Articles Related to bitcoin

According to new research from one of the world’s leading central bank institutions, the Bank of International Settlements, approximately 73 to 81 percent of newfound bitcoin investors and retail Bitcoin buyers have lost money when putting their funds into the great crypto game and are likely to be in the negative on their investment (BIS).

Trading volumes between the British pound and the cryptocurrency Bitcoin hit a new high after the fall in the value of the pound on Monday, suggesting investors are scrambling to dump sterling for the digital asset or profit from arbitrage, according to analysts.

According to research from the University of Cambridge, Bitcoin’s greenhouse gas emissions are expected to be 48.4 million tonnes of carbon dioxide equivalent this year, 14 per cent less than the estimated emissions for 2021.

On 6 September 2022, Dutch police arrested a 39-year-old man in the village of Veenendaal on suspicion of laundering millions of euros in cryptocurrency through phishing attacks.

A year after El Salvador made Bitcoin legal tender and required all businesses to accept it, the experiment has failed due to falling cryptocurrency prices and a lack of use of the government’s Chivo e-wallet app to buy goods or send money.

Bitcoin has fallen below US$20,000 for the first time since mid-July, down nearly 60 per cent from its peak in 2022.

According to blockchain research firm Elliptic, more than US$100 million worth of non-fungible tokens were stolen by attackers in the year to July.