Cryptocurrency is to use cryptography to secure the transactions and to control the creation of new units. Bitcoin became the first decentralized cryptocurrency in 2009. The price has gone up from $970 to $19,661 within a year in 2017. Coinbase is a secure online platform for buying, selling, transferring, and storing digital currency. Coinbase has been accused of insider trading and suspended trading just four minutes after it began to trade at a very high price.
Blockchain technology has attracted attention as the basis of cryptocurrencies such as Bitcoin. It is known as distributed ledger technology that is expected to revolutionize industry and commerce. It redefines trust and enable secure, fast, trustworthy, and transparent solutions. As a result the Blockchain technology has widely uses in cybersecurity.
