Month: December 2017

What the rich and famous have to say on Bitcoin

Bitcoin has seen its value surged by almost $3,000 since the beginning of this week. In volatile Asian trading on Friday, Bitcoin dropped below the $15,000-level after touching a record high above $16,000 earlier in the session. As investors debate about whe…

Security fears as hackers steal $70m of bitcoin

Hackers have made off with millions of dollars of bitcoin from a leading mining service. The Slovenian cryptocurrency mining marketplace NiceHash lost about $70m (€59m) of bitcoin in a hack on its payment system on Wednesday.

Flying for the Holidays? This Airline is Accepting Bitcoin and Ethereum

As the number of Bitcoin and cryptocurrency users is steadily increasing, one airline is planning to offer payment options in both Bitcoin and Ethereum. Shopping with Bitcoin Bitcoin and other cryptocurrencies may currently be mostly used for investment purpo…

How to get rich off bitcoin – or lose it all while trying

To paraphrase Ronald Reagan, “Here we go again.”Bitcoin is on everyone’s lips this week and the price has gone nuts – shooting past US$17,000 ($24,850) per bitcoin in Thursday’s trading. It has rocketed up US$5,000 ($7,309) in…

Bitcoin ATM? In a Kwik-E-Mart?

OK, I do not understand Bitcoin and how normal people who are not setting up a murder-for-hire even use it. I’m picking up some candy at the local gas station/ convenience store, and they have a Bitcoin machine. Like an ATM, but for cryptocurrency? It takes c…