Tahawul Tech brings you Transformation Talk, a weekly roundup of the biggest news in the technology industry.
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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 3676
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.