Tron- A shooting star from nowhere

TTron cryptocurrency overview:The Tronix token which was priced at only fractions of cents in November month last year was deemed worthless back then. However in December its value rose up to 25 cents which gradually decreased to 6- 7cents in mid January. Tron currently stands out among the 20 digital assets with a market cap of $6billion. The idea of TRON is that it wants to offer an alternative way to share, store and own entertainment content online

Mark Zuckerberg’s interest in CryptoCurrency to make Facebook Better

Mark Zuckerberg’s interest in CryptoCurrency to make Facebook Better

Every year, Facebook CEO Mark Zuckerberg tries to fix the problems persisting in the system and make Facebook better. Since 2009, he faces new challenges and comes up with better Facebook. For this year, his challenge is to fix things on Facebook using better tools to improve its services. In 2018, they will be looking forward to fixing things on Facebook. In his recent Facebook post, he also said that Facebook will be looking forward towards cryptocurrency in 2018. Zuckenberg’s Interest in encryption & his statements Zuckerberg was found taking interest in encryption and cryptocurrency, which takes power from centralized […]

EU regulators warn against CryptoCurrency

EU regulators warn against CryptoCurrency

The European Union banking, securities and pensions regulators have warned cryptocurrency investors of the Bitcoin’s “pricing bubble” and said that the investors could lose all their money.  The European Banking Authority, European Securities and Markets Authority, and the European Insurance and Occupational Pensions Authority claimed that there were no safeguards for consumers buying into the £290 billion cryptocurrency market.

India: Cryptocurrency may not be legal tender but is it illegal?

India: Cryptocurrency may not be legal tender but is it illegal?

Finance minister Arun Jaitley’s statement that cryptocurrency is not a legal tender has elicited different interpretations across the industry. While some claim that the use of cryptocurrency itself is illegal, there is another faction in the industry that believes that the trading of cryptocurrency at exchanges has not been banned. Cryptocurrency is digital currency where encryption techniques are used to oversee the generation of currency and verify the transfer of funds in a decentralized manner. What Jaitley actually said was that “the government does not consider cryptocurrency legal tender or coin and will take all measures to eliminate the use […]

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