Bitcoin is now becoming a “safe haven asset” and predicted to hit $15,000 in the wake of the devaluation of China’s currency, with the cryptocurrency jumping 10 percent as global stocks reacted to the devaluation of the yuan and the China-US trade war intensified, according to the chief of one financial analyst firm.
Curtin University has launched a new Cryptocurrency PhD Scholarship Fund, designed by Curtin data scientists, which will enable companies and individuals to donate cryptocurrency to fund PhD students in the areas of blockchain, cyber security and data analytics.
The head of a company that helps people to invest small amounts in bitcoin on a regular basis has described blockchain as merely a glorified database and ridiculed those who use it for pushing their products, by saying that such efforts are merely "classic PR announcements" by "large, boring corporates" who want to show that they are still innovative.
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