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Tag Archives: Bitcoin

Bitcoin futures trading begins on CBOE exchange in Chicago

Bitcoin has begun trading on a major exchange for the first time. The digital currency launched on the CBOE futures exchange in Chicago at 23:00 GMT Sunday, allowing investors to bet on whether Bitcoin prices will rise or fall. Its value had surged in the run-up to its futures debut, which saw it rise another 17% to above $18,000. Bitcoin’s ...

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North Korea is ‘hacking soaring Bitcoin exchanges’ – Researchers

North Korea is seeking to profit from Bitcoin’s surging value by hacking Bitcoin exchanges, security researchers have told Sky News. Ashley Shen, an independent security researcher, said: “We assume one of the reasons why Bitcoin is being attacked is because the price keeps increasing and we think it’s reasonable for hackers (to target). “Digital currency might be easier to gain ...

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Millions ‘stolen’ in NiceHash Bitcoin heist

“Highly professional” hackers made off with around 4,700 Bitcoin from a leading mining service, a Bitcoin exchange has said. The value of Bitcoin is currently extremely volatile, but at the time of writing, the amount stolen was worth approximately $80m. The hacked service was NiceHash, a Slovenia-based mining exchange. It said it was working hard to recover the Bitcoin for ...

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Bitcoin surges above $14,000 to new high

Bitcoin crossed $14,000 (£10,460; €11,870) on Thursday, surging $2,000 in less than 24 hours. The cryptocurrency began the year below $1,000 but continues its sharp rise despite warnings of a dangerous bubble. Bitcoin hit the latest milestone during early trading in Asia, according to the website Coindesk.com. The new record high comes just days before the launch of bitcoin futures ...

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China bans initial coin offerings calling them ‘illegal fundraising’

Chinese regulators have launched a crackdown on individuals and firms raising funds by offering their own digital currencies. The People’s Bank of China has declared initial coin offerings (ICOs) illegal and wants them to “cease immediately”. A growing number of tech companies are opting to sell digital “tokens” because they are quick, easy and unregulated. The ban saw sharp falls ...

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Crypto-cash investors duped in funding scam

Cyber-thieves are believed to have stolen about $500,000 (£390,000) in the Ethereum crypto-currency, with an investment scam. The thieves hijacked the website of finance security start-up Enigma and posted messages saying it was about to launch its own currency. Many people keen to cash in transferred ethereum to the thieves’ account. In response, Enigma shut down its website and adopted ...

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Bitcoin just passed $4,000

24 hours ago the cryptocurrency was trading below $3,700. About an hour ago it surged passed $4,000 and has no signs of stopping. It’s now trading around $4,135.00. For reference, a week ago Bitcoin hit an all-time high as it passed $3,000 for the first time. Check out the chart below to see what the price has done in the last ...

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Bitcoin soars to record high value

Bitcoin’s value has jumped to a record high, following a month of turmoil. The virtual currency reached $3,451.86 (£2,651) per coin in Monday trade, according to the Coindesk Bitcoin Price Index. It had never crossed the $3,000 mark until the weekend. The market value of all bitcoins in existence has now surpassed $56bn (£43bn). The surge followed the creation of a ...

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New cryptocurrency to be operational in Ghana

Block chain based digital currencies based on cryptography have become increasingly popular worldwide, despite their inherent problems. Finally, a new crypto currency that offers both price stability and merchant sales capabilities is arriving in Ghana. Since Digicash, and then PayPal were introduced in the late 1990’s, digital money has become part of the world’s lexicon. However, it was the introduction ...

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Bitcoin rebels risk ‘currency trading chaos’

A split in the Bitcoin community is set to create a new incompatible version of the cryptocurrency on Tuesday. A group of insiders is unhappy with existing plans to speed up transaction times. They plan to offer existing investors a matching amount of a new virtual asset – called Bitcoin Cash – which could put pressure on the value of ...

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