Bitcoin just hit $17,000 for the first time in almost three years

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Bitcoin just hit $17,000 — a level it hasn’t breached in nearly 3 years — continuing a wild run that’s reminiscent of its monster rally in 2017. The price of bitcoin was up over 4% in the last 24 hours, trading at $17,030 and hitting its highest point since Jan. 7, 2018, according to data from industry website CoinDesk.

Read moreBitcoin just hit $17,000 for the first time in almost three years

driverless car firm of china Pony.ai valued at $5.3 billion after new cash injection

biggest chinese electric car company

Driverless car startup Pony.ai of China has raised another round of funding, bringing its valuation to $5.3 billion, the company said today. A fund run by the Ontario Teachers’ Pension Plan Board led the $267 million investment which also involved existing investors. Pony.ai says it has raised a total of $1 billion to date.

Read moredriverless car firm of china Pony.ai valued at $5.3 billion after new cash injection

Nearly $1 billion worth of bitcoin linked to Silk Road online black market is on the move

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Nearly $1 billion worth of bitcoin with potential ties to the Silk Road black market is on the move, according to Elliptic, a London-based blockchain analysis firm. Silk Road was closed down by U.S. federal authorities in 2013, while its creator, Ross Ulbricht, was sentenced to life in prison two years later.

Read moreNearly $1 billion worth of bitcoin linked to Silk Road online black market is on the move