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Insane

Man who accidentally trashed hard drive loaded with bitcoins offers $70 million to excavate landfill

A British man who accidentally threw a hard drive loaded with bitcoin into the trash has offered the local authority where he lives more than $70 million if it allows him to excavate a landfill site. IT worker James Howells got rid of the drive, which held a digital store of 7,500 bitcoins, between June […]

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Business World

Bitcoin soars past $40,000 for the first time, doubling within 23 days

Bitcoin fell more than 5% on Friday, a day after topping $40,000 for the first time. The world’s most popular digital currency slid to as low as $36,618.36 on Bitstamp exchange, after reaching an all-time high of $40,402.46 in the previous session. Rival cryptocurrency ethereum sank more than 10% to as low as $1,064.89. Bitcoin […]

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Business World

Bitcoin hits another high of $38,400 showing no sign of stopping

Bitcoin hit a record high of $38,400 on Sunday as investors continue to bet on the world’s most popular digital currency. The latest milestone comes less than three weeks after it crossed $20,000 for the first time on December 16. The currency surged over 800% since mid-March 2020. With bitcoin’s supply capped at 21 million, […]

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Business

Bitcoin surpasses $28,000 mark and $500 billion market value as it shows no sign of stopping

Bitcoin surpassed the $28,000 mark as it shows no sign of stopping. The digital currency has a market value over USD$ 500 billion. It’s worth more than Visa or Mastercard or Walmart. Bitcoin passed the $20,000 mark or the first time just 11 days ago. Now inching towards $30,000. Investors are pouring money into bitcoin […]

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Business

Pandemic pushes Bitcoin to record HIGH of $19,864 against dollar amid increasing demand

Bitcoin cryptocurrency hit a record high against the dollar as its 2020 rally steamed ahead, boosted by increased demand from both institutional and retail investors that saw the virtual currency as a safe-haven and a hedge against inflation. The digital unit touched an all-time peak of $19,864.15, breaking its prior record set nearly three years […]

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Tech World

Twitter Bitcoin Hackers Looted $117,260.69

The “co-ordinated” Twitter Bitcoin hackers looted $117,260.69 by posting spam messages on popular twitter accounts. The messages invited payments to a Bitcoin address with the promise of doubling the amount in return. According to Blockchain.com tracking the BTC account, as much as $117260.69 (that is 12.86252562 BTC) has been received and much of it has been […]

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Tech World

Twitter accounts hacked in cryptocurrency scam

The Twitter accounts of Barack Obama, Joe Biden, Bill Gates, Elon Musk, Jeff Bezos,  Mike Bloomberg, Kim Kardashian West, Warren Buffett, Kanye West and official accounts of Uber and Apple were among the tens of high-profile accounts that were hijacked on Wednesday. These accounts  requested donations in the cryptocurrency through a link. Twitter said it was […]

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Business

Supreme Court lifts RBI ban on trading in cryptocurrency

The Supreme Court on Wednesday lifted the ban imposed by the Reserve Bank of India (RBI) on trading in cryptocurrency such as the Bitcoin. The development came as a major relief for the sector, as the RBI ban restricted lenders from facilitating banking transactions for cryptocurrency exchanges and traders. The top court’s order followed a […]