Crypto News

- Alphabet's Google will now show its search engine users more information about why it found the results they are shown, the company said on Thursday. It said people googling queries will now be able to click into details such as how their result matched certain search terms, in order to better dec...
LONDON - Prince William wished the England soccer team the best of luck as it prepares for Sunday's Euro 2020 final, its most anticipated game since the side won the 1966 World Cup. William, who is president of England's Football Association, posted his message in a video on Twitter, adding to wishe...
LONDON (Bywire News) - For all the success of blockchain technologies over the past few years, some still suffer from one big elephant in the room: sustainability. At a time when fighting climate change is top of the agenda, the leading blockchains such as Bitcoin and Ethereum gobble up energy like ...
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By Minwoo Park ULSAN, South Korea - Using a toilet can pay for your coffee or buy you bananas at a university in South Korea, where human waste is being used to help power a building. Cho Jae-weon, an urban and environmental engineering professor at the Ulsan National Institute of Science and Techno...
LONDON (Bywire News) - Bitcoin.org has been ordered to remove its copy of the Bitcoin White Paper from its site after failing to defend itself in court. With their founder who goes by the pseudonym Cobra failing to make an appearance, the judge said he had no option other than to find against the si...
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By Raphael Satter WASHINGTON -Cybersecurity company Huntress Labs said on Friday that 200 businesses have been hit by ransomware attacks following an incident at U.S. IT firm Kaseya in Miami. Kaseya, in a statement posted on its own website, said it is investigating a "potential attack" on a widely ...
- Thailand's Securities and Exchange Commission (SEC) has filed a criminal complaint against cryptocurrency exchange Binance for operating a digital asset business without a license, the latest in a growing worldwide crackdown on the platform. "It was found that Binance has provided platform service...
By Daniela Desantis ASUNCION -In the wake of El Salvador's dramatic move to make bitcoin a legal tender, a world first, the internet has been buzzing with rumors that another Latin American country may be set to follow in its footsteps: Paraguay. Those may be somewhat off the mark. Paraguayan lawmak...
FILE PHOTO: A representation of the virtual cryptocurrency Bitcoin is seen in this picture illustration taken June 14, 2021. REUTERS/Edgar Su/Illustration
By Huw Jones LONDON - More people see crypto assets as a mainstream investment rather than a "gamble" as ownership of bitcoin and similar crypto currencies has risen to 2.3 millon adults in Britain this year, the Financial Conduct Authority said on Thursday. Regulators have repeatedly warned consume...
LONDON (Bywire News) - Non fungible tokens (NFTs) are one of the buzzwords of the blockchain revolution. However, as with many buzzwords, many people don’t fully understand them. So, what are they? And are they worth the hype. If people struggle with the term it is, perhaps, understandable. NFT is a...
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LONDON (Bywire News) - Here at Bywire, an interesting problem did occur a few weeks ago. As we needed some cryptocurrencies (EOS) in order to interact with the blockchain and timestamp articles, we need regular demand to buy to replenish our supply. However, since the 4th of May, the EOS price jumpe...
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By Nupur Anand MUMBAI - Opponents of the potential ban say it would stifle the economic power of a tech-savvy, young nation of 1.35 billion people. There is no official data, but industry analysts reckon there are 15 million crypto investors in India holding over 100 billion rupees ($1.37 billion). ...
FILE PHOTO: Representations of cryptocurrencies including Bitcoin, Dash, Ethereum, Ripple and Litecoin are seen in this illustration picture taken June 2, 2021. REUTERS/Florence Lo/Illustration/File Photo
WASHINGTON - The White House warned corporate executives and business leaders on Thursday to step up security measures to protect against ransomware attacks after intrusions at a meatpacking company and an oil pipeline. "The number and size of ransomware incidents have increased significantly," read...
FILE PHOTO: Representations of cryptocurrencies including Bitcoin, Dash, Ethereum, Ripple and Litecoin are seen in this illustration picture taken June 2, 2021. REUTERS/Florence Lo/Illustration/File Photo
LONDON - Cryptocurrencies such as bitcoin are a "farce" and a symptom of bubbles forming in financial markets, Amundi chief investment officer Pascal Blanque said on Thursday. Bitcoin, trading at around $39,364, fell 35% last month after China doubled down on efforts to prevent speculative and finan...
SHANGHAI - Financial regulators in China's southern Hainan province have cautioned investors against illegal fundraising schemes involving cryptocurrency and blockchain, local media reported on Thursday, as China steps up a cryptocurrency crackdown. A group of regulators in the island province, incl...
LONDON - A significantly high number of cryptocurrency-related firms are not meeting required standards under anti-money laundering rules, Britain's financial watchdog said on Thursday, causing a glut of withdrawals for applications to register with it. The Financial Conduct Authority (FCA) said in ...
FILE PHOTO: Representations of cryptocurrencies including Bitcoin, Dash, Ethereum, Ripple and Litecoin are seen in this illustration picture taken June 2, 2021. REUTERS/Florence Lo/Illustration
LONDON (Bywire News) - A wild day of chess saw the race to qualify for the knockout stage of the Meltwater Champions Chess Tour event tighten up. Speed demon Hikaru Nakamura, world number 2 Fabiano Caruana and the Azeri No. 1 Teimour Radjabov are out in front on 6.5/10. But the overnight leader Anis...
LONDON (Bywire News) - It’s a little more than a month since Bull Dao scooped first prize at Block.one’s hackathon. However, already it looks as if the relationship may be on the rocks. Like many other developers, their belief in the concept of EOS is tempered by frustration at how it is being run. ...
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LONDON (Bywire News) - On Wednesday, for the first time this week, Bitcoin reached a value of over $40,000, as inconsistency looms over the rest of the crypto world, with little signs of easing up. Bitcoin reached a total of $40,904, an increase of 6.5%, while smaller crypto coins also saw a rise. E...
FILE PHOTO: Representations of the virtual currency Bitcoin stand on a motherboard in this picture illustration taken May 20, 2021. REUTERS/Dado Ruvic/Illustration
By Tom Wilson, Tom Westbrook and Stephen Culp NEW YORK - Bitcoin was last up 7% to approximately $37,600, erasing losses of 7.5% from a day earlier but still down by more than 40% from last month's record high. Second-largest cryptocurrency ether jumped nearly 19% to $2,491 after slumping more than ...
FILE PHOTO: Representations of the virtual currency Bitcoin stand on a motherboard in this picture illustration taken May 20, 2021. REUTERS/Dado Ruvic/Illustration