Friday, 15 November 2019

Tag Archives: Bitcoin

Bakkt introduces cryptocurrency

NEW YORK: The parent company of the New York Stock Exchange (NYSE) offer investors the option to trade Bitcoin, giving the pioneer cryptocurrency further mainstream recognition. Operations will begin at the opening of the electronic financial market at 8:00 pm in New York. Brokers will then be allowed to trade ...

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Cyber attacks cost $45bn in 2018

WASHINGTON: An estimated two million cyber attacks in 2018 resulted in more than $45 billion in losses worldwide as local governments struggled to cope with ransomware and other malicious incidents, a study showed Tuesday. The Internet Society’s Online Trust Alliance, compiling data from the U.S. and some international sources, said ...

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Bitcoin trades above $11,000

LONDON: Bitcoin tested 15-month highs after jumping more than 10pc over the weekend, with analysts ascribing the spike to growing optimism over the adoption of cryptocurrencies after Facebook unveiled its Libra digital coin. The original cryptocurrency hit $11,247.62 on the Bitstamp exchange, its highest since March last year. It later ...

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Swiss Media Giant Now Pays Its Employees in Bitcoin

Switzerland-based media behemoth Netzmedien AG is adapting to the new age of money by ditching fiat currencies in favor of crypto. From now on, all 30 employees of the publishing house will receive salaries in BTC, the company’s announcement states. The decision to receive salaries in BTC was taken by ...

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Greek court orders extradition to France of Russian Bitcoin suspect

ATHENS: The Greek Supreme Court on Wednesday ordered the extradition to France of Russian Alexander Vinnik, who headed the Bitcoin exchange BTC-e, on suspicion of money laundering, judicial sources said. In September, the Supreme Court had approved Vinnik’s extradition to Russia to face similar charges but on Wednesday it decided ...

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Bitcoin Cash Drops 5%

LONDON: After demonstrating nearly a 50 percent gain within a three-day span, Bitcoin Cash dropped five percent of its value against the US dollar. The volume of Bitcoin Cash, which hovered at around $1.4 billion on November 6, has since dropped to $950 million, by 32 percent. Still, on a ...

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Cryptocurrency bitcoin marks 10 years

LONDON: October 31, 2008 marked the birth of bitcoin. Ten years on, the world’s first cryptocurrency is at the forefront of a complex financial system viewed warily by markets and investors. From its first evocation amid a global financial crisis, in a white paper written by Satoshi Nakamoto, an unknown ...

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Bitcoin Rises to Over $7,000

NEW YORK: Bitcoin’s price soared over the psychological level of $7,000. For most of August, it has been hovering within the $6,000 bracket. Back in July, it rose to over $8,000 for the first time in months. This was following news that the SEC was thinking of approving the first ...

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Bitcoin Dominance Rate Hits 50% in 2018

LONDON: Bitcoin (BTC) now makes up 50 percent of the entire cryptocurrency market capitalization. Shortly past 03:00 UTC on August 11, CoinMarketCap’s bitcoin dominance rate – an indicator that tracks the percent of the total cryptocurrency market capitalization contributed by the leading cryptocurrency – reached 50 percent for the first ...

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