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Bitcoin price crashes by over $1,300 in less than 48 hours

The world’s most popular cryptocurrency bitcoin dropped below $6,500 on Friday, having fallen well over $1,300 since hitting an all-time high set earlier this week. Bitcoin was trading at $6,499 at 8:30pm GMT on Friday, fixing a 17 percent drop from its record high two days ago, according to data compiled by industry website Coinmarketcap. #Bitcoin…

Ex-agent in Silk Road probe gets more prison time for bitcoin theft

(Reuters) – A former U.S. Secret Service agent sentenced to nearly six years in prison for stealing bitcoins during a probe into the online drug marketplace Silk Road was sentenced on Tuesday to an additional two years for another digital currency theft. Shaun Bridges, 35, was sentenced by U.S. District Court Judge Richard Seeborg in…

Ethio telecom Manoeuver Upsets Mobile Market

Unlike the old days, Danawit Alemseged was idle for a long time on Wednesday morning, in her four square metres mobile apparatus retail shop, located behind Betelhem Plaza, Megenagna along Equatorial Guinea street. The day is not a profitable one as she has not sold any products since two days. For Danawit, who used to…

Walmart’s E-Commerce Business Is Battling Target and Costco as Much as Amazon

Much of Walmart’s recent e-commerce growth involves online purchases of items that are picked up at its stores, and would have otherwise been bought offline. Is Walmart Stores Inc. (WMT – Get Report) a tougher rival to Amazon.com Inc. (AMZN – Get Report)  than it was 18 months ago? Without a doubt. But that doesn’t mean all, or even…

Dove Apologizes After Body Wash Ad Is Slammed For Being Racist

Dove apologized Saturday following outcry over an advert it published to Facebook that many considered to be racist. The ad is a three second GIF that promotes Dove’s body wash and shows a black woman peeling off a dark shirt and transforming into a white woman in a beige shirt. The white woman peels off her shirt to reveal…

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