bitcoin
Singapore's Deputy PM Provides Bitcoin Vote of Confidence Amid China's Blanket Bans
Staff Reporter | | Mar 02, 2018 12:53 PM EST |
Singapore's deputy Prime Minister, Tharman Shanmugaratnam, has reiterated the Singaporean government's commitment "not to ban" digital currencies within its future regulatory plans.
China Finds Bitcoin Exchanges Circumventing Regulations; Halts Margin Trading
S. Rina | | Jan 20, 2017 09:57 AM EST |
China has taken strong steps to curb Bitcoin operations in the country. The government authorities undertook a series of investigations into the working Bitcoin exchanges in China. It found that several practices were in contravention to existing laws.
The Shadow Brokers Dump Hacking Arsenal as Parting Gift
Phenny Lynn Palec | | Jan 16, 2017 09:25 AM EST |
The Shadow Brokers, the infamous hacker group that stole cyberweapons from the United States National Security Agency, have announced that they are signing off, but not before sharing all of its hacking tools into the Internet. It appears that Shadow Brokers have developed a suite of hacking tools that are designed to penetrate computers that are running on the Windows platform.
China Tightens Exchange Controls, Sends Bitcoin Tumbling Down
S. Rina | | Jan 12, 2017 09:36 PM EST |
China continues its offensive against Bitcoin, sending the value of the cryptocurrency to the bottom. Bitcoin faced further erosion of 10 percent in its value as China's central bank announced that it may investigate unauthorized financing and market manipulation.
China Warning Causes Bitcoin Value to Plummet
S. Rina | | Jan 09, 2017 09:25 AM EST |
Bitcoin showed a deep plunge in its value as Chinese central bank raised concerns about the use of cryptocurrency. The drop in the value succeeded the meteoric increase in the value of the currency in the past two weeks.
Payment App Circle Will No Longer Allow Users to Buy or Sell Bitcoin
Phenny Lynn Palec | | Dec 08, 2016 09:57 AM EST |
Social payment app Circle recently announced that it will no longer allow its users to buy or sell bitcoin on its platform. Circle said that the digital currency did failed to integrate itself into the app's core business.
China’s National Council for Social Security Funds to Start Adopting Blockchain
Phenny Lynn Palec | | Sep 07, 2016 11:28 AM EDT |
China's National Council for Social Security Funds has announced that it is adopting the blockchain technology, a type of secure distributed database propagated by online digital currency Bitcoin.
Baidu’s Ban on Bitcoin Advertisement Will Affect Digital Currency Industry
Phenny Lynn Palec | | Aug 31, 2016 10:26 AM EDT |
Bitcoin industry experts have predicted a drop in the growth of the online currency following Baidu's decision to stop all bitcoin advertisements on its search engine platform. Last week, Baidu decided to take down not only bitcoin ads but all virtual currency advertisements from its search engine. The company is yet to release an official statement about this decision.
China Bitcoin Miners, Government Agencies, Electricity Companies Hold Conference
Phenny Lynn Palec | | Jul 14, 2016 10:07 AM EDT |
Several Bitcoin miners in China recently held an energy conference. The semi-private event was organized by Bitmain, the largest bitcoin miner in the region, in China's southwest provincial capital of Chengdu.
Banks Are Not Yet Ready to Embrace Bitcoin Blockchain Technology
Phenny Lynn Palec | | Jun 30, 2016 06:59 AM EDT |
BTCC, one of the very first Bitcoin exchanges in China, recently doused the growing interest of banks to adopt the blockchain technology integrated with the digital currency system. While China is slowly easing up its regulations regarding digital cryptocurrencies, tech and financial experts agree that blockchain has no significant application in financial institutions.
Payment App Circle to Expand Payment Service in China with $60 Million Funding
Ellie Froilan | | Jun 23, 2016 05:49 AM EDT |
Circle Internet Financial Ltd. has announced that it has already raised raised $60 million in new funding from China-based investors. The company also unveiled a dedicated domestic subsidiary, Circle China.
Craig Wright Claims to be Bitcoin Creator Satoshi Nakamoto
Charissa Echavez | | May 02, 2016 04:47 PM EDT |
Australian businessman Craig Wright has publicly claimed to be behind the pseudoname Satoshi Nakamoto, the brain behind the famous digital currency Bitcoin.
Good News Players: Global Steam Network now Accepts Bitcoins for Payments
Charissa Echavez | | Apr 30, 2016 09:33 AM EDT |
The famous Steam computer game network now accepts bitcoins. The initiative aims to make payments for players easier - especially those from Brazil, China, and India.
Efforts to Find Bitcoin Creator Satoshi Nakamoto Hits Dead End
Phenny Lynn Palec | | Dec 10, 2015 01:01 PM EST |
The ongoing search for creator of cryptocurrency Bitcoin has led investigators to the suburbs of Sydney, Australia. Two new investigations suggest that an Australian businessman used the pseudonym Satoshi Nakamoto, the brains behind Bitcoin.
Efforts to Find Bitcoin Creator Satoshi Nakamoto Hits Dead End
Phenny Lynn Palec | | Dec 10, 2015 01:01 PM EST |
The ongoing search for creator of cryptocurrency Bitcoin has led investigators to the suburbs of Sydney, Australia. Two new investigations suggest that an Australian businessman used the pseudonym Satoshi Nakamoto, the brains behind Bitcoin.
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