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World News

Cost of a single Bitcoin exceeds $60k for first time ever

Bitcoin crossed the $60,000 mark for the first time in its history on Saturday.

Money

How Bitcoin went from cowboy currency to commonplace

After the value of a Bitcoin hit record levels this week, we take a look at the cryptocurrency's story.

USA

Teenagers charged over Twitter hack that targeted celebrities

Earlier this month hackers broke into the Twitter accounts of technology moguls, politicians, celebrities and major companies in a Bitcoin scam

Europe Decoded

Twitter hackers accessed messages of far-right leader Geert Wilders

Geert Wilders, from the Dutch right-wing Freedom Party (PVV), said Twitter had informed him that his account had been compromised.

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Lithuania

Lithuania issues world's first state-backed digital collectible coin

Lithuania becomes the first country to launch a digital currency backed by its central bank.

World News

Hackers targeted around 130 accounts this week, says Twitter

The social media giant said it was continuing to assess whether the attackers were able to access private data of the targeted accounts.

USA

Twitter hack: Obama, Biden and Gates accounts targeted in Bitcoin scam

The incursion appears to be centred around a cryptocurrency scam. The tweets, which were fake, offered to send people $2,000 for every $1,000 they sent to a bitcoin address.

Money

Explainer: What is 'LBCOIN,' Lithuania's new cryptocurrency?

Lithuania will open a pre-sale for its first central state-backed cryptocurrency on July 9 as part of a trial on blockchain technology.

Germany

German police shut down country's biggest online drugs market

Eleven people between the ages of 24 and 44 were arrested in Germany, France, the Netherlands, Poland and Spain during the investigation into the Chemical Revolution marketplace.

USA

Hackers hold US city of Baltimore to ransom demanding 13 bitcoins

Anonymous hackers have brought the US city of Baltimore to its knees by seizing control of government computers, demanding bitcoin in return for releasing their hold over the systems.

World News

World's largest cryptocurrency takes a dive

The world's largest cryptocurrency, Bitcoin, has dropped to its lowest level in more than a year.

World News

Man convicted of Iceland's biggest heist escapes prison, lands in Sweden

Sindri Thor Steffanson managed to escape to Sweden on an Icelandair flight also carrying the prime minister

Iceland

How Bitcoin brought the 'Wild Wild West' to Iceland

Why is Iceland such a hotbed for bitcoin mining and what repercussions has the glacial country seen from this activity?

Economy

Banks in Britain and US ban use of credit cards to buy Bitcoin

The move comes over fears a plunge in the value of crypto currencies will leave customers unable to repay their debts.

Economy

Samsung branches out into cryptocurrency mining

The decision could pile pressure onto the competition.

Business Series

Global leaders tackle Bitcoin in Davos

The value of Bitcoin soared by 1,700 per cent at the end of last year. But are global, cryptocurrencies regulatable, and do they help criminals transact their business? Davos tackles this difficult subject.

World News

Price of Bitcoin drops by nearly half since December peak

Other cryptocurrencies plunged as well after reports South Korea and China could ban cryptocurrency trading.

World News

Missed out on the bitcoin boom? Try these virtual currencies instead

Bitcoin is so 2017. If you missed out on the virtual currency boom, here are five other digital assets you can jump into to try to ride the next wave.

Venezuela

Venezuelans turn to ‘bitcoin mining’ to purchase basic needs

Hyperinflation has pushed everyday Venezuelans to “bitcoin mining”, which operates underground.

Economy

Cryptocurrency mania: and now, the bitcoin futures

Investors can now bet on the rise or fall of the cryptocurrency using bitcoin futures, which have started trading on a major regulated exchange.