Bitcoin

Bitcoin Predictions: As the World’s First Cryptocurrency Turns 10, What Does the Next Decade Hold?

On 31 October, 2008, in the midst of one of the worst financial crises the world had ever seen,a person or group by the name of Satoshi Nakamoto published a paperthat claimed to offer an alternativeto the traditional banking system.

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Bitcoin Could Theoretically Put Paris Climate Goals Out of Reach

If bitcoin were to become a true global transactional currency, the electricity needed to mine it alone would generate enough carbon dioxide to push the planet beyond 2 degrees Celsius of warming within a quarter-century. The creation of new bitcoin requires immense computational effort, and therefore enormous amounts of energy.

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VIDEO: The Bitcoin Story as Cryptocurrency Marks 10 Years

October 31, 2008 marked the birth of bitcoin. Ten years on, the world’s first cryptocurrency is at the forefront of a complex financial system viewed warily by markets and investors. From its first evocation amid a global financial crisis, in a white paper written by Satoshi Nakamoto, an unknown pseudonym, bitcoin conveyed a political vision.

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VIDEO: What Do the Numbers Say About Consumers and Bitcoin?

According to a Mercator survey, 65% of consumers are aware of Bitcoin.When consumers were asked, “Have you opened a Bitcoin wallet?” In 2016 22% of respondents, aged 18-34 said yes, however, in 2017 only 12% of respondents said yes.

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IMF Issues Stark Warning Over Bitcoin and Crypto ‘Rapid’ Growth

The International Monetary Fund (IMF) has warned the rapid growth of bitcoin and cryptocurrency assets could create new vulnerabilities in the international financial system, as the world’s banks adjust to the recent bitcoin and blockchain boom.

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Bitcoin: 10 Years of Smoke and Mirrors

The end of this month, Oct. 31, 2018, will mark the 10th anniversary of the day that a link to a paper, authored by Satoshi Nakamoto, describing the digital currency called bitcoin was first publicly circulated. Jan.

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Bitcoin Takes a Step Toward Becoming a ‘Multi-Network’ Cryptocurrency

A proposal to radically expand the capabilities of bitcoin such that it would be able to add vast new features to its limited supply of cryptocurrency has arrived on testnet.

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Japanese Bitcoin Exchange Is Robbed of $60 Million Worth of Cryptocurrency

Japanese cryptocurrency exchange Zaif has been robbed of $60 million worth of digital coins, its parent company Tech Bureau announced. Zaif was hacked on September 14th during a two-hour time frame. Three days later, it uncovered server problems and began to investigate. By September 18th, it confirmed it was hacked and notified authorities.

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At Top Schools Like Wharton, Students Are Flocking to Classes on Bitcoin and Blockchain

Last spring, Associate Professor of Computer Science Emin Gn Sirer was scheduled to teach a 600-level course on blockchain technology at Cornell University, an advanced class intended for PhD students. Usually when you have five to a dozen students in such a class, you’re teaching a popular class, Sirer tells CNBC Make It with a […]

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Should Your Company Accept Bitcoin and Other Cryptocurrency Payments?

While your organization may have already grappled with whether or not to add PayPal, Square or Apple Pay to your payment options, adding the ability to accept cryptocurrency is a bit different. Decided to accept cryptocurrencies is more like the decision to accept foreign currencies than just choosing to add a new form of payment […]

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Japanese E-Commerce Giant Rakuten Buys a Bitcoin Exchange

Japanese retail conglomerate, Rakuten, has announced the purchase of Everybody’s Bitcoin Inc., an unlicensed cryptocurrency exchange platform in the country. The acquisition follows a history of past forays into the emerging industry by the e-commerce behemoth.

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A B.S. In Bitcoin? These Colleges Are Now Offering Cryptocurrency-related Courses

A Ph.D. in bitcoin or blockchain? That soon may be a reality as interest in cryptocurrencies and their underlying technology has become more mainstream, prompting college campuses across the globe to promise courses in the nascent subject.

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