0xbt

Lately, several people are using cryptocurrency for different purposes which include online shopping, financial transactions, and many others. A cryptocurrency can be defined as a virtual currency that is generally used as a medium of exchange. Cryptocurrency does not enjoy the same kind of stability when it is compared to other physical currencies. Cryptocurrencies are cryptocurrency gains taxable limited entries in the database which cannot be altered unless specific conditions are fulfilled. It is not issued by any central bank, or under government regulation.

The founders of Dogewallet, a storage system for the Bitcoin alternative Dogecoin, have confirmed a hack that may have cost owners of the currency over $12,000. In separate posts on Reddit's Dogecoin page and the dogewallet.com front page, the founders explained the issue. Reports of the hack first began gathering pace at the Dogecoin forum, where users reported their funds were being sent to a wallet without their authorization.

In this article, you will find a brief comparison between the Litecoin and Ripple so that you can easily decide which one could be a better investment. Blockchain technology has been growing at greater pace since the Bitcoin was introduced in the market. The two coins have been quite successful over the years and are considered as among the top ten cryptocurrencies in relation to the market capitalization. Two popular cryptocurrencies are Litecoin (LTC) and Ripple (XRP). Almost every day new coins are coming up.

It's a totally new way of thinking about transactions. It keeps records that are decentralized and keeps users semi-anonymous while making their transactions publi PayPal's senior director of corporate strategy, Scott Ellison, told CNNMoney the company is most intrigued by the potential to harness the technology that lies at the heart of the Bitcoin system, a public ledger called a blockchain.

So, it sounds odd to have Bitcoin processors. Bitcoin is an Internet-based system of money specifically designed to cut out middlemen, like banks and governments. But they make it easier for everyday, non-tech-savvy businesses to accept bitcoins -- and immediately convert them to cas

It appears the hack didn't target individual accounts, but rather the official Dogewallet page, which was modified to ensure that all transactions were sent to a single account, rather than their intended recipients. "The attack originated from the hacker gaining access to our filesystem and modifying the send/receive page to send to a static address," the Dogecoin Reddit account explained in a post on the site, "we're currently reviewing logs for information. The site is shut down right now."

Dogecoin is a very new digital currency. Dogewallet's founders say those accounts affected will be compensated, and asks owners to contact them in a private message