AFTER THE BANKRUPTCY, WHAT HAPPENS WITH USERS’ BITCOIN?

The instability evidenced during this year 2022 by cryptocurrencies has led many companies dedicated to crypto loans and others dedicated to this sector to freeze their operations, and some even declare bankruptcy. This business scenario did not contribute anything to the situation that cryptocurrencies had been going through; on the contrary, it generated more complications…

Is Crypto-Currency Illegal? Why Or Why Not?

Cryptocurrency is still a very new technology, and its legality is still being debated. If you are finding a way to mine Bitcoin, then use the most reliable and ideal trading platforms. Some countries have made the use of virtual currency illegal, while others have not yet issued a formal ruling on crypto-currency.  Cryptocurrency is…

Should The Government Classify Bitcoin as A Legal Currency?

In November 2018, the U.S. government proposed a new bill that would classify virtual currency as a commodity, not an investment, for tax purposes. This is significant because it would help determine how to regulate cryptocurrencies and what investors stand to gain or lose when participating in digital currency platforms. In terms of law, there…

How Often Do Blocks Get Added to The Bitcoin Blockchain?

The Bitcoin network automatically adjusts how difficult it is to find new blocks by increasing or decreasing the difficulty every 2,016 blocks for roughly two weeks. This ensures that there is 14 days’ worth of transaction data across the network before any given 2016-block period starts earning miners their first reward for creating new blocks….

How Is Ownership of Bitcoins Verified?

People trying to hide from the law can use bitcoins because law enforcement agencies cannot track down individuals using this particular cryptocurrency. Verifying ownership of bitcoins uses a combination of public and private keys. Public keys are used to verify that you own the bitcoins in an address, and private keys are required to authorize…

Can I watch the Champions League for free?

The UEFA Champions League is widely considered to be the highest form of European club football, and in 2022 it will be returning for its 67th season. The tournament brings together the continent’s elite teams, including Manchester United, Barcelona, Real Madrid, Bayern Munich, Liverpool, and Juventus. So how can you watch it? Or watch on…