Industry insiders have warned that smaller cryptocurrencies face collapse amid the wider economic woes taking place. Some think this will be good as many junk projects will be removed from play.
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The US Department of Justice has indicted John McAfee over cryptocurrency fraud. It said the businessman was involved in a pump-and-dump scheme on Twitter. He's currently detained in Spain.
The price of bitcoin briefly reached $40,000 on Thursday before retreating a bit. It's not clear what will happen to the price going forward but it has certainly piqued people's interest.
Bitcoin has hit $5,000 today, marking its highest point since the start of the year. It was triggered after an order for 20,000 bitcoins was placed, split across three major exchanges.
Ledger's software wallets are vulnerable to an exploit which could see your bitcoins get surreptitiously sent to a hacker. The firm said that it doesn't plan to fix the issue but will raise awareness.
The price of bitcoin, yesterday, briefly passed the $3,000 threshold. It's the first major milestone since May 21, 2017, when bitcoin passed $2,000. Some spectators say it could go much higher.
