Bitcoin

  • Bitcoin is an asset, not a currency – Israel’s central bank

    JERUSALEM (Reuters) – Israel’s central bank said on Monday it would not recognise virtual currencies such as bitcoin as actual currency and that it was difficult to devise regulations to monitor the risks of such activity to the country’s banks and their clients. Deputy Governor Nadine Baudot-Trajtenberg said there...
  • Blockchain technology behind bitcoin is worth it

    The holiday dinner table discussion about bitcoin has evolved and matured over the past eight years. Part of this evolution is in the grudging admission that the technology at bitcoin’s core has unexploited commercial and social utility. Bitcoin uses constantly growing, encrypted ledgers of transactions known as blockchains to...
  • Bitcoin under pressure to start 2018 as Ether tokens take flight

    Bitcoin prices on Tuesday started 2018 the same way it ended: facing stiff headwinds as some of its rivals, notably Ether tokens trading on the Ethereum blockchain trading at or near an all-time high. The spot price of a single bitcoin BTCUSD, +3.28% was trading relatively flat at more...
  • Bitcoin will trade under $5,000, warns Dennis Gartman

    There seems to be nothing that can convince Dennis Gartman to turn bullish on bitcoin. Despite tanking this month, bitcoin has still soared over 1,400 percent this year. But Thursday on CNBC’s “Futures Now,” The Gartman Letter editor and publisher reiterated his skepticism on bitcoin’s meteoric rise, a view...
  • Here’s what Warren Buffet has to say about bitcoin

    To the surprise of nobody, billionaire investor Warren Buffett isn’t interested in bitcoin, the electronic currency that has zoomed higher in value over the past few weeks. Bitcoin is a complex idea. Simply put, it’s a virtual currency that is created, owned and traded entirely online in anonymous and...
  • Fake News or Not Fake News??? Were Chuck E. Cheese tokens sold as bitcoins ???

    A story of a “Bitcoin scam” fired across the web this week telling of a New York City man who made $1.1. million in cash selling doctored Chuck E. Cheese tokens as Bitcoins, the skyrocketing digital currency. Share after share on social media showed people praising the story’s conman for duping apparent idiots into...
  • Long Island Woman Charged With Using Bitcoin To Launder Money To Support ISIS

      A woman in Long Island, N.Y., has been arrested and charged with using Bitcoin to transfer more than $85,000 in stolen funds to support the Islamic State. Zoobia Shahnaz, 27, is charged with bank fraud, conspiracy to commit money laundering and three counts of money laundering, according to...
  • US prosecutors move to cash in on $8.5M in seized bitcoin

    SALT LAKE CITY (AP) – U.S. attorneys in Utah prosecuting a multimillion-dollar opioid drug-ring are moving quickly to sell seized bitcoin that’s exploded in value to about $8.5 million since the alleged ringleader’s arrest a year ago. The U.S. Attorney’s Office for Utah cites the digital currency’s volatility in court...
  • What may have happened during Bitcoin hack ???

    Hackers have carried out a heist on a leading digital currency platform, making off with an unspecified amount of bitcoin. NiceHash, which describes itself as the largest marketplace for mining digital currencies, said late Wednesday that it was suspending its operations for at least 24 hours because of a security...