In significant news coming out of China, China’s central bank – the People’s Bank of China – has revealed that it carried out on-site checks on major Chinese bitcoin exchanges in Beijing and ... Read More
It is not clear what measures BTCC was asked to undertake, but China has recently instituted strict capital controls to prevent capital flight due to yuan’s continued decline. There were speculations ... Read More
“How can it be the case that the IRS is unable to estimate the extent of any virtual currency tax noncompliance, yet it told this court that tax evasion using virtual currency was so serious that it j... Read More
Bitcoin’s value completely depends on supply and demand in the market…That’s why bitcoin’s value has been rapidly surging.
In 2010, over $5 billion was sent back home from Indonesian migrant worker... Read More
Analysis: What 2019 Could Bring for Bitcoin
Trading in altcoins was a big part of what made Bitcoin price spike towards the end of 2017. A section of the crypto space argues that while altcoins helped Bitcoin’s market cap swell, they also bro
Bitcoin Cash Going Down as Stellar Warms up
Bitcoin Cash’s market cap has been cut in half since the Nov. 15 hardfork which birthed the Bitcoin ABC and Bitcoin SV chains. Now at a mere $3.5 bln and a unit price of ~$201 as at the time of writ
300k User Data from Chinese Auto Finance Platform Sold For One Bitcoin on Dark Web
It is revealed that 300,000 pieces of user data from a Chinese auto finance platform Jiurong were compromised and priced at one bitcoin on the dark web.
According to the leaked data posted, persona
Heyday of Bitcoin Mining Rigs Business at China’s Huaqiangbei is Over Amid Crypto Market Carnage
Bitcoin price slumped to a 13-month low of about $4,300 on Wednesday, making mining the world’s leading digital currency an unprofitable business. A lot of mall miners, mining rigs dealers and minin