Sentences with phrase «use of cryptocurrencies other»

«We'll see a progressive shift in 2018 towards criminal use of cryptocurrencies other than bitcoin, making it generally more challenging for law enforcement to counter,» Rob Wainwright, executive director of Europol, warned in a Tweet.

«We'll see a progressive shift in 2018 towards criminal use of cryptocurrencies other than bitcoin, making it generally more challenging for law enforcement to counter,» Rob Wainwright, executive director of Europol, recently warned.

Not exact matches

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

[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.

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.

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.

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.

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.

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.

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.»

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

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).

ARM can be also used as a storage value, as its price represents a fraction of crude oil, while it can be also exchanged for any other major cryptocurrency like Ethereum (ETH), from where it could be transacted in any altcoin.

China and several other countries have started banning the use of cryptocurrencies.

Now, in such a scenario where bank transfers and other platforms such as Paypal are becoming expensive, for such countries, large volumes of transfers can be made possible using cryptocurrencies.

Preston: [00:17:56] So what's so interesting here is that on one side we have Silicon Valley working at a rapid pace to create this new digital cryptocurrency and we also have governments and global authorities looking into the implications of using the similar technology whether it's the IMF or other central banks around the world that are that are talking about using some form of crypto to back their monetary baseline.

Mastercard can thank JPMorgan, Bank of America and others for that decline, as these banks» decision to ban customers from using their credit card to transact in cryptocurrencies had a domino effect on other banks like Capital One and Citigroup.

It's easy to use and supports bitcoin, Bitcoin Cash (BCH), Ether (ETH), ERC20 tokens and an extensive range of other cryptocurrencies.

He talked about Bitcoin being more suitable as a long term store of wealth then an ideal form of payment without mentioning other cryptocurrencies like Bitcoin Cash that were created specifically as easier to use forms of payment.

Using cryptocurrency, is also extremely safer than real currency, as cryptocurrency, is 100 percent digital, so it eliminates the risks of being stolen in robberies or other relating crime that occurs in these countries.

Those in favour of bitcoin and other cryptocurrencies claim that the digital currency has an intrinsic value associated with its technology, which will eventually be used in a wide range of applications in the financial - services industry.

Since trade done using cryptocurrencies means that cryptocurrencies behave as a source of value similar to that of the US Dollar, they are also taxable according to the rule of law just like any other privately owned property is in the US.

So far, Russia is one of the most anti-bitcoin countries, considering the fact that they have extensive legislation in place, meant to discourage the use of bitcoin and other cryptocurrencies.

People who are interested in cryptocurrency actively use stats on coinmarketcap and other resources to calculate the gross market value without an inclusion of dead or scam currencies.

The exponential rise in Bitcoin and other cryptocurrencies attracted a number of new traders who embarked on a buying spree — mainly purchasing cryptocurrencies using credit cards.

A bank that allows its customers to use a debit card or other form of deposit transfer to buy cryptocurrencies, it should be noted, is not extending credit to those customers and is not exposing the bank to any risk of credit losses from crypto price volatility.

Equihash, the Proof - of - Work (PoW) mining algorithm used by Zcash and a variety of other cryptocurrencies, is about to get a lot less equitable.

The announcement comes on the heels of a statement by Vladimir Putin on October 10, who told reporters that the «use of cryptocurrencies also carries serious risks» and that the Russian state has a responsibility to protect its people from fraud and other forms of harm.

Exchange: A cryptocurrency exchange is an online platform or digital marketplace where traders can buy and sell cryptocurrencies using different forms of fiat currency or other altcoins.

By taking cryptocurrency mainstream, and allowing it to be used like any other form of payment, they can hit a user segment that has largely been untapped by current cryptocurrencies.

TOPICS IN THIS INTERVIEW 01:05 Embracing Bitcoin, Ethereum and the Blockchain 04:35 The long - term trajectory of Bitcoin and other Cryptocurrencies 08:50 ICOs and the potential to make large gains on Investments 12:00 Trustworthy tokens 15:25 Potential use cases of Blockchain Technology 17:05 Blockchains without a token?

I believe in order for anyone to unseat Bitcoin from the number 1 position, they will need to be the first to transparently integrate their currency with current forms of payment options -LSB-...] By taking cryptocurrency mainstream, and allowing it to be used like any other form of payment, they can hit a user segment that has largely been untapped by current cryptocurrencies.

Since the development of the Bitcoin, the blockchain technology has gained remarkable use in various fields but has predominantly been utilized in the development of other cryptocurrencies.

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.

On the other side of it, there is the possibility of cryptocurrencies being used for activities that the bank wants to have no part of.»

The secondary effect is capital flight from China, which is that hundreds of billions of dollars are fleeing China and they're using Bitcoin and other cryptocurrencies to get the money out.

TOPICS IN THIS INTERVIEW 01:05 Embracing Bitcoin, Ethereum and the Blockchain 04:35 The long - term trajectory of Bitcoin and other Cryptocurrencies 08:50 ICOs and the potential to make large gains on Investments 12:00 Trustworthy tokens 15:25 Potential use cases of Blockchain Technology 17:05...

And will governments allow the use of non-government cryptocurrencies like Bitcoin or BitGold, other types of cryptocurrencies, do you see that happening?

Friedman responded that «It is a non-regulated space today, so it is not something that we have decided to go into becoming a cryptocurrency exchange but we are providing technology now to other cryptocurrency exchanges,» pointing to Nasdaq's surveillance technology that will be used by Gemini to oversee its cryptocurrency trading pairs in Ethereum and bitcoin to alert the exchange of suspicious trade behavior, potentially preventing market manipulation.

Another key is to focus on companies that have already committed to using or are considering using cryptocurrencies or other applications of blockchains because these companies will be able to leverage the advantages of blockchains for a competitive edge.