The frequency of cryptocurrency heists has made investors resort to extreme methods of bitcoin storage with recent reports showing that more than 6% of the global bitcoin market value is stored in underground vaults.
Early bitcoin investor Jeffrey Wernick will be one of the VIP speakers at the upcoming Blockchain Festival Vietnam.
Payments company Square has reported that it sold bitcoin worth 34.1 million in the first quarter of 2018, after its successful launch of bitcoin trading using its Cash App in January.
In a bid to show its bullish stance on bitcoin’s potential in 2018, Miner One sent a bitcoin mining capsule and balloon to space, to mine at an altitude of 35,000 meters.
16,000 bitcoins have been moved from cold storage on the now defunct Mt. Gox sparking rumors that the ‘Tokyo Bitcoin Whale’ is set to make another move in the near future. The value of the digital assets that have been moved is approximated at $170 million.
PayPal’s founding CEO, Bill Harris, has added his voice to the choir of bitcoin critics, terming it the “greatest scam in history” and adding that it “has no value at all.”
Paxful co-founder, Ray Youssef’s, seeks to use his bitcoin fortune to transform the world. The story of his rise to crypto stardom offers a refreshing contrast to those of many more widely renowned bitcoin millionaires.
Digital asset service provider, BitPay, has implemented an upgrade to its system and will now offer bitcoin cash support for payments at brick-and-mortar outlets.
Bitcoin accessibility is still far from optimal in emerging countries where the currency has a real chance at making a difference. Adoption levels are still extremely low in spite of genuine currency needs that only a crypto coin can solve.
A Reddit community member recently pointed to a bitcoin prediction made in 1994 on Final Fantasy III, a Japanese video game. The user posted a screenshot showing the bitcoin symbol in the game.