Search Results for: Ethereum
Cryptocurrencies are set to go mainstream in Malaysia
November 29th, 2018
Bank Negara Malaysia, the Central Bank of Malaysia, moves to regulate the world of digital monies in the country from next year onwards. The move is expected to instill some public confidence in the viability of these tokens, and ...
Bitcoin extends falls
November 26th, 2018
Bitcoin extended its falls on Monday to $3,843, down more than five percent from the day’s highs on renewed selling in cryptocurrencies. Other cryptocurrencies also fell sharply, with Ethereum’s ether down 1.6 percent and Ripple’s XRP down a similar ...
Founder of digital “token” trading platform settled charges
November 9th, 2018
The Securities and Exchange Commission (SEC) announced settled charges against Zachary Coburn, the founder of EtherDelta, a digital “token” trading platform. This is the SEC’s first enforcement action based on findings that such a platform operated as an unregistered ...
Mining bitcoin uses more energy than what’s needed to excavate gold, platinum or copper: study
November 8th, 2018
Extracting a dollar’s worth of cryptocurrency such as bitcoin from the deep Web consumes three times more energy than digging up a dollar’s worth of gold, according to researchers. There are now hundreds of virtual currencies and an unknown ...
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 ...
3 things you need to look for about cryptocurrencies
October 25th, 2018
Cryptocurrencies are digital tokens you can buy through an online exchange or through Initial Coin Offers (ICOs). Many online exchanges are unregulated, so it’s important to understand the risks before you invest. What are cryptocurrencies? Cryptocurrencies use encryption technology ...
Bitcoin price down despite sudden huge price surge
October 18th, 2018
Bitcoin’s (BTC) price is down 0.65 percent today as the leading cryptocurrency’s market capitalisation oscillated from highs of $114.4billion (£87million) to lows of $112.8billion (£99million) over the past 24 hours of trading. It has been a relatively soft few ...
Crypto market added $34 billion to its valuation; Bitcoin has retraced slightly
September 25th, 2018
Since September 18, within six days, the crypto market added $34 billion to its valuation. After a massive short-term rally, Bitcoin has retraced slightly, leading other major cryptocurrencies to fall by 3 to 5 percent. While Bitcoin recorded a ...
Cryptocurrency ether plunges again, decoupling from bitcoin
September 13th, 2018
Ether, one of the best-performing cryptocurrencies during the boom last year, is taking another nose dive on Wednesday. The world’s second largest cryptocurrency fell 8 percent to a low of $170.34, bringing its drop since the high in January ...
Bitcoin crash: This man lost his savings when cryptocurrencies plunged
September 12th, 2018
An estimated $400 billion has been wiped off the value of major cryptocurrencies since January. Sean Russell’s life savings were among them. Russell rarely played the stock market and had little investing experience when he put around $120,000 into ...