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Bitcoin

Understanding the Value of Bitcoins: 5 Factors that influence the value of a Bitcoin

The value of the USD and other normal currencies are affected by different factors than Bitcoin, while usually, the value of $1 depends on the balance of trade, price of oil, gold, and many other things with Bitcoin it depends on different factors which are completely new to the economy. Let's take a look at…

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Bitcoin Virtual Currency

Ebay could start accepting Bitcoins in its auction-format listing

World biggest online marketplace has recently filed a patent application  called "System And Method For Managing Transactions In A Digital Marketplace" which indicates that eBay has created a system for digital currency processing that could mean we will soon start to see ebay accepting Bitcoins as a payment method, the patent filing states: The currency module…

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Bitcoin

Coinbase security vulnerability caused huge leak in user information

At the end of February Shubham Shah notified in a blog post  that a bug could cause huge harm to Coinbase worlds most popular Bitcoin exchange platform and it seems like hackers have exploited this security vulnerability Shubham has warned Coinbase about 4 months ago as hundreds of users are reporting on Reddit  that they are receiving phishing emails…

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BitLicense

What is BitLicense and how does it affect Bitcoins

Over the past few days, you might have heard of this new "BitLicense" the license which started as a proposal on popular social sharing website Reddit where Ben Lawsky, Superintendent of Financial Services at the New York State Department of Financial Services (DFS) announced what is now known as the BitLicense proposal What is BitLicense The Bitlicense document…

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