REUTERS/Toru Hanai Last week the trustees of bust bitcoin exchange Mt Gox said they had sold $ 400 million of bitcoin since the end of last year. Bitcoin investors blamed the large sell orders for a slump in bitcoin’s price at the start of the year. Many investors believe Mt Gox’s trustees can’t sell any […]
Tag: Bitcoin
Bitcoin should be regulated like gold – major crypto exchange
Trading of bitcoin and other digital currencies should be regulated in a similar way to gold, which commonly benefits from simpler compliance rules than stocks or bonds, according to Austria’s biggest crypto-broker Bitpanda. According to the Vienna-based exchange, all transactions over €10,000 ($ 12,300) processed in the European Union should be subject to anti-money laundering […]
‘Hodlers’ complaining about the ‘special moron’ handling the Mt Gox sale are really complaining about Bitcoin itself
Coindesk Bitcoin holders (or “hodlers” as they call themselves) are heaping abuse on a lawyer whose job is to sell bitcoin recovered from a massive 2014 cryptocurrency theft. The sales are depressing the price. These people are ridiculous. Bitcoin represents nothing except its price, and the price reflects supply and demand. Complaining about sales that […]
Bitcoin is tanking again and just slumped through $9,000
Wang He/Getty Images Bitcoin is continuing to slide in Asian trade after prices fell by another 6% overnight. A short time ago, prices had slumped below $ US9,000 — a fall of more than 20% from levels above $ US11,500 earlier this week.See the rest of the story at Business Insider NOW WATCH: Elon Musk […]
The cryptocurrency world has gotten a lot more complicated since the original launch of bitcoin
Thomson Reuters The cryptocurrency world has gotten much more complicated since bitcoin’s original launch, with new tokens serving different roles emerging almost constantly. An infographic shows when 25 of the most notable cryptocurrencies came into being, what they are used for, and how big they are by market cap and trade volume. Since garnering more […]
Martin Lewis issues Bitcoin scam WARNING: ‘No one should touch with a bargepole’
Martin Lewis, 45, appeared on Good Morning Britain today and warned viewers to look out for Facebook Bitcoin scams involving his name. The money saving expert has been plagued by fake scams in the past, and has now had to speak out about another. He said: “There’s another plague of Facebook ads with me in […]
Bitcoin falls after SEC warning that trading platforms could be ‘unlawful’
The price of bitcoin has fallen to a one-and-a-half-week low on Bitstamp, following a warning from the US Securities and Exchange Commission (SEC) that some cryptocurrency trading platforms are “potentially unlawful.” In a statement posted on its website, the SEC said that if a platform offers to trade digital assets and operates as an “exchange”, […]
The CEO of bitcoin exchange Mt Gox described what it was like to discover he had been hacked: ‘It felt like I was about to die’
Reuters The CEO of hacked bitcoin exchange Mt Gox said that discovering he had lost £4.5 billion worth of customer money “felt like I was about to die.” Karpeles told the BBC that running the bitcoin exchange was a “daily nightmare” and a “constant race.” Karpeles has been released on bail from a prison in […]
How much to mine bitcoin? Mapping the world’s most affordable countries
The number of cryptocurrencies in the world has risen above 2,000 to date, with new ones appearing almost every week. However, bitcoin is still the leader when it comes to price and popularity. In the midst of the recent bitcoin fever, many have been tempted to take their savings from under the mattress and […]
Bitcoin thirst spurs Icelandic heist—“Grand theft on a scale unseen before”
Enlarge / Reykjanes is just southwest of the capital, Reykjavik. (credit: Jennifer Boyer) Eleven people have been arrested in Iceland as a result of what local media are calling the “Big Bitcoin Heist”—600 mining computers were recently stolen from Icelandic data centers in four separate burglaries between December 2017 and January 2018. According to the Associated […]