Getting To Know The Bitcoin Currency
Bitcoin as a currency is not a new concept. This is a tool that has been in use since the invention of paper. In fact, it can be credited with creating the first completely decentralized online transaction. When you hear about people making transacti.....»»
$130 Billion Wiped Off Crypto Markets in 24 Hours
The cryptocurrency market had around $130 billion wiped off its value over the last 24 hours as major digital coins continued their multi-day sell-off. From a report: Bitcoin was last down around 4% at $33,755.57, according to Coin Metrics, while Eth.....»»
Bitcoin drops to six-month low as investors dump speculative assets
Cryptocurrencies tumble in wake of global stock sell-off, proposed Russian crypto ban. Enlarge (credit: Chris Ratcliffe/Bloomberg via Getty Images) Bitcoin dropped to a six-month low on Saturday, extending a steep fall recorde.....»»
El Salvador"s Government Buys More Bitcoin as Its Price Drops to $35,149
As the price of bitcoin drops to $35,149, "The entire country of El Salvador is riding the cryptocurrency wave," reports The Street, "even in its choppiest waters." The first country in the world to adopt bitcoin as legal tender, the Central America.....»»
Bitcoin Extends Slide, Has Fallen More Than 50% From Record High
Bitcoin, the largest digital asset, extended its decline Saturday, and has now shed more than 50% from its record high in November.Bitcoin’s decline since hitting the record has wiped out more than $600 billion in market value, and over $1 tr.....»»
New York City"s mayor really wants you to think he"s getting paid in bitcoin
No, Eric Adams is not getting his salary in bitcoin.The newly inaugurated mayor of New York City raised eyebrows back in November when he promised to take his "first THREE paychecks in Bitcoin," and a Thursday press release titled "Mayor Adams to Rec.....»»
Cryptocurrencies Tumble As Global Investors Reduce Risk
New submitter NoMoreDupes shares a report from CoinDesk: The crypto market was in a sea of red on Friday as bitcoin, the world's largest cryptocurrency by market capitalization, tumbled more than 10% over the past 24 hours. It appears that global inv.....»»
Crypto.com exchange loses $34 million in BTC and ETH to hackers
Crypto.com has published a full security report on its website detailing exactly how much currency was lost as part of the hack. The company also briefly discussed how and when it first detected the hack and listed the steps it has taken and will be.....»»
Intel To Unveil "Ultra Low-Voltage Bitcoin Mining ASIC" In February
Intel, one of the world's largest chip makers, is likely to unveil a specialized crypto-mining chip at the International Solid-State Circuits Conference (ISSCC) in February, according to the conference's agenda (PDF). CoinDesk reports: One of Intel's.....»»
Intel may be working on specialized chip for mining Bitcoin
It appears that Intel may be venturing into cryptocurrency mining hardware. A new rumor shows that Intel may be working on a Bonanza Mine Bitcoin mining chip......»»
Intel To Unveil "Ultra Low-Voltage Bitcoin Mining ASIC" in February
Intel, one of the world's largest chipmakers, is likely to unveil a specialized crypto-mining chip at the International Solid-State Circuits Conference (ISSCC) in February, according to the conference's agenda. From a report: One of Intel's "Highligh.....»»
After Kosovo Suspends Cryptocurrency Mining, Miners Scramble to Sell Off Their Equipment
The Observer reports: For bitcoin enthusiasts in Kosovo with a breezy attitude to risk, it has been a good week to strike a deal on computer equipment that can create, or "mine", the cryptocurrency. From Facebook to Telegram, new posts in the region.....»»
North Korean hackers stole nearly $400 million in crypto last year
"Banner year” thanks to skyrocketing cryptocurrency values, vulnerable startups. Enlarge The past year saw a breathtaking rise in the value of cryptocurrencies like Bitcoin and Ethereum, with Bitcoin gaining 60 percent in.....»»
Block confirms plans to build an open Bitcoin mining system
Block has confirmed plans to move forward with the project. Thomas Templeton, Block’s general manager for hardware, reiterated the importance of making mining more distributed and efficient seeing as it goes far beyond the creation of new coins......»»
Jack Dorsey Announces Bitcoin Legal Defense Fund
Former Twitter CEO and Block founder Jack Dorsey has announced plans to create a "Bitcoin Legal Defense Fund" with Chaincode Labs co-founder Alex Morcos and Martin White, who appears to be an academic at the University of Sussex. CoinTelegraph report.....»»
Second Life Founder Returns To Revamp His Original Metaverse
An anonymous reader shares a report: The metaverse isn't a new concept. Not only did Neal Stephenson coin the idea in 1992, but some of us were literally living in virtual spaces with virtual currency and virtual storefronts nearly 20 years ago. The.....»»
Bitcoin Slips Under the $40,000 Mark
The value of bitcoin fell under the $40,000 mark in early morning trading today. From a report: The popular cryptocurrency sold off sharply this morning, while rival tokens like ether also lost value. Currently worth $39,831 per coin, bitcoin is off.....»»
CES 2022: KyrptoGO building zero trust network for virtual currency industry
Virtual currency has been a topic of interest in the financial technology (FinTech) world. Since the industry is still in its embryonic stage, there is a lot of space for improvement when it comes to transaction monitoring mechanisms. KryptoGO, a reg.....»»
Kazakhstan Internet Shutdown Deals Blow To Global Bitcoin Mining Operation
The global computing power of the bitcoin network has dropped sharply as the shutdown this week of Kazakhstan's internet during a deadly uprising hit the country's fast-growing cryptocurrency mining industry. From a report: Kazakhstan became last yea.....»»
UK Police Forces Have Seized More Than $400 Million in Bitcoin
MattSparkes writes: UK police forces have seized more than 300 million pound ($405 million) worth Bitcoin and other cryptocurrencies, reveals a New Scientist story based on Freedom of Information requests. The individual police forces seized the fund.....»»
Mexico"s Central Bank Will Launch Digital Currency by 2024
Mexico's central bank will have its own digital currency in circulation by 2024 as part of efforts to boost financial inclusion. From a report: "These new technologies and next-generation payment infrastructure are extremely important," the federal g.....»»