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. read more

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. read more

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. read more

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. read more

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. read more

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. read more

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. read more

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. read more

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. read more

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. read more

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. read more

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. read more

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. read more

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. read more

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. read more

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