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Wednesday, September 23, 2020
Bitcoin topples listed below $8,000 for the very first time because June

Bitcoin topples listed below $8,000 for the very first time because...

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Reuters Bitcoin sank below $8,000 per token early Monday, hitting its lowest level since early June. The world's most traded cryptocurrency has fallen roughly 31% from its yearly high of $12,921, though global recession fears and asset selloffs have played to bitcoin's favor in recent months. Investors have used the digital token as a hedge…
Judge savages self-proclaimed bitcoin developer Craig Wright

Judge savages self-proclaimed bitcoin developer Craig Wright

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Enlarge / Craig Wright, right, arrives at federal court in West Palm Beach, Florida, on June 28, 2019. Saul Martinez/Bloomberg via Getty Images Australian Internet personality Craig Wright claims he is bitcoin inventor Satoshi Nakamoto. A lot of people don't believe him. But one person who does believe him is Ira Kleiman, the brother of deceased…
Facebook is backpedaling from its enthusiastic vision for Libra

Facebook is backpedaling from its enthusiastic vision for Libra

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Enlarge / David Marcus, head of blockchain at Facebook, speaks at a House Financial Services Committee hearing on Wednesday, July 17, 2019. David Marcus, the head of Facebook's new Calibra payments division, appeared before two hostile congressional committees this week with a simple message: Facebook knows policymakers are concerned about Libra, and Facebook won't move…
There’s a huge issue with Facebook’s Libra cryptocurrency

There’s a huge issue with Facebook’s Libra cryptocurrency

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Getty / Aurich Lawson Mark Zuckerberg is known for his boundless ambition. He's had a longstanding fascination with Caesar Augustus, the Roman emperor who (in Zuckerberg's words) "established 200 years of world peace." So having conquered social networking, Zuckerberg has his eyes on something bigger: reshaping the global financial system. Payment services from rivals like Apple…
Computer system from NASA’s Apollo program reprogrammed to mine bitcoin

Computer system from NASA’s Apollo program reprogrammed to mine bitcoin

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Enlarge / DSKY unit of the Apollo Guidance Computer in the National Air and Space Museum. Shirriff used a different unit that belongs to a private collector. Among the many technological breakthroughs of NASA's Apollo project to land a man on the Moon was the Apollo Guidance Computer that flew onboard Apollo spacecraft. In an…
Bitcoin skyrockets past $12,500 5 days after striking $10,000

Bitcoin skyrockets past $12,500 5 days after striking $10,000

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NASA/Bill Ingalls Bitcoin has risen above $12,500, its highest level in 2019. The new milestone comes just five days after bitcoin rose above $10,000. Bitcoin's value has risen by almost a factor of four since last December, when the price bottomed out around $3,200. Bitcoin's price is still well below the all-time high of around…
Bitcoin is trading above $10,000 for the very first time in over a year following Facebook’s cryptocurrency statement and strong 2019 development

Bitcoin is trading above $10,000 for the very first time in...

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The price of a single bitcoin exceeded $10,000 for the first time since March 2018 on Friday, according to CoinDesk. The milestone followed Facebook's June 18 announcement that it will introduce a digital currency, Libra, and an app, Calibra, that will allow users to send and receive the currency and use it to make purchases…
Bitcoin is rising and simply crossed the $10,000 mark

Bitcoin is rising and simply crossed the $10,000 mark

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Reuters / Charles Platiau Bitcoin surged past $10,000 on Friday evening. The milestone marks bitcoin's recovery to more than half of its all-time high. The promise of interest-rate cuts, rising US-Iran tensions, the US-China trade war, and wider interest in cryptocurrencies could be driving the surge. Watch bitcoin trade live. Bitcoin surged more than 5%…
Bitcoin increases above $10,000 for the very first time in a year

Bitcoin increases above $10,000 for the very first time in a...

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Peter KovalevTASS via Getty Images Bitcoin's price has soared above $10,000 for the first time since early 2018, a new milestone in the virtual currency's latest comeback. The price has more than tripled since hitting rock-bottom last December around $3,200. That was after crashing from an all-time high around $19,500 in December 2017. As always,…
Phony cryptocurrency apps on Google Play attempt to benefit on bitcoin rate rise

Phony cryptocurrency apps on Google Play attempt to benefit on bitcoin...

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Google's official Play Store has been caught hosting malicious apps that targeted Android users with an interest in cryptocurrencies, researchers reported on Thursday. In all, researchers with security provider ESET recently discovered two fraudulent digital wallets. The first, called Coin Wallet, let users create wallets for a host of different cryptocurrencies. While Coin Wallet purported…

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