The cryptocurrency bitcoin is “a combination of a bubble, a Ponzi scheme and an environmental disaster,” according to Agustin Carstens, the head of the Bank for International Settlements (BIS).
Leading cryptocurrency bitcoin has lost 24 percent in the last 24 hours, plunging to $6,000 on Tuesday. Bitcoin has lost more than two-thirds of its value in less than two months.
Investor fears over tightening crypto-currency legislations could be contributing to the fall.
Over half a trillion dollars of value has been wiped off the entire cryptocurrency market in just under a month, as the prices of popular digital coins plunge.
BIS head says cryptocurrency is a ‘Ponzi scheme’ that poses a threat to financial stability
The Winter Olympics is about to start in South Korea, and security officials have put in place a number of measures to deal with any rogue drones that show up.
Transactions with bitcoin and other cryptocurrencies are no longer available for 8 million credit card users of Lloyds Banking Group, which unites Lloyds Bank, Bank of Scotland, Halifax and MBNA.
Ex-Silicon Valley executives, who helped to build Google and Facebook into the tech giants they are today, are joining forces to challenge the companies’ “erosive” effect on society and create a cultural awakening.
Last year, thanks to stratospheric rises in value, lots of people became aware of the existence of Bitcoin, as well as another often-cited up-and-coming cryptocurrency, Ethereum.
Banking group fears cryptocurrency’s plunging value could leave it with huge debt
JPMorgan, Citigroup and others are closing the door on financial and legal risks.
Bitcoin, Ethereum, Ripple, Litecoin and other cryptocurrencies have been on a roller coaster lately. Sharp upturns have been followed by sharp downturns, with each upturn and downturn lasting only a few weeks or a few days.
The Lightning network could enable much cheaper and faster bitcoin payments.
A LEADING privacy group has warned that so-called selfie pay is another massive step towards a “Big Brother” society.
Japanese authorities on Friday raided virtual currency exchange Coincheck, a week after the Tokyo-based firm lost $530 million in cryptocurrency to hackers.
Japan has a new cafe where customers can enjoy coffee brewed and served by a robot barista.
Bitcoin had been trading in a fairly tight range around $10,000 early last week until Thursday when it fell below $9,000 and hit a low near $7,850 per coinmarketcap.com. Bitcoin briefly bounced back to $9,000 and then drifted back down to $8,000 on Friday. It climbed back to around $9,450 this morning but has slipped to $9,200.
SAN JUAN, P.R. — They call what they are building Puertopia. But then someone told them, apparently in all seriousness, that it translates to “eternal boy playground” in Latin. So they are changing the name: They will call it Sol.
A growing number of big U.S. credit-card issuers are deciding they don’t want to finance a falling knife.
For Bitcoin investors, these are the times that try one’s soul.
America’s biggest tech giants are nothing if not popular. Apple, Google, Facebook and Amazon rank as some of the most well-liked brands in the world. Pollsters find that 86 percent of Americans hol…
Bitcoin is the most popular virtual currency yet developed.
The SEC is watching, for one thing.
In a relatively calm day for cryptocurrencies, most of the largest are down by a few percentage points.
CANBERRA, Feb. 2 (Xinhua) — The Australian government is investigating how it could tax cryptocurrencies such as bitcoin, it has been revealed.
CARACAS, Jan. 31 (Xinhua) — The Venezuelan government Wednesday published a white paper with rules governing its new cryptocurrency, the petro.
Who needs cash when you’ve got cryptocurrency…?
BitOasis, a digital asset wallet and exchange platform for cryptocurrency, has enabled submissions of new account verifications for one day only on Tuesday.
I want to make money with Bitcoins, but I don’t know where to start. Help me so I can take advantage of this once in a lifetime ride!
NEO (formerly Antshares) was the coin that had the most appreciated last year among all altcoins. Many have labelled it as the “chinese” ethereum but there are many other advantages that has many really excited for 2018.
Investors are better off putting money in cryptocurrency-related stocks, says Nigam Arora.
Is bitcoin in a bubble?
One of the biggest stories of 2017 has been the surge in the price of bitcoin, the cryptocurrency touted an alternative to gold and other investments. For years, many have wondered who the mysterious Satoshi Nakamoto, the creator of bitcoin, is.One person it’s not? Elon Musk.
Ravi Menon: Economic possibilities of blockchain technology. Keynote address by Mr Ravi Menon, Managing Director of the Monetary Authority of Singapore, at the Global Blockchain Business Conference, Singapore, 9 October 2017