Sithum Chathumina
Bio
I am an experienced cryptocurrency trader and I am an expert in trading
Stories (230/0)
Why unregulated cryptocurrencies could trigger another financial crisis
The cost of bitcoin hit $17,000 toward the end of last year and - albeit the digital currency has plunged from that point forward - there are signs that a shortfall of guidelines can hurt financial backers and trigger the following monetary emergency.
By Sithum Chathuminaabout a year ago in The Chain
The future of blockchain according to experts in the energy sector
Blockchain innovation is a decentralized computerized record that keeps public however encoded records of distributed exchanges. All individuals from a blockchain organization can confirm regardless of whether an exchange happened, delivering clearinghouses or different delegates out of date. The innovation initially filled in as the foundation of bitcoin, the notable digital currency, and later advanced toward different businesses. In France, blockchain addresses a lively industry as the country explores the way for innovation with the expectation of turning into a blockchain center point in the European Association. The French clergyman of money, Bruno Le Maire, trusts that:
By Sithum Chathuminaabout a year ago in The Chain
Regulations needed after cryptocurrency CEO takes passwords to his grave
A high-stakes lawful show including digital currencies has been unfurling in a Canadian court as of late. The tricks that prompted the case nearly resist credulity, and they feature the requirement for new guidelines to all the more likely suit a monetary commercial center that incorporates virtual monetary forms.
By Sithum Chathuminaabout a year ago in The Chain
Why accountants of the future will need to speak blockchain and cryptocurrency if they want your money
In the event that you haven't proactively known about Bitcoin, you either haven't been focusing or you're a person who jumps through time and just landed in 2018. At this point, the vast majority of us will have known about Bitcoin and a few of us have even gotten on board with that fleeting trend, putting resources into cryptographic forms of money.
By Sithum Chathuminaabout a year ago in The Chain
Why accountants of the future will need to speak blockchain and cryptocurrency if they want your money
In the event that you haven't proactively known about Bitcoin, you either haven't been focusing or you're a person who jumps through time and just landed in 2018. At this point, the vast majority of us will have known about Bitcoin and a few of us have even gotten on board with that fleeting trend, putting resources into cryptographic forms of money.
By Sithum Chathuminaabout a year ago in The Chain
The last thing the Marshall Islands need is a cryptocurrency
The Micronesian Republic of the Marshall Islands is set to turn into the principal country to put together its public money with respect to digital currency. The Israeli organization Neema will give the innovation and backing to send off an underlying coin offering (ICO) that is supposed to raise $30 million, a big part of which Neema will keep.
By Sithum Chathuminaabout a year ago in The Chain
How cryptocurrency scams work
A huge number of digital currency financial backers have been misled out of enormous amounts of genuine cash. In 2018, misfortunes from digital money-related wrongdoings added up to US$1.7 billion. The hoodlums utilize both outdated and new-innovation strategies to cheat their imprints in plans in view of computerized monetary forms traded through web-based data sets called blockchains.
By Sithum Chathuminaabout a year ago in The Chain
Facebook’s cryptocurrency a financial expert breaks it down
Facebook is purportedly getting ready to send off its own adaptation of Bitcoin, for use in its informing applications, WhatsApp, Courier, and Instagram. Could this "Facecoin" be the hotly anticipated leap forward by a worldwide innovation monster into the worthwhile market for retail monetary administrations? Or on the other hand, will it be one more misrepresented "crypto" project, becoming involved with the proceeding with fervor about decentralized distributed trade at the same time, eventually, not conveying definitely? The truth will come out at some point, yet my twenty years of examination into the financial aspects of installments make me wary.
By Sithum Chathuminaabout a year ago in The Chain
Central-bank digital currencies toward a cashless society
While private computerized monetary standards, for example, the bitcoin are in the news every day, nations including China and Sweden are concentrating on the production of another type of cash - a national bank computerized money (CBDC). The goal is to supplement (or kill out and out) banknotes and coins. However, CBDCs risk reforming both how cash is made and appropriated and the current two-level monetary arrangement of focal and business banks.
By Sithum Chathuminaabout a year ago in The Chain
Bitcoin rich kids in Puerto Rico crypto utopia or crypto-colonialism
Digital money business people have moved to Puerto Rico to fabricate a crypto-perfect world - at first named Puertopia however presently named Sol - where they intend to cover minimal charges.
By Sithum Chathuminaabout a year ago in The Chain
What’s holding up the blockchain
It's not innovation or guideline keeping down the blockchain - programming that stores and moves worth or information across the web - we simply haven't sorted out the following enormous use case. Two reports delivered for the current week by the CSIRO's Data61 not just infuse some well-informed gravitas into the discussion yet additionally give knowledge into why a portion of the major blockchain projects has slowed down.
By Sithum Chathuminaabout a year ago in The Chain
