HashFlare

Posts Tagged Fortune


Trader Is Charged With Stealing Millions Worth of Bitcoin to Cover His Own Losses – Fortune

Fortune Trader Is Charged With Stealing Millions Worth of Bitcoin to Cover His Own LossesFortuneA Chicago trader working for Consolidated Trading LLC faces charges he stole $ 2 million in cryptocurrencies from his firm to cover his losses and then lied about it to cover gambling debts. Joseph Kim, 24, was charged with one count […]

Read More...

Litecoin Is Now a Surprise Favorite of Criminals Tired of Bitcoin – Fortune

Fortune Litecoin Is Now a Surprise Favorite of Criminals Tired of BitcoinFortuneBitcoin, which has for years been the currency of choice on the so-called dark web, is falling out of favor among criminals. This is not surprising given bitcoin's sluggish processing times, and law enforcement's growing ability to track its …Litecoin Cash?: It's Coming, and […]

Read More...

Bitcoin Newbies Are Getting Crushed | Fortune – Fortune

Fortune Bitcoin Newbies Are Getting Crushed | FortuneFortuneFor Bitcoin investors, these are the times that try one's soul.Bitcoin newbies are getting crushed while old timers bemoan 'weak hands'Economic TimesBitcoin newbies getting crushed as old timers pledge to HODL …Moneyweb.co.zaBitcoin biggest bubble in history, says economist who predicted …The Guardianall 32 news articles » bitcoin – Google […]

Read More...

UBS Chairman Warns of ‘Massive’ Potential Drop in Bitcoin – Fortune

Bloomberg UBS Chairman Warns of 'Massive' Potential Drop in BitcoinFortuneBanking executives across Europe have expressed doubts about the cryptocurrency as an investment. Bitcoin is a “fake” currency and governments can't accept a growing market of money not printed by a country, Russia's VTB Bank PJSC management board …UBS Chairman Says a 'Massive' Bitcoin Correction Is […]

Read More...

Bitcoin Consumes 30 Times More Electricity than Tesla Cars – Fortune

Fortune Bitcoin Consumes 30 Times More Electricity than Tesla CarsFortuneAs Bitcoin's price has soared, so too has the energy consumption to produce it—to the point that Bitcoin mining now guzzles more electricity than all the electric cars in the world. In 2018, Bitcoin's power demand is set to more than triple, consuming …Chinese bitcoin miners […]

Read More...

Breaking Bitcoin With a Quantum Computer – Fortune

Fortune Breaking Bitcoin With a Quantum ComputerFortuneAlex Beath, a Toronto-based physicist and pension fund analyst, is skeptical about Bitcoin but sees one useful purpose for the crypto-currency: It may detect when someone creates a working quantum computer. “The second someone creates a viable quantum … bitcoin – Google News

Read More...

Bitcoin Looks Like it’s Shaking Off its Holiday Hangover – Fortune

Fortune Bitcoin Looks Like it's Shaking Off its Holiday HangoverFortuneBitcoin rallied past $ 15,000 on Tuesday as traders of the world's biggest digital currency sought to draw a line under its roller coaster five-day slump. The tokens rose 10 percent to $ 15,116.50 as of 11:26 a.m. in London, the biggest gain on a closing […]

Read More...

Bitcoin Is a ‘Toxic Concept for Investors,’ Yale Economist Warns – Fortune

Bitcoin Is a 'Toxic Concept for Investors,' Yale Economist WarnsFortuneAdd another voice to the chorus calling bitcoin a dangerous bubble: that of Yale University senior fellow Stephen Roach. Roach, who also used to be Morgan Stanley's Asian chief, told CNBC that the cryptocurrency was a “dangerous speculative bubble by …and more » bitcoin – Google News

Read More...

5 Bitcoin Rivals That Are Rapidly on the Rise – Fortune

Fortune 5 Bitcoin Rivals That Are Rapidly on the RiseFortuneBitcoin prices peaked at an all-time high of over $ 11,800 Sunday in one of the most dramatic value surges of any asset in living memory. Today's prevailing digital currency was worth just $ 12 in 2013, and has at times been dismissed as an internet […]

Read More...

Bitcoin Is Very Close to Crossing This Major Milestone – Fortune

Fortune Bitcoin Is Very Close to Crossing This Major MilestoneFortuneLast week, former hedge fund manager Mike Novogratz predicted bitcoin would cross the $ 10,000 mark by the end of this year (it was worth around $ 8,300 at the time). And venture capitalist Tim Draper made the same prediction three years ago, when it was …Next […]

Read More...