Bitcoin


Markets

New Zealand Stock Exchange Hit Repeatedly by Cybercriminals Demanding Bitcoin

NZX has halted trading for the third day in a row as a result of cybercriminals attempting to extort cryptocurrency.

New Zealand stock tickers (Phil Walter/Getty)

Tech

Unconfiscatable? Using Bitcoin to Resist Police Extortion in Nigeria

It's common in Nigeria for police officers to threaten and extort citizens for whatever money they can find. This man uses bitcoin as a hiding spot.

Nigeria bitcoin

Markets

Fed Chair Powell’s Jackson Hole Speech Could Hint at US Dollar’s Future

Fed Chair Jerome Powell's speech Thursday at the annual Jackson Hole Economic Symposium highlights how much has changed over the past year.

Federal Reserve Chair Jerome Powell. (Federal Reserve, modified by CoinDesk)

Markets

Market Wrap: Bitcoin Braces for $700M in Options to Expire; Record $7B Value Locked in DeFi

Bitcoin price is trending up while crypto keeps flooding into DeFi.

CoinDesk 20 Bitcoin Price Index

Markets

Bitcoin Drop Squeezes Out Weak Derivatives Positions – And That May Be a Good Thing

Bitcoin’s latest price drop may have a silver lining.

coindesk-BTC-chart-2020-08-26

Markets

Market Wrap: Bitcoin Dips to $11.1K; Ether Mining Difficulty at Year High

Bitcoin’s price plunged Tuesday while DeFi is giving Ethereum miners more fee revenue, causing difficulty to hit a 2020 record.

CoinDesk 20 Bitcoin Price Index

Markets

First Mover: Ether Price Swings Make Bitcoin Look Tame as DeFi Speculation Spreads

The success of DeFi on the Ethereum blockchain has brought traders more than just congestion and high transaction fees: Volatility in ether prices.

Ether volatility is brewing. ("Approaching Thunder Storm, Martin Johnson Heade/Metropolitan Museum of Art, modified by CoinDesk)

Markets

Jerome Powell's Coming Inflation Speech May Weigh on Dollar and Boost Bitcoin: Analysts

The Federal Reserve chief is expected to bolster expectations of inflation in a keynote address Thursday. That may be bad for the U.S. dollar but good for bitcoin.

Federal Reserve Chairman Jerome Powell

Policy

Australian Conman Extradited Over Alleged Fraud Involving $1.2M in Bitcoin

An Australian serial conman has been extradited to New South Wales to face fraud charges involving over $1 million in bitcoin.

Sydney, Australia

Markets

Market Wrap: Bitcoin Hits $11.8K; Ethereum Gas at All-Time High

Many bitcoin stakeholders expect a weak market this week to cap August while DeFi continues to stretch Ethereum’s network.

CoinDesk 20 Bitcoin Price Index