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German central bank warns people not to buy bitcoin as ...

As bitcoin reaches a new record price, the German central bank has warned people against buying the cryptocurrency, dismissing its stability.

While blockchain technology is more likely to pique the interest of financial institutions these days than bitcoin (from which it spawned), the cryptocurrency is in the midst of a major resurgence.

At the beginning of 2017, bitcoin's price notably surpassed...

Bitcoin cash slumps 62pc but Coinbase vows to support it

4 Aug 201764 Shares

Concept image for bitcoin and bitcoin cash. Image: Adrian Today/Shutterstock

Just a few days into the existence of bitcoin cash, Coinbase has reversed its decision and will now support the new cryptocurrency.

The schism of bitcoin had been a number of years in the making, but this week saw it finally take place, resulting in the creation of a new cryptocurrency: bitcoin...

Why is bitcoin splitting again and what is bitcoin gold?

Bitcoin is forking for a second time to form a new cryptocurrency called bitcoin gold, but why is this happening so soon after bitcoin cash?

The forking of bitcoin into two different cryptocurrencies caused quite a stir last August, bolstered by the fact that the price of bitcoin continues to skyrocket as it approaches $6,000.

Just two months later, 'splitcoin' is happening for a second time with...

Bitcoin takes a hit as gaming giant Steam revokes payment ...

7 Dec 20172 Shares

What is the future for bitcoin? Image: Adrian Today/Shutterstock

Steam is the largest online gaming shop on the planet, and bitcoin is no longer welcome there.

In a major setback for the mainstream adoption of cryptocurrency, Steam, owned by Valve Corp, has announced it is no longer dealing with bitcoin as a payment method on the site.

Describing the issue of allowing the...

Six major banks join blockchain project to build new ...

Major changes are afoot among the world's largest banks with news that six of them are to form a new digital currency to explore blockchain's potential.

Bitcoin's surge in popularity with investors and the general public has not gone unnoticed in the world's largest banks, and now six of them are attempting to catch up with the cryptocurrency's underlying technology: blockchain.

According to the...

Bitcoin falters as hackers steal more than $30m from Tether

21 Nov 201755 Shares

Image: Wit Olszewski/Shutterstock

It's a case of Jesus Heist Almighty as the shine is taken from what should have been a golden week for bitcoin.

Bitcoin reached a landmark valuation of $8,000 for the first time but that achievement has been mired by revelations that hackers stole more than $30m worth of bitcoin from digital currency start-up Tether.

The development also...

Is bitcoin about to go mainstream after new all-time high?

Bitcoin has broken its all-time high once again and shows no sign of stopping, thanks to some mainstream recognition.

As major world governments look on very sceptically at the meteoric rise of bitcoin, traders and financial experts are in awe as it has once again surpassed its all-time high to reach $6,450.

Since this record was broken, bitcoin's price has risen once again to $6,517, at the time...

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