Strasbourg: New law has been passed to prevent import of cheap Chinese products into European countries. It was passed by 554 votes to 48 against, in the European parliament’s session on Wednesday. It was finalized after last month’s discussion amongst the European council members and the parliament. Although, the European Union (EU) in the past […]
Read More »Moscow: ‘Bitcoin’ rate hitting a record high of 7,888 Dollars three days back, has now sharply fallen by 1300 Dollars. In barely 48 hours, the ‘Bitcoin’ rate has declined by 17%. The fall may be triggered by sudden withdrawal of decision to implement technical improvement in ‘Bitcoin’. This decline substantiates the speculation of Bitcoin investment […]
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Australia central bank, the Reserve Bank of Australia has claimed that there is no need to put regulations on ‘Cryptocurrencies’ and the underlying ‘Blockchain’ technology. This information has emerged a month back during a hearing before the Australian Parliament. Just few months back, Australia had clarified that ‘Bitcoin’ could be used like any other currency. […]
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Amazon,the multinational giant with annual revenue of USD 136 billion and total assets worth USD 83 billion is reportedly getting ready to enter the Cryptocurrency sector. Reports say that the company, which is considered the leader in electronics, online shopping, cloud computing, etc. has registered 3 domains or web-addresses related to cryptocurrency. As of now, […]
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Washington: 3rd November 2017, The Bitcoin exceeded the mark of seven thousand dollars on Thursday last. The CME Group in the USA with the largest ‘Options and Futures Exchange’ had already hinted that the ‘Bitcoin Futures’ trade would take off by the end of the year. This announcement caused the Bitcoin to soar more than […]
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The past year has seen an unprecedented increase in the value of the Bitcoin. Although some financial experts have predicted that the cryptocurrency has a great future, there are many others who have expressed their reservations about Bitcoin, and have advised caution. The kind of surge that has been witnessed in the value of the […]
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Moscow, 03 Nov 2017: The number of cyber-attacks on Bitcoin and other cryptocurrencies is on the rise over the past few months indicating that this mode of currency is no longer invulnerable, reports Russian Cybersecurity firm ‘Kaspersky’. The cryptocurrencies are being attacked with the help of a malware named ‘Cryptoshuffler’ which has led to the […]
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Tehran, 03 Nov 2017: Iran will use Bitcoin for domestic transactions. Iranian Deputy Minister of Information and Communication Technology, Amir Hossein Davaee made this important announcement that ‘detailed study and research was being conducted and the necessary preparations for the use of Bitcoin were underway’. This announcement of use of Bitcoin by Iran, that is […]
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Moscow, 03 Nov 2017 – Bitcoin and other cryptocurrencies could prove ‘Halal’ in Islam and could be used for ‘Islamic Banking’, said Madina Kalimullina, adviser on Islamic economics and finance to the Russia’s ‘Mufti Council’. Speaking to a Russian news agency, Kalimullina clarified that though a formal decision was yet to be made in this […]
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New Delhi: A government panel is said to have advised the closure of businesses dealing in the buying and selling of cryptocurrency as also of cryptocurrency exchanges operating in the country. While the ‘Bitcoin’ hits a new high, with its value growing 200 percent in the course of the past seven weeks, the number of […]
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