News From The Crypto Currencies Scene

2016-10-28 16:00
Zcash New Cryptocurrency Introduced
Zcash, a new cryptocurrency was introduced yesterday on the digital currency market.…
2016-10-26 16:44
Bitcoin Reaches New High Since Bitfinex Hack
Bitcoin has reached its peak since the Bitfinex hack incident happened around three months ago where approximately $72 million in bitcoin got stolen and let the bitcoin price crash end of July 2016.…
2016-10-19 14:11
Russia Testing Its Own Cryptobased Technology
Russia is known to be one of the most opposing countries towards cryptocurrencies but they seemed to have opened up to the idea of it as long as it is within their control.…
2016-10-12 05:45
Bitcoin's price is back on the upswing
Bitcoin's price deluged on 11th October during a sharp change in market confidence, at least that is how analysts call it.…
2016-10-10 07:05
The FBI is investigating a 1 3 million Bitcoin looting
An unnamed Bitfinex user alleged that funds were stolen from their account. The FBI is investigating the report. According to a report filed on 14th September, Cambridge resident stated that they lost $1,3 million in Bitcoin tied to the hack and subsequent $70 million theft from Bitfinex.…
2016-08-05 11:26
Another hack another crash Bitcoin makes a 12 percent nosedive
The price of one bitcoin has decreased by 12 percent, after it was annouced that the Hong Kong exchange Bitfinex was hacked. Over 120,000 bitcoins with a total value of more than $60 million was looted.…
2016-08-01 08:33
Bitcoin price drops 30 as miners meet bitcoin core developers
Yesterday, on July 31st, between 02:00 and 02:30 UTC, the price of one Bitcoin dropped from around $654 to $638 and hasn't recovered yet.…
2016-07-11 06:39
Bitcoin now a valid currency for cars
Initially bitcoin seemed like a hype for the elite, but the skepticism around the digital currency slowly begins to fade. More and more places accept the bitcoin as valid currency, even in places where you wouldn't expect it (yet). Since this month you can pay for your passport in Switzerland for example. The currency has also been introduced in the Netherlands to the car market.…
2016-07-11 05:08
Bitcoin mining less rewarding supply halved
The mining of bitcoins just got a lot harder this weekend: the reward for miners was halved yesterday. Where there were previously 25 bitcoins (approximately $16,000) to be mined every 10 minutes, there has now to be fought over 12.5. This measure automatically kicks in every four years as part of an attempt to curb inflation that would come from both a growing number of miners and ever-faster computers.…
2016-06-25 07:55
Bitcoin above 650 again after Brexit
The value of the Bitcoin has risen sharply as a reaction on Brexit, the “British exit” of the European Union. The course of one bitcoin is at this moment $678 and change.…
2016-06-23 12:39
53 million worth of digital currencies stolen from investment fund
The trust in cryptocurrencies has had a big punch after a hacker was able to abstract $53 million from the investment fund The DAO. DAO is short for 'decentralized autonomous organization'. Multiple experts wrote that the hack was possible thanks to a mistake in the code. The platform uses the digital coin ether, which is seen as the possible successor of bitcoin.…
2016-06-21 07:47
Self proclaimed founder of bitcoin attempts to patent bitcoin
It is still highly doubted whether or not Australian Craig Wright is the real founder of the bitcoin. Wright couldn't care less about what people believe or not. Earlier this year he claimed to be the founder of the bitcoin and right now he is attempting to patent his 'invention'.…
2016-06-15 13:00
WB21 first digital bank to accept deposits in bitcoin
Digital bank WB21 is the first of its kind to enable bitcoin deposits. Customers looking to transfer and deposit funds into their checking accounts from now on can do so in bitcoin.…
2016-06-13 16:19
Bitcoin competitor Ethereum rose 1 700 percent in value this year
The march of Ethereum seems unstoppable. The cryptocoin rose 1,700 percent in value this year and is, after the bitcoin, the most valuable digital currency in the world.…
2016-06-13 14:46
Marketable value Bitcoin transcends 10 billion
The total value of the digital currency bitcoin transcended past the $10 billion mark. The value of the currency saw a big rise last weekend.…
2016-06-01 09:51
E commerce portal in Indonesia enables payments by Bitcoins
E-commerce and digital payment platform KinerjaPay Corp, located in Indonesia, has enabled bitcoin payments for transactions on its platform. This is a scoop, no e-commerce platform in Indonesia before allowed bitcoin transactions.…
2016-06-01 04:20
Bitcoin price increases by 20% two reasons why
In the past five days the value of the cryptocurrency rose with 100$. On May 26 a bitcoin was sold for a little over 450$, five days later the price is suddenly 550$. What is the reason of this recent price increase?…
2016-05-07 05:09
'Inventor Bitcoin' doesn't want to deliver extra proof
Australian computerscientist Craig Wright waives of delivering definite proof to show he is the inventor of the Bitcoin. After years of speculations last Monday Wright admitted to different social media he is indeed the brains beheind the Bitcoin.…
2016-04-25 10:10
Bitcoin price sets new high for 2016
The Bitcoin price is pushing ceilings higher and higher. On April 20th, one Bitcoin was worth just under $436, and the price kept rising ever since. At the time of publishing, Bitcoin price was trading at $459.86, reaching a peak of $470.02 in the early hours of Monday.…
2016-04-21 10:11
Price of Bitcoin more stable than the price of gold
The value of a Bitcoin fluctuates less than the price of gold for three and a half weeks now, which is a new record.…

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