as declared in Pundi X to bring digital currencies to physical stores. Even as doubts linger over the legality of cryptocurrencies in India, cryptocurrency POS solutions provider Pundi X is betting big on India.
Pundi X has unveiled 3 types of POS devices which going to cater to different types of retailers in physical stores.
For retailers such as the farm market, where they don’t have much space to station their POS device, Pundi X has built a portable device — XPOS 2.
These POS devices help retailers transform crypto to fiat, crypto to crypto to fiat and fiat to crypto for transactions.
These devices going to be obtainable for distribution globally in 2018, Zac Cheah, CEO of Pundi X, said.
UK government has no current plans for deposit protections for consumers holding digital currencies
The Government has no current plans to introduce deposit guarantee protections for consumers holding digital currencies, said Stephen Barclay.
The latest questions on this topic concern any protections to be provided to those holding deposits in digital currencies.
In a written answer to a question from Chris Evans, Labour MP, Stephen Barclay explained that:“The Government has no current plans to introduce deposit guarantee protections for consumers holding digital currencies, however keeps all policy under review”.
He too said which the Britain Government doesn’t have any holdings of digital currencies.
The Britain Government has, however, committed to bringing digital currencies into the scope of anti-money laundering and counter terrorist financing (AML/CTF) regulation.
Criminal world dropping bitcoin for other less-traceable digital currencies
As it stated in Bitcoin is losing its lustre with some of its earliest and generality avid fans — criminals — giving hight to a new breed of virtual currency.
Privacy coins such as monero, designed to avoid tracking, have climbed faster over the past 2 months as law enforcers adopt software tools to screen people Utilizing bitcoin.
On Dec. 18, hackers attacked up to 190,000 WordPress sites per hour to get them to Production monero, according to safety firm Wordfence.
Called blockchain, the digital ledger meticulously records that addresses send and receive transactions, including the exact time and amount — great information to Utilize as evidence.
Its major competitor, Zcash — that isn’t known to have a significant criminal following — could offer even best privacy protection.
North Korean hackers seen hijacking computers to mine digital currencies as sanctions kick in
North Korean hackers are hijacking computers to mine cryptocurrencies as the regime in Pyongyang widens its hunt for cash under tougher international sanctions.
North Korea is accelerating its pursuit of cash abroad as the world tightens its stranglehold on its conventional sources of money with sanctions cutting oil supplies and other trade bans.
South Korean Researchers are looking at NK between their suspects.
The unite states has too blamed NK recently for the WannaCry ransomware attack which affected hundreds of thousands of computers globally in 2017.
The majority of attacks from North Korean hackers in the past year have focused on financial earn rather than government secrets, according to researchers dealing with them.
collected by :John Locas