Digital currency Bitcoin hit a new record high on Wednesday, surging above $2, 400, as demand for crypto-assets soared with the creation of new tokens to raise funding for start-ups using blockchain technology. Blockchain, the underlying technology in the back of bitcoin, is a financial ledger maintained by a network of computers that can track […]
Bitcoin is a form of digital currency, created and held electronically. No one controls it. Bitcoins are not printed, like dollars or euros – they are produced by people, and increasingly businesses, running computers all around the world, using software that solves mathematical problems. It’s the first example of a growing category of money known […]
Digital currency bitcoin kicked from the new year by getting above $1,000 for the first time in three years late on Sunday, having outperformed all central-bank-issued currencies with a 125 percent climb in 2016.Bitcoin – a web-based “cryptocurrency” that has no central authority, depending instead on thousands of computers across the world that validate transactions […]