Tag: used illegal activities

What Percentage Of Bitcoin Transactions Are Illegal

What Percentage Of Bitcoin Transactions Are Illegal Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: 21 million. Bitcoins are created […]

If You Knew Who Was Behind Bitcoin

Bitcoin is a digital currency that is not tied to any country or government. It is often called a “cryptocurrency” because it is encrypted and can only be used by those who have the secret code. Bitcoin was created in 2009 by someone using the pseudonym Satoshi Nakamoto. So who is behind Bitcoin? No one […]

How Much Of Crypto Is Used For Illegal Activity

Cryptocurrencies are often associated with criminal activity, and for good reason. Bitcoin, the first and most well-known cryptocurrency, was used to purchase drugs on the now-defunct Silk Road marketplace. However, how much of crypto is actually used for illegal activity? A study by Chainalysis, a blockchain analysis firm, found that only 1% of all Bitcoin […]

Regulators Exploring How Banks Could Crypto

Regulators in different parts of the world are exploring how traditional banks could get involved in the cryptocurrency market. In the United States, the Securities and Exchange Commission (SEC) has been looking into whether banks should be allowed to offer custody services for digital assets. The idea is that banks could hold and protect cryptocurrency […]

How Bitcoin Can America Cancel Culture

Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: 21 million. Bitcoins are created as a reward for a process known […]