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.....»»
Elon Musk reveals who bitcoin"s creator Satoshi Nakamoto might be
Musk.MARK RALSTON/AFP via Getty ImagesElon Musk seems to agree with many that hyper-secret cryptocurrency expert Nick Szabo could be Satoshi Nakamoto, the mysterious creator of the digital currency Bitcoin. "You can watch ideas evolve befo.....»»
Euro banknote artist fears redesign could revive rivalries
Twenty years after arriving in Europeans' wallets, euro banknotes will get a new look with help from the public, a process officials hope will make citizens feel closer to the single currency......»»
Two decades on, euro can"t shake reputation as price driver
Europeans have been living with euro banknotes and coins for 20 years now, but many still point the finger at the single currency for covertly driving up consumer prices—despite plenty of evidence to the contrary......»»
5 Best Crypto Casinos and Gambling Sites with Huge Bonuses for Bitcoin Deposits
Are you a crypto bro looking for a way to win more BTC? Well, you’re in luck as we have … The post 5 Best Crypto Casinos and Gambling Sites with Huge Bonuses for Bitcoin Deposits appeared first on PlayStation Universe. Are you a cryp.....»»
SEC Rejects Valkyrie, Kryptoin Bitcoin Trusts
The U.S. Securities and Exchange Commission vetoed two proposals to offer bitcoin exchange-traded funds, dealing a blow to market participants who had hoped the agency would green light the effort after approving futures-backed bitcoin funds in Octob.....»»
Jack Dorsey Stirs Uproar by Dismissing Web3 as a Venture Capitalists" Plaything
Fresh off relinquishing the chief executive reins of Twitter, Bitcoin enthusiast Jack Dorsey has taken to the service he co-founded to voice his displeasure with so-called Web3 technology and the involvement of venture capital firms like Andreessen H.....»»
Bitcoin"s "One Percent" Controls 27% of All Circulating Coins, Study Finds
An anonymous reader quotes a report from Cointelegraph: Less than 1% of the biggest Bitcoin (BTC) hodlers allegedly control more than a quarter of all BTC in circulation, according to a new study. The National Bureau of Economic Research, an American.....»»
The Bank of England says Bitcoin could become "worthless"
Bitcoin, like most crypto, often experiences wild price fluctuations: it has dropped by $20,000 in the last month. However, it’s worth remembering that one Bitcoin at its current price of $48,500 is worth almost five times the $10,000 price it sat.....»»
Bitcoin Could Become "Worthless," Bank of England Warns
The Bank of England has said that bitcoin could be "worthless" and people investing in the digital currency should be prepared to lose everything. The Guardian reports: In a warning over the potential risks for investors, the central bank questioned.....»»
Ninety percent of all Bitcoins have now been mined
The latter protection hasn’t been terribly effective to date, but then again, it’s unclear what sort of expectations Nakamoto had for the digital currency when it was first conceived......»»
Narendra Modi"s Twitter account hacked with announcement India would adopt Bitcoin
Narendra Modi's Twitter handle was "very briefly compromised," his office said, when a tweet was sent from the Indian Prime Minister's account saying his country had adopted Bitcoin and would be distributing the cryptocurrency......»»
Hard Drive With 7,500 Bitcoin Buried in Landfill. Can It Be Dug Up?
In 2013 a British man accidentally threw away a hard drive that contained 7,500 bitcoin. Today it'd be worth over $350 million, reports CNBC: His name is James Howells. He's an IT worker from Wales... He once told NBC News, "It is soul-destroying, t.....»»
Foreign Policy magazine: "Bitcoin Failed in El Salvador." Is the Answer More Bitcoin?
"Bitcoin mining is a process of competitively wasting electricity to guess a winning number every 10 minutes or so," writes author David Gerard in Foreign Policy magazine. And he's got an equally negative take on Salvadoran President Nayib Bukele's.....»»
What you can learn from the Bitcoin crash
Revix explains how the dramatic dip in Bitcoin value is a learning opportunity, and not a cause for panic......»»
The CIA Is Deep Into Cryptocurrency, Director Reveals
An anonymous reader quotes a report from Motherboard: There's a long-running conspiracy theory among a small number of cryptocurrency enthusiasts that Bitcoin's anonymous inventor, Satoshi Nakamoto, was actually the CIA or another three-lettered agen.....»»
Bitcoin"s self-proclaimed inventor largely prevails in trial over stash worth $54 billion
A computer scientist who has claimed to be the inventor of bitcoin largely prevailed on Monday in a Florida jury trial over whether the estate of a former business partner deserved half of a bitcoin cache worth about $54 billion......»»
Bitcoin"s self-proclaimed inventor wins Florida trial over stash worth $54 billion
A computer scientist who has claimed to be the inventor of bitcoin largely prevailed on Monday in a Florida jury trial over whether the estate of a former business partner deserved half of a bitcoin cache worth about $54 billion......»»
Self-Described Bitcoin Creator Must Pay $100 Million In Suit
An anonymous reader quotes a report from Bloomberg: The Australian computer scientist who claims he invented Bitcoin was told by a U.S. jury to pay $100 million in damages over claims that he cheated a deceased friend over intellectual property for t.....»»
Bitcoin, Ether, Other Cryptocurrencies Suddenly Drop More Than 16%
"Cryptocurrency was down by as much as 20% Saturday, hitting its lowest point in months," reports MarketWatch: Bitcoin, the largest cryptocurrency by market value, was down 18% at $46,571.84 at about 7 a.m. ET, according to data from CoinDesk. It te.....»»
Goldman Sachs, Other Wall Street Banks Exploring Bitcoin-Backed Loans
Goldman Sachs is among a handful of tier-one U.S. banks figuring out how to use bitcoin as collateral for cash loans to institutions, CoinDesk reported Thursday, citing people familiar with the plans. From the report: Banks such as Goldman will not t.....»»