Bitcoin prices rose sharply yesterday after months of downfall, showing that bullish sentiment has returned to the digital currency markets. “The bulls are back in charge,” said analyst Charles Hayter, who pointed to Bitcoin’s robust intraday gain and a short squeeze taking place on Bitfinex. The world’s largest cryptocurrency reached $8,055.20, climbing almost 20% in less than six …
Bitcoin holders may have gotten a brief reprieve earlier this month after a rough January, but it didn’t last long. The top digital coin fell as much as 12 percent Wednesday, whipsawing investors who were just starting to take a deep breath after last month’s market rout. Other tokens have also suffered declines in the …
According to a report by software security company, Kaspersky Lab “Bitcoin” and “FIFA 2018” were the top spam and phishing topics used to scam online users in 2017. The company’s “Spam and phishing in 2017” report revealed that cybercriminals have, over the past 12 months, been following the global agenda and used hot topics to …
Some people think bitcoin’s spectacular price rise last year was manipulated by a cryptotoken called Tether that’s supposed to be pegged to the US dollar. Now, an anonymous report answers the question: What would bitcoin be worth without Tether? The answer: around $4,500, based on the current bitcoin price of about $7,600. Tether is a …
John McAfee has doubled down on his confidence in bitcoin by stating his belief it will be worth $1 million by the end of 2020. Bullishly, the controversial businessman said he will eat his own manhood if the cryptocurrency fails to perform to that level. The founder of the eponymously named security software, McAfee has …
The More than $140,000 bitcoin ransom money from the wide WannaCry cyberattack have sat untouched in online accounts but it seems to have been emptied. The digital currency bitcoin has been moved three accounts linked to the ransomware virus that hit hundreds of thousands of computers around the world in May. The person behind the …
Word that Russian hackers posted nearly 5 million Gmail usernames and passwords to a shadowy bitcoin forum pushed much of the Internet into a panic Wednesday. Many of Google’s hundreds of millions of users scrambled to see if they were among those victimized, though that very act was a risk because of the number …
The Bitcoin community has been angrily pressing for details on what the Bitcoin exchange Mt. Gox has described as a massive hacker attack that stole hundreds of millions of dollars worth of its users’ bitcoins and left the company bankrupt. Mt. Gox’s staff isn’t talking. So another group of hackers say they’ve broken into the …