Some gold bugs don’t like bitcoin because it lacks what they perceive as “intrinsic value”; however, this criticism ignores bitcoin’s key feature.

Finally, Merck bosses, in a conference call with financial analysts on Friday, said the NotPetya ransomware outbreak in June set the US pharma giant back at least $310m – $175m in costs and $135m in lost sales – just like it bit Maersk and FedEx for $300m each.

To find out which coin is likely to earn the ticker “BTC,” here’s an overview of the 20 largest Bitcoin exchanges based on trading volume according to data from Bitcoinity, and their stance on this naming issue.

The former manager of the Legg Mason Value Trust mutual fund, Mr. Miller now runs his own investment firm, Miller Value Partners LLC, in Baltimore. Among its $2.3 billion in assets is a $154 million hedge fund, MVP 1. The fund is up 72.5% so far this year, Mr. Miller said in an interview. It has about 30% of its assets in bitcoin, he said, up from about 5% ​in 2016.

Data shared exclusively with CNBC from financial research firm Autonomous Next shows the number of funds investing in digital assets like bitcoin has grown rapidly to 124.
Autonomous Next also estimates that the “crypto-funds” have about $2.3 billion in total assets under management.
While several leading Wall Street banking executives remain skeptical about bitcoin, more seasoned money managers are moving into digital assets management.

“There is far greater demand for bitcoin in Zimbabwe than supply because people see bitcoin as a store of value for their money in the bank,” one Harare Bitcoin trader said.

A store of value in nations with weak currencies could prove very popular.

Celebrity endorsements are helping start-ups raise big money in so-called
initial coin offerings. But it is not always clear what they are selling.

A Michigan man has been charged with running an unlicensed money transmitting business after selling nearly $150,000 in bitcoin online.

In the past few days more hashpower has been added to the network than all the cumulative hashpower added from 2009 to late 2016.

As Spain is poised to seize control of the Catalan government and stop the region’s bid for independence, an initiative is underway to emulate Estonia’s innovative e-residency programme.

Technology advocates in Catalonia, which is reputed to be ahead of the rest of Spain in areas like fintech, are also reportedly touting the possibility of a national cryptocurrency or digital token, something Estonia has also been considering.

Federal officials fanned across the country Friday to spotlight President Trump’s decision to declare opioid addiction a public health emergency, vowing to disrupt narcotics networks and the “dark web” marketplace where anyone with a computer can buy deadly drugs from China and Mexico.

From OKCoin to Binance.com, Chinese exchanges and wallet services are seeking a second life in friendlier Asian jurisdictions as the mainland clamps down on trading and coin offerings. They’re applying for licenses in Japan — solo or via partners — setting up over-the-counter shops in Hong Kong, or laying the groundwork to operate from Singapore and South Korea.

So I can spam a million zero-fee transactions at this service, then what happens? Hell, I can just send the current mempool from my full node (51k txs, don’t know how many are under 500 bytes).

Daniel Kelman is a lawyer on a warpath for justice. His target: freeing the remaining Mt. Gox funds, and stopping those who are trying to snatch them. Kelman’s aim is to set things right. This is his story.

The U.K. government’s economic and finance ministry has released a new policy document stating that cryptocurrencies like bitcoin pose a “low risk” for terrorist financing.

The bank that prints the money used today in Lebanon plans to launch its own digital currency.

The SEC’s new cyber unit appears to be stepping up its rhetoric on ICOs.

Samsung’s new “upcycling” initiative will allow you to put a completely new operating system on your old phones to give them new life.

In this opinion piece, he explains why there’s a shortage of devs in the bitcoin community, why that’s a problem and how the industry is addressing it.

The central bank of Kazakhstan has submitted proposals to its government to restrict some cryptocurrency-related activities. However, the bank’s chairman admitted that he does not fully understand what cryptocurrency is. Experts also weighed in on the feasibility of banning crypto mining in the country.

A British company that has been investing in internet and information businesses is having its best day on record.

Sergio Ermotti told CNBC he is “not necessarily” a believer in cryptocurrencies
UBS has been involved in a blockchain project — called Batavia — with IBM and other banks
Ermotti said distributed ledger technology would enable financial institutions to “operate and transact at a cheaper, more efficient level”