Google announced a ban on online advertisements sponsoring cryptocurrencies and initial coin offerings as from June, this new policy forms part of a major crackdown on the promotion of a new type of high-risk financial products. Alphabet Inc., Google’s parent company announced yesterday night the decision of updating its current ad policy stating the search […]
In a recent interview, the World Bank Group President Jim Yong Kim compared Bitcoins to a “Ponzi Scheme” that once again triggered questions on the legitimacy of the world’s most popular cryptocurrency. “In terms of using Bitcoin or some of the cryptocurrencies, we are also looking at it, but I’m told the vast majority of […]
Bitcoin has been tumbling since the past few, and it’s been over 1.5 months that it last it’s all time high. Bitcoin hit an all time high $19,343 in December 16, 2017 after which it fell and topped at $17,135 on January 6, 2018. Ever since then its has been falling and hit $6,083 by […]
Before Apple forayed in the smartphone manufacturing sector, it was known for its other products- Macintosh, MacBook, iPod etc. that it manufactured down the years of developing technology. Apple, as we know it today, started off as Apple Computer Inc. on its roller-coaster journey where Steve Jobs, was forced out of his own company, after […]
India’s leading banks suspended some accounts of major Bitcoin exchanges in India. According to the sources, the reason of this move is suspicious transactions from exchanges side. Banks who suspend bitcoin transaction accounts are State Bank of India, Axis Bank, ICICI Bank, HDFC Bank and Yes Bank. The accounts of cryptocurrency exchanges/platforms in the country such as Zebpay, Unocoin, CoinSecure, […]
Kidnappers in Ukraine have released an employee at a United Kingdom-registered cryptocurrency exchange after getting more than $1 million in bitcoins as ransom, an adviser to the Ukrainian interior minister told Reuters on Friday. Pavel Lerner, a leading analyst and blockchain expert, was abducted by unknown masked people on Dec. 26, according to a statement […]
Starting from $1000 this year, Bitcoin has ramped up to around $20,000. With the launch of Bitcoin futures this week by Chicago-based derivatives exchange Cboe Global Markets, the prices are still expected to shoot up. The Bitcoin “bubble” has ignited a series of discussions on the Wall Street, questioning whether the Bitcoin is the new […]
As bitcoin raced to another record high on Tuesday, one of the biggest providers of digital currency wallets, Coinbase, went down under the weight of traffic, leaving many of its more than 10 million customers unable to access their funds. At the same time, Bitfinex, the world’s biggest bitcoin exchange by trading volume, said it […]
The Income Tax Department today conducted survey operations at major Bitcoin exchanges across the country on suspicion of alleged tax evasion, official sources said. They said various teams of the sleuths of the department, under the command of the Bengaluru investigation wing, today visited the premises of nine such exchanges in the country including in […]
Another Bitcoin security breach costed $79 million to a cryptocurrency exchange site NiceHash. NiceHash posted the theft on Facebook: In the breach, $79 million worth of bitcoin was stolen by hackers from NiceHash’s servers, in a scenario where Bitcoin reaches to almost $16,800. “In addition to undertaking our own investigation, the incident has been reported […]
Bitcoin rocketed to a lifetime high well above $16,000 on Thursday after climbing some 67 percent over one week, intensifying the debate about whether the cryptocurrency is in a bubble about to burst. The largest U.S. cryptocurrency exchange struggled to keep up with record traffic as the price surged, with an upcoming launch of the […]
Bitcoin climbed to a new all-time high of $6,450 on Wednesday, boosted by bets the cryptocurrency could enter the financial mainstream after the world’s largest derivatives exchange operator said on Tuesday it would launch bitcoin futures. CME Group, the world’s leading and most diverse derivatives marketplace, announced on Tuesday that it intends to launch bitcoin futures […]