Digital currency

Denmark sees potential for blockchain technology in humanitarian aid and said on Thursday it is considering becoming the first donor country to move money using cryptocurrencies, according to Reuters.

Bitcoin and other digital currencies have failed to stay at record highs on Thursday. The market has seen a correction with digital coins falling from 17 to 30 percent.

The leader bitcoin plunged to $9,300, losing about $2,000 from record highs. Ethereum lost more than 20 percent and was trading at just above $400.

The latest album of the Icelandic singer, Bjork, will be sold for cryptocurrency, the bitcoin.com site reported.

The world's most popular digital currency is on a record-breaking marathon. Bitcoin has again attained a new record, jumping over the US$7,000 barrier.

As Bitcoin closes in on a $100 billion market cap, world governments and banks are taking note, but Mario Draghi, chief of the European Central Bank (ECB), thinks cryptocurrencies are not mature enough to be considered as yet.

The ECB president was reportedly speaking at a press conference, where he said:

The price of bitcoin, the world's best-known cryptocurrency, has smashed through $5,000 to a new all-time high.

Bitcoin is now trading at $5,186 compared with $966 at the start of the year. The digital currency has soared 750% in the past year, and is now worth four times as much as an ounce of gold.

Have you visited Showtime’s website recently? If so, you may be a cryptocurrency miner. An observant Twitter user was the first to sound an alarm last month that the source code for the Showtime Anytime website contained a tool that was secretly hijacking visitors’ computers to mine Monero, a Bitcoin–like digital currency focused on anonymity.

The price of Bitcoin has plummeted in the last three days after the virtual currency hit record levels, according to The Telegraph.co.uk.

Values of other cryptocurrencies such as Ethererum and Ripple have also plunged, wiping billions off their combined values.

All eyes are currently pointed at Bitcoin because the cryptocurrency divided in two, reports Profit.bg

A US jury indicted a Russian man on Wednesday as the operator of a digital currency exchange he allegedly used to launder more than $4 billion for people involved in crimes ranging from computer hacking to drug trafficking.