Tag: Bitcoin

London: Bitcoin crossed $14,000 on Thursday, surging $2,000 in less than 24 hours, a new record high for the cryptocurrency. Bitcoin began the year below $1,000 but continues its sharp rise despite warnings of a dangerous bubble, reports the BBC. It hit the latest milestone during early trading in Asia, according to the website Coindesk.com. […]

Sydney: An Australian research indicates blockchain technology — that enables bitcoin — may increase productivity and innovation in government and industry in the future. Blockchain is a type of distributed ledger or decentralised database that keeps records of digital transactions. A distributed ledger has a network of replicated databases, synchronised via the internet and visible to […]

New Delhi: There is no mechanism to prevent the misuse of cryptocurrencies such as Bitcoin by terror groups and other anti-national elements, the government said on Tuesday, adding it was awaiting the report of an expert group on the subject. “One of the features of cryptocurrency is that there is lack of dependence on the […]

"Why not just make a crypto from scratch that does everything you want technically and has a lot of dev support and doesn't have high concentration of ownership at least initially?" a user asked Musk on Saturday.

San Francisco: Social-networking giant Facebook is seeking executives to work in its secretive Blockchain division and to work on the company’s own blockchain applications and cryptocurrency. Facebook has listed 22 vacancies on its Careers page for the division including openings for lead commercial counsel, product manager, finance analyst, data engineer and threat investigator among others. […]

London: Facebook, which owns WhatsApp and Instagram, is gearing up to launch its own cryptocurrency next year, the BBC reported on Friday. Called “GlobalCoin,” the cryptocurrency would work with a new digital payments system in about a dozen countries starting in the first quarter of 2020. Facebook has been in contact with US and British […]

New Delhi: Despite banking restrictions put in place by the Reserve Bank of India, the country has not put any blanket ban on trading in cryptocurrencies yet, the government has clarified. Responding to questions in the Rajya Sabha on whether the government has prohibited cryptocurrency in the country, Minister of State for Finance and Corporate […]

New Delhi: Twitter is considering a feature that would allow users to tip one another – in Bitcoins though. The Information reports that the micro-blogging platform is working on implementing a new payment feature to let people send money to each other. It is not yet clear whether the Twitter tipping feature would integrate with […]

New Delhi: As Twitter went through the worst-ever cyber attack on any social media platforms on Thursday, at least 367 users transferred around $1,20,000 (over Rs 90 lakh) to hackers in Bitcoins before the Twitter teams swung into action to stop the cryptocurrency scam that hit several top-notch public profiles. According to the cybersecurity firm […]

New Delhi: With the Supreme Court striking down the curb on cryptocurrency trade in India in March this year, there has been a surge in Indians investing in Bitcoin and with this, cybercriminals have started mobile-based fake Blockchain-based crypto wallets to lure and con the rich and the wealthy in the country. These Blockchain-based wallets […]

New Delhi: There is good news for bitcoin investors as the leading cryptocurrency rose as high as $19,900, breaking the previous intraday record of $19,783.21 set three years ago, according to data and news provider CoinDesk. Bitcoin breached the record on Monday and year to date, the cryptocyurrency has gained 167 per cent, according to […]

New Delhi: The world’s most well-known cryptocurrency Bitcoin has witnessed a sharp rise and fall over a couple of days and on Monday, it fell sharply, losing ground from a record high of $34,800 to almost $30,000, with traders citing volatility in the highly leveraged futures markets. Earlier, the world’s most well-known cryptocurrency smashed through […]

San Francisco: Tesla CEO Elon Musk, who has been tweeting on cryptocurrencies with greater frequency for some time now, has said that prices of Bitcoin now “seem high”. His comments came after Bitcoin’s total market value passed $1 trillion for the first time on Friday, according to data from CoinDesk. The leading cryptocurrency reached an […]