cryptocurrency

Some are turning to it out of desperation as their bank deposits lose value almost by the day

It has been on a tear in recent months with a vertiginous sevenfold increase in value since the start of the year

The popular cryptocurrency has 627 total contributors and over 12,000 followers

The money involved in it ranged from $150 million to $280 million

Six-fold gains in its price this year have stirred a debate among financial professionals

Surge driven by speculation Amazon will accept the digital currency as payment

Chinese traders are buying and selling bitcoin directly with each other on peer-to-peer marketplaces & messenger apps

The Bitcoin Investment Trust is currently traded “over the counter”

Chinese platforms BTCC and Okcoin accounted for 22 per cent of the world trade in bitcoins in early September

Investors in China contributed up to 2.6 billion yuan worth of cryptocurrencies through ICOs in January-June

Market capitalization of digital currencies has increased by around 95 per cent to $106 billion

Mining for cryptocurrency involves using networks of computers to solve complex mathematical problems

The virtual currency has more than doubled this year

LedgerX plans to operate regulated exchange and clearing house for bitcoin and other digital currencies

The new virtual money could face a tough battle integrating into the wider financial system

'bilur' was created by London-based financial services company R Fintech

OneGram’s Hackathon helps solve Crypto’s usability issue