Search Results for: Republic of Bitcoin
MMM Global Closes Republic of Bitcoin, an Alleged Ponzi Scheme
April 13th, 2016
MMM Global has announced that it is closing its Republic of Bitcoin, a website promising up to 100% returns on donations. The company, called a “Ponzi” scheme by many, stated in a blog that the Republic of Bitcoin was an experiment ...
Bitcoin-funded securities dealer and CEO charged for law violations
September 28th, 2018
The Securities and Exchange Commission filed charges against an international securities dealer and its Austria-based CEO for allegedly violating the federal securities laws in connection with security-based swaps funded with bitcoins. According to the SEC’s complaint, 1pool Ltd. a/k/a ...
Bitcoin: Does it really use more electricity than Ireland?
December 12th, 2017
Can something which has no physical presence consume as much electricity as an entire country? The internet has recently been awash with claims that the digital currency Bitcoin could be using more electricity than a number of developed nations. ...
Why is bitcoin splitting again and what is bitcoin gold?
October 24th, 2017
Bitcoin is forking for a second time to form a new cryptocurrency called bitcoin gold, but why is this happening so soon after bitcoin cash? The stir caused by the forking of bitcoin into two different cryptocurrencies caused quite ...
Government officials fired when caught mining bitcoin using government computers
October 5th, 2017
Two government officials of the Crimean Council of Ministers were caught mining bitcoin using government computers and were subsequently fired. They reportedly installed “malicious software” on the government’s server and programmed over a dozen computers to mine bitcoin. The ...
How China Influences Bitcoin Price, Explained
February 17th, 2017
1.Why has Bitcoin price become volatile again? The short answer to that question is China. On Feb. 9, 2017, Bitcoin price has plunged by more than 9%. The fall took place after an extended period of growth: Bitcoin value ...
Colombia Declares Bitcoin and Other Digital Currencies Illegal
January 4th, 2017
An article published by Colombian publication PanAm Post suggests bitcoin, and digital currencies in general, are now illegal in Colombia, claiming the administrator of regulatory body announced the news recently. The news comes after the Superintendencia de Sociedades, an ...
Bitcoin Exchange Gemini expands to Japan & South Korea
November 8th, 2016
Bitcoin and ether exchange Gemini, founded by the Winklevoss brothers, has announced the expansion of Gemini services to Japan and the Republic of Korea. According to the announcement, these dynamic East Asian economies have long embraced the growth of ...
Hackers claim to have stolen cyberweapons from NSA, demand 1 million Bitcoin in exchange
August 17th, 2016
A hacking group called The Shadow Brokers claims to have acquired hacking tools from a group linked to the US National Security Agency (NSA), and is now asking for 1 million Bitcoin (about $568 million) in an auction in exchange for ...
The 18 companies that control bitcoin in 2016
July 1st, 2016
Flashy startups like Coinbase, Circle, Blockchain, and BitPay are some of the most famous companies in bitcoin. But arguably more important are the miners — individuals and organisations who form the core backbone of bitcoin, ensuring the digital currency’s ...
