Pandemic-era central banking is creating bubbles everywhere
In 2020, cheap money, gushing in from the world’s major central banks, inflated assets and reshaped how we save, invest and spend.
Bitcoin has the potential to reach $146,000 in the long term as it competes with gold as an asset class, according to JPMorgan Chase & Co. Bitcoin’s market capitalization of around $575 billion would have to rise by 4.6 times — for a theoretical price ...
All aboard the billionaires’ Bitcoin bandwagon?
A surge of 1,000% in 2017 took Bitcoin's value to $19,000. A year later, it had dropped to less than $3,500.
What Bitcoin's new record means for Wall Street
Bitcoin won’t be viewed as an existential threat to the banking system just because its price is soaring. But it won’t be ignored either.
Bitcoin is gunning for a record and no one is talking about it
Bitcoin has more than doubled since December and many fans are once again eyeing the $20,000 level as the next barrier to breach.
How bitcoin gained currency in Africa
Monthly cryptocurrency transfers to and from Africa of under $10,000 jumped more than 55 percent in a year to reach $316 million in June.
Hacking spree alarms experts concerned about Twitter's security
The company statements confirmed the fears of security experts that the service itself — rather than users — had been compromised.
Letter bombs explode in ABN Amro and Ricoh offices in Netherlands alleged bitcoin extortion
Two letter bombs exploded on Wednesday at two separate locations in the Netherlands but nobody was hurt in the incidents, which police blamed on an extortionist who had demanded payment in bitcoin. Both explosions were minor, one at an ABN Amro bank mail-sorting office in ...
Suspects arrested by Tokyo police over ¥78 million bitcoin theft
Tokyo police have arrested two men for allegedly stealing some ¥78 million in bitcoin from an overseas cryptocurrency exchange, it was learned Thursday. The Metropolitan Police Department's cybercrime unit arrested Yuto Onitsuka, 25, and Takuma Sasaki, 28, on computer fraud charges, investigative sources said. The two ...
China's bitcoin miners scoop up two-thirds of crypto-network's processing power
China's bitcoin miners now control two-thirds of the crypto-network's processing power, research showed on Wednesday, a growing share that is likely to benefit the country's miners. Miners in China control 66 percent of the global "hashrate," a measure of the power of computers hooked up ...
Cryptocurrency exchanges across China halt services amid crackdown
China's latest crypto-crackdown is already claiming its first casualties. At least five local exchanges have halted operations or announced they will no longer serve domestic users this month, after regulators issued a series of warnings and notices as part of a cleanup of digital currency ...
Law enforcement officials said on Wednesday they had arrested hundreds of people worldwide after knocking out a South Korea-based dark web child pornography site that sold videos for digital cash. Officials from the United States, Britain and South Korea described the network as one of ...
