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Bitcoin (BTC) is known as the first open-source, peer-to-peer, digital cryptocurrency that was developed and released by a group of unknown independent programmers named Satoshi Nakamoto in 2008. Cryptocoin doesn’t have any centralized server used for its issuing, transactions and storing, as it uses a distributed network public database technology named blockchain, which requires an electronic signature and is supported by a proof-of-work protocol to provide the security and legitimacy of money transactions. The issuing of Bitcoin is done by users with mining capabilities and is limited to 21 million coins. Currently, Bitcoin’s market cap surpasses $138 billion and this is the most popular kind of digital currency. Buying and selling cryptocurrency is available through special Bitcoin exchange platforms or ATMs.

Bitcoin Burglar Hits Brentwood Village Bakery

A bakery break-in and the guy went straight for the dough. But it wasn’t the kind of cash machine most are used to. This one is for bitcoin. Security...

Coinbase closes Chicago operations

Popular cryptocurrency exchange, Coinbase are closing down their Chicago operations. The office in Chicago was reportedly set to be planned on hiring as many as 100 people according to reports...

What Can We Learn From Bitcoin’s Birthday Bank Run?

As most of you will probably know, yesterday marked the 10th anniversary of the mining of Bitcoin’s genesis block. Many Bitcoin proponents mark this as the birthday of the digital asset itself.

UK Crypto Exchange Coinfloor to Launch Trading of Physically Delivered Bitcoin Futures

CoinfloorEX, a unit of the United Kingdom cryptocurrency exchange Coinfloor, has been reorganized to offer trading of physical Bitcoin futures on the Asian market. The CEO of the company has revealed this...

South African Police Arrest Two Kidnappers Who Asked For Ransom in Bitcoin

Mpumalanga police in South Africa recently arrested two men alleged to be responsible for the kidnapping of a teenager boy in Witbank City and a 13-year-old girl in Witbank.

Bitcoin Dips Below $3,700 as All Top Cryptos See Severe Losses

Thursday, Jan. 10 — all of the top 20 cryptocurrencies are seeing severe losses in the 24 hours to press time. Bitcoin’s (BTC) price has dipped below the $3,700 mark, according to...

Bitcoin Minor Resistance at $17K Fresh Historical Revelation Says $500K Is the Peak For...

Although many like David Gockshtein, a member of Forbes Financial Council, are still waiting for Bitcoin to cross over $10,000 barrier to ascertain a rebirth of the real FOMO and begin partying,...

Bitcoin market update: BTC/USD explodes in fireworks to new 2019 highs

Bitcoin unique rally from Wednesday has catapulted it above the $9,000 critical level for the second time this year. The first time Bitcoin exchanged hands above this level was in May. However,...

Michigan bitcoin millionaire stays invested, even in ‘crypto winter’

Bitcoin mania came and went, but Michigan is still said to be home to some savvy bitcoin millionaires who knew to buy the digital currency while it was super cheap.

It now costs more to make bitcoin than the cryptocurrency is worth

IT COSTS more money to make bitcoin than the cryptocurrency is worth. Producing a single bitcoin now costs $4060 on average, but it is valued at less than $3500, according to an...