Cryptocurrencies have been in the news a lot lately, and not all of the news has been good. In particular, there have been a number of seizures of Bitcoin and other cryptocurrencies by various governments and law enforcement agencies. While some people might see this as a sign that cryptocurrencies are a bad investment, it […]
Who Million In Bitcoin Sued By
On July 11, 2018, the cryptocurrency exchange Bitfinex announced that it had been served with a lawsuit by the company behind the cryptocurrency Tether. The lawsuit alleges that Bitfinex engaged in fraudulent activities, including issuing Tether tokens without having the underlying USD to back them up. Tether is a cryptocurrency that is allegedly backed by […]
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Does Bitcoin Seizure How Hard Is
Bitcoin seizures are becoming more common as law enforcement agencies become more aware of the digital currency. However, how hard is it to seize Bitcoin? Bitcoin is a digital currency that is not regulated by any government or financial institution. This makes it a desirable currency for criminals, as it is difficult to track. As […]
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How Is A Bitcoin Transaction Verified
When you send a Bitcoin transaction, it is broadcast to the network of Bitcoin nodes. These nodes verify the transaction by checking its validity and by making sure that the bitcoins being spent have not been previously spent elsewhere. Nodes also check to make sure that the sender has the required number of bitcoins to […]
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