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7 selected articles

Bitcoin energy boom stamps down colossal carbon footprint ...

Few people use bitcoin to buy anything -- but everyone pays for its environmental impact. Does mining the cryptocurrency actually consume more electricity than Ireland?

For Gold Rush prospectors in 1860s California, profits came before the planet. Money-hungry miners devastated fields and waterways with hydraulic mining technology as they covered fertile farmland with silts and sediments. Forests...

A new legitimate era for Bitcoin | Business | DW | 11.12.2017

Business

A new legitimate era for Bitcoin

Dealing in Bitcoin gets more real as trading in futures contracts of the virtual currency has started on Chicago's CBOE exchange. The subsequent buying frenzy prompted skeptics to again warn of a bubble.

When Bitcoin was first created in 2009 it was only worth a few cents. Since the beginning of the year though, Bitcoin has seen an amazing 15-fold gain....

Bitcoin: Islamic State's online currency venture - DW.COM

Between bitcoin and gold, the "Islamic State" is experimenting with currency, marking a new step in its state-crafting ambitions. But will the latest move further embed it amid international efforts to uproot the group?

The latest ploy by the "Islamic State" in its quest to carve out a state from nations in the Middle East and Africa illustrates a political project that encompasses all aspects of...

Bitcoin digital currency smashes all-time high of $6,500 ...

Business

Bitcoin digital currency smashes all-time high of $6,500

Shrugging off fears of a possible price crash, the cryptocurrency has reached another record high. Despite climbing more than 500 percent in a year, institutional investors remain skeptical about its prospects.

Bitcoin value falls dramatically in 48 hours | Business ...

Business

Bitcoin value falls dramatically in 48 hours

Has bitcoin finally hit the ceiling many have predicted it would? Although its price fluctuations are notoriously volatile, a slide in value of $1,000 (EUR859) in less than 48 hours has raised a few eyebrows.

Bitcoin, the world's most famous cryptocurrency, has fallen dramatically in value over the last two days, dropping below a $7,000...

South Korean Bitcoin exchange shuts down after hack ...

Business

South Korean Bitcoin exchange shuts down after hack

Cryptocurrency exchange Youbit is filing for insolvency after it was hacked for the second time this year, highlighting concerns for security amid booming trade in Bitcoin and other virtual currencies boom.

Youbit announced on its website that it had been hacked on Tuesday, causing a loss worth 17 percent of its total assets. The South...

Bitcoin plunges after strong gains | Business| Economy and ...

Last week, US regulators gave the green light for Bitcoin futures to be traded on the Chicago Mercantile Exchange (CME) , the world's biggest futures center, while on Thursday, the Australian Securities Exchange (ASX) confirmed it would start using the blockchain technology behind Bitcoin to replace its current system for the clearing and...

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