Tag: currency
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Interpol Creates Digital Currency to Study Crypto Crime
Interpol’s cybercrime research facility, the Global Complex for Innovation (IGCI), has created its own digital currency in a bid to combat cryptocurrency-fuelled crime. The IGCI team, which includes members from Singapore’s police force, will use its in-house virtual currency to study scenarios of cryptocurrency use and misuse in a specially designed simulation training game. (Via CoinDesk)
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First Licensed Digital Currency Broker-Dealer
The former bitcoin trading division of SecondMarket, has relaunched under the new name Genesis Trading in bid to become “the partner of choice for large institutional buyers and sellers” in digital currency trading, while creating an identity of its own from this specification. Genesis Trading, which claims to be the first fully licensed digital currency-centric…
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Bitcoin and the competition
Photo: Thomas Trutschel/Photothek via Getty Images Bitcoin is the digital currency exchanged online that has taken a bad rap. News abound of the currency being used for nefarious ends, such as drug running, illegal gun sales, human smuggling and terrorist activities. In the past couple of years, the value of the currency has been on…
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Why you need to love Blockchain and Bitcoin
Most people following developments in Bitcoin are familiar with the often repeated mantra proclaiming that blockchain is an innovative technological breakthrough. The blockchain is a peer-to-peer public ledger maintained by a distributed network of computers. There is no central authority, and no need a trusted third party to process and verify transactions. Eliminating the need…
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IDEO visualizes Bitcoin
In an attempt to understand Bitcoin, IDEO has created a website that visualizes the transactions in real time as they appear on the network and get confirmed. On average, every 10 minutes new interactions are confirmed and get packaged into a block. They are now a permanent part of the growing list of transactions, called…
Richelle Sibolboro 