Tahawul Tech brings you Transformation Talk, a weekly roundup of the biggest news in the technology industry.
Editor's Picks, News
Are you ready for Facebook coins?
Following the formation of its own blockchain division, recent reports have suggested that Facebook is looking into creating its own cryptocurrency. 0 3637
Bitcoin mining consumes more electricity than Oman, Bahrain
Bahrain and Oman generate 27.8 TWh and 29.6 TWh of energy per year. Bitcoin, however, generates the most of them all – with a 30.25 TWh reading per year.
Bitcoin hurtles past $10,000 for the first time
CNBC has reported that the digital currency Bitcoin hit $10,000 on Tuesday, according to CoinDesk, marking an exponential ascent from …
Bitcoin scales to new high over $8000
Bitcoin hit a new record high on Monday after smashing through the $8,000 level for the first time over the …
Bitcoin soars in Zimbabwe amid political crisis
Bitcoin scaled up by almost 10 percent in Zimbabwe as per data on the Golix exchange on Wednesday, post reports …
Bitcoin plunges 29% from record high
Bitcoin plunged as the cancellation of a technology upgrade prompted some users to switch out of the cryptocurrency, spooking speculators …
Bitcoin tumbles by over $1000
Bitcoin dropped below $7,000 on Friday to trade more than $1,000 down from an all-time high hit on Wednesday, as …
Cryptocurrencies’ market cap hits record $200 billion
The aggregate value of all cryptocurrencies hit a record high of over $200 billion on Wednesday, according to industry website …
UAE Central Bank issues Bitcoin warning
The UAE Central Bank has warned about the risks of using digital currencies as a medium of exchange for now, amid …
Bitcoin price climbs above $6000 in new record high
On Saturday it fought its way through the $6,100 barrier, eventually extending as high as $6,200 on Bitfinex.