World
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CBOE’s page crashed due to Bitcoin futures launch
The Chicago Board Options Exchange (CBOE), webpage and online trading platform became unavailable; just as it launched its first Bitcoin futures contracts, because of unexpected spike and demand in volume. According to Tokyo-based technology journalist Yuji Nakamura, CBOE Bitcoin futures processed $401,600 worth of trades within the first 20 minutes. Price of Bitcoin suddenly jumped […]
The latest update for NiceHash hack
NiceHash is a Slovenian company which was established in 2014. As you probably already heard their system was hacked, 4 700 Bitcoins were stolen – this is currently $ 77 597 000. NiceHash has a lot of users and supporters, they are a successful company. Because of that, they became a target for hackers, but they […]
Interview with Datafund
Datafund was one of the teams that participated in Cofound.it playoffs. They are Slovenian team. We can call their product “freedom of the mind”, their idea is to take control over personal data. This project is about private and personal data. It allows companies or individuals to decide which kind of data about them is […]
Attackers in Germany demand ransom in Bitcoins
The blackmailing of a parcel bomb forced the evacuation of a Christmas market in Germany. The bomber sent a message to delivery firm- DHL, demanding a ransom of €10 million in Bitcoins. The bomb was made with explosive powder from Polish fireworks, screws, nails and a detonator. The bomb was addressed to a pharmacy next to the […]
NiceHash wallets were hacked
The cryptocurrency mining marketplace – NiceHash was a victim of hackers yesterday. The hackers emptied NiceHash wallets. Posting on social media, NiceHash said that “there has been a security breach involving NiceHash website” resulting in a loss of funds. NiceHash exists since 2014 and it serves as a marketplace for miners to rent out their hash […]
Indonesia’s Central Bank will ban cryptocurrencies
Indonesia’s Central Bank is drawing up regulation to ban on all forms of cryptocurrency; their trading and their usage in transactions as payments, according to Agus Martowardojo – the governor of the central bank. According to the local publication, the central bank official made the revelation during the central bank’s annual meeting last week, claiming […]
Bitcoin mining uses enormous amount of electricity
Mining is just like any industry, it consumes power to unlock virtual currency. There are a lot of miners all around the world. And their number is going to increase in next few years; because Bitcoin and other cryptocurrencies are more and more popular every day As it stands, Bitcoin mining is a lucrative operation. […]
Trump is thinking about regulating Bitcoin
As Bitcoin and other cryptocurrencies continue to increase in both value and popularity, national governments are starting to scrutinize them more. Case in point is that the Trump administration may be considering regulating Bitcoin. The last year has been an exciting one for cryptocurrency, especially Bitcoin. The digital currency has skyrocketed in value, with no […]
You can pay your rent with Bitcoin
With the recent rise of cryptocurrency popularity, a rental company has decided to implement Bitcoin payments into its online platform. Cryptocurrencies are mainly used for trading and investing. But experts believe that as the number of cryptocurrencies users rises; more and more businesses will start accepting digital currencies as payment forms. People can already make purchases […]
Is buying Bitcoin at high prices really risky?
The vice president of the European Central Bank (ECB) has said that investors are taking a ‘risk’ by buying bitcoin at its high price. Speaking to CNBC on Wednesday, Vitor Constancio, said: It’s a very particular asset, it’s a speculative asset by definition looking to the developments in its price. Investors are taking that risk of buying at […]