Bitcoin

Bitcoin
Bitcoin Mining Puts Crimp In Quebec’s Energy Capacity
January 22, 2018

Hydro Québec, the largest utility in Canada, is being forced to review its energy strategy amid the surging demand caused by mining of digital currencies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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Three Crypto Operators Sued By US Regulator
January 19, 2018

In the latest sign of regulatory action in the virtual currency realm, the Commodity Futures Trading Commission (CFTC) has filed a lawsuit against three virtual currency operators, with allegations that the trio had defrauded customers. Get the Full Story Complete the form to unlock this article...

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Bitcoin Daily: South Korea Officials Traded Bitcoin Before Ban
January 19, 2018

In what could be the largest investment of its kind in a blockchain-related firm, a French startup that makes hardware wallets for cryptocurrencies has raised $75 million in a Series B round of funding, CNBC reported. The investment surpasses funding for BitGo and blockchain, which achieved...

Bitcoin
As Bitcoin Swoons, Might Hacking Balloon?
January 19, 2018

Prices go up and prices fall and cryptos capture the imagination of traders, investors…and hackers. As 2018 gets underway, beware the risks beyond trading frenzies – such as being duped by the bad guys, who make off with the digital goods or stage phony IPOs,...

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South Korea Crypto Ban? No Sweat, Say Traders
January 18, 2018

The looming specter of regulatory crackdowns in South Korea on bitcoin and other cryptocurrencies may leave one population collectively shrugging: crypto traders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

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Bitcoin Daily: Bitcoin Crashes, Tether Rises
January 18, 2018

As bitcoin crashed Wednesday, one cryptocurrency remained surprisingly stable. Tether prices have stayed steady since Tuesday, after reaching an all-time high of $1.07 (£0.78) just after 3 a.m. on Wednesday, Express reported. Remarkably, Tether’s market capitalization also gained more than $100 million on Tuesday in...

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Bitcoin Plunges Over 50 Percent From Peak
January 17, 2018

Bitcoin took a tumble on Wednesday, dropping as much as 20 percent and dipping below the $10,000 mark, Reuters reported. By early evening, however, the currency had rebounded, hitting $11,153.21 at 5:25 P.M. according to CoinDesk. Get the Full Story Complete the form to unlock...

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Bitcoin Daily: Cryptocurrency Loses $100B, BitConnect Shutters Exchanges
January 17, 2018

It seems that North Korean hackers have moved on from movies … to cryptocurrency. The same North Korean hacking group involved with the data theft at Sony Pictures Entertainment was behind attacks on South Korean cryptocurrency users and exchanges last year, U.S.-based researchers said. Get the Full...

Bitcoin
Crypto Crash Busts The Price Of Bitcoin
January 17, 2018

What goes up must come down — and yesterday, it seemed it was cryptocurrency’s turn to take a dance with gravity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...