A controversial plan to fix bitcoin’s network congestion suffered a setback after attackers used a newly discovered bug to crash the software. Bitcoin Unlimited, which had been attracting support from the digital currency’s biggest miners, was
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You may not know it by looking at bitcoin’s recent price surge, but the infrastructure underpinning the world’s most popular virtual currency is teetering. While speculators continue to push the value of the digital money to record
Bitcoin is showing signs of becoming a serious asset class. Last week’s price swings hardly back up that assertion. The cryptocurrency dropped 7,8% on Thursday after news that the People’s Bank of China threatened to shut exchanges
Bitcoin prices plunged as much as 23% from Wednesday’s all-time high, according to Bloomberg data, as some traders took gains and investors celebrated a rally in the yuan. Bitcoin fell to as low as US$888,99 on Thursday
Bitcoin headed for its biggest weekly jump since June as rising geopolitical risks boosted demand for alternative assets. The cryptocurrency surged 15% this week to US$900,40 as of 2.38pm in Hong Kong, taking its gain this year
Bitcoin, that nebulous digital currency that trades in cyberspace and is “mined” by code-cracking computers, emerged as a better bet this year than every major foreign-exchange trade, stock index and commodity contract. The electronic
The anonymity of bitcoin gained it myriad adherents among anarchists and drug dealers around the world. Now, though, it’s looking like the digital currency isn’t quite anonymous enough. Consider the sudden
Forget bitcoin. There’s a new digital currency that is surging as online drug dealers begin adopting it to conduct business with more anonymity. The two-year-old currency monero has more than quadrupled this month after gaining
South African Reserve Bank governor Lesetja Kganyago has expressed openness to blockchain technologies which underlie cryptocurrencies like bitcoin. Blockchain technology acts as a digital distributed ledger
Blockchain — the technology that underlies cryptocurrencies such as bitcoin — is grabbing the attention of banks, says a prominent local law firm. The technology acts as a digital distributed ledger to confirm