Government websites have secretly been mining bitcoin in “cryptojacking” of ICO and student loans company with Coinhive February 12, 2018 Government websites in the UK and US, including those belonging to the data regulator and the Student Loans Company, have been secretly commandeered by hackers to mine bitcoin. The website of the Information Commissioner’s Office was among several to be taken offline after a security researcher discovered that malware was being used to illegally mine [...]
NKB Group provides a summary from inside the industry November 13, 2018 As ever, we start with Trading highlights. Bitcoin continues to fluctuate in a range of $200-300, holding steady at the 2018 lows that we have been courting for the past three months. A special level that is holding just above most crypto miners’ break-even points. Despite the raft of positive news, BTC failed its November [...]
Bitcoin’s the next Enron says billionaire Saudi prince Alwaleed bin Talal October 23, 2017 Billionaire investor and Saudi prince Alwaleed bin Talal has slammed bitcoin and called it “Enron in the making”. He predicts the cryptocurrency, which is on a streak hitting all time highs over the weekend will “implode” in a scathing comment on the nearly $100bn market. Read more: Bitcoin’s back below $6,000 “It just doesn’t make [...]
Bitcoin ban: South Korea cracks down on cryptocurrencies with trading outlaw plans January 11, 2018 Bitcoin has been dealt a huge blow by one of the world’s biggest economies, as South Korea today announced plans to outlaw trading in the controversial cryptocurrency. Notoriously volatile virtual currencies plunged in the wake of a government announcement – bitcoin shed almost $2,000 in hours and is currently hovering above the $13,000 marker. The [...]
As the cryptocurrency booms, fear of a bitcoin bubble is not the only trouble December 7, 2017 Two baffling B-words dominate both boardroom and dining table conversations these days – Brexit and bitcoin. While the former is marred by talk of lack of progress, the latter is seemingly unstoppable. Bitcoin prices hit nearly $13,000 (£9,700) yesterday in a fresh record. The price surge is thanks to a flurry of investors jumping on [...]
Bitcoin price rise sends blockchain job vacancies soaring in the UK – and interest from candidates January 31, 2018 The number of jobs related to blockchain technology is rocketing – as is interest in the positions – according to new jobs data, on the back of the rising price of bitcoin. Blockchain job vacancies tripled in December 2017 to 83 job listings per million, up from 26 per million in the same month a [...]
Bitcoin price (BTC) tumbles after South Korea crackdown on cryptocurrency December 28, 2017 Bitcoin has tumbled after South Korea announced new rules for trading. The cryptocurrency tumbled under $14,000 in the latest move lower in a volatile period of trading, and was at $13,695 at pixel time according to Coindesk bitcoin price index (BPI). The South Korean government said it will ban anonymous accounts for trading cryptocurrencies and [...]
Bitcoin: A bet on a bubble about to burst? November 9, 2017 What is Bitcoin and should we trust it? Five years after the cryptocurrency first burst into the public consciousness, many are still asking this most fundamental question. Nevertheless this month Leo Melamed, chairman emeritus of the world’s largest futures and options exchange CME Group, predicted the cryptocurrency will go on to become a new asset [...]
The FCA’s issued a fresh warning on bitcoin, cryptocurrency and binary option scams as fraudsters move online January 28, 2018 The UK’s financial regulator is issuing a fresh warning to consumers over bitcoin and other cryptocurrencies that are luring people into scams online. The Financial Conduct Authority (FCA) has said investors are now being targeted by fraudsters on Facebook, Instagram and Twitter, more than they are over the phone, tempting people to put cash into [...]
Lloyds Bank, Bank of Scotland, Halifax and MBNA ban bitcoin and other cryptocurrency credit card purchases February 5, 2018 Lloyds Banking Group has banned customers from buying bitcoin and other cryptocurrencies using credit cards, as a wave of banks around the world fear being on the hook for big losses if the cryptocurrency sell-off continues. The ban, which comes into effect today across all of the British banking giant’s brands, will mean cryptocurrency exchanges [...]