By Joanna Ossinger and Eric Lam Bitcoin reached another record, coming ever closer to $50,000, as the world’s largest cryptocurrency extends its breathtaking rally. The token climbed as much as 3.6 per cent to $49,913 in Asian trading Tuesday, according to a composite of prices compiled by Bloomberg. Bitcoin’s volatile, fivefold advance over the past … Read more
A technician monitors cryptocurrency mining rigs in Quebec, Canada. The author discusses blockchain, which has become quite revolutionary thanks to bitcoin Bloomberg Author of The Undercover Economist, Tim Harford, strikes once again with his book on The Next Fifty Things that Made the Modern Economy. For those who have read the first 50, this will … Read more
Four months ago, Abolaji Odunjo made a fundamental change to his business selling mobile phones in a bustling street market in Lagos: He started paying his suppliers in bitcoin. Odunjo sources handsets and accessories from China and the United Arab Emirates. His Chinese suppliers asked to be paid in the cryptocurrency, he said, for speed … Read more
By Amena Saad One of the most alluring aspects of Bitcoin to traders and speculators is back: Volatility. Price swings by the largest cryptocurrency have reached the highest level in about a year in the past few weeks as the digital asset trades around $12,000. Bitcoin crashed almost $500 in a matter of minutes this … Read more
Washington D.C. [USA]: Twitter has revealed that hackers may indeed have downloaded the private direct messages of up to eight individuals while conducting their Bitcoin scam, and were able to see “personal information” including phone numbers and email addresses from each account, in one of the biggest security lapses in the company’s history this week. … Read more