Sentences with phrase «known as a digital currency»

Bitcoins are a new type of money, known as digital currency, designed for the Internet era.

Cryptocurrency — also known as digital currency, virtual currency, coins, or tokens — is a type of electronic payment.

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Thomas added that Ripple's own digital currency, known as XRP, is less vulnerable to forks or unpredictable changes because, unlike bitcoin, it relies on voting measures that favor users more than miners.

Fully - knit sweaters emblazoned with the logos of popular digital currencies, including bitcoin, Ethereum, and Litecoin — known as «ugly crypto sweaters» — are sweeping the online crypto community.

While dozens of hedge funds have sprung up this year to invest in the white - hot digital currency market, this one, known as Arrington XRP Capital, is the first to be denominated in a crypto - currency rather than dollars or euros.

Also, cryptocurrency investors are preparing for another Bitcoin hard fork next week, in which enthusiasts are planning to split off a second version of the digital currency known as Bitcoin Gold.

Blockchain technology, also known as distributed ledger technology, is a form of shared database originally developed to underpin the digital currency bitcoin.

A smart contract, also known as a cryptocontract, is a computer program that directly controls the transfer of digital currencies...

President Nicolás Maduro laid out a plan last month to create a homegrown digital currency known as the Petro, which would be similar to Bitcoin but backed by the government's oil and natural resources.

In the latest blow — on Tuesday — an alternative virtual currency, known as Tether, that is owned and operated by the same people as Bitfinex, announced that it had been hacked and lost around $ 30 million (U.S.) worth of digital tokens.

Bitcoin: I no longer think it can be defined as a digital currency, but instead as a digital asset we can use to increase the value of our money.

«As cryptocurrencies gain wider acceptance, their ability to undermine politicians increases,» said Roger Ver, an early investor in bitcoin who is known as Bitcoin Jesus, for proselytizing about the digital currency in its early dayAs cryptocurrencies gain wider acceptance, their ability to undermine politicians increases,» said Roger Ver, an early investor in bitcoin who is known as Bitcoin Jesus, for proselytizing about the digital currency in its early dayas Bitcoin Jesus, for proselytizing about the digital currency in its early days.

For advocates of bitcoin and the other cryptocurrencies surging in value, the gold may be in the shares of the companies that produce the computer processors and chips used to create the digital currencies in the process that's become known as mining.

The People's Bank of China is currently developing a digital currency, known as the DCEP, or Digital Currency (for) Electronic Payment, according to a report from the Beijing Youthdigital currency, known as the DCEP, or Digital Currency (for) Electronic Payment, according to a report from the Beijing Youtcurrency, known as the DCEP, or Digital Currency (for) Electronic Payment, according to a report from the Beijing YouthDigital Currency (for) Electronic Payment, according to a report from the Beijing YoutCurrency (for) Electronic Payment, according to a report from the Beijing Youth Daily.

The memo explained that all cryptocurrency purchases had been stopped as of March 28, and that users would no longer be allowed to use credit or debit cards — either business or personal — to purchase digital currencies on popular exchanges.

In large part, this is due to the initial association of the digital currency bitcoin with the black - market website known as Silk Road.

After being celebrated by some as the future of money in a digital age, the virtual «peer - to - peer crypto currency» known as Bitcoin has taken some serious hits in the past week or so.

With thousands of stolen log - ins to a clandestine segment of the internet known as the «dark web,» a Wallingford man admitted he stole hundreds of thousands of dollars worth of the digital currency bitcoin.Michael Richo, 35, waived his right to indictment...

Now just four months after that «hard fork,» as such splits are known, yet another version of the world's most popular digital currency is scheduled to be created.

With thousands of stolen log - ins to a clandestine segment of the internet known as the «dark web,» a Wallingford man admitted he stole hundreds of thousands of dollars worth of the digital currency bitcoin.

The word «crypto» in the phrase «cryptocurrency» is used because every single transaction involving digital currencies is completely encrypted for security purposes; this process is known as cryptography.

However, Nakamoto was the first one to put these previous achievements together and bring about the distributed peer - to - peer system (now known as the blockchain) to life, thereby enabling digital currency transactions.

Craig Wright is perhaps one of the most well - known names in the digital currency industry, especially since he has proclaimed himself as the inventor of bitcoin.

As stated within the budget, «from 1 July 2017, purchases of digital currency will no longer be subject to the GST, allowing digital currencies to be treated just like money for GST purposes.»

As we all know the two digital currencies share many similarities as both of them were created by the same person, the founder of Edonkey, Jed McCaleAs we all know the two digital currencies share many similarities as both of them were created by the same person, the founder of Edonkey, Jed McCaleas both of them were created by the same person, the founder of Edonkey, Jed McCaleb.

As the best - known and most popular (in terms of trading volume) of all cryptocurrencies, bitcoin has the enviable position of being the digital currency with the most credibility and widespread recognition.

Bitcoin is what's known as a «cryptocurrency», a digital asset designed to replace and usurp traditional fiat currency.

Vladimir Kats is well known as one of the co-founders of digital currency service Liberty Reserve.

4.2.12 — Once payment is confirmed the BTC will be sent to this digital currency wallet address as identified by the Customer to Bitit and it will no longer be possible to change such destination to credit the digital currency wallet.

The blockchain is a public online ledger of transactions that first became well known as the software underpinning bitcoin, the first digital currency.

In fact, an Internal Revenue Service (IRS) loophole known as the «like - kind exchange,» which had allowed crypto investors to sell one virtual currency and put that money to work in other digital tokens (a like - kind exchange) allowed investors to completely avoid taxation as a result of technicality.

According to Chief Executive Officer Oscar Darmawan, INDODAX, formerly known as Bitcoin.co.id, will have 1.5 million members buying and selling digital currencies like Bitcoin,...

The second account called as the float account would have the currency that is selling and the third account which is also known as the float account would have the same amount of digital currency that the customer is now converting their present funds to.

Consequently, Yapian, which functions as a Seoul - based exchange known as Youbit, lost a hefty volume of its digital currency reserves.

As criminals are often known to look for ways to move money with low risks of detection, bitcoin and other digital currencies seem like some of the best picks.

Regardless, altcoins are now advancing the evolution of digital currency at a rate that bitcoin, as a relatively established project, can no longer keep pace with.

While bitcoin has become the world's most visible digital currency, there are many other cryptocurrencies out there known as «altcoins.»

Users earn or create blocks (units) in a digital currency by solving complex cryptographic puzzles and verifying transactions, also known as mining.

Cryptocurrencies, also known as virtual currencies or digital currencies, are a form of electronic money.

Smart contract pioneer Agrello has become the first dedicated legal tech company in the world to launch its own digital currency, known as Delta.

As you know, the Canadian Senate Committee on Banking, Trade and Commerce published earlier this year a report on Bitcoin and other digital currencies.

The significance of Bitcoin is that its software design solved what is known as the «double spend problem» of digital currency, without involving intermediaries such as banks.

The digital currency known as Ripple has far beat expectations of those looking to invest in the future of cryptocurrency and continues to do...

Investors should know that buying and using digital currency such as Bitcoin carry risks.

Digital currency exchange Coinbase is still in talks to acquire Earn.com, a paid inbox service formerly known as 21 inc., Axios has learned from multiple sources.

The digital currencies have provided an excellent decentralized modus operandi wherein the control now has been shifted into the hands of users with banks no longer required as financial intermediaries.

Identifying the fraud as «old scam, new technology,» the CFTC cautioned, ``... same basic fraud is now occurring using little - known virtual currencies and digital coins or tokens.»

While it is important to acknowledge that exposure to an asset in its early stage of development, such as a digital currency, comes with a risk, trading Ethereum on Nasdaq Stockholm provides investors with the protection provided by a regulated infrastructure, well - known marketplace and accessibility through their ordinary brokers.»

As the best - known and most popular (in terms of trading volume) of all cryptocurrencies, bitcoin has the enviable position of being the digital currency with the most credibility and widespread recognition.

It said while it has taken notice of recent developments in the use, holding, and trading of virtual or digital currencies (also known as cryptocurrencies), such as Bitcoin in Ghana, it is not legal tender and it is not regulated.