Will Bitcoin suffer the same fate as Technology Bubble of 2000?

Digital currencies are facing a tough time in the current year after hitting the lifetime high in the last year. Therefore, there are all talks about the fate of the virtual currencies. This included the cryptocurrencies going in the same way that the technology or internet sectors have witnessed during the period 1998 – 2000. …

Privacy coin Verge suffers 51% attack, forced to fork

Popular privacy coin, backed by a zealous crypto community Verge, fell prey to a 51% attack yesterday, after which the currency was forced to fork. A miner gained access to majority control of the network’s hash rate after which 250,000 coins amounting to over $1 million were stolen. To gain control back and secure the …

Bitcoin Is Sharia Law Compliant, Says Islamic Scholar

Cryptocurrency’s future in Islamic countries was mostly dubious because of the Sharia law. Some experts have suggested that the use of cryptocurrency is Haram or forbidden as per the religious rules. However, an Islamic scholar recently challenged this view, suggesting that bitcoin is compliant with the law. Following this, bitcoin adoption can now be open …

Arizona sees Roadblocks in Accepting Bitcoin as Tax Payments

Arizona Sees Roadblocks in Accepting Bitcoin as Tax Payments There are both for and against bitcoin or any other digital coin for being used as a means of tax payment. For instance, New York is busy in framing guidelines that could stifle innovations for the blockchain-associated digital currency’s ecosystem. On the other hand, Arizona is …

Charlie Munger takes on Elon Musk and Bitcoin

Charlie Munger Takes On Elon Musk and Bitcoin Charlie Munger was recently interviewed by Andy Serwer, Editor in Chief Yahoo Finance about various topics ranging from Donald Trump to bitcoin. The outspoken vice chairman of Berkshire Hathaway was in awe of Elon Musk’s brilliance and disregarded bitcoin of any value. He was interviewed in Omaha, …