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Decentralized digital currency

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Bitcoin: Decentralized digital currency
Bitcoin is the first decentralized cryptocurrency. Nodes in the peer-to-peer bitcoin network verify transactions through cryptography and record them in a public distributed ledger, called a blockchain, without central oversight. Consensus between nodes is achieved using a computationally intensive process based on proof of work, called mining, that secures the bitcoin blockchain. Mining consumes large quantities of electricity and has been criticized for its environmental impact.

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Bitcoin surges but big tech has reason to fear JD Vance

Much is known about JD Vance, Donald Trump’s running mate, not least his past criticism of the Republican presidential candidate, his tough working class upbringing and his time in the US Marine..
Sky News - Published

Computer scientist who falsely claimed he was Bitcoin creator referred to CPS

An Australian computer scientist who falsely claimed to have invented Bitcoin has been referred to UK prosecutors for alleged perjury.
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Takeaway worker arrested in £3bn Bitcoin seizure jailed

A former Chinese takeaway worker found guilty of money laundering after police seized more than £3bn worth of Bitcoin has been jailed for more than six years.
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Bitcoin's highly anticipated 'halving' event takes place

Bitcoin's rare halving event has taken place, according to crypto analysis firm CoinGecko.
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ED attaches assets worth Rs 98 crore of Shilpa Shetty, Raj Kundra

Enforcement Directorate attaches assets worth Rs 98 crore of Shilpa Shetty and Raj Kundra in a crypto assets ponzi scheme case. The couple faces a money laundering investigation involving over Rs 6,600..
IndiaTimes - Published

How Chinese takeaway worker led police to Bitcoin worth £3bn in Britain's biggest ever cryptocurrency seizure

Within weeks of Yadi Zhang's arrival in London in September 2017, Jian Wen had left her job and room in a Chinese takeaway and moved into a £5m six-bedroom house near Hampstead Heath.
Sky News - Published

Why Bitcoin has suffered a sharp pullback from record highs - and what might happen next

Bitcoin has suffered a sharp pullback from record highs.
Sky News - Published

Computer scientist not mystery Bitcoin creator 'Satoshi Nakamoto', says judge

An Australian computer scientist is not 'Satoshi Nakamoto', the pseudonym attributed to the unknown person widely credited with inventing Bitcoin, a High Court judge has ruled.
Sky News - Published

Bitcoin hits another new high as UK regulator paves way for more crypto trading

The value of Bitcoin has reached a new high, just days after the previous record was broken.
Sky News - Published

Bitcoin value hits new all-time high

The value of the best-known cryptocurrency, Bitcoin, has reached a new high.
Sky News - Published

Bitcoin hits $60,000 - as all-time high nears

Bitcoin has hit $60,000 for the first time since November 2021 - putting the cryptocurrency in touching distance of a new record high.
Sky News - Published

Bitcoin worth £1.4bn seized after ex-takeaway worker tried to buy £23m mansion, court hears

Bitcoin worth more than £1.4bn was seized by police after a former Chinese takeaway worker tried to buy a £23.5m Hampstead mansion, a court has heard.
Sky News - Published

Mumbai Airport receives 'email threat' to blow up T2; demands USD 1 million in Bitcoin

The sender of the email has demanded USD 1 million in Bitcoin within 48 hours to avert the blast.
DNA - Published

Now, FIR links Mahadev app duo to cricket match-fixing

Saurabh Chandrakar and Ravi Uppal, identified by the Enforcement Directorate as key players in a betting racket, are now alleged to be involved in a match-fixing syndicate through a subsidiary..
IndiaTimes - Published

Revealed: The staggering amount of electricity that Bitcoin uses

Bitcoin mining consumes more electricity than most countries, according to a new report on its damaging environmental impact.
Sky News - Published

Online fraud against US citizen: Cryptocurrency worth USD 930,000 seized by CBI from Ahmedabad-based man

The Central Bureau of Investigation (CBI) in India has seized over $930,000 worth of cryptocurrency from a man in Ahmedabad. The man allegedly cheated a US citizen by posing as a senior executive of a..
IndiaTimes - Published

Amateur rapper and her husband plead guilty after trying to launder stolen Bitcoin worth billions

An amateur rapper and her husband have pleaded guilty to attempting to launder stolen Bitcoin.
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Briton pleads guilty to hacking stars' Twitter accounts to steal Bitcoin

briton pleads guilty to hacking stars' twitter accounts to steal bitcoin
A British man has pleaded guilty to hacking Twitter accounts - including Barack Obama, Kim Kardashian and Elon Musk - in a bid to con people out of Bitcoin. 
Sky News - Published

Crypto crisis deepens with values suffering heavy losses after Binance U-turns on FTX bailout

crypto crisis deepens with values suffering heavy losses after binance u-turns on ftx bailout
Bitcoin hovered just above a two-year low overnight and other cryptocurrencies suffered heavy losses as FTX teetered on the brink of collapse.
Sky News - Published

Gaming app scam: Bitcoins worth ₹13cr attached

The Enforcement Directorate has attached Rs 13 crore worth of crypto currency Bitcoin of Aamir Khan of Kolkata from whose premises the agency had earlier this month recovered over Rs 17 crore in..
IndiaTimes - Published

Bitcoin plummets to lowest level since December 2020 as crypto lender Celsius 'pauses' withdrawals

bitcoin plummets to lowest level since december 2020 as crypto lender celsius 'pauses' withdrawals
Bitcoin has plummeted by more than 10%, dropping below $25,000 for the first time since December 2020.
Sky News - Published

Bitcoin plunges to 2020 low as investors run from growing global recession fears

bitcoin plunges to 2020 low as investors run from growing global recession fears
Cryptocurrency values are taking a further pounding amid a resumption in a wider flight from risk over growing fears of an inflation-driven global recession.
Sky News - Published

FBI team in India in Bitcoin case? CBI refutes reports


IndiaTimes - Published

Bitcoin scam run by Indians from S'pore with footprint in China, UAE: ED

The Enforcement Directorate has informed the Supreme Court that while probing a money laundering case involving 80,000 Bitcoins, it found a well-planned conspiracy hatched by a Singapore-based firm..
IndiaTimes - Published

Drake Donates $1M in Bitcoin to LBJ's Foundation After Big Roulette Win

Drake is once again subscribing to God's plan -- throwing down big on roulette and giving back to the community just as much as he won ... with none other than LeBron James! Champagne Papi made a..
TMZ.com - Published

Could Russia turn to cryptocurrency and cyber crime to dodge sanctions?

could russia turn to cryptocurrency and cyber crime to dodge sanctions?
Sanctions imposed on Russia for invading Ukraine caused the rouble to plummet on Monday but as it dropped the value of cryptocurrencies including Bitcoin and Ethereum shot up.
Sky News - Published

Is Bitcoin trading legal or illegal, SC asks govt


IndiaTimes - Published

PM Modi’s Twitter account hacked with Bitcoin post, ‘promptly secured’

PM Modi’s personal Twitter account was hacked for a brief period during the early hours of Sunday, prompting the Centre’s cyber security wing CERT-In to order a high-level inquiry into the incident..
IndiaTimes - Published

PM Modi's Twitter account hacked briefly, shares link to Bitcoin scam

PM Modi's Twitter account was hacked momentarily in the early hours of December 12, and was restored quickly by authorities.
DNA - Published

Bitcoin 'flash crash' sees long positions worth $2bn closed by exchanges

bitcoin 'flash crash' sees long positions worth $2bn closed by exchanges
A so-called "flash crash" for Bitcoin over the weekend has wiped out positions worth $2bn and left market experts pondering whether a wider reset for value has set in.
Sky News - Published

No Bitcoin scam, says BJP; No foul play in investigation: Bengaluru police


IndiaTimes - Published

New York's new mayor wants his first three pay cheques in Bitcoin

new york's new mayor wants his first three pay cheques in bitcoin
Eric Adams, the new mayor-elect of New York, says he wants his first three pay cheques in the role to be made out in Bitcoin.
Sky News - Published

Administrator for darknet market Silk Road ordered to forfeit £490,000 in Bitcoin

administrator for darknet market silk road ordered to forfeit £490,000 in bitcoin
An unemployed university drop-out who was part of the notorious darknet market Silk Road's upper hierarchy has been ordered to hand over more than £490,000 in Bitcoin.
Sky News - Published