The South Korean government says it plans to ban cryptocurrency trading, sending bitcoin prices plummeting and throwing the virtual coin market into turmoil. Grace Lee reports. Continue reading
With Zimbabwe under threat of cash shortages and hyperinflation, some are turning to highly-volatile cryptocurrencies like bitcoin as a safer haven for their money. Matthew Larotonda reports. Continue reading
IRKUTSK, RUSSIA (REUTERS) – Cheap energy prices and a long winter season could make the Russian Siberian town of Irkutsk an ideal spot for eco-friendly bitcoin mining.
Bitcoin is booming, digital currency hedge funds are sprouting at the rate of two a week and the value of all cryptocurrencies has surged tenfold this year to more than $170 billion. But as Kate King reports, mainstream institutional investors are steering clear, taking the view that it is too lightly regulated, too volatile and too illiquid to risk investing other people’s money in. Continue reading
SOCHI, RUSSIA (OCTOBER 10, 2017) (RUSSIAN PRESIDENTIAL PRESS SERVICE) – President Vladimir Putin said on Tuesday (October 10) crypto-currencies were risky and used for crime, as Russia’s central bank said it would block websites selling bitcoin and its rivals – a change of tone from a month-old promise to legalise the market. Continue reading
IRKUTSK, RUSSIA (RECENT – AUGUST 31, 2017) (REUTERS) – Russian Siberian city of Irkutsk has recently seen increased interest in crypto-currency mining due to the cheep energy prices in the region. Continue reading
Volatile cryptocurrency markets have experienced massive gains in recent months, followed by huge dips and then subsequent signs of recovery. Continue reading
China Central Television (CCTV) – More irregularities about the concocted online payment unit, bitcoin, have aroused more concerns of monetary regulators everywhere. Continue reading