The prime suspect of the notorious Mt. Gox hack is currently facing trial. The first trial hearing of the suspect namely Alexander Vinnik, who is a Russian national, started in Paris on Monday. Allegations against Vinnik are that he stole Bitcoin worth approximately US$ 4 Billion as a result of the Mt. Gox hack. Once…
There was a time when the concept of digital currencies seemed alien. No one could have imagined that virtual currencies would ever be a part of the financial markets and yet, this is exactly what has happened. When Bitcoin, the first crypto, was introduced in 2009, it didn’t make any big waves and people assumed…
There was a time when the traditional banking was considered to be the only financial facilitator for a common person. With time, it seemed that this perception was hardcoded in any person who was somehow connected to banking. If one had to do savings, acquire loans, mortgages etc. then the bank was the only point…
It was September 2020 when Monero informed their users that they were working on a new update feature for their network. Today, Monero developers have announced that they have launched their new updates. The update named ‘Oxygen Orion’ will offer a newer version of its node software to the users. As per Monero, the project…