Bitcoin continued its slump after losing 12% on Wednesday and triggering the biggest cryptocurrency sell-off since February.
Hackers have stolen $60-million of digital coins from a Japanese exchange, the latest in a string of thefts that have kept many institutional investors wary of putting their money in cryptocurrencies.
Bitcoin fell to a six-week low, as selloff that began in early May dropped the cryptocurrency’s price below $7 500 for the first time since mid-April. Bitcoin slumped 7.3% to $7 495 as of 1.57pm in New York
The world’s biggest cryptocurrencies rose again on Tuesday, extending their April rally deep into its fourth week and taking this month’s increase to more than 75%. Ethereum, bitcoin cash and EOS helped lead
There’s a compelling reason to consider what’s going on with cryptocurrencies a purely speculative boom-and-bust roller-coaster: over a three-month period, the prices of all the top coins and tokens are rather strongly correlated
Should central banks embrace cryptocurrencies, or even pioneer their own? In a nutshell, no. Crypto assets are an unusual innovation, still in flux and often poorly understood. Trying to centralise them in a bureaucracy is exactly
Bitcoin has picked up right where it left off, hitting another record high to close in on US$8 000 just days after a plunge of as much as 29% tested the confidence of advocates of the cryptocurrency. Bitcoin climbed as much as 1.3% to touch
It’s getting tougher and tougher to keep track of all the different versions of bitcoin. New iterations of the cryptocurrency are multiplying as disagreements over bitcoin’s design persist and opportunities
The bitcoin rate spike, still alive despite bitter divisions in the community that supports the cryptocurrency, has laid bare the biggest problem with bitcoin: compared with fiat currencies, it’s painfully
Bitcoin plunged as the cancellation of a technology upgrade prompted some users to switch out of the cryptocurrency, spooking speculators who had profited from a more than 800% surge this