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Bitcoin is an experimental digital currency that allows instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority. Money transfers and the minting of new coins are carried out collectively by the network. The open source software that enables Bitcoin is released under the MIT license.
Click here for a concise explanation of how it works or here for a detailed technical description.
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Binance shores up compliance gaps in South Africa
25 Apr 2025 15:00 Binance said that users must now provide the details of senders and beneficiaries when depositing or withdrawing tokens amid rising regulatory scrutiny.
Silicon Valley’s dueling visions for AI The clash among Silicon Valley giants presents an opportunity for rapid AI development, but it also shows their influence in defining humanity's future.
Bitails stress tests BSV with 3B UTXOs—how robust is it? The tests, which began just over a week ago, are designed to validate upgrades to Bitails' infrastructure and codebase, as well as the BSV network.
Law enforcement moves to stamp out widespread crypto Ponzis Various financial crimes, from Ponzi schemes to romance scams, are proliferating in the 'crypto' space, prompting law enforcement to take action.
$198M Crypto Mirage? SEC Targets AI Trading Kingpin in Global Ponzi Uprising
Binance Publishes Listing Standards to Boost Trust and Transparency
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"The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer
it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts. Their massive overhead costs make micropayments impossible.
With e-currency based on cryptographic proof, without the need to trust a third party middleman, money can be secure and transactions effortless."
Satoshi Nakamoto |
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