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Some cryptocurrency fraudsters appeal to people's greed, promising big returns
Bitcoin has almost doubled in price this year, underscoring its volatility after a bruising 2018
The price of Bitcoin, the biggest cryptocurrency, has more than doubled since its Dec. 14 trough and is now rising for a sixth-straight day on Bitstamp
According to Facebook insiders, the blockchain group is developing a stablecoin, a type of digital currency pegged to the US dollar or a basket of currencies, making it less prone to swings in price
The 7,000 bitcoin were withdrawn by hackers using a variety of techniques 'including phishing, viruses and other attacks'
The system would use a digital coin similar to bitcoin, but different in that Facebook would aim to keep the coin's value stable
Director (Projects and IT) of SPDCL, assuring no data breach said the website of their organisation is open and that of Northern Power Distribution Company Limited is in the process of restoration
A loss of faith in the stablecoin would be a major blow to traders who rely on it for liquidity on many of the world's lightly regulated crypto exchanges
Masayoshi Son previously bitcoin loss shows that even some of the world's most sophisticated and wealthiest investors got caught up in the frenzy.