Bitcoin and Crypto
Bitcoin and Crypto For many, ‘virtual’ currencies such as Bitcoin remain a mystery primarily associated with online criminals, despite no longer being far removed from the monetary system and transactions we’re used to. This article is intended to serve as a primer, rather than one of our more usual technical analyses: cryptocurrencies continue to play a key role in many areas of cyber-crime being used for everything from online marketplace transactions to ransomware demands. However, with a number of legitimate organizations ranging from the Bank of England to EY also taking an interest cryptocurrencies and the technologies behind them, it’s worth being informed. “a type of unregulated, digital money, which is issued and usually controlled by its developers, and used and accepted among the members of a specific virtual community” By this broad definition, a number of things qualify as virtual currencies: while some online games such as World of Warcraft forbid the exchange of the in