Posts in Category: Bitcoin

Elon Musk, CEO of Tesla Inc. and active entrepreneur in the field technology, said on Tuesday, February 19, 2019, on the advisory firm’s ARK investment podcast that the Bitcoin cryptocurrency (BTC) is quite amazing, and that compared with paper money, cryptocurrencies are a better way of transferring value.

 

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Craig Wright has claimed that he is Satoshi Nakamoto, the creator of Bitcoin, and has made a lot of hype with this claim. On Friday, February 15, he sent two almost identical return letters to U.S. Commodity Futures Trading Commission (CFTC) as a senior scientist at the nChain institute.

 

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Considering the declining trend of Bitcoin and other cryptocurrencies, all thought that the total failure of cryptocurrencies is approaching, but the event taking place on Friday made activists and stockholders hopeful in the field of cryptocurrencies. The price offered for Bitcoin on Friday reached one of its highest records in recent weeks and experienced 10.5 growth during 24 hours. The price of this cryptocurrency reached $3710.

 

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According to Wlad van der Laan, the lead maintainer of Bitcoin’s most widely used software, Bitcoin supply will not see an increase.

 

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The main reason for the emergence of various cryptocurrencies around the world is the practicality observed in Blockchain Technology;

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well-known researcher in the field of cryptocurrency nicknamed PlanB, posted a tweet saying that right now Bitcoin price has hit its lowest level in recent years. PlanB, by sharing graphs depicting the evaluation of prices of precious metals such as ... read more

Famous cryptocurrency exchange Cryptopia was hacked. This team confirmed that through a security hole in this exchange, the thieves were successful in stealing a high amount of money in a hacking attempt.

 

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The news of cryptocurrencies implies that the topmost twenty cryptocurrencies are losing their value and Bitcoin has decreased to $3450. Formerly, Bitcoin experienced the highest unrepeatable price

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Bitcoin hacking and theft will probably turn into the biggest concern for investors in the field of cryptocurrency in 2019. Therefore, it would be interesting to take a look at the biggest and the most extensive hacks in the history of Bitcoin.

 

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Investment firm fidelity is a multi-national financial services firm located in Boston, the U.S. With more than $2.5 trillion capital in the form of securities, it is one of the largest investment firms, as of March 2018.

 

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