Understanding How Gold Prices Are Determined Paper currencies have come and gone through the ages but gold has always maintained its value. While cultures have cherished gold for its beauty and viewed it as a symbol of wealth, investors today buy gold to diversify their portfolios, as a hedge against inflation, and for protection against…
The History of the Dollar From Thalers to Dollars The history of the dollar is a story involving many countries in different continents. The word dollar is much older than the American unit of currency. It is an Anglicised form of “thaler”, (pronounced taler, with a long “a”), the name given to coins first minted…
Bitcoin Declared Sharia Compliant, Opening Crypto Markets to Islamic Finance “The use of any lawful thing for an unlawful purpose can not make the thing itself unlawful.” So concludes Indonesia’s Blossom finance, ending a debate in the Islamic world and perhaps even more widely. A couple of Sheiks had previously argued that bitcoin is not…
$150,000 USD in Ethereum Stolen in MyEtherWallet Hack For two hours yesterday, April 24th, 2018, hackers diverted visitors of MyEtherWallet.com, accessing user accounts and stealing approximately 215 ether. MyEtherWallet warned users on Reddit and Twitter as soon as the hack was identified. But, this left a couple of hours where users of the wallet attempting…
Nasdaq is open to becoming cryptocurrency exchange, CEO says – Once the regulation is smoothed out and the space “matures”, Nasdaq would consider becoming a digital currency exchange, the company’s CEO says. – “Certainly Nasdaq would consider becoming a crypto exchange over time,” Nasdaq CEO Adena Friedman says. – In the meantime, Nasdaq is supporting…
Claim Daily – Never miss a single day for bigger bonus Earn Cryptocurrency Buying, mining or minting is not the only way to earn cryptocurrency these days. There is different earning programs out there that let you watch videos, play games, download apps, answer surveys and visit websites to earn many different kinds of cryptocurrencies….
New York’s attorney general is investigating bitcoin exchanges New York Attorney General Eric Schneiderman launched an investigation into bitcoin exchanges today, his office announced. He’s looking into thirteen major exchanges, including Coinbase, Gemini Trust, and Bitfinex, requesting information on their operations and what measures they have in place to protect consumers. “Too often, consumers don’t…
Billionaire banking heir Matthew Mellon dies in rehab, aged 54 Matthew Mellon, the billionaire banking heir and cryptocurrency investor whose British ex-wife founded Jimmy Choo, has died at a drug rehabilitation centre in Mexico. The 54-year-old socialite was a descendant of two of America’s great banking dynasties and had faced a lengthy battle with drug…
Email Service MailChimp to Block ICO, Crypto Marketing MailChimp said in a tweet that “cryptocurrency-related information isn’t necessarily prohibited,” provided the sender is not selling, trading, storing or marketing cryptocurrencies. Email distribution company MailChimp will bar marketing campaigns for cryptocurrencies and initial coin offerings starting next month. In an email sent to a MailChimp customer…
Star of South Africa Diamond The “Star of South Africa” diamond was discovered in 1869 and started ‘diamond fever’ throughout the world. The 47.69 carat pear shaped diamond was set into a pendant brooch with oval and round old mine cut diamonds in a lily of the valley motif. The brooch designed by Pierre Cartier…
Bitcoin Mining Now Consuming More Electricity Than 159 Countries Including Ireland & Most Countries In Africa Bitcoin’s ongoing meteoric price rise has received the bulk of recent press attention with a lot of discussion around whether or not it’s a bubble waiting to burst. However, most the coverage has missed out one of the more…
Cryptocurrency by Russia’s Telegram Founder Raises $850 Mln in Investments In early January, the TechCrunch website reported Telegram’s plans to launch its own blockchain, the “Telegram Open Network” (TON), platform and homegrown cryptocurrency. Russian tech genius, founder of Vkontakte and Telegram, Pavel Durov has filed a “Notice of Exempt Offering of Securities” with the US…