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Bitcoin ‘fascinating’ because perception of risk and the economy is changing, fund manager says – CNBC

CNBC Bitcoin 'fascinating' because perception of risk and the economy is changing, fund manager saysCNBCPeople are pouring money into bitcoin and other cryptocurrencies because they are more willing to take risks in a benign economic environment, according to a fund manager. "To me, the big issue in markets is actually we have been in denial […]

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Bitcoin is a ‘speculative bubble’ and unlikely to become a real currency, UBS says – CNBC

CNBC Bitcoin is a 'speculative bubble' and unlikely to become a real currency, UBS saysCNBCCryptocurrencies like bitcoin are in a "speculative bubble" and are unlikely to become mainstream currencies, according to UBS. There are over 1,000 cryptocurrencies, bitcoin being the biggest by market capitalization, and many have seen huge rises in …Wall Street's dismissal of bitcoin […]

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Julian Assange Says He’s Made a 50000% Return on Bitcoin – Fortune

Fortune Julian Assange Says He's Made a 50000% Return on BitcoinFortuneAssuming Wikileaks invested in bitcoin and did indeed receive over 50,000% returns, Assange would have received about $ 50,000 for each dollar invested. So had he indeed put that entire 800,000 euros into the cryptocurrency, it would be the equivalent …WikiLeaks founder Assange claims he […]

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Everyone Says Bitcoin Is Back. But It Never Really Left – WIRED

WIRED Everyone Says Bitcoin Is Back. But It Never Really LeftWIREDThen the price dropped again, and some said it had climbed so high only because of some bitcoin-powered Chinese pyramid scheme. Yesterday, the price stood at $ 311. That's about $ 800 below its high point in late 2013, just before Mt. Gox, the world's … […]

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Coinbase’s Fred Ehrsam says bitcoin still seeks ‘killer app’ – FT.com – Financial Times

Coinbase's Fred Ehrsam says bitcoin still seeks 'killer app' – FT.comFinancial Times“In 10 years I think we are going to be sitting here and the internet will look a lot prettier because bitcoin came into existence,” says the 27-year-old co-founder of Coinbase, a San Francisco-based bitcoin company that has attracted more than $ 100m … […]

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This Man Says He Can Save Reddit With the Spirit of Bitcoin – Wired

MarketWatch This Man Says He Can Save Reddit With the Spirit of BitcoinWiredBlockchain, a database which notably serves as bitcoin's distributed public ledger, is cryptographically secured against revisions. That hardening means no one can manipulate existing content within the system, which could be theoretically distributed …Bitcoin Spam Attack Now Targets WikiLeaksnewsBTCCreator of surging Reddit rival […]

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Deals in dark helped bitcoin take off, says chief scientist – Reuters

Reuters Deals in dark helped bitcoin take off, says chief scientistReutersAndresen, a self-confessed "all-around geek", is chief scientist at the Bitcoin Foundation, a non-profit group he helped set up three years ago to support and promote the digital currency. The original "cryptocurrency", bitcoin is increasingly accepted …Grey area deals helped bitcoin take off – chief […]

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Mt Gox Depleted of Bitcoins by 2013 Says New Wizsec Report

Mt Gox had been depleted of most of its bitcoin by 2013 according to a new report from Wizsec, the Tokyo based bitcoin security firm, which has been conducting an ongoing unofficial investigation into Mt Gox\’s collapse. The theft had been ongoing since 2011 and many of the missing bitcoins were stolen straight out of […]

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Kraken Says DDoS Attack Took Bitcoin Exchange Offline

San Francisco-based Bitcoin exchange, Kraken, experienced unexpected downtime today due to a Distributed Denial of Service (DDoS) attack on their site. Whether or not the attack was malicious or due to a recent influx of users is unknown. According to the Kraken support account on Reddit, the company was working to resolve the issue only […]

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