Bitcoin boom: The online-currency is trading at £2,050 for one bitcoin – up 180% in a year
Incredibly, according to Reuters those who bought $100 (£77) of bitcoin at the 0.003 cent price on May 22, 2010, would now be sitting on more than $73million (£56million).
Created in 2009, bitcoin is a type of virtual currency that is free from government interference and can be shared instantly online.
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Cyber-security hasn’t strayed too far from the headlines this week thanks to the WannaCry ransomware attack last weekend.
Online menace: Cyber-security hasn’t strayed too far from the headlines this week thanks to the WannaCry ransomware attack last weekend
The cyber-attack infected more than 200,000 computers in 150 countries, including some of those owned by various governments and healthcare providers.
“I’ve never seen anything like this,” said one trader with decades of experience.
Trading was delayed in Sao Paulo’s stock exchange and once it opened the circuit breaker stopped all operations within just a few minutes. That has not happened since the global financial crisis of 2008.
Taking the stress out of stocks…
Budget airline easyJet plunged into the red again on weak sterling and an early Easter, but is the stock a buy yet? And Barclays ceo Jes Staley is on a final warning from major shareholders, but shouldn’t he just really go now?