Prices go up and prices fall and cryptos capture the imagination of traders, investors…and hackers. As 2018 gets underway, beware the risks beyond trading frenzies – such as being duped by the bad guys, who make off with the digital goods or stage phony IPOs,...
What goes up must come down — and yesterday, it seemed it was cryptocurrency’s turn to take a dance with gravity. Bitcoin saw its price drop by as much as 25 percent. Bitcoin losses, however, were probably felt a bit more acutely — by close...
In South Korea, a petition seeking a halt to the government’s bitcoin crackdown has gathered momentum — to the tune of more than 212,000 signatures. The petition wants regulators to stop their efforts to curb cryptocurrencies and, by extension, crush the “happy dream” of those bullish...
Bitcoin dropped 14 percent Tuesday, hitting its lowest point in a month and trading at below $12,000 a unit as concerns are popping up that a regulatory crackdown is imminent in several nations worldwide. South Korea, which has been a bit back and forth on...
There are rough days. And then there are rough days. Bitcoin had a bad day. By almost any measure, Thursday (Jan. 11) was a day the crypto bulls would have liked to forget, at least in the trading sense of the word. Consider $13,100: near the...
The official word from South Korea’s Blue House (the local equivalent of the White House) is in: there will be no ban on bitcoin trading in the near future for South Korea. The news follows a massive backlash against the South Korean Ministry of Justice,...
It’s a mistake that no retailer wants to make when integrating cryptocurrency into an eCommerce platform: Last week, a security firm discovered that Overstock.com had erroneously accepted bitcoin cash instead of bitcoin as payment for a product, CoinDesk reported. To confirm the issue, a journalist...
The end is here for bitcoin in South Korea, it seems, as Reuters is reporting that the government of the Asian nation has officially decided to ban cryptocurrency trading. Police and tax authorities have reportedly been raiding local exchanges on alleged tax evasion charges. The...
China has opened a new front in its attempt to crackdown on bitcoin within its national borders with a move to eliminate the nation’s massive bitcoin mining industry. On the orders of a multi-agency task force, regional authorities have been instructed to “actively guide” firms...
