Tesla, an electric car company, invests $1.5 billion in bitcoin on Monday, February 8, 2021, gives a big vote of confidence to the cryptocurrency. Consequently, the prices of the crypto hit the record, reaching a new high of all time, setting it as a relatively more stable currency now. The automaker announced this on Monday […]
Frankfurt: German prosecutors have confiscated more than 50 million euros ($60 million) worth of bitcoin from a fraudster. There’s only one problem: they can’t unlock the money because he won’t give them the password. The man was sentenced to jail and has since served his term, maintaining his silence throughout while police made repeated failed […]
Bitcoin fell heavily on Friday and was heading towards its sharpest weekly drop since last March, as worries over its technology and regulation extended a pullback from recent record highs. The world’s most popular cryptocurrency fell more than 5 percent to an almost three-week low of $28,800 in the Asia session, before steadying around $30,000. […]
