The Chinese Communist government views market power as a weapon for achieving geopolitical dominance, so it comes as no surprise that Beijing is cracking down on Bitcoin and other cryptocurrencies, viewing them as an unacceptable dilution of state power over the economy.
Independent researchers at Princeton University have revealed that they can identify the names of users behind Bitcoin transactions.
Greek police arrested Russian citizen Alexander Vinnik this week at the request of US law enforcement over suspicion of money laundering and alleged involvement with the Bitcoin exchange BTC-e, which may have had ties to the infamous Mt Gox theft that took place in 2014.
The increasingly popular crypto-project Ethereum has had a strong 2017, increasing in value by more than 2,700 percent since the beginning of the year.
Bitcoin is in a massive trading frenzy, with prices for the digital currency breaking through many all-time price and volume highs. As Bitcoin’s weekend trade price reached over $2,000 U.S. dollars, many are wondering why.
On Monday, a Google security researcher announced the discovery of code in the “WannaCry” ransomware virus that suggests a notorious North Korean hacking group is behind the major cybercrime.
Venezuelan internet users have quantified the “Rare Pepe,” converting the internet meme into a Bitcoin-linked alternative currency to escape the economic controls imposed by Venezuela’s socialist regime.
The Wall Street Journal reports allegations by an Indonesian official that terrorism in the world’s largest Muslim-majority nation has been financed with Bitcoin and PayPay.
(Reuters) — Bitcoin plunged by as much as 12 percent on Friday after China’s central bank urged investors to take a rational and cautious approach to investing in the digital currency, which is on track for its heaviest two-day drop in two years.
Bitcoin value took a dramatic dive Thursday with the cryptocurrency’s value falling by as much as 18% to $820 per coin, according to Business Insider.
(Reuters) — Bitcoin qualifies as money, a federal judge ruled on Monday, in a decision linked to a criminal case over hacking attacks against JPMorgan Chase & Co and other companies.
With the Brexit being the worst one-day global financial crash since the Lehman Brothers bankruptcy in 2008, Bitcoin gained a tremendous amount of credibility as a safe haven asset that is “good as gold.”
Earlier this week, Australian entrepreneur Craig White claimed he was the creator of the digital currency Bitcoin. Reuters noted on Friday that in the face of mounting skepticism, Wright has declared he will not provide any further evidence to back up his claim.
Australian entrepreneur and computer scientist Craig White claims he is the creator of the cryptocurrency Bitcoin.
A recent study on the energy consumption of Bitcoin transactions revealed that the digital currency may consume as much electricity as Denmark by 2020.
New evidence is emerging that virtual currencies and distributed ledgers, like bitcoin, are gaining strength in emerging economies by cutting out huge fees charged by local banks and financial institutions.
In the purported interest of keeping people safe, the European Commission wants to make us all easier to find. In an announcement released today, the EU’s executive body says it wants to stop the anonymous use of virtual currencies like Bitcoin in order to improve security.
With law enforcement going after online sex trafficking of minors with a vengeance, Bitcoin virtual currency is becoming the preferred coin of the realm for the sex industry. Police and the FBI have battled escort services for decades in an effort
Contents: Greeks are deeply divided over Sunday’s referendum; Greece’s referendum revives memories of a bloody civil war; Tunisia declares a ‘state of war’ as Mideast meltdown continues
A 17-year-old Muslim teenager in Virginia pled guilty to charges of providing material support to ISIS by offering them technical support with social media, data encryption, and using the virtual currency called Bitcoin.
Bitcoin’s open-source digital currency was designed to disrupt and cut out the manipulative architecture of central banks, such as the U.S. Federal Reserve. Originally, Bitcoin transactions went through a third party. But the virtual currency has evolved to eliminate all of
Last February, the New York Times editorial writer Joe Nocera raged against “The Bitcoin Blasphemy,” which he claimed was libertarian “sacrilege” since it is “unconnected to any currency or any government.” But try as they might, the leftist thought police at the Times that see bitcoin as an existential threat to “full faith” in the dollar and the U.S. government are failing.