Sentences with phrase «relies on cryptocurrency»

Kingdom Trust CEO Matt Jennings told IBT his company does not offer any financial advice and relies on the cryptocurrency security firm BitGo to store these assets.

If, one day, businesses and people come to rely on cryptocurrencies, they may have Zooko and his band of ravagers to thank for laying the foundations to make that possible.

There are not a few people who rely on cryptocurrencies, we have seen that over time they have added to the growing faith of the cryptoactive, empresarios, artistas, filántropos, gurús, entrepreneurs, artists, philanthropists, gurus, investors, politicians, economists, and many influential and recognized people around the world who consider that currencies like bitcoin and others have tremendous potential and many practical uses.

In the end, the blockchain offers a number of applications that don't necessarily rely on cryptocurrencies.

That being said, the bitcoin community is excited about the prospect of a futures contract that enables them to bet on price swings without having to rely on cryptocurrency exchanges.

Forget relying on cryptocurrencies.

Yet, even as one U.K financial regulator has warned against investing in derivatives that rely on cryptocurrencies, Morini remains convinced his work is headed towards a derivatives market that leverages the best of the old and the new.

On the other hand certain bankers have totally deviated from this view by stating that they can not rely on a cryptocurrency which is devoid of the government's backing.

That being said, the bitcoin community is excited about the prospect of a futures contract that enables them to bet on price swings without having to rely on cryptocurrency exchanges.

Companies are finding better ways to utilize Blockchain's capabilities, instead of relying on cryptocurrencies» speculative gains.

Not exact matches

At the time, Coinbase was one of the largest brokers for cryptocurrency, but it relied on different exchanges for sources of liquidity.

Three members of the CNBC Financial Advisor Council chime in on the prospect of cryptocurrencies, and the blockchain technology they rely on, as investments.

The securities laws surrounding cryptocurrencies have been unclear in recent months, allowing firms to rely on self - disclosure and making fraudulent exchanges easier to execute.

Groups that «mine» ethereum and several other major cryptocurrencies by crunching transaction records for new coin rewards have relied on graphics chips from AMD and Nvidia (nvda).

SALT Lending relies on a multi-signature wallet that allows counter-parties in a transaction to both access the account — and a software service that marks to market the value of the cryptocurrencies held as assets.

A split in the Bitcoin would also mean a split in the services that nearly all cryptocurrencies rely on to run exchanges, amongst a growing number of other services.

Although OTC trading relies on bank wires and mainstream communication channels (e.g., Skype), there are apparently no reporting requirements or independent audits for this slice of the cryptocurrency industry.

Cryptocurrencies that rely on decentralization offer society a unique value proposition unlike anything we've seen in recent history.

He said his biggest concerns for alternatives to what exists today include regulation and central bank reactions to options that rely on distributed ledger technology and cryptocurrencies, in addition to having a network robust enough to operate at scale.

Additional dialogue was given to the question of token sales and initial coin offerings (ICOs), or funding mechanisms that rely on the use of custom cryptocurrencies.

WaveCrest held a substantial proportion of the market share for prepaid cryptocurrency debit cards, therefore Visa's actions will likely affect a large number of customers who rely on these cards for everyday expenses.

Indeed, proto - currencies that predate their pecuniary and digital twins by many thousands of years relied on many of the same mechanics as the cryptocurrencies that are the latest offshoots of our need for trust - based value exchange.

A lot of people rely on this company for cryptocurrency exchange and wallet services.

They also relied on punycode encoding, fake cryptocurrency wallets and social media fraud to phish unsuspecting users.

With cryptocurrency transactions, customers don't have to share personal data when making purchases because they rely on a send - only protocol, meaning that counterfeiting and identity theft are decreased because there aren't any number for hacker to steal.

Should the broker include cryptocurrency liquidity if to rely on these facts?

Bitcoin is a cryptocurrency, a digital asset designed to work as a medium of exchange that uses cryptography to control its creation and management, rather than relying on central authorities.

Much like the case of the TrickBot Trojan, which relies on its existing capabilities to use serverside webinjections in attacks against cryptocurrency holders, mobile malware leverages the overlay screen to do the same.

Decred is announcing support for on - chain atomic swaps, which will allow cryptocurrency holders to trade directly, without having to rely on external exchanges.

So, instead of relying on proof of work to create its currency, Telegram will rely on a new, less energy - hogging way of mining cryptocurrency than the original Bitcoin method.

Unlike traditional currencies, cryptocurrencies do not rely on a central issuing body or sovereign government.

The Bitcoin can be stored in a virtual wallet and has been described as a cryptocurrency; a decentralized, peer - to - peer currency which relies on cryptography to facilitate currency generation and transactions.

To start, cryptocurrencies don't rely on the participation of various entities like banks, clearing houses, card companies, and digital wallet providers to work.

So, instead of relying on proof of work to create its currency, Telegram will rely on a new, less energy - hogging way of mining cryptocurrency than the original Bitcoin method.

This is bad news for cryptocurrency exchanges in particular who rely on banks for their business.

But many U.S. investors rely on foreign exchanges to trade cryptocurrencies.

Cryptocurrency enthusiasts who rely on Ledger hardware wallets to keep their coins safe ought to exercise extreme caution when sending funds: sticky - fingered hackers might be out to re-route your digital cheddar away from your intended recipient and straight to their own wallets instead.

SpicePay relies on the services of third parties for the exchange of cryptocurrency into fiat currencies.

CRYPTOCURRENCY: A digital currency that relies on cryptography to validate and secure transactions.

By relying on a hybrid model that harnesses both the power of fiat currency and the flexibility of cryptocurrency trading, BINKD aims to give buyers and sellers something different and provide them with a new and more robust option for trading these new forms of payment: a decentralized exchange.

In direct opposition to traditional financial systems, cryptocurrencies do not rely on central authorities to govern transactions and regulate exchanges.

Although UBU relies on Ethereum's private blockchain, it's quite different from most cryptocurrencies.

If Bancor succeeds, developers will no longer need to rely on exchanges like Coinbase or «whales,» aka cryptocurrency power players like the Bitcoin Investment Trust.

Now Bloomberg reported the People's Bank of China is quietly outlining plans to limit the cheap electricity sources bitcoin miners rely on, all without outlawing cryptocurrency itself.

The «decentralized cryptocurrency» does not have a physical presence and has to rely on the performance of its network participants for functioning properly.

Besides earning bitcoin directly from selling goods and services or just relying on the kindness of the web, the most common way for people to fill their bitcoin wallets is by trading fiat currency like Rands or Dollars for cryptocurrency via exchanges like BitX or Coinbase.

In the notice, while the CSA mentions that, as of the date of the notice, no business had used a prospectus exemption to complete a cryptocurrency offering in Canada, it also states that it anticipates that cryptocurrency businesses may rely on the accredited - investor exemption (which requires investors to pass an asset test), or the offering memorandum exemption (which implements various specific disclosure obligations on the part of the issuer), depending on the provincial securities legislation in consideration.

In May of 2017, Litecoin became the first major cryptocurrency to use the Lightning Network (which relies on Segregated Witness) for a transaction sending 0.00000001 Litecoin to San Francisco from Zurich in a fraction of a second.

IOTA - IOTA is a distributed ledger platform and one of the few prominent cryptocurrencies that does not rely on blockchain technology.

Meanwhile, another commentator explained that this would mainly impact ICOs and sketchy cryptocurrencies that heavily rely on marketing, writing: