The price of bitcoin has shot above $50,000, taking it to its highest level since May.The cryptocurrency reached $50,419 on Monday morning, according to CoinMarketCap’s price index, amid a market-wide resurgence.Ethereum (ether), Cardano (ada) and Binance Coin were among other leading cryptocurrencies to experience significant gains in recent days.Cardano is currently trading at record-breaking levels…
A cryptocurrency firm that had $610m stolen from it has offered the hacker responsible a job as the company’s chief security adviser.Poly Network also proposed giving “Mr White Hat” a $500,000 “bug bounty” to return the hacked cryptocurrency, as well as inviting them to work for the company.“Poly Network no intention of holding #mrwhitehat legally…
Bitcoin rose to a three-month high this week following a price surge that built on impressive gains over the last few weeks.The cryptocurrency reached $46,735 on Wednesday, according to CoinMarketCap’s price index, before falling back below $45,000 on Thursday – still up by more than 50 per cent up since crashing below $30,000 in late…
Leading crypto exchange Coinbase has revealed SpaceX and Tesla both used its platform to purchase large sums of bitcoin.The companies, both led by Elon Musk, transferred some of their vast cash reserves into cryptocurrency earlier this year after concerns from the tech billionaire that fiat currency was not a good store of value.Follow all the…
In what could be one of the largest cryptocurrecny heists ever, hackers have stolen virtual currencies worth $600 million.Poly Network, a site which makes blockchains work together, said hackers had exploited a vulnerability in its system and took thousands of digital tokens from it.Blockchains are ledgers of financial activities on various cryptocurrencies are based, and…
Bitcoin is back on the ascendency, rising in price by more than 50 per cent over the last three weeks to pour cold water on fears that the market was heading towards a “crypto winter”.But the remarkable recovery to above $46,000 has left cryptocurrency analysts divided over which way bitcoin will head from here, with…
In what could be one of the largest cryptocurrecny heists ever, hackers have stolen virtual currencies worth $600 million.Poly Network, a site which makes blockchains work together, said hackers had exploited a vulnerability in its system and took thousands of digital tokens from it.Blockchains are ledgers of financial activities on various cryptocurrencies are based, and…
Bitcoin rose to a three-month high on Monday following a price surge that built on impressive gains over the last few weeks.The cryptocurrency reached $46,637 on Monday, according to CoinMarketCap’s price index, before falling back below $46,000 on Tuesday morning – still up by more than 50 per cent up since crashing below $30,000 in…
Twitter co-founder and CEO Jack Dorsey has claimed that bitcoin will “unite a deeply divided country” amid debate about a controversial crypto amendment on a $1.2 trillion infrastructure bill.The cryptocurrency has seen a resurgence in recent weeks, rising in price by more than $15,000 after crashing below $30,000 in July, however the amendment to the…
Bitcoin rose to a three-month high on Monday following a price surge that built on impressive gains over the last few weeks.The cryptocurrency reached $46,637 on Monday, according to CoinMarketCap’s price index, before falling back below $46,000 on Tuesday morning – still up by more than 50 per cent up since crashing below $30,000 in…