The hackers on Saturday hijacked the server that hosts BlackWallet, a web-based wallet application that stores lumens, and stole 669,920 from users' accounts, the BBC reported.
The Bitcoin value, that had rose up to 1500 percent by the end of last year, has fallen drastically since then
The story of the meteoric rise in Bitcoin's valuation was punctuated by a steep decline in its dominance. This coincided with the rise of Ether, Ripple and Bitcoin Cash. Moneycontrol presents an analysis of the trend
By 10 o'clock in the morning the loss was over USD 200 billion. The total market cap dropped to USD 628 billion before climbing
He said that people are investing in the currencies which are unregulated. They hope that their investment will grow manifold in a short span of time
In a tweet on Monday, the founder of an eponymous cybersecurity firm, McAfee said that he has used crypto currencies for weed, illegal drugs, porn and prostitutes, besides food and clothing
Post the announcement, the price of shares of the Eastman Kodak Company rocketed to post 117 percent rise in Tuesday’s trade
In last two days, the exchange prices of Bitcoin has dropped by over USD 2,300, from a high of USD 17,172 to USD 14,871
As per an estimate, in the world, over 37 TWh electricity is being consumed every year. This is more than the annual electricity used by about 160 countries in the world
For the most part of the last year, Ether was the second most valued cryptocurrency in the world. It was recently replaced by Ripple which has seen about 50,000 percent rise in last 12 months
About 4,700 bitcoins were stolen from wallets on its server in a hacking attempt on December 6 and the services were stopped for over 24 hours
Noting that the market was being monitored, a senior administration official said that he was not prepared to say if it needed regulations.
The Korea Blockchain Industry Association said in a statement users would only be allowed to trade virtual currency through one account after their identity has been confirmed via traditional financial institutions like banks.
This is over Rs 34,000 crore more than India's total allocated defence budget (Rs. 2.74 lakh crore) for 2017-18!
There are no dearth of naysayers but yet the cryptocurrencies like bitcoin are rocketing like never before
Though, on an average, 12.5 bitcoins are being added to the supply but this will not be constant. By design, at some point in future, the generation of anymore bitcoins will not be practically feasible
Bitcoin which has not much of a value five years back is trading at over Rs 10 lakh per bitcoin in cryptocurrency exchanges
The Solvenia based company has been active since 2014 and handed out over a billion dollars in payment to its customers, the founders said
Bitcoin's story in India has been punctuated by cautions from the apex bank and finance ministry. They have become more frequent now when prices have touched meteoric heights
The market cap of Ethereum — the second most valued cryptocurrency is smaller than just four Indian companies—Reliance Industries, TCS, HDFC Bank and ITC
Created in 2009, bitcoin uses encryption and a blockchain database that enables the fast and anonymous transfer of funds outside of a traditional centralized payment system.
If you had bought even 25 bitcoins at the start of the year, you would have become a crorepati by now!
There have been multiple rumours about the company starting to accept cryptocurrencies. Last month one such rumour that it will accept bitcoins for purchases drove bitcoin’s price upwards
There are over 1,000 cryptocurrencies, bitcoin being the biggest by market capitalization, and many have seen huge rises in value over the past few years. Bitcoin for example is up over 470 percent year-to-date.
India has the world’s largest inward remittance market which is more than $70 billion per year