[dropcap]C[/dropcap]ryptocurrencies are failing as a form of money and have shown classic signs of being a financial bubble, requiring regulators to protect consumers and stop their use for illegal activities, Bank of England Governor Mark Carney said on Friday. Carney did not call for a ban on cryptocurrencies such as Bitcoin – and said
Bitcoin Like A Charging Train Without Brakes Hits $17,000
[dropcap]B[/dropcap]itcoin flirted with $17,000 on Thursday, triggering a warning the cryptocurrency is “like a charging train with no brakes” and prompting fresh concern about its looming launch on mainstream markets. Still under $14,000 in Asian trading hours, it smashed through $15,000 in European trading and then later surged to $16,777.08 around 1630 GMT, according