For those still skeptical about the abilities of digital currencies to revolutionize a financial realm, the superpower of cryptos has found a vivid proof.
CipherTrace estimated that hackers stole $927 million from the cryptocurrency exchanges during 2018. By the end of the year this number is expected to hit $1 bilion.
The market correction followed the IMF’s report saying that the rapid growth of crypto assets can create new vulnerabilities in the global financial system.
As the supply of Bitcoin is fixed, only 1 percent of the world’s population can have more than 0.28 BTC. In the upcoming years, this scarcity will increase.
There is a visible end for the Bitcoin’s high-rate price fluctuations as two reputed research firms claim the crypto-market to enter maturity.
Despite a plenty of speculation among the cryptocurrency community members, it is still unknown who is the owner of the mysterious bitcoin wallet.
$45,000 have already been collected for the past three days to find out the identity of the Bitcoin Network creator Satoshi Nakamoto.
Meet the newly-launched independent news platform BitcoinNews.com, which aims to become a premier news outlet in the crypto field, placing strong focus on independence, transparency, and reliable information.
Bitcoin declines by over 6% in the last 24-hours while the overall cryptocurrency markets lost over $20 billion.