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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 ...
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In 2014, a group of developers launched a cryptocurrency with the ambitious aim of solving the problem of price volatility. Tether was the first so-called ‘stablecoin’, with the idea being that each token issued wou...
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A man in China has been sentenced to three and a half years in prison after stealing electricity from a train network in order to mine bitcoin. Xu Xinghua from Shanxi province pleaded guilty to stealing 104,000 yuan (£11,300), w...
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The world is in the middle of a second gold rush — but it’s not gold they’re mining today. It’s Bitcoin and other cryptocurrencies, ones and zeroes that are being turned into pure profit. Around the globe, they’re making...
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Last year, Bitcoin seemed nearly unstoppable. The world’s most popular cryptocurrency rose to just under $20,000 and saw people investing heavily in the cryptocurrency rather that be through buying directly or simply buying the ...
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ChesNot/GettyImages Bitcoin. It’s a word that was once merely discussed as an academic idea among technology enthusiasts, then became a hushed mention among law enforcement tackling online drug trades — and most recently it wa...