bitcoin

Individual using a bitcoin ATM Cryptocurrency markets around the world were yesterday thrown into panic yesterday when bitcoin fell 28% yesterday, breaking below the $10,000 floor. Ripple fell by 46%, while ethereum lost 30%, dropping below the $1000 floor. This led to over $400 billion being...

In 2018, the online gambling industry is expected to surpass $50 billion. A study by SuperData Research found that mobile gambling was up 75% year-over-year, and that it now accounted for over 25% of all gambling. And yet, there is a lack of transparency in knowing which sites are safe, honest …...

Thanks to its early associations with dark net drug markets, there’s always been a whiff of the unseemly around Bitcoin and cryptocurrency. Shibuya, Tokyo–based exchange Mt. Gox, which at one point handled nearly 70 percent of all Bitcoin transactions, declared bankruptcy in 2014 after about …...

According to a study led by Cornell professor Emin Gun Sirer, Cornell research professor Robbert van Renesse, and LinkedIn researcher Adem Efe Gencer, Ethereum’s nodes are better distributed than bitcoin, and thus the network is more decentralized than bitcoin. The paper entitled...

Bitcoin regulations could soon bite 14.08 – UPDATE – Ripple worth less than a buck New kid on the “block” (or not) Ripple is now worth less than a dollar as its price has collapsed from above $3.50 to just $0.98. Ethereum is also struggling at $8.59. Bitcoin has steadied … via Express.co.uk...

An anonymously-run cryptocurrency lending and exchange platform long suspected of being a well-marketed Ponzi scheme, abruptly ceased operations on Tuesday after receiving cease-and-desist orders from authorities in Texas and North Carolina. Per Bloomberg, the Texas State Securities Board and...

Bitcoin extended its sharp tumble of the past 24 hours, skidding more than seven percent on Wednesday in a rapid downturn in fortunes as investors were spooked by fears regulators might clamp down on an asset whose value has skyrocketed in the past year. The price of the … via Reuters –...

Bitcoin’s turbulent history IBTimes US Notorious North Korean hacking outfit Lazarus Group was behind cyberattacks that targeted South Korean cryptocurrency exchanges and users towards the end of 2017, security researchers have found. Believed to be linked to the Pyongyang regime, Lazarus has...

The entire world is stunned by the dramatic changes in the values of cryptocurrencies. In 2017, we have seen many cryptocurrencies touching all time high values. Bitcoin tops the list with Ethereum and Ripple as the followers. The overall market cap of all the … via Latest Ripple XRP Coin...

While most of the world’s institutional investors watched from the sidelines as cryptocurrencies surged last year, a small group of hedge fund managers piled in. Call them visionaries or just plain lucky, but boy did they hit the jackpot. The nine cryptocurrency hedge funds tracked by...

Researchers found that a single actor was “likely” behind several accounts that bought millions of dollars worth of bitcoin and drove the exchange rate in the US from $150 to $1,000 over the course of two months. In a paper published in a recent issue of the Journal of Monetary … via RT...

Spencer Platt/Getty It’s quite easy to buy bitcoin. But it’s not as straightforward to directly profit from blockchain, the technology that drives the cryptocurrency. Analysts at HSBC have identified a handful of stocks mostly in the US, Japan, and China that let investors do just that...

So what’s it like being one of the bitcoin millionaires? A New York Times article published over the weekend aims to give a sense of what it’s like for the long-time believers in cryptocurrencies who have become the … via MarketWatch.com – Top Stories – http://ift.tt/2D3OKeg Get more...

Bitcoin was posting modest gains on Monday, holding above the $13,000 level, while Ripple prices were coming under pressure. The bitcoin spot price BTCUSD, +2.46% … via MarketWatch.com – Top Stories – http://ift.tt/2mESlJz Get more: Nigeria Business News

Bitcoin, Ehereum, Ripple, Litecoin, and a few other high visible cryptocurrencies have made early investors very rich, very quickly. And they could make many more investors rich, provided that they continue to rise at the recent feverish pace that parallels big lottery Jackpots. But that’s...

Getty Images Of cryptocurrencies, Warren Buffett, Berkshire Hathaway’s CEO, said: "What’s going on definitely will come to a bad ending." Buffett told CNBC the firm would never have a position in cryptocurrencies. Berkshire Hathaway CEO Warren Buffett said Wednesday that the firm had no interest...

The Kentucky Fried Chicken franchise in Canada (not to be confused with all KFC branches, sorry Silicon Valley) is running a bitcoin-fueled marketing campaign: The Bitcoin Bucket. People can now buy a bucket of fried chicken with bitcoin. For a limited time, KFC Canada has a bitcoin price...

Experts woo potential investors, governments warn By Dayo Adesulu With Bitcoin’s capitalization of $268 billion, experts say the revolution of the cryptocurrency market has changed the narrative of investment globally, as it successfully displaced Coca-Cola with a capitalisation of $195 billion...

Bitcoin can serve as a global currency in theory, according to Goldman Sachs strategists. The reality is that much of the developed world already has stable monetary systems, alternative stores of value, and the US dollar for foreign trade and reserves. Cryptocurrencies may be useful in parts of...

The mounting pressure by Chinese authorities on the country’s cryptocurrency industry is forcing mining companies to look for alternatives, and Canada is one of the preferred hot spots. Bitmain Technologies, the operator of some of the largest mining farms in China, is among several companies...