Bitcoin plunges below $6,000 to lowest level in more than a year

Bitcoin is on the ropes again. Its price plummeted more than 10% on Wednesday, hitting its lowest level in more than a year. It’s now trading below $6,000, far ... Read More
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Cryptocurrency ATM growth spikes exponentially to 4,000 machines worldwide

According to global statistics provided by, there are now close to 4,000 cryptocurrency automated teller machines (ATMs). Moreover, there’s been a huge influx of bitcoin cash ATMs over ... Read More
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Former virtual currency trader fined over a million for Bitcoin and Litecoin fraud

The Commodity Futures Trading Commission (CFTC) issued an Order filing and settling charges against Joseph Kim (Kim), of Phoenix, Arizona, requiring Kim to pay more than $1.1 million for ... Read More
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Founder of digital “token” trading platform settled charges

The Securities and Exchange Commission (SEC) announced settled charges against Zachary Coburn, the founder of EtherDelta, a digital “token” trading platform. This is the SEC’s first enforcement action based ... Read More

Mining bitcoin uses more energy than what’s needed to excavate gold, platinum or copper: study

Extracting a dollar’s worth of cryptocurrency such as bitcoin from the deep Web consumes three times more energy than digging up a dollar’s worth of gold, according to researchers. ... Read More
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Fake Elon Musk accounts on Twitter promote bitcoin scams, one collects $170K

Several verified Twitter accounts have been hacked to impersonate Elon Musk on, Nov. 5, with one reportedly collecting almost $170,000. After compromising verified accounts, scammers changed the profile name ... Read More
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The formation of the Digital Currency Trade Association announced

The Digital Currency Trade Association (DCTA) has launched a membership trade association focused on the new digital asset economy. The DCTA is organized as a “business association” under IRS ... Read More

Hong Kong unveiled first set of rules governing the cryptocurrency market

Hong Kong’s financial watchdog unveiled on Thursday a comprehensive set of regulations governing cryptocurrencies in a move to enhance investor protection which analysts believe could help make the city ... Read More

Bitcoin turns 10 — how it went from an abstract idea to a $100 billion market in a decade

Ten years ago, as Lehman Brothers was declaring bankruptcy and the global economy was lurching into recession, the idea for an alternative currency was being quietly built online. Bitcoin ... Read More
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Cryptocurrency fraud: Don’t be taken in! How to determine that an offer is a fraud

FSMA Belgium published a new warning against cryptocurrency fraud and updated the list of cryptocurrency trading platforms for which it has detected indications of fraud, adding 21 new suspect ... Read More
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