ltc

How much computing power as well as money is required to carry out a 51% attack on a blockchain like that of Litecoin which uses PoW as its protocol? Blockchains using the PoW consent protocol (Proof of Work) use the computing power of machines to secure data and the network that hasRead More →

crypto

After the bear market of 2018, Bitcoin has performed well in the current year. Two Chinese Bitcoin mining giants, Bitmain & Canaan, want to capitalize by taking the companies to the public. The second quarter of 2019 officially marked the end of the “crypto winter,” and saw bitcoin rally byRead More →

crypto

Cryptocurrencies have perplexed Muslim scholars for several years now. Debates generally concerns its status as currency: Shari’ah principles forbid usury—lending money to make profits through interest—and prefer exchanges of goods to be backed by physical assets, like gold. But cryptocurrencies typically aren’t backed by physical assets, and people can make massive profitsRead More →

Non-custodial exchange Binance DEX is soon going to list five new fiat-pegged stablecoins from issuer TrustToken, which is backed by notable venture capital firm Andreessen Horowitz. Revealing the news exclusively to CBNN, TrustToken said Wednesday that the stablecoins – TrueUSD, TrueGBP, TrueAUD, TrueCAD, and TrueHKD – are launching on BinanceRead More →