Bitcoin’s plunge extended to more than 25% on Friday as the frenzy surrounding digital currencies faced one of its biggest tests yet. The world’s largest cryptocurrency approached $10 000 as this week’s selloff entered a fourth
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When will cryptocurrencies live up to the second part of their name? Now that bitcoin is a mainstream asset, with futures contracts traded at the world’s largest exchange, becoming actual money should be the logical next step. But if
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Bitcoin has wowed markets this year with breakneck gains as investors flocked to an asset that exists only in cyberspace. But the laborious creation of each digital bitcoin by private computer networks has real-world consequences
The South African Revenue Service is in discussions with some of the top technology companies in the world to enable it to track cryptocurrency trades more efficiently. Interest in cryptocurrencies, like bitcoin, has risen significantly
Bitcoin has landed on Wall Street with a bang. Futures on the world’s most popular cryptocurrency surged as much as 25% during their debut session on Cboe Global Markets’ exchange, triggering two temporary trading halts
NiceHash, the marketplace for cloud-based mining of cryptocurrencies, said hackers breached its systems and stole an unknown amount of bitcoin from its virtual wallet. “We are working to verify the precise number of BTC taken
Bitcoin was trading above R222 000 on Luno, a local cryptocurrency exchange, on Thursday morning. It crossed the R100 000 mark on Luno just five weeks ago, on 1 November. This comes after the cryptocurrency powered through
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With the price of bitcoin reaching record highs of more than US$12 000, more and more ordinary people consider investing in the cryptocurrency. The recent price surge, however, comes with tremendous risks. Investors should be