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.....»»
Bitcoin Could Either Become Preferred Currency For International Trade Or Face a "Speculative Implosion," Citi Says
An anonymous reader quotes a report from Reuters: Bitcoin rose nearly 7% on Monday as risk assets rallied after last week's bond rout cooled, with Citi saying the most popular cryptocurrency was at a "tipping point" and could become the preferred cur.....»»
China Charges Ahead With a National Digital Currency
The electronic Chinese yuan is now being tested in cities such as Shenzhen, Shanghai and Beijing. No other major power is as far along with a homegrown digital currency. From a report: Annabelle Huang recently won a government lottery to try China's.....»»
Goldman Sachs Restarts Cryptocurrency Desk, Will Begin Dealing Bitcoin Futures
Goldman Sachs Group has restarted its cryptocurrency trading desk and will begin dealing bitcoin futures and non-deliverable forwards for clients from next week, Reuters reported Monday, citing a source. From the report: The team will sit within the.....»»
A Guide to NFTs
NFTs or Non-fungible tokens have been the most-talked-about topics in 2020 regarding blockchain technology, enjoying the same fame and popularity with DeFi and the iconic Bitcoin Halving that took place in summer 2020. NFTs are emerging in the crypto.....»»
Did We Enter The Hyperbitcoinization Era?
Hyperbitcoinization is not a new theory, as it was coined in 2014 by Daniel Krawisz in his Satoshi Nakamoto Institute article. Hyperbitcoinization is a voluntary transition from an inferior currency to a superior one, and its adoption is a series of.....»»
Vast Energy Use of Bitcoin Criticized
The University of Cambridge Centre for Alternative Finance has calculated that Bitcoin's total energy consumption is somewhere between 40 and 445 terawatt hours (TWh) a year, with a central estimate of about 130 terawatt hours, reports the BBC: The.....»»
Dropping Nearly 20%, Bitcoin Suffers Worst Weekly Drop in a Year
"Bitcoin's rally this year has hit a speed bump, putting it on track for the worst weekly slide in almost a year amid wider losses in risk assets," reports Fortune: The largest cryptocurrency slumped as much as 20% this week, the most since March, a.....»»
Cryptocurrencies: Why Nigeria is a global leader in Bitcoin trade
A devaluing currency and hard economic conditions make cryptocurrencies attractive despite the risks......»»
How Bitcoin"s vast energy use could burst its bubble
Could the cryptocurrency's huge electricity consumption also sink it?.....»»
Bitcoin energy use "bigger than most countries"
Could the cryptocurrency's huge electricity consumption also sink it?.....»»
Coinbase Says Entire Crypto Market Could Destabilize if Bitcoin"s Creator is Ever Revealed or Sells Their $30 Billion Stake
Coinbase on Thursday released documents for its public debut on the Nasdaq stock exchange via a direct listing. In the filing, the digital trading platform cited as a risk factor Bitcoin's creator, Satoshi Nakamoto -- the pseudonym used by the person.....»»
Bill Gates: Bitcoin not for me, says ex-Microsoft chief
The billionaire said he preferred to invest in "companies that make products" such as vaccines......»»
Coinbase files to go public in a key listing for the cryptocurrency category
This morning Coinbase, an American cryptocurrency exchange, released an S-1 filing ahead of its direct listing. The company’s public debut has been hotly anticipated thanks to recent activity amongst bitcoin and other blockchain-based assets, t.....»»
US central bank payment system down for "hours"
The crash came as the bank faces pressure to keep pace with changes fuelled by Bitcoin and other digital currencies......»»
MicroStrategy dumps another $1 billion into Bitcoin, adding to its enormous holdings
Bitcoin briefly hit an all-time high of just over $58,000 on February 21 before a slide brought the value back down around the $45,000 mark. The dip seemed to be an opportune time for some to reaffirm their commitment to the coin......»»
Square Buys $170 Million Worth of Bitcoins
Square said today it has purchased approximately 3,318 bitcoins at an aggregate purchase price of $170 million. From a statement: Combined with Square's previous purchase of $50 million in bitcoin, this represents approximately five percent of Square.....»»
The bitcoin blockchain is helping keep a botnet from being taken down
Wallet transactions camouflage the IP address of the botnet's control server. Enlarge (credit: Aurich Lawson / Ars Technica) When hackers corral infected computers into a botnet, they take special care to ensure they don’t lose control of th.....»»
Epic will pay off class-action loot-box settlement with in-game currency
Fortnite and Rocket League players will get over $78 million in digital goods. Enlarge / What... what are you doing with that hammer? (credit: Epic Games) Epic is set to settle a class-action lawsuit over its use of randomized loot boxes in Fo.....»»
Bitcoin keeps climbing after Tesla backing
Having broken through the $50,000 level last week the cryptocurrency has extended its rally this year......»»
Bitcoin’s value just passed $1 trillion
Bitcoin creator Satoshi Nakamoto may have mined 1M bitcoins worth $55 billion. Enlarge Bitcoin's price soared past $56,000 on Friday, pushing the combined value of all bitcoins past the $1 trillion mark—at least in theory. That's more than.....»»