View: 411
Want create site? Find Free WordPress Themes and plugins.

Bitcoin wallets or digital wallets are the wallets that require a web browser in order to run, just like websites out there. It’s safe to say that they are pretty much similar to a website.

Surprisingly, the web wallet options are thin compared to the iPhone or Android options.

Right now, there are two Bitcoin wallets worth using. The most reliable online bitcoin wallet is Green Address.

GreenAddress:

To get a Bitcoin wallet that provided protection against cyber-attacks, GreenAddress is the way to go. GreenAddress takes cyber-attacks seriously and provides your coins protection against these attacks.

GreenAddress is a “multi-signature” Bitcoin online wallet. This implies GreenAddress shares control of your Bitcoin with you. While other online wallets are prone to cyber-attacks, GreenAddress gives genuine two-factor validation keeping your coins protected in your wallet.

Spectro Coin:

SpectroCoin is London-based bitcoin wallet, exchange, debit card and merchant solution provider. It serves customers in more than 150+ nations. Right now, it encourages more than 20 types of deposits and withdrawals including bank exchanges, credit/debit cards, and cash deposits to name a few. It also gives bitcoin wallet addresses to iOS, Android and Windows Phone users.

These two are the safest online bitcoin wallets. Although these wallets provide all sorts of security, the ultimate protection comes down to the wallet owner. The best wallet security is the protection of its private key. As long as the key is unshared, chances of your coins getting stolen are very slim.

Did you find apk for android? You can find new Free Android Games and apps.

Leave a Reply

Type Comments Here

Your email address will not be published.

9 − four =

Share Your Toughts

View: 476

EU Officials Declare “No Legal Ban for Bitcoin Mining”

Want create site? Find Free WordPress Themes and plugins.

European Commissioner, Mariya Gabriel, has confirmed that European Commission is going to pay attention to the growing electricity consumption in the European Union, for the cryptocurrency mining, as she supervises and manages digital economy and the social order. A notice was posted on the European Parliament website and according to that notice, this issue was addressed by Gabriel in response to a question that was presented in the parliament.

Cryptocurrency mining

The Issue of Power Consumption

Gabriel mentioned, that the Commission is well-aware of the issues like growing electricity consumption for cryptocurrencies and blockchain technology. This issue is going to be perilous, especially for bitcoin, as the cryptocurrency mining is intense in China. Whereas, according to some estimates, two-third of entire mining takes place in China, and some of the mining is done in other places.

The statement also noted that no legal basis is there to avert or limit energy consumed inside the EU at this time. However, specifying that electrical consumption is an economic movement, it is an issue for EU regulations that also apply to energy proficiency, greenhouse gas emissions and the power sector. The cryptocurrency mining business model is based on providing a high assessment of cryptocurrencies. The growing electricity consumption and the price, both are expected to alter the demand and worth for cryptocurrencies.

Mining Isn’t Illegal

The Commission didn’t invoke in any way to follow the cryptocurrency mining since, it’s not an illegitimate activity. Though, the activity will be reviewed by the Commission as it has an impact on the demand for energy. Gabriel further stated that it’s always essential to keep this thing in your mind that many auspicious applications of blockchain technology usually don’t have an extreme need for processing power.

 

Christine Lagarde, Managing Director at International Monetary Fund, told in January that bitcoin mining is way too much energy intensive. It’s been warned by many environmentalists’ and analysts that the world is already battling with the climate change and that’s why industry’s power usage has turned in to such a huge concern.

EU Plans to Establish Blockchain

Last year, few plans were announced by the European Commission to launch an EU Blockchain Observatory as a response to a mandate of European Parliament for strengthening technical proficiency and governing bulk. In this project, an observatory and a forum will be included to collect the information from the blockchain technology and distributed ledger technology. Their main aim is to launch an EU expertise source for progressive blockchain subjects. The other goal is to contribute the EC for boosting the creation of technologies like these and to advance policy endorsements.

Did you find apk for android? You can find new Free Android Games and apps.
View: 418

The Avant-garde Bitcoin Desk in Wall Street- Goldman Sachs

Want create site? Find Free WordPress Themes and plugins.

Due to extreme volatility and back and forth fluctuations of Bitcoin noticed previously, the most talked about the argument is that if Bitcoins and its peers are overruled or still intact. Financial institutions and similar authorities have managed to maintain a safe distance from this digital currency market during the whole stretch. Embracing all the risks and jeopardies, Goldman Sachs has risen with the plan of establishing the first Bitcoin trading desk in the Wall Street.

crypto investor

But what resulted in the giant wall street titan like Goldman to dip toes in the crypto world? According to a Goldman executive, this step was taken keeping in regard a lot of queries and requests by the clients and also crypto investors. A good number of people showed their interest and curiosity in holding Goldman Sachs Bitcoin as their alternative asset.

The First desk

Goldman has hired Justin Schmidt as their first digital asset trader to grip the daily operation. Having a former experience with a hedge fund, Schmidt is determined to navigate the client’s interest in exchange and transaction of the Bitcoin. With an extensive past experience and knowledge, Justin Schmidt has joined one of the most vaunted banks as a vice president and head of Digital Asset Market in the institution’s Securities division.

Being the first major U.S bank to take such initiative, holding the reputation for always staying ahead of its peers, the institution is dedicated to measuring possibilities and options to entertain their clients play with digital crypto if they wish to.

The Breakdown of The Protocol

The facilitation and assistant Goldman is giving to the crypto world will definitely raise institutional transaction and trading of Bitcoin. Raising these legitimacy bars, the cryptocurrencies are beginning to rise up to the ‘seen’ surface levels.

Though following by many significant absurd comments, Goldman is very hopeful and certain about its position. Goldman concludes that they don’t think Bitcoin is a fraud and they honor their client’s interest to hold Bitcoin as a valuable commodity. After receiving inquiries from hedge funds and clients who received the donations in the form of these digital currencies and weren’t aware how to deal with it.

Being extremely volatile and unpredictable, a great deal of uncertainty comes readily with this currency. After a massive hit seen by the start of the year, the prices of Bitcoin have recovered certainly. being fully aware of the risks and certainties of the nature of the initiative, Goldman claims to be knowing what they are getting into.

Insight

Goldman Sachs Bitcoin trading will not be initiated right away. To entertain and engage crypto investors, they have planned on trading Bitcoin Futures using their own money on the clients’ behalf at start. Running the trade via its New York desk, they are expected to launch its own version of futures too. So, it will not be an actual trading of the crypto, just the trade of non-deliverable forward futures. These trades will further be settled in regulated fiat currency it was quoted in.

The follow-up

Following the footsteps of Goldman Sachs Bitcoin as the first regulated financial institution to propose such a service, it is expected other banks in line to follow the same lead. But the biggest name ruling out the scenario is the British multinational investment bank, Barclays. According to the presenters, they think this crypto world to be fraud, infectious and delusional. But the key point is a market grown as big as this one, for how long you can ignore it. This initiative by Goldman Sachs shows how far this crypto market has traveled and come under limelight to be considered worthy in the eyes of these wall street titans.

But it is highly hoped, this initiative is not just stopping right here. After reaching its peak by the end of last year and its recession by the start of this year, the hopes with this digital currency has risen. Despite a downfall by 48%, the volatility of this currency is expected to be increased during time due to the more people entering down the pool of this crypto world. It is expected to cross by $50,000 by this year. There are more and more acceptance and support expected in the following next five years in regard to this cryptocurrency.

Despite the firm faced criticism, Goldman Sachs has proven itself as the utmost technologically sophisticated institution on wall street.

Did you find apk for android? You can find new Free Android Games and apps.
View: 402

Robinhood Launches Free Cryptocurrency Trading App in Colorado

Want create site? Find Free WordPress Themes and plugins.

Zero-commission startup exchange, Robinhood has announced its expansion in Colorado through social media giant, Twitter. According to Robinhood, the trading platform is going to provide a commission-free trading for top-cryptocurrencies in the western state, i.e. Bitcoin and Ethereum.

ethereum trading app

Colorado is best known for its blockchain-friendly legislation and ‘rocky mountain peaks’ has joined with few states, including;

  • California
  • Massachusetts
  • Missouri
  • Montana

Response from Twitter Followers

After this announcement on Twitter, a flurry of responses started out, as many requested the trading platform to add Litecoin and plead to expand into other states as well, like; Florida and Texas. According to Robinhood, you can expand the list by asking your friends to join the exchange as well. However, some twitter followers in the states say – where Robinhood cryptocurrency has rolled out, that they are stuck on a waiting list.

Zero-fee Exchange

Zero-fee exchange gains depend on the footholds in the US. If we talk about New York, the Attorney General of New York, Eric Schneiderman is in a bid for better transparency and has contracted with over dozen crypto exchanges with information requests. The expansion was quite enough to send the leading cryptocurrencies’ prices decline a little bit, however, they rallied later.

Gemini, which is a digital assets exchange and is run by the Winklevoss twins, is also ready to comply. However, others find the request quite insolent. Winklevoss twins (Cameron and Tyler Winklevoss) are leading a self-regulatory group as well for better practices in the crypto industry.

 

Robinhood didn’t specify whether it is going to support altcoins beyond Bitcoin and Ethereum but it does propose a market data for numerous altcoins. As the exchange is quite famous amid millennials, it is estimated to have the worth of almost $5.6 billion instantly from its latest. Although Robinhood is introducing a zero-fee crypto trading, it provides a premium account under the name Robinhood Gold as well.

Did you find apk for android? You can find new Free Android Games and apps.
View: 405

Alibaba sues “Alibabacoin” For Trademark Violation

Want create site? Find Free WordPress Themes and plugins.

Recently the well known Chinese e-commerce platform Alibaba has sued a Dubai-based ICO for copyright infringement. The dubai ico was functioning by the name of Alibabacoin Foundation and had initially raised $3.5 mln qaccording a Reuters report. The firm was involved in continuous misleading behavior related to Alibaba’s company name. Alibaba clarified that there was no relationship between them and the Alibabacoin Foundation. Furthermore Alibaba also made clear that it had no future intentions to enter the cryptocurrency business.

ico fraud

It was being reported that the Alibabacoin Foundation was aiming to create its own  e-commerce platform by making use of cryptocurrency Alibabacoin which was also generated by the foundation. It introduced itself as a digitally optimized firm which was going to use blockchain technology for various departments such as finance, shopping, security and marketing etc. The firm succeed in generating a handsome amount until it was declared as an ico fraud and a lawsuit was filed against it by Alibaba whose trade name was unlawfully being used by it.

Clarification by Alibaba

Though it was made clear by Alibaba that they had no intention of entering the cryptocurrency business but it should be remembered that it is not the first time that Alibaba has been a part of such rumors regarding its involvement in the crypto industry. It had to eliminate rumours early this year regarding its venture into the cryptocurrency mining industry with the help of its newly developed P2P platform. Alongwith dispelling that rumour the company also announced that Alibaba Cloud had never issued a single fraction of any digital currency from its platform neither it had any intentions to do so in the future.

 

According to a report published last year CEO of Alibaba Jack Ma exclaimed that he had no interest in bitcoin but blockchain technology, which he described as a powerful tool of future technology.

Aftermaths of the Law Suit

After initial hearing the judge issued a short term restrain order against the Alibabacoin Foundation, the lawsuit also circles threefold damages for violations of US and New York law. Further development in the case will be reported after the show cause hearing which will take place on April 11, 2018.

 

However the Alibabacoin Foundation did not pass any comment in this regard. Also, despite the orders issued by the court the company has showed no intentions to roll back its initial coin offering or other related activities.

Did you find apk for android? You can find new Free Android Games and apps.
View: 410

How To Buy Bitcoins – A Bitcoin Buying Guide For Beginners

Want create site? Find Free WordPress Themes and plugins.

How To Buy Bitcoins

Buying Bitcoin is extremely simple. All you need to have is a Bitcoin wallet because, Without it, you can’t buy the coins. The goal of this post is to provide you the complete idea about how to buy bitcoins straightaway.

How To Buy Bitcoins:

There are countless Bitcoin sellers, exchanges and wallet servers. The number is so high, it makes the process of choosing a reliable and reputed service quite overwhelming and daunting for the newbies.

Users are required to provide identity verification in order to buy bitcoins. Once the information is verified, your account is activated and you will be able to buy bitcoins without any legal obligations.

Buying Bitcoins with PayPal:

Although the site has banned its merchants from accepting bitcoin payments, there is still a way to buy Bitcoin through PayPal. It’s called “Local Bitcoins”.

The service facilitates the trading of Bitcoin through PayPal ads. What happens here is that the user posts an ad stating exchange rates and method of payment for trading bitcoins.

The interested users respond to the ad and discuss terms. Once everything is finalized, the transaction takes place between the two parties.

The payment methods for Local Bitcoins include:

  • Bank transfers
  • PayPal
  • Gift cards
  • Cash

Local Bitcoin is considered to be the safest way to exchange Bitcoin with PayPal. In addition to the user safety, it offers escrow service to make sure the transaction takes place in a safe environment.

Buying Bitcoins Through Coinbase:

Coinbase is the largest and most renowned bitcoin broker in the world with presence in over 30 major countries. In order to buy Bitcoin from Coinbase, you will need to provide your identity and bank card as a proof.

Coinbase users are categorized into two levels: level 1 and 2.

  • Level 1 users: Also known as fully verified users can buy up to $1,000 worth of bitcoin per week.
  • Level 2 users can only buy up to $100 worth of bitcoin per week.

The transaction fee of Coinsbase is 3.99%; which is pretty low compared to other exchanges.

Buying Coins Through CoinMama:

CoinMama specializes in helping users to buy large quantities of coins through debit/credit card. The CoinMama users can buy up to $5,000 worth of bitcoins per week and up to $20k per month.

The transaction fee of coin mama is 5%; which is slightly higher than Coinbase. This service is best for users who like to buy a lot of bitcoins with credit card/debit card.

BitPanda:

BitPanda is an Austrian bitcoin broker and is well known across Europe. It accepts payments through both credit and debit card and provides instant bitcoins. The transaction fees are around 3-4%. However, the exact number is only disclosed to their registered users.

The Final Word:

These are some different techniques to buy instant bitcoins. All are pretty safe and involve no danger. However, when dealing through “Local Bitcoins”, make sure to arrange a meet up at a public place and bring a close friend or family member in the event things go south.

Did you find apk for android? You can find new Free Android Games and apps.