Chinese central bank official says cryptocurrency trade needs to end
Chinese authorities might consider banning centralized trading of virtual currencies as well as individuals and businesses that provide related services, according to CNBC. In a memo outlining details of discussions at a meeting of internet regulators and other policymakers, PBOC Vice Governor said the government would continue to apply pressure to the virtual currency trade…
Crypto-mining marketplace gets breached, Bitcoin funds stolen
NiceHash, a crypto-mining marketplace, has published a statement on social media announcing that hackers breached its site and stole all the Bitcoin from its main wallet. The incident appears to have taken place on December, 5, according to BeepingComputer, and many users complained about losing Bitcoin from their NiceHash wallets. At press time, the company’s…
Tokyo Financial Exchange to launch Bitcoin futures
Tokyo Financial Exchange has formed a working group as part of an early effort to start listing futures contracts based around Bitcoin cryptocurrency, according to Bloomberg News. Cited by CoinDesk, this would constitute a first step toward pushing for a change in Japanese national law that would clear the runway for a Bitcoin future. The disclosure…
Bitcoin Bubble Burst lets you know in advance if the bitcoin bubble is bursting
From its initial worth of only about USD$0.08 (RM0.33) a unit, the price of bitcoin has risen to an all-time high of over US$10,000. With this rise, more and more people, believers and skeptics alike, are preparing for the inevitable burst of the Bitcoin bubble. If you’ve sworn allegiance to the former camp, then you…
The Pirate Bay is mining cryptocurrency with visitor’s CPU
It has been discovered that torrent site The Pirate Bay has been operating a cryptocurrency miner. The site’s visitors learned that The Pirate Bay exploits a user’s CPU to mine Monero digital coins, through JavaScript code found on the torrent site. When users browsed specific pages on The Pirate Bay, they found a significant increase…
Bitcoin platform Luno expands to new markets across Europe
Luno, a popular Bitcoin platform, has announced its expansion to 35 new markets across Europe. Moreover, the platform also received USD 9 million in a Series B funding round, led by London-based Balderton Capital. New investors AlphaCode and existing investors Digital Currency Group also participated in the round. This follows Luno’s USD 4 millionSeries…
Google, Apple could start accepting Bitcoin payments via new API
Developers at Google, Apple and other tech companies have created a browser API that enable users buying goods and services online with cryptocurrency. The World Wide Web Consortium (W3C) with the help of Microsoft, Google, Facebook, Apple and Mozilla initiated the project in 2013. Currently, the API is being implemented in browsers including…
SatoshiPay switches from Bitcoin blockchain to IOTA
SatoshiPay has teamed up with the IOTA Foundation, a non-profit that oversees network development, to explore replacing Bitcoin with IOTA as its settlement network. Both parties have agreed to work on a proof-of-concept project, to be supported by the IOTA Ecosystem Fund, which would combine SatoshiPay’s content payment interface with IOTA’s technology. SatoshiPay is a company…
Burger King to accept Bitcoin in Russia
Russian Burger King restaurants have announced that they are due to start accepting Bitcoin as a payment method. A Moscow branch of the burger chain has started piloting Bitcoin payments, with officials now confirming a nationwide rollout. Burger King has also begun the hunt for an IT professional able…
Western Union interested in digital currency
Western Union has been trailing an integration with digital currency exchange Coinbase, in which the remittance company will appear within the web app of the exchange. Currently, the project is being piloted with Western Union employees and has entered into development in 2016, company representatives said for CoinDesk. No…