Bitcoin Price Jumped to a New Record High
For a long time, gold enjoyed the title of being the most valuable savings tool worldwide. Five months ago, Bitcoin’s price soared and it soon became as costly as gold. Last week, however, a significant change in Bitcoin’s price took place. It reached as high as $3,400, which is almost three times higher than an ounce of gold. According to a report by Bloomberg, the precious metal closed at $1,257, which is almost $2,000...
Bitcoin Cash: A New Version of Bitcoin Has Emerged
The last few months have seen a massive growth in the demand for Bitcoin, putting a serious strain on those who mine it. This high level of demand prompted the Bitcoin community to find the best alternative so that the currency can withstand this intense pressure. Last week, they found a solution when they forked the Bitcoin blockchain to come up with a new cryptocurrency known as Bitcoin Cash. Forking created a duplicate of Bitcoin...
Malta Now has a Bitcoin ATM
While cryptocurrency has been sweeping over the whole of the Western world over the past year, it was only a matter of time before it would hit the lesser-known parts of Europe. One such place is the picturesque archipelago of Malta. This sunny little nation has recently become an emerging market for the exchange and transactions of Bitcoin, and now Malta has established its first Bitcoin ATM, set up in Sliema. Local business leaders...
Swiss Bank Now Offers Bitcoin to its Customers
A few months ago, very few would have believed that Bitcoin, the most popular cryptocurrency to date, would be available for purchase through mainstream banking channels. But these developments are indeed emerging. A bank in Switzerland just announced that its clients will be able to make Bitcoin purchases using their cash deposits. The Falcon Private Bank also established an asset management team to manage its customers’ Bitcoin...
Bitcoin News: South Korea Bitcoin Exchange Hacked
Bithumb, one of the biggest Bitcoin exchanges located in South Korea, has been hacked. Data from more than 30,000 customers has been compromised by the latest attack. South Korea is among the top Bitcoin trading countries of the world. The Internet Security agency is conducting an investigation into the matter, as many customers have claimed that they lost their money. The KISA, Korea Internet and Security Agency, is probing the...
