Latest Articles in bitcoin
Coinsecure Exchange Says USD 3 Million Worth Of Bitcoins Stolen
Coinsecure, which has over 200,000 users trading on its platform daily, said that around 438 bitcoins, which were stored in a password-protected virtual wallet were siphoned off to an unknown destination on the internet after the details were leaked online
Read MoreWhat Bitcoin Needs In Order To Turn Around
The magic trinity of merchant acceptance, price stability and 'no more bad press' doesn't appear to be 'just around the corner' for Bitcoin
Read MoreAsia's Cryptocurrency Arbitrage Boom Fizzles, But Profits Persist
At the height of the frenzied demand for bitcoins in January, when prices of the digital currency were hovering close to $20,000 after a 20-fold jump during 2017, Li and other traders were able to sell bitcoins in China for 30 to 40 percent more than they cost elsewhere
Read MoreWhat Can You Do If Government Bans Cryptocurrency?
While China in early 2017 has already blocked the Cryptocurrency exchanges, the U.S banks are denying the Cryptocurrency purchases to avoid the illegal transactions
Read MoreBitcoins For Free? Japanese Cryptocurrency Exchange Lands In Hot Water Again
Zaif's operator had already faced checks after last month's theft of $530 million in digital money from Coincheck Inc, with regulators fearing its systems were at risk from cyber-attacks
Read MoreBitcoin Extends Slide, Falls Below USD 7,000
The currency, which surged more than 1,300 percent last year, has lost about half its value so far in 2018, as more governments and banks signal their intention for a regulatory crackdown. Last week bitcoin suffered its worst weekly performance since 2013
Read MoreIndian Budget 2018 Almost Kills Cryptocurrency, Govt Terms It An Illegal Tender
After months of speculations over the fate of cryptocurrencies in India, Finance Minister Arun Jaitley in his Budget 2018 speech explicitly reiterated that all crypto-currencies, which includes Bitcoin, are illegal and the government will take measures to eliminate it
Read MoreSouth Korea Plans To Ban Cryptocurrency Trading
Turmoil for the Bitcoin market on Thursday (January 11), as South Korea announces it may ban cryptocurrency trading altogether.
Read MoreIndian Authorities Weighing How To Regulate Cryptocurrencies: SEBI Chief
India currently has no regulation for cryptocurrencies, and like other global policymakers, it is seeking to understand how to supervise a market that many feel is a speculative bubble
Read MoreIndian Tax Authorities Investigating Ways To Collect Tax From Bitcoin Exchanges
Thousands of transactions are taking place every day in unregulated cryptocurrency exchanges and the Income Tax Department has launched surveys in the cities of Delhi, Mumbai, Pune, Bengaluru and Hyderabad, spokeswoman Surbhi Ahluwalia said
Read MoreIs Regulatory Forbearance Hurting the Cryptocurrency Market?
Given the nebulous nature of cryptocurrencies, there has been an ongoing turf war over whether it would be the RBI or SEBI which has appropriate jurisdiction to regulate them.
Read MoreBitcoin Pauses Below Record Peak; Gained 55 Percent In November
Bitcoin investments are seen as mere speculation because demand has skyrocketed without fundamentals backing the cryptocurrency, said Jin Yong-Jae, a Seoul-based economist at HI Investment & Securities
Read MoreBitcoin Electricity Consumption: Unsustainable Cryptocurrency
Research done by energy tariff comparison service shows that the amount of energy expended mining bitcoin globally has already exceeded the amount used on average by Ireland and most African nations and is more than the annual usage of almost 160 countries
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