Coinsecure Partners with OKLink to Bring Blockchain Technology Based Remittances to India – The Basics about Cryptocurrency

September 21, 2016, Delhi, India – Coinsecure, the Indian Bitcoin company announces a new partnership with OKLink to offer blockchain technology powered remittance services in India. The newly launched OKLink is part of OKCoin’s initiative to provide digital assets and blockchain based global transaction settlement system. With India being the largest inward remittance receiving country in the world, …

Microsoft Launches Smart Contracts Security Working Group – The Basics about Cryptocurrency

Microsoft has revealed it is organizing a working group dedicated to improving smart contracts security. Named ‘Kinakuta’, the group aims to make it easier for the industry to share information and tips about smart contracts, the term that somewhat loosely has come to refer to self-executing blockchain-based code. Yet even while incumbents increasingly express interest in the …

Bitcoin price analysis Archives – The Basics about Cryptocurrency

Key Points Bitcoin price blasted higher recently against the US Dollar, but traded right at a major resistance area. There is a crucial connecting resistance trend line formed on the 4-hours chart (data feed from SimpleFX) of BTC/USD, which acted as a barrier or the buyers. The price is currently showing a lot of positive …

Scaling Bitcoin Conference: On the Scalability of Non-Currency Applications – The Basics about Cryptocurrency

The Scaling Bitcoin workshop held in Montreal, Canada from September 12-13 aimed to discuss several issues currently affecting the industry. One of the biggest topics on the table was that of the block size limit, which could be addressed through scalability. Among the presentations made during the bitcoin conference was on the scalability of non-currency …

Russia’s Bitcoin Ban Proposal Likely to Enter Duma before August – The Basics about Cryptocurrency

The Russian Finance Ministry has long taken a determined hardline stance against bitcoin and other digital currencies, deemed by the regulator as ‘surrogates’ of the ruble. The Deputy Minister of Finance in Russia hopes that the draft law calling for the criminalization of bitcoin will be passed to the State Duma – the lower chamber …