Search Results for: bitcoin exchanges
This country draws Japanese Bitcoin miners seeking profit
January 16th, 2019
A combination of cheap electricity and cold weather has started to draw a growing number of Japanese bitcoin miners to Mongolia, a country sandwiched between China to the south and Russia to the north. Amid falling mining revenues in ...
Crypto market begins to fall rapidly again; Bitcoin below $3,500
January 14th, 2019
Bitcoin fell below $3,500 as $5 billion was wiped out of the crypto market, and major digital assets like Ethereum recorded a six percent drop against the U.S. dollar. The 4.8 percent drop in the combined valuation of all ...
Cryptocurrencies dropped on Thursday; Bitcoin gave up the $4,000 level
January 10th, 2019
Cryptocurrencies dropped on Thursday as Bitcoin gave up the $4,000 level it’s hovered around since the start of the year. The largest digital currency slumped as much as 6.2 percent in the European morning, erasing an earlier small gain ...
Chinese Survey: 40% want to invest in Bitcoin, 98% know of Crypto
January 2nd, 2019
According to a survey conducted by PANews, routed through Chinese crypto-friendly media outlet 8BTC, 98.22% of those surveyed had heard of cryptocurrency technology, whether it be Bitcoin (BTC), Ethereum (ETH), or otherwise. The survey had 4,980 respondents, 4,200 of ...
No end in sight for Crypto sell-off as Bitcoin approaches $4,000
November 21st, 2018
Turmoil engulfed cryptocurrency markets again on Tuesday, with every major coin extending a rout that’s rocked confidence in the nascent asset class just as U.S. regulators try to close in on alleged fraud. Bitcoin fell as much as 13 ...
Bitcoin turns 10 — how it went from an abstract idea to a $100 billion market in a decade
November 1st, 2018
Ten years ago, as Lehman Brothers was declaring bankruptcy and the global economy was lurching into recession, the idea for an alternative currency was being quietly built online. Bitcoin went from an anti-establishment fad on the internet to a ...
Canadian Bitcoin Exchange ‘Hacked,’ Says All Funds are Gone
October 29th, 2018
A small Bitcoin exchange based in Alberta, Canada, has gone offline. Before their Twitter page went offline, MapleChange had announced on Twitter that they “ no more funds to pay anyone back.” In the way of an explanation, the ...
Bitcoin scams on the rise; How and Indian cryptocurrency trader almost lost two BTC
October 24th, 2018
A cryptocurrency user from India has almost lost two Bitcoins on LocalBitcoins. The attacker reportedly used sophisticated methods such as SMS spoofing, evidence tampering, and downright lying to the admins of Localbitcoins to facilitate the crime. The recent banking ...
‘Wild West’ Bitcoin ‘should be regulated’
September 19th, 2018
Bitcoin and other digital currencies are a “Wild West industry” and need to be regulated to protect investors, a committee of MPs has urged. Problems include volatile prices, minimal consumer protection and risks of hacking and money-laundering, says the ...
The people who got burned by the Bitcoin boom
August 23rd, 2018
Pete Roberts of Nottingham, England, was one of the many risk-takers who threw their savings into cryptocurrencies when prices were going through the roof last winter. Now, eight months later, the US$23,000 ($34,638) he invested in several digital tokens ...
