Tag Archives: currency

Ethereum: The No. 2 Cryptocurrency Is Like The Currency Of An Innovative Country – Winklevoss Bitcoin Trust ETF (Pending:COIN)

Virtually everybody not living under a rock is by now aware of the existence of Bitcoin (“BTC”), the biggest cryptocurrency, with US$100 billion total market value as of the time of this writing, although probably a majority of people has no deep understanding of what it is and how it works, as evidenced by remarks […]

Bitcoin Emerges as Crisis Currency in Hotspots Such as Zimbabwe

About a third of the customers queuing at La Maison du Bitcoin’s teller windows in Paris aren’t speculating on the value of the cryptocurrency. They’re sending digital money home to Africa. “In many countries in Africa, there are far more cellphones than bank accounts,” said Manuel Valente, co-founder of La Maison. “For bitcoin, all you […]

Bitcoin Not Currency, Never Will Be: Expert Blog

Expert Blog is Cointelegraph’s new series of articles by crypto industry leaders. It covers everything from Blockchain technology and cryptocurrencies to ICO regulation and investment analysis. If you want to become our guest author and get published on Cointelegraph, please send us an email at mike@cointelegraph.com. It would appear that 2017 could be fairly called […]

Bitcoin jumps more than 9% after news Square is testing the digital currency

Bitcoin has again recovered quickly from a sharp drop. The digital currency briefly surged more than 9 percent Wednesday to a high of $7,251.81, according to CoinDesk. That’s within 10 percent of its record high of $7,879.06 hit last Wednesday. Bitcoin had fallen 30 percent below that record over the weekend amid controversy over the […]

Biggest Hack In History Freezes $156M In Digital Currency Funds

In what may be the biggest hack in digital currency’s short history, an ethereum-based company has suffered an attack that resulted in more than $156 million in digital currency being frozen and inaccessible. That throws many technology companies – including some with entertainment projects – into limbo, unable to access funds raised for development and operations […]

£200 MILLION of virtual currency Ether has been lost

If you’ve invested in the cryptocurrency, Ethereum, you may want to check that your funds are safe. More than £200 million ($280 million) of the virtual currency, ether, has been lost after a developer accidentally deleted a vital part of the code while trying to fix a flaw to stop hackers.  Experts describe the error […]

China Struggles to Lay Killing Blow to Bitcoin, Currency Thrives

China became the first country to take a hardline approach to ICOs, then moved on to Bitcoin and the exchanges that trade the digital currency. Despite these bold and brazen efforts, Bitcoin’s price is higher than ever, and the currency continues to be a factor in China. Where there’s a will there’s a way, and […]

Ethereum creator wonders whether his currency should be scarcer

Vitalik Buterin, the inventor of the ethereum blockchain, may have created too much of a good thing. The 23-year-old helped sell one of the first digital currencies in 2014 when he introduced ether to the public. Three years later he’s witnessed scads of other digital currencies raise more than $3 billion in 2017 via so-called initial […]

Ethereum Creator Wonders Whether His Currency Should Be Scarcer

Vitalik Buterin, the inventor of the ethereum blockchain, may have created too much of a good thing. The 23-year-old helped sell one of the first digital currencies in 2014 when he introduced ether to the public. Three years later he’s witnessed scads of other digital currencies raise more than $3 billion in 2017 via so-called initial […]

What is Ethereum? Currency Platform Lost $300 mil

Virtual currency is a risky gambit. On one hand, its cool and seems like the next logical step on our journey toward hoverboards and flying cars. On the other hand? These currencies are never quite as safe as their Silicon Valley proponents make them out to be. Case in point, virtual currency platform Ethereum just announced […]

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