El Salvador is the first country in the world to authorize cryptocurrency in internal trade, yesterday the approval of the Senate which surprised all economic observers in the world. The news was in the air because the measure had already received the endorsement of President Nayib Bukele last June, and immediately transformed into law by [...]
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(by Francesco Rugolo) In recent months, the rapid increase (and partial decline) of the value of many crypto-coins has sparked heated debates, often based on wrong and little-known concepts. A widely used term when talking about crypto currencies is "blockchain": it is the technology that underlies virtual currencies such as Bitcoin, [...]
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The president of the ECB, Mario Draghi launches a warning for bitcoin, the cryptocurrency that is making the whole world talk due to the crazy fluctuations and related speculations. Today, a member of the Bank of Italy, Salvatore Rossi, also intervenes on the subject, calling them "speculative contraptions". And from Iceland comes a curious alarm: if the use of [...]
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The popularity of Bitcoin and the emergence of around 1.500 other digital coins or tokens have drawn more hackers into the cryptocurrency cyber, expanding opportunities for crime and fraud, according to cybersecurity firm Digital Shadows, in a report on Thursday. Cybercriminals follow the evolution of cryptocurrencies in an unregulated world in [...]
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(by Massimiliano D'Elia) China, South Korea, France and other countries are planning to impose restrictions and regulations on the electronic money market, with unexpected effects on the markets. The European Commission has also sounded an alarm on the "clear risks" associated with Bitcoin and cryptocurrencies for investors and consumers. "We are closely monitoring developments on cryptocurrencies and [...]
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According to a recent survey conducted by Blockchain Capital and reported by Forbes, 30% of those aged 18 to 34 would prefer to invest $ 1.000 in Bitcoin rather than government bonds or stocks. The same study also indicates that 42% of respondents have heard of Bitcoin, compared to 15% [...]
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(Alessandro Rugolo) One of the businesses of the moment seems to be investing in cryptocurrency. The best known are Bitcoin, Ripple, Ethereum, Litecoin and about 700 other types of digital currency, among the latter there is also one called Youbit, owned by Yapian, a South Korean company. In the last year it seems that the South Koreans have discovered [...]
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Strong rises in bitcoin could drive the digital currency to an exorbitant $ 250.000, up from around $ 4.600 today, over the next ten years. This would send bitcoin's market capitalization to 5.000 trillion over the same time frame. To predict this type of scenario is Aaron Lasher, co-founder of Breawallet, [...]
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