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Bloomberg – a renowned business news service – recently voted Bitcoin as the 2014’s worst investment, thus beating Russian Ruble and Ukrainian Hryvnia in terms of maximum drop. As known to everyone, the new-age cryptocurrency has lost half of its value over the course of 12-months – crashing from the peak of $1,100 to the current position of $330. This drop somewhat ...
Following are the major Bitcoin news of the day Charlie Shrem Found Guilty of Abetting Illicit Transactions Charlie Shrem, founder of BitInstant and former board member of the Bitcoin Foundation, was found guilty of abetting illicit transactions to online drug bazaar Silk Road. As a result, the 25-year old Bitcoin entrepreneur received a two-year jail term. ...
Bitcoin Expo London 2015 Lines of Renowned Speakers London is though not new to Bitcoin; the scheduled Bitcoin Expo 2015 is expected to become a huge success for the digital currency. According to the organizers of the event, “The year of 2015 will begin in a grand style in London! Investors, Start-ups, students, companies, exhibitors, entrepreneurs, ...
PeerNova Raises $8.6 M to refocus its business on Blockchain-based enterprise products PeerNova is not new to Bitcoin; however, in order to strengthen its presence in the ecosystem, the company recently organized a fund raising event and even managed to bag $8.6 million. The company announces that it is focused ...
Due to Sluggish International Sales Overstock.Com Fails to Complete Bitcoin Sales Target for 2014 As the international sales were not on the expected lines, the international retail giant Overstock.com is reporting that it expects to complete $3m in total Bitcoin sales for 2014 which are below than the expectations. In March, ...