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Tag: bitcoins

What is Bitcoin

By Prempal Singh 0 Comment May 16, 2017

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 […]

Hackers make vulnerable to wipe up to 300 million iPhones unless Apple pays ransom

By Prempal Singh 0 Comment March 22, 2017

A mysterious group of cyber-terrorist claims to be made vulnerable to wipe up to 300 million iPhones and iCloud accounts – unless of course, Apple pays a ransom in Bitcoin by April 7. The group – who describe themselves as ‘Turkish Crime Family’ – claim to have required $75,000 in Bitcoin or Ethereum cryptocurrency, relating […]

Bitcoin jumps above $1,000 for first time in three years

By Prempal Singh 0 Comment January 4, 2017

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 […]

Pinnacles, troughs and hacking: Why might anybody invest into bitcoin?

By Prempal Singh 0 Comment September 21, 2016

Bitcoin had a rushed year, with costs spiking and prominent burglaries keeping it in features. Being mindful around the cryptocurrency may be justifiable, yet specialists shield it as a reasonable speculation. Last August, bitcoin exchanged at around $230. One year on and the cost has dramatically increased to about $580. Not overlooking, the value spiked […]

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