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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.....»»

Category: topSource:  tapscapeOct 19th, 2022

Bitcoin faces biggest one-day slump since last year as China announces curbs

Bitcoin's price has fallen sharply after China announced curbs on cryptocurrency transactions......»»

Category: topSource:  skynewsRelated NewsMay 19th, 2021

Bitcoin falls further as China cracks down on crypto-currencies

The price of Bitcoin fell below $34,000 for the first time in three months after China imposed fresh curbs......»»

Category: hdrSource:  bbcRelated NewsMay 19th, 2021

Bitcoin bubble bursts overnight, dragging down stocks

After stunning run-up over the past year, cryptocurrencies are tanking. Enlarge (credit: Aurich Lawson | Getty Images) Overnight, a broad selloff of prominent cryptocurrencies has vaporized billions of dollars in value. Bitcoin, the largest cr.....»»

Category: topSource:  marketingvoxRelated NewsMay 19th, 2021

Bitcoin crashes as investors fear crypto bull market could be nearing its end

Bitcoin, Ethereum and a host of Altcoins suffered massive drops Tuesday night and Wednesday morning, erasing months of gains and hundreds of billions in market cap. The overall crypto market shrunk more than 20% over the past 24 hours according to cr.....»»

Category: topSource:  techcrunchRelated NewsMay 19th, 2021

Bitcoin falls further as China cracks down on crypto currencies

The price of Bitcoin fell below $40,000 for the first time in three months after China imposed fresh curbs......»»

Category: hdrSource:  bbcRelated NewsMay 19th, 2021

Ethereum Staking Will Drop Power Consumption By 99%

After Ethereum transitions to proof-of-stake, the blockchain's power consumption is expected to drop by more than 99%, making it about 7,000 times more energy efficient than Bitcoin. Crypto Briefing reports: Ethereum will reduce its energy consumptio.....»»

Category: topSource:  slashdotRelated NewsMay 19th, 2021

Hackers Behind Colonial Pipeline Attack Reportedly Received $90 Million In Bitcoin Before Shutting Down

An anonymous reader quotes a report from CNBC: DarkSide, the hacker group behind the recent Colonial Pipeline ransomware attack, received a total of $90 million in bitcoin ransom payments before shutting down last week, according to new research. Col.....»»

Category: topSource:  slashdotRelated NewsMay 18th, 2021

Elon Musk confirms Tesla has not sold its Bitcoin holdings, but price remains down

Bitcoin's booming price hit an all-time high in February when Tesla announced it had invested $1.5 billion in the crypto and would soon be accepting it as payment for its products. But Musk reversed the latter decision last week, citing the environme.....»»

Category: topSource:  techspotRelated NewsMay 17th, 2021

Is Bitcoin bad for the environment?

The BBC's Ros Atkins looks into Bitcoin's affect on the environment after Tesla suspended vehicle purchases using Bitcoin due to climate change concerns......»»

Category: hdrSource:  bbcRelated NewsMay 14th, 2021

Victim of "Elon Musk" Bitcoin scam loses home deposit

Teacher Julie Bushnell says she lost her deposit for a new home in a cryptocurrency giveaway con......»»

Category: hdrSource:  bbcRelated NewsMay 13th, 2021

Musk: Bitcoin is bad for climate (and you can’t buy Teslas with it anymore)

Tesla CEO says concerns over environmental impact are behind the decision. Enlarge / Elon Musk in 2020. (credit: BRENDAN SMIALOWSKI / Getty) Tesla CEO Elon Musk announced on Wednesday that Tesla would stop taking bitcoin as payment for the c.....»»

Category: topSource:  arstechnicaRelated NewsMay 13th, 2021

Tesla suspends bitcoin payments over concerns about "rapidly increasing" emissions

Tesla owner Elon Musk has announced that the electric-car maker will no longer be accepting bitcoin in exchange for its vehicles due to the cryptocurrency's contribution to climate change. Read more Tesla owner Elon Musk has announced that t.....»»

Category: topSource:  pcmagRelated NewsMay 13th, 2021

Bitcoin plunges 12% after Elon Musk tweets that Tesla will not accept it as payment

The price of bitcoin has nosedived after Tesla CEO Elon Musk said his company was suspending plans to accept the cryptocurrency as payment for electric vehicles......»»

Category: topSource:  cnnRelated NewsMay 13th, 2021

Musk makes U-turn on use of Bitcoin for buying Teslas

Tesla's CEO cited concerns about “rapidly increasing use of fossil fuels for Bitcoin mining and transactions.”.....»»

Category: topSource:  autonewsRelated NewsMay 13th, 2021

Bitcoin crashes after Elon Musk says Tesla will stop accepting the crypto as payment

Tesla's embracing of Bitcoin has helped pump the price even higher this year. The crypto reached an all-time high of $44,000 back in February when the automaker revealed it had invested $1.5 billion in Bitcoin and would soon accept it as payment. In.....»»

Category: topSource:  techspotRelated NewsMay 13th, 2021

Facebook-Backed Diem Abandons Swiss License Application, Will Move To the US

Facebook-backed digital currency project Diem -- formerly known as Libra -- said Wednesday it has withdrawn its application for a Swiss payment license and will instead shift its operations to the United States. From a report: The Diem Association, w.....»»

Category: topSource:  slashdotRelated NewsMay 13th, 2021

Bitcoin drops around 12% after Elon Musk tweets that Tesla will not accept it as payment

The price of bitcoin has taken a nosedive after Tesla CEO Elon Musk said his company was suspending plans to accept the cryptocurrency as payment for electric vehicles......»»

Category: topSource:  cnnRelated NewsMay 13th, 2021

Tesla stops payment by Bitcoin because of the impact on the environment

Tesla has halted the use of Bitcoin to pay for its vehicles because of the environmental impact of using the currency......»»

Category: topSource:  skynewsRelated NewsMay 13th, 2021

Tesla will no longer accept Bitcoin over climate concerns, says Musk

The initial decision made by Tesla in March to accept Bitcoin caused an outcry from environmentalists......»»

Category: hdrSource:  bbcRelated NewsMay 13th, 2021

Tesla will no longer accept bitcoin over climate concerns, says Musk

The initial decision made by Tesla in March to accept bitcoin caused an outcry from environmentalists......»»

Category: hdrSource:  bbcRelated NewsMay 13th, 2021