Bitcoin

Twitter Said to Be Planning Bitcoin Payments as Tips on Its Platform

Indo-Asian News Service | Tuesday January 14, 2020

Dorsey has also hired Bitcoin developers for his payments company. He is an advocate of digital currency bitcoin but he also says it is "not functional as a currency".

Bitcoin's Purported Creator Says His Fortune May Remain Locked

Olga Kharif, Bloomberg | Saturday December 28, 2019

The man who claims he invented the world's largest cryptocurrency and was ordered by a judge to surrender about $3 billion of his Bitcoin holdings said he may not be able to do so anytime soon.

US Arrests Three Men In Alleged $722 Million Cryptocurrency Fraud

World News | Agence France-Presse | Wednesday December 11, 2019

US authorities arrested three men in an alleged fraud that raised $722 million from investors lured by fake bitcoin mining earnings, the Justice Department announced Tuesday.

Bitcoin Dives to a Six-Month Low on China Crackdown

Reuters | Saturday November 23, 2019

Bitcoin slumped to a six-month low on Friday after China's central bank launched a fresh crackdown on cryptocurrencies, warning of the risks entailed in issuing or trading them.

Hackers Demand $5 Million From Mexico's State Oil Firm in Ransomware Attack

Reuters | Wednesday November 13, 2019

Hackers demanded about $5 million in Bitcoin from Mexico's Pemex, they told Reuters on Tuesday, saying the state oil firm missed a special discount by not paying immediately after a cyber-attack.

Facebook Ordered to Pull Financial Fraud Adverts by Dutch Court

Reuters | Tuesday November 12, 2019

A Dutch court has ordered Facebook to remove advertisements that misuse the likeness of a local celebrity to promote fraudulent Bitcoin-related investments.

China Leaves Bitcoin Mining Out of List of Restricted Activities

Reuters | Friday November 8, 2019

China, which is among the biggest manufacturers of Bitcoin mining gear, has decided against eliminating the mining of the cryptocurrency, the state planner has indicated.

China Set To Introduce Its Own Digital Currency, Say Analysts

World News | Agence France-Presse | Tuesday October 15, 2019

As Facebook readies to launch its answer to bitcoin, China is set to introduce its own digital currency -- one that could allow the government and the central bank to see what people spend their money on, according to analysts.

Apple Sued by Russian Man for Allegedly 'Turning Him Gay'

Agence France-Presse | Friday October 4, 2019

A Russian man has filed a lawsuit against Apple for moral harm claiming that an iPhone app had turned him gay, according to a copy of the complaint seen by AFP.

Kingpin Of Bitcoin Scam Worth Rs 485 Crore Murdered In Dehradun: Police

India News | Press Trust of India | Saturday August 31, 2019

The kingpin of a bitcoin scam worth Rs 485 crore that had its roots in Kerala was beaten to death by five of his associates in Dehradun, a senior police official said this morning.

2 Indian-Origin Canadians Indicted For $233,320 Bitcoin Fraud

Indians Abroad | Press Trust of India | Friday August 23, 2019

Two Indian-origin Canadian nationals have been charged on various counts in a bitcoin fraud case where they used social media platform Twitter to transfer hundreds of thousands of dollars worth of virtual money in their accounts.

Government Panel Recommends Ban On Cryptocurrency

Business | Thomson Reuters | Monday July 22, 2019

The panel was set up in 2017 by the then finance minister, Arun Jaitley, after reports of extensive money laundering with the use of digital currencies

Bitcoin Drops More Than 10 Percent as Scrutiny of Cryptocurrencies Grows

Reuters | Monday July 15, 2019

Bitcoin slumped more than 10 percent over the weekend to a two-week low as fears of a crackdown of cryptocurrencies grew on mounting scrutiny of Facebook's planned Libra digital coin.

Trump Blasts Bitcoin, Facebook's Libra, Demands They Face Banking Regulations

Reuters | Friday July 12, 2019

Donald Trump on Thursday criticised Bitcoin, Facebook's Libra digital coin, and other cryptocurrencies and demanded that companies seek a banking charter and make themselves subject to US and global regulations.

Cryptocurrency Is "Not Money", Says Donald Trump

World News | Agence France-Presse | Friday July 12, 2019

US President Donald Trump expressed his mistrust of cryptocurrency Thursday, saying it was "not money" and warning that those wishing to join the trade would have to abide by banking regulations.