Feb 16 Bitcoin crosses $50,000 price for first time By Matt Ott, Associated Press The same Bitcoin just one year ago would have cost $10,000. The price is up almost 200% in the last three months alone. Continue reading
Jul 31 Three charged in massive Twitter hack, Bitcoin scam By David Fischer, Associated Press Authorities say British man, a Florida man and a Florida teen hacked the Twitter accounts of prominent politicians, celebrities and technology moguls to scam people around the globe out of more than $100,000 in Bitcoin. Continue reading
Jul 15 Biden, Gates, other Twitter accounts hacked in Bitcoin scam By Michael Liedtke, Associated Press Unidentified hackers broke into the Twitter accounts of technology moguls, politicians, celebrities and major companies Wednesday in an apparent Bitcoin scam. Continue reading
Jun 18 Facebook plans to create its own currency for users By Rachel Lerman, Associated Press The social network unveiled an ambitious plan Tuesday to create a new digital currency similar to Bitcoin for global use, one that could drive more e-commerce on its services and boost ads on its platforms. But that move isn't likely… Continue reading
Nov 28 Why a Nobel laureate in economics thinks bitcoin is toast By Paul Solman The price of bitcoin has slowly gained back up some of its value after a precipitous drop this month. Continue reading
Jun 07 Watch 9:07 Cheap power drew bitcoin miners to this small city. Then came the backlash By Paul Solman Plattsburgh, New York, doesn't look like ground zero for a gold rush. But cryptocurrency prospectors have installed thousands of energy-gobbling mining machines while taking advantage of dirt-cheap electric rates. And the invasion has some locals up in arms, while offering… Continue watching
Apr 26 Watch 7:09 The bubble dynamics of bitcoin By Paul Solman Can bitcoin be a currency if you never know its value? Living outside the traditional banking network by design, its fluctuating value makes it too cumbersome for petty transactions. Yet despite the hurdles, bitcoin and its underlying technology is seen… Continue watching
Apr 12 Watch 9:09 The how and why of buying bitcoin By Paul Solman The basic idea of bitcoin is simple: Instead of a financial institution holding a bank ledger, a chain of computers linked through the internet are all using the same software to record and verify every transaction. But how can a… Continue watching
Apr 12 This is how Bitcoin works By Paul Solman Bitcoin was released nearly a decade ago, but many consumers still don't know much about how it works. Continue reading
Dec 10 Watch 24:56 PBS NewsHour Weekend full episode December 10, 2017 By PBS News Hour On this edition for Sunday, Dec. 10, President Donald Trump reiterates his support for Roy Moore, two days before the Alabama special Senate election. Also, bitcoin launches on futures market and doctors hope to increase participation in cancer trials. Hari… Continue watching