Friday, 22 October 2021

Tag Archives: digital currencies

Bitcoin set for worst week since 2013

LONDON: Cryptocurrencies plunged on Friday, with several of the largest falling by more than 20 percent and bitcoin sliding below $8,000 and headed for its worst week since 2013, as worries about a regulatory clampdown globally sent investors scrambling to sell. The slump in prices this week means the total ...

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Facebook bans cryptocurrency adverts

LONDON: Facebook has banned adverts for Bitcoin and other cryptocurrencies on its sites after recent criticism from users about scams and hoaxes being promoted in their newsfeed. The world’s biggest social network said such digital currencies are “frequently associated” with “deceptive promotional practices”. “Two of our core advertising principles outline ...

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Hackers steal $64 million from cryptocurrency firm NiceHash

LONDON: A Slovenian cryptocurrency mining marketplace, NiceHash, said it lost about $64 million worth of bitcoin in a hack of its payment system, the latest incident to highlight risks that uneven oversight and security pose to booming digital currencies. NiceHash matches people looking to sell processing time on computers in ...

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