Cryptocurrency

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A controversial Russian Ponzi scheme is betting on Bitcoin to relaunch in Nigeria

12/01/2017(0)
A month after it suspended operations in Nigeria, Mavrodi Mondial Moneybox (MMM), a Russian Ponzi scheme with over 2 million participants in Africa’s most populous country, is already plotting ... Read More
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The price of Bitcoin falls 10% as China plans to investigate exchanges

11/01/2017(0)
The price of bitcoin fell by around 10 percent after Chinese authorities announced plans to inspect bitcoin enterprises. The People’s Bank of China published an announcement this morning that ... Read More
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Former Bitcoin Exchange Operator Pleads Guilty to Bank Fraud

11/01/2017(0)
Former Bitcoin exchange operator Anthony Murgio has been involved in a criminal investigation for quite some time now. Earlier this week, Murgio pleaded guilty to charges of conspiring to operate ... Read More
A sticker that reads "Bitcoin accepted here" is displayed at the entrance of the Stadthaus town hall in Zug

Bitcoin’s Price Volatile at $900 as China Concerns Linger

10/01/2017(0)
Bitcoin prices experienced intense price volatility on 9th January, continuing a trend that’s been the new normal since late last week. Prices fell nearly 5% in less than two ... Read More
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Here’s Why Bitcoin’s Dramatic Rally Just Came to an End

09/01/2017(0)
A dramatic rally in digital currency bitcoin came to a spectacular end on Thursday with a plunge of up to 20% as China’s yuan rose sharply—further evidence of an ... Read More
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Bitcoin Extends Loss After China’s Central Bank Warns Investors

09/01/2017(0)
PBOC officials tell bitcoin platform to rectify issues Bitcoin surged 120% in 2016 as yuan depreciation quickened Bitcoin extended Friday’s tumble amid concern China will tighten rules on the ... Read More
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Bitcoin is crashing

05/01/2017(0)
Bitcoin is getting smashed. The cryptocurrency was down 18% to about $892 per coin as of 8:17 a.m. ET on Thursday. It is the biggest drop in two years. ... Read More
Close up 3D illustration of paneled golden Bitcoins

Bitcoin hits a record high, but can it rival gold as a safe haven?

05/01/2017(0)
With economic and geopolitical risks on the rise, bitcoin boosters are championing the ability of their crypto-currency, which hit an all-time high this week, to rival gold as a ... Read More
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Colombia Declares Bitcoin and Other Digital Currencies Illegal

04/01/2017(0)
An article published by Colombian publication PanAm Post suggests bitcoin, and digital currencies in general, are now illegal in Colombia, claiming the administrator of regulatory body announced the news ... Read More
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Legal Sparring Continues in Bitcoin User’s Battle with IRS Tax Sweep

03/01/2017(0)
In a strange twist, Coindesk reports that the IRS has, somewhat indirectly, removed one target from its broad request for data about U.S. users of the Bitcoin exchange Coinbase. ... Read More
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