By Reuters and published by Euronews.next CRYPTOCURRENCY lending firm Celsius Network will pause withdrawals and transfers between accounts due to “extreme market conditions”, the company said on Monday, in the latest sign of pressure in the crypto industry. The world’s largest cryptocurrency, Bitcoin, extended earlier declines after the announcement, falling more than 10 per
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Hackers steal $600m in major cryptocurrency heist
By BBC HACKERS have stolen some $600m (£433m) in what appears to be one the largest cryptocurrency heists ever. Blockchain site Poly Network said hackers had exploited a vulnerability in its system and taken thousands of digital tokens such as Ether. In a letter posted on Twitter, it urged the thieves to “establish communication and
Read moreTAT targets cryptocurrency holders as new tourism segment
THE Tourism Authority of Thailand (TAT) wants to establish Thailand as the first country to welcome cryptocurrency holders,, NNT said today (Feb. 21). TAT Governor Yuthasak Supasorn said the use of cryptocurrency will help attract more opportunities from high-spending tourists, especially the young and wealthy generations. He said the TAT plans to talk with the
Read moreBitcoin hits $1 trillion in market value as cryptocurrency surge continues
By Jesse Pound, CNBC THE price of bitcoin crossed another major milestone on Friday, as the cryptocurrency’s market value surpassed $1 trillion, according to Coindesk. The digital currency was trading at just under $54,000 per coin on Friday as it hit the new level, and rose above $55,000 later in the session for a daily
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