Last week’s halving of the supply of new bitcoins and the consequential halving of revenue to the cryptocurrency’s miners raises big questions for its future.
The halving,which happens roughly every four years – the latest of which is expected this week – is a change in bitcoin’s underlying blockchain technology designed to reduce the rate at which new bitcoins are created.
Hundreds of local investors are chasing their investments in two separate schemes,including one run by a man who says he’s a former NASA scientist.
For about six years,David Saffron – fresh from running a bondage-themed strip club in Los Angeles – is alleged to have styled himself as an expert programmer and trader.
Craig Wright has for eight years claimed that he was the man behind “Satoshi Nakamoto,” the pseudonym that masked the identity of the creator of bitcoin.
Bitcoin is back at record levels,but its time in the sun might be short-lived.
Despite its extreme volatility,cryptocurrencies such as bitcoin are gaining popularity with self-managed super funds,with over $1 billion invested.
The Australian sharemarket rallied in late trade to finish less than a point shy of its record closing high,after government data showed retail sales were softer than expected in January,boosting optimism the Reserve Bank’s interest-rate cuts are gaining traction in its fight against inflation.
Sam Bankman-Fried is facing a sentence of up to 100 years for orchestrating the fraud that brought down the cryptocurrency exchange.
Bitcoin exchange-traded fund listings in the United States have contributed to the cryptocurrency’s strength,sending its price past $76,000.
Ben Armstrong,better known as BitBoy,was one of the most popular figures in the wild,scam-ridden world of crypto influencers. Then it all fell apart.