News - subcat

Amazon denies Bitcoin rumour
Published in News
Tuesday, 27 July 2021 09:38

Amazon denies Bitcoin rumour


Bitcoin investors are getting desperate

Desperate to stop haemorrhage losses in Bitcoin value, some wise guy thought it a wizard idea to spread a rumour that Amazon was going to start accepting the monopoly money.

EU will force data collection on Bitcoin
Published in News
Wednesday, 21 July 2021 11:51

EU will force data collection on Bitcoin


Will be traceable or be banned 

Proposed changes to EU law would force companies that transfer Bitcoin or other crypto-assets to collect details on the recipient and sender.

Malaysia crushes 1,069 bitcoin mining rigs
Published in News


What a waste


Malaysian authorities seized 1,069 bitcoin mining rigs, laid them out in a parking lot at police headquarters, and used a steamroller to crush them, as part of a joint operation between law enforcement in the city of Miri and electric utility Sarawak Energy.

China crack down not the reason for bitcoin crash
Published in News


Miners had enough before it happened

A narrative that has bitcoin crashing as Chinese authorities cracked down on miners behind the bamboo curtain is a fantasy, according to the University of Cambridge.

Swedish bloke gets 15 years for bitcoin scam
Published in News


Apparently told gullible it had value

A Swedish man wanted by the United States for defrauding over 3,500 victims of more than $16 million has been sentenced to 15 years in prison for securities fraud, wire fraud, and money laundering.

Bitcoin private equity company pollutes lake claim residents
Published in News

Company hits back

A private equity outfit that converted a natural gas-fired power station into a bitcoin factory has been accused of polluting the atmosphere and heating up a pristine glacial lake, although the company says it is untrue.

Bitcoin mining just became easier and more profitable
Published in News


Thanks to China thar's gold in them thar hills

The Chinese crackdown on bitcoin miners might have caused the price to fall, but it just made mining more lucrative for the rest of the world.

Bitcoin billionaire drowns
Published in News
Tuesday, 29 June 2021 12:12

Bitcoin billionaire drowns


He couldn’t take it with him

Billionaire bitcoin owner Mircea Popescu has  died, leaving behind a cache of virtual currency and a controversial crypto legacy.

Bitcoin fanboys rally as prices tank
Published in News
Wednesday, 23 June 2021 11:12

Bitcoin fanboys rally as prices tank


Talking up the value

Bitcoin and other cryptocurrencies have experienced a major sell-off this week following China’s crackdown on the sector, but it is starting to look like the crypto fanboys are trying to talk up the currency again.

Bitcoin wallets could fall to evolving quantum computers
Published in News


Although there will be plenty of warning

Quantum computers could break the cryptographic security that protects cell phones, bank accounts, email addresses and bitcoin wallets within the next ten years.