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Donald Trump has put cryptocurrency front and centre in his path to the White House, driving the price of bitcoin to record highs and sparking fierce debate. The incoming U.S. president has even signalled potentially creating a strategic reserve of bitcoin. At the New York Stock Exchange this week, CNBC host Jim …
Read More »Bitcoin tops $100,000 US as Trump win continues to fuel crypto rise
Bitcoin has topped the $100,000 US mark for the first time, as a massive rally in the world’s most popular cryptocurrency sparked by the election of Donald Trump rolls on. The milestone comes just hours after the president-elect signalled a lighter regulatory approach to the crypto industry, when he said …
Read More »Bitcoin scam: Victim faced with excuses, told to pay large fees when trying to withdraw funds – Toronto
Descrease article font size Increase article font size A victim in a cryptocurrency scam who invested $400,000 was faced with multiple excuses and told to pay large fees when attempting to withdraw the funds, Toronto police say. In a news release issued Tuesday, police said officers were able to recover …
Read More »Overview of El Salvador's official yet controversial adoption of bitcoin in 2021, as many citizens have reportedly seen bitcoin vanish from their Chivo wallets (Scott Chipolina/Decrypt)
Scott Chipolina / Decrypt: Overview of El Salvador’s official yet controversial adoption of bitcoin in 2021, as many citizens have reportedly seen bitcoin vanish from their Chivo wallets — At this year’s Bitcoin Conference in Miami in June, El Salvador President Nayib Bukele announced his country would soon accept Bitcoin …
Read More »Bitcoin Price Today: Bitcoin falls back below $60,000 for first time since November 1 | Technology News
New Delhi: Bitcoin fell below $60,000 for first time since Nov. 1, while the cryptocurrency ether also dropped sharply. Bitcoin — which last week hit a new record high of $69,000 — fell to as low as $58,600, its weakest in 19 days, and was last down around 7% on …
Read More »Will Volcanic Geo-Thermal Energy Soon Power ‘Clean’ Bitcoin Mining in El Savador?
Nayib Bukele, the President of El Salvador posted a 25-seconds long video that promises the “first steps” in Bitcoin mining. The footage showed glimpses of what reports speculate is a new volcanic geo-thermal Bitcoin mining facility being built in El Salvador, the world’s first country to legalise Bitcoin as legal …
Read More »Bitcoin Adoption in El Salvador: Remittance Costs Key to Take-Up of Cryptocurrency, Development Bank Says
Central American countries are eagerly waiting to see if El Salvador’s adoption of Bitcoin as parallel legal tender cuts the cost of remittances, an important source of income for millions of people, the region’s development bank said. President Nayib Bukele’s congressional allies have already approved legislation giving the cryptocurrency official …
Read More »User had ~$600K worth of bitcoin stolen after using a fake app for cryptocurrency hardware wallet Trezor downloaded from the App Store; app was rated five stars (Reed Albergotti/Washington Post)
Reed Albergotti / Washington Post: User had ~$600K worth of bitcoin stolen after using a fake app for cryptocurrency hardware wallet Trezor downloaded from the App Store; app was rated five stars — Recent scams show there are holes in Apple’s safety net — Phillipe Christodoulou wanted to check his …
Read More »Bitcoin, Crypto Inflows Hit Record Last Week
NEW YORK: Investment flows into cryptocurrency funds and products hit a record $1.31 billion last week after a few weeks of small outflows, as investors took advantage of the decline in bitcoin and other digital asset prices, according to the latest data on Monday from asset manager CoinShares. Total assets …
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