The blockchain is seen by some people as a revolutionary or disruptive development in the field of financial technology today. For some people in this industry, these digital ledgers are viewed as a gateway or foundation to more innovations in the field. While the consensus is still out on what this recordkeeping system means in the world of Fintech, there is no denying that it helped in the rise of Bitcoin and other cryptocurrencies by providing a tamper-free and safe environment for viewing and tracking transactions. This type of technology is certainly a far cry from your average neighborhood bookkeeper or accountant. The question is, how does blockchain factor in our existing laws and affect liability in general?
Continue reading “Blockchain: How it Affects Legal Liability”
Tag: Bitcoin
Everything you need to know about CoinHive
Past few weekend, some of the most popular websites were detected to be operating a script that lets the sites to mine users extra CPU power for the cryptocurrency, as denoted out by users on Twitter. The distressed websites incorporated was showtimeanytime.com, but it has been removed following reports from Gizmodo and other web portals. The crypto mining .js file is called CoinHive, and according to the site, it was made as an option to banner ads as a different way for website owners to get throughout disturbing ad-blockers. Some ad-blockers have now added coin-hive.com on the record of the banned.
Continue reading “Everything you need to know about CoinHive”