Digital currencies

A tribunal in Iasi in northeastern Romania has ordered the pre-trial detention of 30 days for a man arrested last Thursday for allegedly stealing half a million euros in crypto from a leading cryptocurrency operator, sources from the organised crime prosecution office told BIRN.

Almost everybody with internet access knows about Bitcoin. And, there's never a shortage of opportunities to invest in Bitcoin. Even mainstream media always has a story that somehow relates to Bitcoin. Essentially, this cryptocurrency is ever-present in the lives of most people. Since its emergence, Bitcoin has never ceased to fascinate investors and people in general.

The global economy is without a doubt moving towards the digital eco-system. Everything, from money transfer to investment, is becoming paperless. Bitcoin is among the most promising and the most recent additions to the digital eco-system.

Turkey's Treasury and Finance Ministry is carrying out a study on cryptocurrencies amid recent debate over Bitcoin.

In a press release on Monday, the ministry said it is collaborating with the Turkish Central Bank, the Banking Regulation and Supervision Agency, and the Capital Markets Board in its research.

There's no end in sight when it comes to the number of video games coming out. New ones just keep coming in. That's because game developers make sure to produce plenty of titles to cater to the different interests of millions of players. So, far they haven't disappointed their audience.

"Illicit trade in forged US and Bulgarian ID documents has been intercepted," Prosecutor General Ivan Geshev wrote on Twitter.

The operation was carried out by the Prosecutor's Office and the GDBOP (organized crime task force) and targeted crimes in cyberspace.

The Prosecutor General also noted that "fighting cybercrime is a challenge that we successfully tackle."

Bitcoin hit yet another record high on Friday, and moved within sight of market capitalisation of $1 trillion a, blithely shrugging off analyst warnings that it is an "economic side show" and a poor hedge against a fall in stock prices.

Bitcoin hit a new high of $50,602, and was last up 5% at $50,300. It has risen around 72% so far this year, with most of the gains coming after electric carmaker Tesla said it had bought $1.5 billion in bitcoin.

It also said it would accept the currency as payment.

Ljubljana – Finance, the business paper, argues in Monday’s commentary that a monetary revolution is under way globally, as evident from recent events surrounding cryptocurrencies.

Bitcoin was fast approaching the $50,000 mark on Tuesday as the afterglow of Elon Musk-led Tesla's investment in the cryptocurrency had investors reckoning it may become a mainstream asset class for both corporations and money managers.