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Why it matters: The energy consumed to mine cryptocurrency is as much debated as it being an alternative to conventional currencies. A study conducted by researchers in the University of Cambridge reveals that Bitcoin, which is on...
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Why it matters: Although minor in the grand scheme of things, the move helps to further legitimize Bitcoin as a viable alternative to fiat currencies, both in terms of trust and increasing adoption. It may also appeal to those who...
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In brief: Binance, the world’s largest cryptocurrency exchange by volume, has been hit with a “large scale” data breach in which 7,000 bitcoins worth around $40.7 million were stolen. The company announced that the breach wa...
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What just happened? Is the cryptocurrency market finally seeing a resurgence? It’s starting to look that way after Bitcoin, the largest of all the virtual currencies, briefly passed $5000—its highest value in four months. Othe...
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What just happened? Is the cryptocurrency market finally seeing a resurgence? It’s starting to look that way after Bitcoin, the largest of all the virtual currencies, briefly passed $5000—its highest value in four months. Othe...
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Why it matters: Bitcoin’s rise from irrelevance to the world’s leading cryptocurrency and the influence it has had on finance and security (blockchain tech) is nothing short of miraculous. A decade is an eternity in te...
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A hot potato: It’s been 12 months since Bitcoin reached its all-time high of almost $20,000, sending the world into a crypto frenzy. But in the last 24 hours, it’s hit a new yearly low of $3,126 – and it could fall even lo...
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What just happened? Law enforcement across the United States, Canada, New Zealand, and Australia are investigating dozens of hoax bomb threat emails that were sent to businesses, schools, government buildings, and other locations....
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In brief: It’s not been a good week for cryptocurrencies, especially Bitcoin. The popular coin fell 25 percent to $4051, a new low for this year, and US regulators are investigating whether the near $20,000 peak it reached in 20...
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What just happened? Bitcoin took a hit on Wednesday dropping at least nine percent by midday. The coin dipped below $6,000 for the first time since its rise to a peak of $19,378.99 on December 17, 2017. Other cryptocurrencies are ...