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After dizzying gyrations, what's bitcoin really worth?

Joseph Sotinel, Agence France-Presse
Posted at Jan 17 02:06 PM

After the latest wild ride took the poster child of cryptocurrencies above $40,000 before a stomach-churning plunge, the million dollar question won't go away: how much is bitcoin actually worth? Read more »

Cancel your weekends! Bitcoin doesn't rest, and neither can you

Tom Wilson and Anna Irrera, Reuters
Posted at Jan 11 03:17 PM

Trading volumes across six major cryptocurrency exchanges have been 10% higher at weekends than weekdays in that period, data from researcher CryptoCompare shows. Read more »

A year into COVID-19, UN declares a day of 'epidemic preparedness'

Reuters
Posted at Dec 08 05:55 AM

NEW YORK - A year into a global battle against the coronavirus, the United Nations General Assembly on Monday declared Dec. 27 will be the "International Day of Epidemic Preparedness" in a bid to ensure lessons are learned for any future health crises. Read more »

Crypto exchange Coinbase hit by connection, latency problems as bitcoin plummets

Tom Wilson, Reuters
Posted at Nov 27 02:24 AM

LONDON - Cryptocurrency exchange Coinbase said on Thursday its retail and professional-focused platforms were hit by tech problems, with users reporting difficulty trading as bitcoin plunged towards its biggest one-day drop since September. Read more »

Bitcoin climbs towards all-time high after topping $19,000

Saikat Chatterjee and Tom Wilson, Reuters
Posted at Nov 24 10:25 PM

Fuelling its rally has been the demand for riskier assets amid unprecedented stimulus programs to counter the COVID-19 hit. Read more »

Virtual gold? Bitcoin's rise sparks new debate amid pandemic

Joseph Sotinel, Agence France-Presse
Posted at Nov 08 12:57 PM

Bitcoin's rally above $15,000 has reignited debate over whether the cryptocurrency is so-called digital gold or a perilously risky bet as investors grapple with the coronavirus pandemic. Read more »

Cambodia officially launches digital currency backed by central bank

Kyodo News
Posted at Oct 28 09:52 PM

Cambodia officially launched on Wednesday a central bank-backed digital currency that draws on blockchain technology designed by a Japanese company.   Read more »

BSP 'unlikely' to issue own digital currency under Gov. Diokno's term

ABS-CBN News
Posted at Oct 22 05:25 PM

Bangko Sentral ng Pilipinas Governor Benjamin Diokno said Thursday its unlikely for the Central Bank to issue its own digital currency during his term. Read more »

US central bank unveils alternative to Facebook's Libra

Agence France-Presse
Posted at Aug 07 09:19 AM

Noting security concerns posed by Facebook's digital currency Libra, the Federal Reserve on Thursday revealed details of its own instant payments system. Read more »

Suspected US teen mastermind pleads not guilty to Twitter hack

Agence France-Presse
Posted at Aug 05 08:11 AM

WASHINGTON - The suspected teenage mastermind of a huge Twitter hack pled not guilty Tuesday to allegations he hijacked celebrity accounts to swindle people out of more than $100,000 in a cryptocurrency scheme. Read more »

US charges 2 Chinese nationals with helping N.Korea steal millions in cryptocurrency

Josh Smith, Reuters
Updated as of Mar 03 09:49 PM

Globally, the virus has killed more than 3,100 people and infected over 90,000 even as a clear shift in the crisis emerges, with nine times as many new cases recorded outside China as inside, according to the World Health Organization. Read more »

US SEC out for justice over Steven Seagal's cryptocurrency marketing

Chris Prentice, Reuters
Posted at Feb 28 06:40 AM

WASHINGTON (Reuters) - Steven Seagal, the star of action movies including “Above the Law” and “Out for Justice,” has agreed to pay $314,000 to resolve charges of “unlawfully touting” a cryptocurrency offering, the U.S. securities regulator said on Thursday. Read more »

Bitcoin loses steam, keeps love from cybercriminals

Nathaniel Popper, The New York Times
Posted at Jan 29 08:44 AM

The continuing growth of illegal transactions underscores the difficulties that Bitcoin has had in moving past its reputation as a refuge for scoundrels, even as Wall Street institutions have begun buying and selling the digital tokens. Read more »

Maduro bids to revive Venezuela's 'petro' cryptocurrency

Agence France-Presse
Posted at Jan 15 08:20 AM

CARACAS, Venezuela - President Nicolas Maduro on Tuesday decreed that airlines flying from Caracas must pay for fuel in Venezuela's ailing "petro" cryptocurrency, which he ordered to be more widely used in the cash-strapped South American country. Read more »

Cryptocurrency investors want dead executive exhumed

Liam Stack, The New York Times
Posted at Dec 18 08:16 AM

After Gerald W. Cotten died last year, his clients at the cryptocurrency exchange Quadriga CX found themselves unable to gain access to at least $250 million in their accounts. The company’s operations were encrypted, and he was the only person who knew the passwords needed to move the funds, the company said.   Read more »

US arrests 3 in alleged $722-M cryptocurrency fraud

Agence France-Presse
Posted at Dec 11 07:10 AM

US authorities arrested 3 men in an alleged fraud that raised $722 million from investors lured by fake bitcoin mining earnings, the Justice Department announced Tuesday.   Read more »

Singapore proposes to regulate bitcoin futures

Reuters
Posted at Nov 20 07:08 PM

Singapore's central bank plans to bring bitcoin and other similar cryptocurrency futures traded on approved exchanges under its regulation in response to interest from international institutional investors, it said on Wednesday. Read more »

China seen advancing in race for blockchain supremacy

Tom Wilson, Reuters
Posted at Oct 30 10:10 PM

Calls by China's president to put blockchain at the heart of the country's innovation could tip the scales towards Beijing in the global race to lead in the fledgling technology, analysts and investors said.   Read more »

Bitcoin holds ground after China voices support for blockchain

Tom Wilson, Reuters
Posted at Oct 28 07:26 PM

Bitcoin held ground on Monday near a one-month high scaled over the weekend after China's President Xi Jinping said the world's second biggest economy should accelerate the development of blockchain technology. Read more »

Facebook's Marcus says Libra won't be controlled by a single company

Agence France-Presse
Updated as of Oct 21 08:28 AM

Facebook executive David Marcus on Sunday tried to calm the fears of officials threatening to block its proposed digital currency, saying Libra won't be controlled by a single company.  Read more »