A Japanese pop group hopped on the bitcoin bandwagon on Friday (January 12), dedicating themselves to singing and dancing about the cryptocurrencies that have taken the world by storm this last year. Edward Baran reports. Continue reading
Tag Archives: Digital currencies
South Korea plans to ban cryptocurrency trading
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
Think bitcoin’s getting expensive? Try Zimbabwe
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
Siberian entrepreneurs mine bitcoins to heat private house
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.
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Big money stays away from booming bitcoin
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
Russia turns cold on crypto-currencies
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
Cheap electricity makes Siberian city of Irkutsk the Russian capital of bitcoin mining
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
Bitcoin trading needs stringent regulation, supervision: market makers and players
China Central Television (CCTV) – More irregularities about the concocted online payment unit, bitcoin, have aroused more concerns of monetary regulators everywhere. Continue reading