Bitcoin
Three out of four bitcoin investors have lost money: study
About 75% of Bitcoin buyers have experienced losses, per a recent study, amid a crisis in the cryptocurrency sector due to a significant exchange collapse.
US seizes $3.4 bn in bitcoin stolen from Silk Road
The US government announced Monday it had seized $3.4 billion in bitcoin from a real estate developer who stole the cryptocurrency from the dark web marketplace Silk Road a decade ago.
Pick n Pay adds crypto payment options at 39 stores across SA, citizens welcome implementation
Pick n Pay customers can now use cryptocurrency to purchase groceries at till points. The Bitcoin payment option will be implemented in 39 stores in Mzansi.
In Niagara Falls, bitcoin mining brings a new roar to town
In the US border town of Niagara Falls, residents accustomed to the soothing roar of the famous waterfalls recently discovered a much less pleasant sound: the "haunting hum" of bitcoin mining farms. "The noise pollution of this industry is like nothing else that has been there," said Niagara Falls Mayor Robert Restaino in his office decorated with paintings of the famous waterfalls.
Most Salvadorans think making Bitcoin legal tender was 'failure'
More than a year after Bitcoin became legal tender in El Salvador, a new poll Tuesday showed most people in the country consider the controversial move by President Nayib Bukele as a "failure."
Former 'Generations: The Legacy actress' Letoya Makhene accused of scamming unemployed man in Bitcoin scam
Former 'Generations: The Legacy actress' Letoya Makhene has been accused of scamming an unemployed man in a Bitcoin scam. The man said she swindled him R16k.
El Salvador marks 1st year of Bitcoin use as confidence wanes
A year ago, El Salvador began accepting Bitcoin as legal tender following a controversial and much criticized decision by President Nayib Bukele. El Salvador became the first country to accept Bitcoin as legal tender, alongside the US dollar that has been the official currency for two decades.
Hit by China shutdown, Tesla boosts auto prices and sells bitcoin
Tesla reported solid quarterly earnings Wednesday despite a hit from Covid-19 lockdowns in Shanghai that Chief Executive Elon Musk said prompted the company to liquidate most of its bitcoin holdings. - Bitcoin sale - During the quarter, Tesla liquidated about 75 percent of its holdings in bitcoin, the value of which has declined sharply in 2022.
Bitcoin plunges below $20,000
Bitcoin plunged below $20,000 on Saturday, shedding nine percent from the previous day to fall to $18,740, its lowest level since December 13, 2020. After sinking to $18,740 on Saturday, Bitcoin rose to $18,941 at 1550 GMT, down eight percent from Friday.
Bitcoin
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