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Search Result for “cryptocurrency”

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WORLD

Bitcoin nears B500,000 as miner NiceHash reports hack

Associated Press, Published on 07/12/2017

» TOKYO: The Slovenian-based bitcoin miner NiceHash says it is investigating a security breach and the possible theft of tens of millions of dollars' worth of bitcoins, as the value of the virtual currency has soared to a new record high.

OPINION

Digital currencies can hurt the US

News, Leonid Bershidsky, Published on 06/12/2017

» Venezuelan President Nicolas Maduro's announcement that the Latin American country will issue a cryptocurrency called the petro to overcome a "financial blockade" by the US probably mirrors the thinking of other maverick regimes. The possibility of sanctions-busting, and generally finding a way to work outside the Western-dominated global financial system, makes cryptocurrencies attractive to non-Western nations, and the more so to rogue regimes.

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BUSINESS

Bitcoin now bigger than Buffett, Boeing and New Zealand

Bloomberg News, Published on 04/12/2017

» HONG KONG: Bitcoin’s extraordinary price surge means its market capitalisation now exceeds the annual output of whole economies, and the estimated worth of some of the world’s top billionaires.

BUSINESS

Tax optimism drives Dow, year-end fund buys help SET

Business, Published on 02/12/2017

» Recap: US stocks surged this week, with the Dow breaching 24,000 points on investor optimism that the US Senate will pass a major tax-reform bill. The Thai market was quiet with no real catalysts other than the usual year-end demand for long-term and retirement mutual fund purchases.

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WORLD

Bitcoin tops $10,000 amid 'asset bubble' warnings

Bloomberg News, Published on 29/11/2017

» NEW YORK: Bitcoin surpassed US$10,000 for the first time, bringing this year’s price surge to more than 10-fold even as warnings multiply that the largest digital currency is an asset bubble.

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WORLD

Bitcoin soars towards $10,000

Bloomberg News, Published on 27/11/2017

» HONG KONG: Bitcoin is showing no signs of slowing down, blowing past US$9,000 less than a week after topping $8,000 and now quickly closing in on five big figures.

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WORLD

Malaysia planning to regulate cryptocurrencies

Published on 22/11/2017

» KUALA LUMPUR: Malaysia has begun work on a regulatory structure for digital currencies such as bitcoin, its central bank governor said on Wednesday.

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BUSINESS

Bitcoin hurtles past $8,000

Bloomberg News, Published on 20/11/2017

» SYDNEY/MOSCOW: Bitcoin’s relentless and volatile rally shows no sign of abating, with the world’s largest cryptocurrency defying growing bubble fears to hit yet another milestone.

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BUSINESS

Bitcoin emerges as crisis currency

Bloomberg News, Published on 17/11/2017

» NEW YORK: About a third of the customers queuing at La Maison du Bitcoin's teller windows in Paris aren't speculating on the value of the cryptocurrency. They're sending digital money home to Africa.

BUSINESS

Fintech outlays booming

Business, Darana Chudasri, Published on 04/11/2017

» Fintech startups in Thailand have been growing at a fast pace, from fewer than 10 to more than 100 over the past three years, thanks to funding support from financial institutions, says the Thai Fintech Association.