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Bitcoin, which works on the infrastructure of Blockchain, was the first cryptocurrency to enter the market; but it wasn’t the first attempt at creating a digital monetary system.

 

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The Hackerone website is one of the largest and most well-known websites among developers and hackers, and it provides reward-giving programs which works toward discovering vulnerabilities and fixing them. 

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According to the news published by the local news outlet Sabah, on February 12, 2019, the Turkish police arrested 24 hackers who, in the past, stole 13 million Turkish lira (equal to $2.47 million) from a Turkish cryptocurrency company.

 

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Malaysia: Cryptocurrencies as Securities Malaysia is among the countries that has recently published its regulations about encryption industry and cryptocurrency. This means that cryptocurrencies will be within the purview of…

 

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According to local government reports, Chinese legislators do not recognize cryptocurrencies as legal money or a tool for payment operations, and the banking system of China has not recognized cryptocurrencies…

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Germany; Cryptocurrencies as Private Money Although cryptocurrencies are not legal in Germany since 2013, they have been proposed as private money by the Ministry of Finance. As a result of this approach, any profit gained through trading or... read more

On January 23, Financial Services Authority (FCA) published a 50-page article titled “Instructions for Cryptocurrency Assets,” for the legislators of the country.

 

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Cryptocurrencies are a new phenomenon in today’s modern world. A phenomenon whose advent is owed to technologic and communicative developments. Without new technologies, there would have not been anything known as Blockchain and cryptocurrency.

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Elon Musk, CEO of Tesla Inc. and active entrepreneur in the field technology, said on Tuesday, February 19, 2019, on the advisory firm’s ARK investment podcast that the Bitcoin cryptocurrency (BTC) is quite amazing, and that compared with paper money, cryptocurrencies are a better way of transferring value.

 

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Central Bank of South Korea which announced it would not introduce its own cryptocurrency last week, has recently warned about national or central bank-issued digital currencies. This report was first published on February 7 in Yonhap News Agency, a local news outlet.

 

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