Tag: Bitcoin

Computer Scientist Craig Wright’s Claim He Invented Bitcoin Is Not True: UK Court

March 14, 2024 admin

Judge said on Thursday that Craig Wright is not Satoshi Nakamoto. London: An Australian computer scientist who claims he invented Bitcoin is not the pseudonymous inventor of the cryptocurrency, a judge at London’s High Court ruled on Thursday. Craig Wright has long claimed to have been the author of a 2008 white paper, the foundational…

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Bitcoin hits record above $71,000 as demand frenzy intensifies

March 11, 2024 admin

Representations of cryptocurrency Bitcoin are seen in this illustration picture. File. | Photo Credit: Reuters Bitcoin hit a record high on March 11 above $71,000, as the surge in the biggest cryptocurrency showed no signs of slowing down. Britain’s financial watchdog on Monday became the latest regulator to pave the way for digital asset trading…

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Bitcoin Nears $31,000 Mark. Here Are The Reasons For Its Recent Boom

October 23, 2023 admin

In the past month, the cryptocurrency behemoth gained 14.91 per cent in value. (Representational) Cryptocurrency Bitcoin is witnessing a boom and the coin managed to gain 2.19 per cent and traded at $30,543.48 on Monday. The value of the largest cryptocurrency by circulation went up by over 9.5 per cent in the past seven days…

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Ferrari to accept payment in cryptocurrency for its cars in the U.S.

October 14, 2023 admin

Ferrari’s Chief Marketing and Commercial Officer Enrico Galliera said cryptocurrencies had made efforts to reduce their carbon footprint through the introduction of new software and a larger use of renewable sources. | Photo Credit: Reuters Ferrari has started to accept payment in cryptocurrency for its luxury sports cars in the U.S. and will extend the…

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Crypto lender Celsius defends Bitcoin mining plans as bankruptcy kicks off

July 19, 2022 admin

FILE PHOTO: Celsius Network logo and representations of cryptocurrencies are seen in this illustration | Photo Credit: REUTERS Cryptocurrency lender Celsius Network said Bitcoin mining is key to the company’s restructuring efforts at a U.S. bankruptcy court hearing on Monday in Manhattan. (Sign up to our Technology newsletter, Today’s Cache, for insights on emerging themes…

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