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44% of world’s Bitcoin transactions involve illegal activities: Australian study

A recent Australian study revealed that 44% of the world’s bitcoin transactions are used in illegal activities, stating that one out of four transactions involve suspicious activity. This research was conducted by Sean Foley of the University of Sydney, Jonathan R. Karlsen of the University of Technology Sydney, and Talis J. Putnins of the Stockholm …

Nihal Samir

Bitcoin controversy continues as Grand Mufti bans the cryptocurrency

Bitcoin, the world’s largest cryptocurrency, was valued at around $13,833 on Tuesday, after losing about 28% of its value. The world’s most active cryptocurrency spiked above $19,000 in December for the first time ever. The market capitalisation of Bitcoin alone is currently more than $232bn. On Monday, Egypt’s Grand Mufti Shawki Allam issued a statement …

Mohamed Samir

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