Cameron and Tyler Winklevoss, Bitcoin Investors and Founders of Gemini Exchange have been ordered by U.S. District Court of the Southern District of New York to pay back $45,000 in legal fees incurred by entrepreneur Charlie Shrem. The twins had previously an invested in Shrem’s first startup BitInstant, an early crypto-exchange which was closed in 2013.
The post Winklevoss Bros Ordered To to Pay Back $45K Legal Fee appeared first on Incrypts.
A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.
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