Bitcoin’s price has been on a wild ride since its inception. 2017 alone saw massive gains, starting the year at under $1,000 and, at its peak, breaking $19,000, according to industry site CoinDesk. On Tuesday, it was trading at $11,943, a decline of 12 percent, according to CoinDesk. As bitcoin’s popularity surges and its price […]

A petition in South Korea against cryptocurrency regulation has reached the number of signatures that would induce a government response. As of Tuesday morning, ET, more than 212,700 had signed a petition launched Dec. 28 on the website of the South Korean presidential office. A Google translation of the website states that if more than […]

Facebook’s pivot away from news will pay off in the long run, according to Wall Street analysts. The company announced on Thursday a major change to its newsfeed. CEO Mark Zuckerberg said the internet firm will start prioritizing “meaningful social interactions” versus “relevant content,” and that he expects the time people spend on the social […]

Google is planning to build three underwater cables in 2019 to help expand its cloud business to new regions as it battles rivals Microsoft and Amazon. The subsea cables will run across different routes. The first will go from Los Angeles to Chile, the second will connect the U.S. to Denmark and Ireland, and the […]

Bitcoin could hit $100,000 in 2018, an analyst who correctly predicted the cryptocurrency’s rally at the start of last year told CNBC on Tuesday. Kay Van-Petersen, an analyst at Saxo Bank, added that other rival digital coins could also outperform. Van-Petersen forecast in December 2016 that bitcoin would reach $2,000 in 2017. At the time, […]

Bitcoin dipped to a six-week low Tuesday, as investors monitored warnings from regulators and reports of an escalated crackdown on the cryptocurrency market in China. Other major digital currencies including ethereum and ripple were also seen falling significantly. According to CoinMarketCap data, ethereum was trading at $1,090.96, down more than 18 percent in the last […]

Buying into initial coin offerings (ICOs) can lead to the total loss of an investment, said the head of a top European regulator. ICOs bear similarities to initial public offerings for a stock, but in an IPO, the investor usually has a stake in the company, whereas coin sales differ widely in terms of acquired […]

BlackBerry has launched a cybersecurity software aimed at protect driverless cars. The product which was released on Monday and is called Jarvis identifies vulnerabilities in software used in cars. Jarvis scans and delivers insights in minutes, a process that would normally take a large number of experts and a lot of time, BlackBerry said. “Connected […]

U.S. lawmakers are urging AT&T, the No. 2 wireless carrier, to cut all commercial ties to Chinese phone maker Huawei Technologies and oppose plans by telecom operator China Mobile to enter the U.S. market because of national security concerns, said two congressional aides. The warning comes after the administration of President Donald Trump took a […]

Ford has resurrected the Ranger. The Blue Oval reintroduced its popular smaller pickup truck for the North American market at the North American International Auto Show. The Ranger is equipped with a 2.3-liter EcoBoost engine and the only 10-speed automatic transmission in the segment, Ford said. The Ranger comes in three trim levels: entry-level XL, […]