Newport Woman Accidentally Discards Ex-Boyfriend’s £627M Bitcoin Fortune In Landfill
Almost a decade ago, Halfina Eddy-Evans’s ex-boyfriend asked her to dump his unwanted belongings in a tip site in Newport, Wales. The items included a hard drive with a passkey to 8,000 Bitcoins.
What are the potential challenges that cryptocurrencies might face in the future?
Industry giants like China have made significant progress in developing its digital yuan, aiming to enhance financial inclusion and promote the use of digital currencies.
Bank of England and HM Treasury considers ‘digital pound’
Declining cash usage fuels current Bank of England and HM Treasury consultation on a new ‘digital pound’ before the end of this decade.
Fintechs fail to make a dent in Mexico as cash remains king
Fintech users still need to link their digital accounts to licensed banks, requiring a visit to traditional brick-and-mortar branches
Facebook’s crypto project Diem sold after pushback
After the defection of several major partners such as PayPal, Visa and Mastercard, the organization scaled back its ambitions
China gives away £1.1 million worth of digital currency to 50,000 citizens via lottery
Winning lottery entries received digital red packets each containing 200 yuan (£23) which can be downloaded and used in over 3,000 stores.
Digital euro: European Central Bank considers shifting to digital currency in the future
There are two systems being considered for the digital currency, and the ECB has not committed “to a specific design” just yet.
Facebook creates unit devoted to financial services
Noting security concerns posed by Facebook’s yet-to-be-launched digital currency Libra, the Federal Reserve last week revealed plans for its own instant payments system.
How to start investing in a cashless society
The world is rapidly transitioning to a digital global economy. Here’s how investors can cash in on the cashless trend in 2019.
Salon to readers: Let us use your PC to mine cryptocurrency in exchange for an ad-free website
“Salon never has access to your personal files or information during this process,” the media site notes.
Is bitcoin doomed? Price may soon crash to $1,000, Wall Street veteran warns
Despite a rapid rise in value over the past year, the price of bitcoin could fall to $1,000 per coin in the next 12 months, a major Wall Street investment chief has warned.
The bitcoin resurgence? Cryptocurrency bouncing back after 48 hours of ‘carnage’
Popular digital currency appears to rise in value after chaotic start to 2018 and particularly rough 48 hours.
Popular Chrome extension with over 105,000 users found secretly mining cryptocurrency
Users of the popular Chrome extension Archive Poster reported observing the change around the beginning of December.
Cryptocurrency ‘arms race’ is brewing with return of browser-based cryptomining, new malware attacks
Symantec has warned that user interest, paired with detection by security firms, will “trigger a new arms race between cybercriminals and defenders”.
The founder of bitcoin rival ‘litecoin’ just sold his entire litecoin stash – here’s why
Charlie Lee, the creator of the cryptocurrency litecoin (LTC), claims to have sold all of his digital reserves to silence naysayers who accuse him of conflicts of interest.
Russian pipeline giant Transneft’s computers hit with malware that covertly mined cryptocurrency
Russian authorities are currently working to create a legal framework to regulate virtual currencies as their value and interest continues to boom.
‘A matter of survival’: Starving Venezuelans turn to bitcoin but face bribes and extortion
As Venezuela’s national currency loses value at a catastrophic rate, thousands of ordinary but desperate people turn to the world of cryptocurrency.
‘Nothing is free’: Starbucks’ WiFi hijacked customers’ laptops to secretly mine cryptocurrency
Numerous companies and websites have been found running similar code on their own sites to covertly generate digital currencies as an alternative to advertising.
Bitcoin traders beware: Hackers using fake Gunbot tool to deploy Orcus RAT in new phishing campaign
The trojan’s varied capabilities include disabling the light indicator on the webcam and even triggering the Blue Screen of Death if anyone tries to shut down the process.
What is Bitcoin and how is it created? A quick guide to the cryptocurrency craze
As the price of the world’s most popular virtual currency keeps surging — to a record $17,000 on Thursday — here’s a quick look at what it is and how it is “mined.”
Venezuela’s latest answer to 4,000% inflation – Bitcoin-like digital currency
President Nicolas Maduro announces his socialist government would launch its own cryptocurrency to beat US-led sanctions.
Cryptocurrency apps with millions of downloads are exposing your data to hackers
Some of the most popular cryptocurrency apps on Google Play, the official Android marketplace, have severe security issues that could leave online currency open to hacking.
CryptoRuble: Russia may soon launch its own cryptocurrency that could be tracked by the Kremlin
Last week Russia reportedly took steps to ban cryptocurrency websites as Putin warned of risks associated with digital currency.
Hackers covertly hide code on Politifact to hijack your PC, secretly mine cryptocurrencies
CoinHive has been used by some websites to generate digital currencies as an alternative to advertising.
Russia takes steps to ban cryptocurrency websites after Putin warns of ‘serious risks’
Cryptocurrency like Bitcoin, built on the foundation of blockchain technology, is bought and sold online without the need for traditional banks.
What’s happening to bitcoin in China? Markets close as Beijing plans total trading ban
BTC China, Huobi and OKCoin shut as authorities mull over “comprehensive” crackdown.
Warning: Bitcoin network disruption imminent as cryptocurrency splits
Bitcoin users are warned to stop accepting payments at least a day before 1 August to prevent losses.
Hackers steal ‘billions’ from huge South Korean ethereum and bitcoin exchange
Bithumb hacked: Exchange claims employee’s PC exposed personal customer records.
Fifty years of the ATM: How long can cash survive in a digital world?
The amount of cash in circulation in the UK is worth £70bn, compared to £2.9bn when the ATM was first introduced.
Ethereum stock exchange Coinbase is reimbursing losses caused by a flash crash
Within seconds the price of Ethereum crashed from $320 to $0.10 due to a multi-million dollar sell order.