Tag: Bitcoin
Tech Digest daily round up: Facebook to allow you to turn off algorithm
Facebook is to allow users to turn off the algorithm powering its News Feed and control the order in which items appear amid growing calls for algorithmic transparency. The company will also provide more context on suggested content by expanding the "Why am I seeing this?" tab, as well as letting users control who can…
Cryptocurrency theft rises 38% to $513 million in 2020
Data researched by Trading Platforms UK indicates that the value of cryptocurrency hacks and thefts between 2019 and 2020 increased by 38.38% from $370.7 million to $513 million. Over the last five years, the value was highest in 2018 at $950 million, an increase of 257.14% from $266 million in 2017. The analysis further highlights that…
Tech Digest daily round up: Parler is back, Bitcoin hits $50,000
Controversial social-media app Parler is back online after a month out of service. The Twitter-like app was a favourite among supporters of former US President Donald Trump and right-wing conservatives. It was banned from Google and Apple's app stores and Amazon's web-hosting service, after an armed mob broke into the US Capitol building on 6…
Today’s Tech Digest: Bitcoin value surges after Elon Musk investment
Bitcoin is now worth more than the ruble, claims The Telegraph. The value of Bitcoin has surpassed the market cap of Russia’s ruble after the price of the digital coin surged on the back of a $1.5bn (£1.1bn) investment by the world’s richest man Elon Musk. The total price of all Bitcoin in circulation is now…
Tesla to accept Bitcoin payments for its EVs
Seems Tesla boss Elon Musk is all over cryptocurrency at the moment. Last week he threw his social media weight behind Reddit-fuelled cryptocurrency Dogecoin. Now, according to its Securities and Exchange Commission filing for 2020, Tesla is planning to allow customers to buy its electric cars using Bitcoin as well as investing in the cryptocurrency. News…
4 Tips On Keeping Your Cryptocurrency Wallet Safe
If this is your first time using cryptocurrency, then there are some terms that you might have heard that confused you. One of the terms is a cryptocurrency wallet. While you might think this wallet stores your coins, this is not the case. The wallet contains a private key that you use to make transactions.…
Smart Cities: What Life Is Like Living In One
The future is not so far off as people imagined it in the 1950s. Smart cities like Seoul are transforming what life in a city can be like. And not a moment too soon. Cities have been a draw for people looking to get out of the country and experience a higher standard of living,…
Which Small Cryptocurrencies to Invest in?
Cryptocurrencies are taking over the world. At the moment, Bitcoin is getting ever more mainstream exposure and acceptance as a legitimate asset and storage of wealth. Whether using Bitcoin or not, it’s always a good idea to consider investing in this type of asset. However, always make sure you do your homework and thoroughly…
What Are The Best Websites That Let You Use Cryptocurrency?
The big question for first-time cryptocurrency investors is “where can I actually spend it?” This is a good question. Despite the fact many industries have embraced the development of cryptocurrencies in recent years, with big players getting involved and more people becoming familiar with the concept, many websites are still reluctant to accept them as…
Hacker who attacked Uber and Sainsbury’s hands over £1m in Bitcoin
A British hacker who led cyber attacks on massive companies including Uber, Asda and Sainsbury’s has had a Bitcoin stash worth £1 million confiscated. Grant West, 27, who operated on the dark web under the nickname Courvoisier – the name of a popular French cognac – attacked more than 100 companies worldwide, stealing financial data on…