Search Results for: bitcoin price
Australia has sold $22 million worth of seized bitcoins in a global auction
June 29th, 2016
Australia has sold $22 million worth of bitcoins seized as the proceeds of crime in a global auction. Ernst and Young transactions partner Adam Nikitins said multiple bidders claimed 24,518 units of the digital currency during the auction, which ...
Kraken Acquires Dutch Bitcoin Exchange CleverCoin
June 28th, 2016
San Francisco-based digital currency exchange Kraken is making yet another acquisition, scooping up Dutch exchange CleverCoin. The deal is Kraken’s second acquisition of 2016, coming just over five months after it purchased New York-based Coinsetter, which had acquired Canadian bitcoin ...
Bitcoin exchange Quoine raises $20m venture investment
June 21st, 2016
Quoine, a Singapore-based Bitcoin exchange, has closed a $20 million funding round, leveraging off the large opportunity for Bitcoin in the Japanese market, led by venture capitalists (VCs) and other ‘strategic investors’. It’s last funding round was a $2 million ...
Ethereum experiences value rise alongside Bitcoin
June 15th, 2016
The steady increase in the demand for Bitcoin hasn’t only just benefited one cryptocurrency. Ethereum is matching its digital currency rival blow-for-blow, experiencing a significant value increase in news that will gladden the hearts of crytpocurrency evangelists everywhere. The ...
4 Unexpected Events That Would Rocket Bitcoin in 2016
June 9th, 2016
The price of bitcoin is undoubtedly volatile, and the enormous swings in price, both up and down, can be difficult to analyze and even harder to predict. A lot of what happens in bitcoinland is wildly unexpected; here are ...
Why the bitcoin has become China’s new darling
June 8th, 2016
Speculation over yuan devaluation and the mainland’s anti-corruption drive have contributed to the currency’s growing popularity Bitcoin has become the new darling of mainland punters amid a slumbering stock market, heightened expectations of the yuan’s devaluation and even the ...
The Five Most Useful Properties of Bitcoin
June 2nd, 2016
Bitcoin has received plenty of hype as the money of the future over the past few years, but what are the properties of this digital asset that set it apart from everything else on the market? What are the ...
Mystery Solved: $6.6 Million Bitcoin Theft That Brought Down Dark Web Site Tied To 2 Florida Men
May 31st, 2016
The U.S. government has seized $4.5 million from two Florida men who allegedly stole 5,400 bitcoins from illegal online drug sales site Sheep Marketplace in late 2013, shortly before the price of bitcoin hit its peak of around $1,200, ...
Bitcoin Miner KnCMiner Declares Bankruptcy
May 31st, 2016
KnCMiner, who recently won a lawsuit against complainants who had sued over late or failed delivery of one of the company’s previous iterations of bitcoin mining hardware (the Titan) , has filed bankruptcy ahead of July’s mining reward halving. The Swedish ...
EY selling $16m worth of bitcoin
May 30th, 2016
Professional services firm Ernst and Young says it will sell $16 million worth of bitcoin, in what it describes as an Australian-first. EY said it has been engaged to assist in an international auction of 24,518 bitcoin by an ...
