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Bitcoin mining service NiceHash suffers $70 million theft The cryptocurrency mining service NiceHash suffered a security breach that resulted in nearly $70 million worth of bitcoins being stolen. The firm announced the breach on their Facebook page on Wednesday afternoon. It said it is investigating the incident and ceasing operations for 24 hours.
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| People Who Can't Remember Their Bitcoin Passwords Are Really Freaking Out Now Bitcoin has had quite a week. On Thursday, the cryptocurrency surged past $19,000 a coin before dropping down to $15,600 by Friday midday. The price of a single Bitcoin was below $1,000 in January. Any investors who bought Bitcoins back in 2013, when the price was less than $100, probably feel ...
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| As Mainstream Adoption Grows, Bitcoin Can No Longer Be Stopped The recent rise in Bitcoin's value has initiated varied reactions from different quarters of the industry. While holders of the cryptocurrency are excited with the extraordinary profit generated from their investment, some merchants are becoming more reluctant to accept Bitcoin because of its high volatility.
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