Bitcoin prices on rollercoaster as negative news highlights risks

    Published in: Latest IntelligenceIt’s been a tumultuous start to the year for bitcoin, with a major hacking attack, possible fraud, a high-profile arrest, and concerns over increased regulation all serving to send the value of the virtual currency into a tail spin on some exchanges.The recent news flow has highlighted the potential pitfalls of the use of the currency, which has been touted as an ideal match for the iGaming industry.Major bitcoin exchanges are just getting back on their feet after a hacking attack that forced them to suspend all transactions.The Bitcoin Foundation call it a “denial of service” attack. “Whoever is doing this is not stealing coins, but is succeeding in preventing some transactions from confirming. It’s important to note that DoS attacks do not affect people’s bitcoin wallets or funds,” it said.The bug may result in users seeing their bitcoins “tied up” in unconfirmed transactions, it said,...

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