Sentences with phrase «other cryptocurrencies use»

Bitcoin and most (but not all) other cryptocurrencies use blockchain technology.

This is the same system that most other cryptocurrencies use.

For a «currency» that claims to be the bitcoin killer, OneCoin does not use any of the protocols that other cryptocurrencies use.

This happens because unlike credit cards that follow a «pull» basis, Bitcoin and other cryptocurrencies use a «push» mechanism.

[58] Bitcoin and many other cryptocurrencies use open (public) blockchains.

For example, bitcoin and some other cryptocurrencies use the blockchain as the underlying infrastructure.

Well, the crux of the news is this: banks no longer want you to be able to buy Bitcoin and other cryptocurrencies using your credit card.

The exchange will enable users to trade bitcoin and other cryptocurrencies using the Egyptian pound and, thus, connect the local economy to the global digital currency market.

What's even better is that consumers will be able to create new wallets, create backup copies of old wallets, and even exchange fiat currency and other cryptocurrencies using atomic swaps.

At the end of 2016 they started supporting purchasing of BTC / ETH and other cryptocurrencies using a debit / credit.

Development pressure and increased community interest indicate that a solution to bitcoin scaling issues may be nearing implementation, but how will this positive change benefit users if they can no longer transact between fiat and other cryptocurrency using bitcoin?

Not exact matches

• Since bitcoin is the most valuable cryptocurrency at the moment, I chose to use NiceHash instead of mining others like ether.

The U.K. banking group Lloyds has banned its customers from using their credit cards to buy bitcoin and other cryptocurrencies.

The same technology that's used to power bitcoin and other cryptocurrencies could be coming to a social media app near you.

[CEO Pavel] Durov's idea is to launch an entirely new blockchain, using the Telegram's 180 million users as rocket fuel to power forward into mainstream adoption off cryptocurrency and making Telegram, effectively, a kingmaker of other cryptocurrencies, because of its existing scale.

Blockchain is best known for its use by cryptocurrencies like Bitcoin and others to keep track of transactions and ensure the accuracy of cryptocurrency valuations.

Cryptocurrency uses a «push» model which prompts the cryptocurrency holder to send exactly what they want to the seller without any other form oCryptocurrency uses a «push» model which prompts the cryptocurrency holder to send exactly what they want to the seller without any other form ocryptocurrency holder to send exactly what they want to the seller without any other form of information.

As a result, a transaction such as trading bitcoin for another digital coin is taxable since it is considered a sale of property for cash, which is then used to buy the other cryptocurrency.

Bitcoin and other cryptocurrencies are just the beginning of how blockchain can be used for transactions and tracking.

Other Asian countries have since followed suit, with South Korea reportedly set to ban the use of anonymous accounts in cryptocurrency transactions as soon as this month.

The groups also bought fake U.S. driver's license numbers and other common identification documents that they used to «maintain their accounts at PayPal and elsewhere, including online cryptocurrency exchanges.»

Many entrepreneurs and others who like using cryptocurrencies are starting to turn to alternatives like Dash and Ethereum.

Unlike other options discussed later, these units can be used with cryptocurrencies other than bitcoin.

The cryptocurrency can be used to add money to a Microsoft account in order to buy apps, games and other digital content from its various online stores, Microsoft said on a help page detailing how to use Bitcoin.

Second, brokers, dealers and other market participants that allow for payments in cryptocurrencies, allow customers to purchase cryptocurrencies on margin, or otherwise use cryptocurrencies to facilitate securities transactions should exercise particular caution, including ensuring that their cryptocurrency activities are not undermining their anti-money laundering and know - your - customer obligations.

Sources described as «close to» the agency apparently said that the move comes in response to concerns over money laundering and other possible illegal uses of the cryptocurrencies.

Aside from cryptocurrencies, BitStarz players can also make deposits using the U.S. dollar, the euro, the Australian dollar and even the Ruble, among others.

Personnel with the trading platforms are apparently suspected of having embezzled customer funds, then using them to buy cryptocurrency on other exchanges.

Nevertheless, the bank received enough interest from hedge funds, endowments, and other institutional investors that its board of directors voted to approve the move that will see it become the first major US bank to use its own funds to trade cryptocurrencies or cryptocurrency derivatives.

Municipal power authorities in upstate New York have received permission to charge certain cryptocurrency mining enterprises higher rates for the use of their electricity than they charge other customers.

A bill currently in the US Senate would call on federal personnel, including from the Department of Homeland Security, to develop and share with other law enforcement bodies a threat assessment describing how cryptocurrencies could be used to support terrorist activity.

In other news, Venezuela is looking to increase use of its Petro cryptocurrency, NewsBTC reported.

Arizona is now considering another bill which would allow tax payments using bitcoin, litecoin or other cryptocurrency recognized by the tax agency.

Bitcoin has spawned hundreds of other cryptocurrencies with varying traits, capabilities and origins (including forks), and new uses including initial coin offerings (ICOs) that often meld this technology with crowdfunding.

Some analysts think bitcoin will retain a premium as a security, like gold, in the digital world, while other cryptocurrencies are used for commerce.

Commonly referred to in other cryptocurrencies as mining, the process of digging for DOGE allows you to use your computer's CPU (Central Processing Unit) to do a certain amount of cryptographic work.

«Icon's listing in local exchanges is significant itself as the coin is South Korea's first platform coin,» built on code that can be used for other applications, said Park Nok - sun, a cryptocurrency analyst at NH Investment and Securities.

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.

Using cryptocurrency to pay independent contractors and other service providers is taxable, and self - employment tax rules generally apply.

NEW YORK (Reuters)- Fidelity Investments has started allowing clients to use its website to view their holdings of bitcoin and other cryptocurrencies held through digital wallet provider Coinbase, the company said on Wednesday.

On Tuesday the office of New York Attorney General Eric Schneiderman sent letters to 13 cryptocurrency exchanges requesting information on «their operations, use of bots, conflicts of interest, outages, and other key issues.»

By using coinatmradar.com you can find bitcoin or other cryptocurrency ATM locations as well as various alternative crypto - cash exchange services.

Among other things, this means that a payment made using cryptocurrency is subject to information reporting to the same extent as any other payment made on property.

Similarly, the most common GUI devised for the blockchain are the so - called «wallet» applications, which people use to buy things with Bitcoin, and store it along with other cryptocurrencies.

Unlike most other cryptocurrencies, Sparkle Coin is part of a three company ecosphere for buying, trading, and using your Sparkle Coins.

Theoretically, cryptocurrency works just like any other currency in that it can be used to spend and buy goods.

This same example also applies to other cryptocurrencies that use the PoW mining system.

Then manufacturers and service companies receive the payment excluding the commission of the Yodse platform which varies depending on the used type of currency (1 % of the commission via Yodse tokens, 1,5 % with any other cryptocurrency and 3 % with traditional currencies).

Buying Monero is just as easy as acquiring any other cryptocurrency; at the time, you can even buy them directly using dollars or euros.

Currently at BetKing, we support up to 19 different altcoins, tokens and cryptocurrencies in order to provide our players with more choice than the traditional BTC tokens used on numerous other sites.