Bitcoin

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.

"Welcome To The Party": Winklevoss Twins To Zuckerberg On Crypto Plan

Business | Vildana Hajric and Alastair Marsh, Bloomberg | Thursday July 11, 2019

The Winklevoss twins, one of the earliest proponents of crypto -- and bitcoin, in particular -- are speaking out for the first time since Zuckerberg's Facebook announced plans to launch a digital token.

Bitcoin Criminals Set to Spend $1 Billion on Dark Web This Year: Report

Olga Kharif, Bloomberg | Tuesday July 2, 2019

Bitcoin's use in illegal online marketplaces peddling everything from drugs to child porn is on pace to set a record this year at more than $1 billion.

Bitcoin Volatility on Full Display With $1,800 Drop in Minutes

Gregor Stuart Hunter, Olga Kharif, Bloomberg | Friday June 28, 2019

Bitcoin prices revived themes well known to the digital currency that inflated then burst less than two years ago.

Cryptocurrency Exchange Koinex Shuts Operations Citing "Uncertainty, Disruption": 10 Things To Know

Business | NDTV Profit Team | Thursday June 27, 2019

Cryptocurrency exchange Koinex on Thursday announced its decision to shut down all of its digital assets exchange services and operations. In a series of posts on microblogging site Twitter, Koinex said it would "permanently disable" its assets trading services on all platforms from 2:00 pm on June 27. The announcement comes at a time many regulato...

Rajasthan Police Uncovers Huge Bitcoin Scam, 4 Arrested

India News | ANI | Wednesday June 26, 2019

The complainants alleged they did not receive any money in return of investing in the companies and were instead asked to invest money in another company on the promise of even better returns.

Bitcoin Reaches 18-Month High as Facebook's Libra Spurs Interest

Reuters | Wednesday June 26, 2019

Bitcoin jumped to an 18-month high on Wednesday, a surge analysts said was caused by nervous traders looking for safety in alternative.

Bitcoin Rises To $12,935 Against Dollar, Strongest Level In 18 Months

Business | Thomson Reuters | Wednesday June 26, 2019

Bitcoin traded last at $12,485 after reaching a high of $12,935 earlier in the Asian session.

Bitcoin Surges Above $11,000 Thanks to Facebook's Currency Plans

Reuters | Monday June 24, 2019

Facebook said last week it planned to launch a new cryptocurrency called Libra.

Craig Wright Says He Invented Bitcoin, Now He’s Suing Those Who Doubt Him

Olga Kharif, Bloomberg | Saturday June 22, 2019

Craig Wright is a comic-book supervillain for some in the world of cryptocurrency.

US Town Agrees To Pay $600,000 Bitcoin Ransom To Hackers

World News | Agence France-Presse | Friday June 21, 2019

A Florida town has agreed to pay a $600,000 ransom in Bitcoin after hackers paralyzed its computer systems.

'Stablecoins' in the Spotlight as Facebook Unveils Libra Cryptocurrency

Reuters | Wednesday June 19, 2019

Bitcoin, the original cryptocurrency, accounts for over half of the $285 billion global coin trading market.