A month after it suspended operations in Nigeria, Mavrodi Mondial Moneybox (MMM), a Russian Ponzi scheme with over 2 million participants in Africa’s most populous country, is already plotting ... Read More
Former Bitcoin exchange operator Anthony Murgio has been involved in a criminal investigation for quite some time now. Earlier this week, Murgio pleaded guilty to charges of conspiring to operate ... Read More
A dramatic rally in digital currency bitcoin came to a spectacular end on Thursday with a plunge of up to 20% as China’s yuan rose sharply—further evidence of an ... Read More
PBOC officials tell bitcoin platform to rectify issues Bitcoin surged 120% in 2016 as yuan depreciation quickened Bitcoin extended Friday’s tumble amid concern China will tighten rules on the ... Read More
Bitcoin is getting smashed. The cryptocurrency was down 18% to about $892 per coin as of 8:17 a.m. ET on Thursday. It is the biggest drop in two years. ... Read More
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 ... Read More
In a strange twist, Coindesk reports that the IRS has, somewhat indirectly, removed one target from its broad request for data about U.S. users of the Bitcoin exchange Coinbase. ... Read More
It has been a bumper year for bitcoin. Having risen in value in 2016 by 125 percent the digital currency started the new year by jumping above $1,000 for ... Read More
Raise your hand if you saw this coming: Bitcoin not only bounced back from its 2015 doldrums, but went on a tear that saw it climb around 120% from ... Read More
Some African countries have openly criticized bitcoin use. Others have taken a wait-and-see approach. Bitcoin has enjoyed a rally in 2016 that’s beaten every major currency, stock index and commodity contract, surging ... Read More
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