WHAT IS BITCOIN
Bitcoin
A type of cryptocurrency, Bitcoin is a digital currency created in January 2009 following the housing market crash. Bitcoin offers the promise of lower transaction fees than traditional online payment mechanisms and is operated by a decentralised authority, unlike government-issued currencies. There are no physical bitcoins, only balances kept on a public ledger that everyone has transparent access to, that – along with all Bitcoin transactions – is verified by a massive amount of computing power. Balances of Bitcoin tokens are kept using public and private "keys," which are long strings of numbers and letters linked through the mathematical encryption algorithm that was used to create them.
BITCOIN NEWS
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PayPal users can hold virtual coins, shop using cryptocurrencies
The new service makes PayPal one of the largest US companies to provide consumers access to cryptocurrencies| October 21, 2020, Wednesday -
Singapore Exchange aims to become Asia's benchmark for bitcoin pricing
SGX's iEdge Bitcoin Index and iEdge Ethereum Index will use inputs from exchanges determined by CryptoCompare| September 04, 2020, Friday -
From Minecraft trick to Twitter hack: A Florida teen's troubled online path
The teenage 'mastermind' of the recent Twitter breach, who had a difficult family life, poured his energy into video games and ...| August 03, 2020, Monday -
The big hack
Some people fell for the scam and transferred bitcoins equivalent to about $120,000 to the referred wallets| July 17, 2020, Friday -
Twitter hack hits Obama, Biden, Musk in Bitcoin scam; stock sinks
Others whose Twitter accounts were caught up in the security incident included Bill Gates, Elon Musk, Kanye West, Uber ...| July 17, 2020, Friday -
Rajasthan crisis LIVE: Ashok Gehlot to address media at 9 am in Jaipur
Petition filed in Rajasthan HC on behalf of Sachin Pilot camp over disqualification notice from Assembly speaker. Stay tuned with ...| July 16, 2020, Thursday -
Twitter handles of Obama, Biden, Musk hacked to solicit digital currency
Twitter prevents at least some verified accounts from publishing messages after 'worst hack of a major social media platform'.| July 16, 2020, Thursday -
Expecting a spike in bitcoin price? Investors say it may take time
There were some expectations that bitcoin would soar, similar to what happened after the two previous adjustments as the ...| June 05, 2020, Friday -
Bitcoin goes through third 'halving', falls vs USD; outlook remains upbeat
Monday's "halving" cuts the rewards given to those who "mine" bitcoin to 6.25 new coins from 12.5. The next halving will be in ...| May 12, 2020, Tuesday -
Bitcoin 'halving' to shore up market value with steady demand: Experts
The previous events fueled huge rallies in bitcoin's market value, but there is a wildcard this time in the form of the ...| May 09, 2020, Saturday
