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Illegal Bitcoin, ETH mining farms in Pakistan shut down by FIA
The Federal Investigation Agency (FIA) recently seized two cryptocurrency mining farms in the Shangla district of Khyber Pakhtunkhwa, one of the administrative provinces of Pakistan, as per a report. дальше »
2020-1-25 00:00 | |
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Unnecessary Evil: How Government Regulations Kill Crypto Startups and Encourage Crime
Thanks to the EU’s most recent money laundering directive, a small business called Post-a-coin, which sold cute postcards pre-loaded with tiny amounts of bitcoin, is being forced to shut down. дальше »
2020-1-16 17:20 | |
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Nakamoto Magazine Closes Telegram Over Chaotic Chats
Well, that didn’t take long. The ‘Pro Bitcoin’ Nakamoto initiative has already whipped up a Crypto Tweetstorm and had its Telegram channel shut down in just three days. The Nakamoto Initiative Disheartened by the lack of discussion about the “philosophical principles that motivated Satoshi Nakamoto, or the society that he wanted to build” a group of high-level intellectuals launched the Nakamoto website on Jan 3. дальше »
2020-1-7 17:46 | |
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The EU’s Updated AML Regulations Forced Bottle Pay to Shut Down. Who’s Next?
Following adoption of 5AMLD in the EU, Lightning Network service Bottle Pay shuts down. What precedent does this set for other Bitcoin businesses? The post The EU’s Updated AML Regulations Forced Bottle Pay to Shut Down. дальше »
2019-12-20 22:49 | |
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Mining Pool Simplecoin and Interactive Faucet Chopcoin Shut Down Due to EU Regulations
Like crypto payments provider Bottle Pay, mining pool Simplecoin and interactive bitcoin faucet Chopcoin are shutting down in light of restrictions imposed by EU anti-money laundering legislation, AMLD5. дальше »
2019-12-17 12:12 | |
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Simplecoin Shuts Down Amidst Regulatory Uncertainties
Simplecoin, one of the most credible Bitcoin mining pools, has announced that it would shut down operations on January 1, 2020, due to the impending implementation of the fourth European Union Anti-Money-Laundering (AML) Directive by member states, according to a press release on December 15, 2019. дальше »
2019-12-17 12:00 | |
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EU’s Upcoming AML Regulation Forces Bitcoin Payments App Bottle Pay to Shut Down
Bitcoin payments platform Bottle Pay has decided with a “heavy heart” to shut down its services rather than become subject to the new 5th anti-money laundering directive, announced the firm. Bottle Pay, a faster and simpler way to make your BTC payments has been seeing huge user growth over the last few months. But the […] дальше »
2019-12-14 18:23 | |
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Bitcoin app Bottle Pay halts ops over EU money laundering laws
Bottle Pay, a social media tipping site based on Bitcoin, announced the company's shutdown on December 13 due to new EU guidelines. Launched in June 2019, the company shut down barely three months aftThe post Bitcoin app Bottle Pay halts ops over EU money laundering laws appeared first on AMBCrypto. дальше »
2019-12-14 11:30 | |
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Does Justin Sun aim to shine brighter than TRON?
Like change and tax, some things are just inevitable. Anthony Pompliano will continue to ring in his “Long Bitcoin, Short the Bankers,” motto, Nouriel Roubini will find another aspect of the crypto industry to rant about and Justin Sun, will just not shut up about Tron. дальше »
2019-7-27 19:00 | |
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How Bitcoin Is Subverting The System In China
For a lot of people in China, bitcoin is more than just a trading or investment vehicle. With the oppressive Beijing regime constantly clamping down on the lives of its people, many are turning to BTC to subvert the system. дальше »
2019-7-23 17:00 | |
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Ripple’s CEO on the Facebook-Libra hearings, Charlie Lee on lunch with Warren Buffett and more
Crypto News – 19 July – Ripple’s CEO on the Facebook-Libra hearings, Charlie Lee on lunch with Warren Buffett and more Don’t forget to follow us for our daily videos#Ripple #CryptoNews #Bitcoin #WarrenBuffett #CryptocurrencyNews #Crypto #Facebooklibra pic. дальше »
2019-7-19 19:00 | |
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Bitcoin (BTC) Will Survive Even If Exchanges Are Shut Down
Even if the US pass prohibitive laws to "tame" cryptocurrencies, Bitcoin (BTC) will survive. China and India are trying only publicizing the coin's ability. The post Bitcoin (BTC) Will Survive Even If Exchanges Are Shut Down appeared first on Ethereum World News. дальше »
2019-7-19 17:00 | |
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US Government ‘Can’t Kill’ Bitcoin Because Source Code is Speech
Based on the legal precedence surrounding cryptographic communication, it is highly unlikely that the U. S. government can ban bitcoin. ‘Uncle Sam’ Can’t Shut Down Bitcoin With the storm of attention being paid to Facebook’s Libra project, there has been some talk of whether such attention could spill over to BTC in the form of a government-sanctioned bitcoin ban. дальше »
2019-7-17 18:30 | |
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Chinese Law Enforcement Authorities Raid Crypto Mining Setup Due to Excessive Energy Usage
Bitcoin miners in China have been arrested after stealing $3 million worth of electricity Miners need large amounts of energy to operate Law enforcement authorities in China have shut down a local mining farm after they registered an increase in the local energy usage. дальше »
2019-7-15 17:00 | |
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New York City College Struck by Ransomware, $1.9 Million in Bitcoin Demanded
Munroe College in Manhattan has been hit by a ransomware attack that has shut down the college’s computer systems. The hackers are demanding 170 bitcoin (BTC), which is roughly $1. 9 million. The malware infection came to light on the morning of July 10, but the specifications of the infection are still largely unknown, as reportedRead MoreRead More. дальше »
2019-7-15 13:00 | |
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$16 Million Worth Bitcoin Missing as Exchange Quits Business
A Poland-based Bitcoin exchange has abruptly shut down operations, taking away the cryptocurrency funds of thousands of users alongside. BitMarket announced on Monday that it ran out of liquidity on July 8, which prompted them to cease their operations for an indefinite period. дальше »
2019-7-10 20:17 | |
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The Texas State Securities Board Is Back on Crypto Patrol
After a statewide sweep in December 2017, Texas’ securities regulator will begin a second sweep of the entire state to find and shut down any illegitimate cryptocurrency schemes run by unlicensed companies and individuals, as reported by CrowdFund Insider, on July 4, 2019. дальше »
2019-7-6 15:00 | |
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Bitcoin’s Recent Volatility May Influence Regulators to Shut Down ETF Proposal
With price the price of bitcoin (BTC) going as high as $13,900 before crashing to $9,900 within the span of a few days, Jeff Dorman, the CIO of Arca, believes the case for a Bitcoin ETF has become much weaker as regulators watch the massive price swings, reported by Bloomberg, July 2, 2019. дальше »
2019-7-4 23:00 | |
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Florida Man Fired After Lake City Suffers Massive Ransomware Attack
A city in Florida paid out around $460,000 in a bitcoin ransom scheme, about a week after another Florida city paid around $600,000. Lake City’s IT Director Brian Hawkins has been fired as a result of the breach, which shut down the city’s critical digital infrastructure. дальше »
2019-7-3 00:50 | |
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Thank Elizabeth Warren for the Bitcoin Price Surge
Not that long ago, economist Tyler Cowen told bitcoin to “put up or shut up. ” Following the cryptocurrency’s ridiculous ascent during the first half of the year, the George Mason University professor finds himself forced to begrudgingly admit that the nascent asset is “probably here to stay. дальше »
2019-6-29 22:05 | |
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Koinex Exchange Shuts Down Ahead of Crypto Regulation
Another Indian crypto exchange has shut down permanently due to the banking restriction and regulatory delays. The exchange cites denials in payment services and a sharp decline in trading volume resulting from the recent news of a draft bill to ban cryptocurrencies. дальше »
2019-6-28 09:27 | |
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Multiple Individuals Arrested on Suspicion of Bitcoin Typosquatting
In the cryptocurrency world, there have been numerous scams over the past few years. Most of these ventures are shut down pretty quickly, but some tend to linger for quite some time. Typosquatting has been a real problem in the Bitcoin world. дальше »
2019-6-27 21:00 | |
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Alleged moderator of dark web drug market AlphaBay facing 20 years in prison
An alleged moderator of AlphaBay, a dark web marketplace, has been indicted for facilitating sales on the site before law enforcement shut it down as a result of Operation Bayonet. According to court documents, the moderator received numerous payments in Bitcoin. дальше »
2019-6-25 11:24 | |
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8 crypto exchanges were shut down in 2019; how does that affect the overall crypto space?
Keeping aside the market growth and price hike of Bitcoin and Altcoins in 2019, the virtual asset industry had suffered a few major implications in the current year. Crypto exchanges are very important to the long term stability and rapid expansion of crypto assets however, the longevity of these organizations has come under question in […] The post 8 crypto exchanges were shut down in 2019; how does that affect the overall crypto space? appeared first on AMBCrypto. дальше »
2019-6-17 21:39 | |
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Court Orders ‘Bitcoin Inventor’ Craig Wright to Put Up or Shut Up
By CCN Markets: A Florida judge ordered Craig Wright — the self-proclaimed inventor of bitcoin — to put up or shut up if he wants to prove that he’s Satoshi Nakamoto. In a June 14 motion to compel, federal magistrate judge Bruce Reinhart ordered Wright to produce a list of all the bitcoin he mined prior to December 31, 2013. дальше »
2019-6-16 20:41 | |
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Indian Police Busted Call Center Scam Who Stole $1.7 Million In Bitcoin From US Citizens
According to the Business Standard, a gang in India has been busted by the Police in Madhya Pradesh state. The scammers were stealing Bitcoin (BTC) from US citizens through a call centre. The reports show that the scammers were able to steal around $1. дальше »
2019-6-13 22:03 | |
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Bitcoin Blender Users Ordered to Withdraw Funds in Sudden Shut Down of Crypto Mixing Service
The bear market of the cryptocurrency industry has proven that no firm is safe from the lack of activity during hard times. Unfortunately, that is the fate that Bitcoin Blender recently reached. Bitcoin Blender, a cryptocurrency mixing service, chose to shut down operations this week, asking that users withdraw their funds. This development was reported […] дальше »
2019-6-1 00:48 | |
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Bullish on Bitcoin, Bearish on Trade Relations With Jeffrey Tucker
Dave and Grahm are back with news and price narratives around 2019’s top-performing financial asset. This week’s stories include mainstream media’s Bitcoin FOMO, the real story of Laszlo Hanyecz (the guy behind Bitcoin Pizza Day), Dutch authorities taking down Bestmixer, Tether being partially backed by bitcoin and what Libertarian politician Ron Paul thinks about the U. дальше »
2019-5-29 16:42 | |
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Memorial Day Shuts Stock Markets but You Can Still Trade Bitcoin
By CCN: US stock markets shut their doors on Monday 27 to observe Memorial Day, in honor of the men and women who lost their lives serving their country. Traders will take a much-needed breather as the Dow Jones Industrial Average careens towards the longest weekly losing streak in eight years. дальше »
2019-5-27 16:13 | |
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LocalBitcoins Denies Service to Iranian Users
The popular peer-to-peer bitcoin trading network LocalBitcoins has shut down all trading operations for Iranian users. LocalBitcoins’ website offers a variety of pages for users of different nations and, as of May 24, 2019, the Iranian page displays a message that “LocalBitcoins is currently not available in your selected region,” in English only. дальше »
2019-5-25 20:14 | |
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Next Bitcoin Bull Run Will Be First Cycle Supported By Established Financial Firms
During the last Bitcoin bull run and crypto hype bubble peak, the industry struggled to keep up with the overwhelming demand. Exchanges had no choice but to shut down new user registrations, and new user accounts began being sold on the black market for full Bitcoins as eager retail investors scrambled to buy into the. дальше »
2019-5-24 04:01 | |
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Authorities Seize Dutch Bitcoin Mixer in ‘Worrying Precedent’
Cryptocurrency figures have reacted with dismay after authorities in the Netherlands seized and shut down popular Bitcoin mixer Bestmixer. io. Europol To Bitcoiners: ‘You Are Not Anonymous’ Confirmed in a press release May 22, a joint effort between Europol, the Dutch Fiscal Information and Investigation Service (FIOD) and Luxembourg authorities resulted in confiscation of Bestmixer’s assets, documents, files and web domain. дальше »
2019-5-23 16:00 | |
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$200M cryptocurrency mixing operation dismantled by Eurocops
A cryptocurrency mixing service that turned over $200 million worth of Bitcoin has been shut down following an investigation led by authorities from a number of European nations. The Dutch anti-fraud agency (FIOD) and Public Prosecution Service announced yesterday they have shut down Bestmixer. дальше »
2019-5-23 11:50 | |
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Dutch Police Shuts Down Bitcoin Mixing Service Bestmixer
In the Bitcoin world, there are many services which are a different type of gray. Not everything is black and white where cryptocurrencies are concerned by any means. Bestmixer, one of the more popular Bitcoin mining services, has been shut down by Dutch officials. дальше »
2019-5-22 22:02 | |
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Dutch Authorities Shut Down Bestmixer
The Dutch Financial Intelligence and Investigation Service (FIOD) has shut down cryptomixing site Bestmixer. io. According to local media, Dutch authorities moved to shut down the site on May 22, 2019, as part of a joint operation with police agencies from several European nations, including France, Latvia and Luxembourg. дальше »
2019-5-22 21:13 | |
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Peter Schiff Believes Gov’t Can Shut Down Bitcoin More Easily Than Gold
Veteran gold bug Peter Schiff still thinks gold will win out over Bitcoin – because it is allegedly easier to shut Bitcoin down. Peter Schiff: Bitcoin Won’t See Use If ‘Illegal’ That was one of the conclusions in a wide-ranging debate Schiff had with ‘The Bitcoin Standard’ author Saifedean Ammous on trader Tone Vays’ YouTube channel May 20. дальше »
2019-5-22 20:00 | |
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Terrified Central Bank Attempts to Arrest Myanmar’s Bitcoin Binge
By CCN: An emerging economy which expects to attract $5. 8 billion worth of Foreign Direct Investments is belittling its goals with an anti-technology stance. Myanmar is the latest developing country that is hinting to shut doors in the face of bitcoin, a decade-old global cryptocurrency which proposes to replace banks with a decentralized network of transaction validators and bookkeepers. дальше »
2019-5-20 12:10 | |
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Stellar Lumens Network Halt: Trading Off Double Spends for Downtime
The Stellar Lumens Network came to a grinding halt after network validators were unable to reach consensus. The Stellar Development Foundation revealed the measures they will take to reduce such downtime in a blog post, May 17, 2019. дальше »
2019-5-17 19:00 | |
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WeChat Plans to Stop Merchants From Transacting in Cryptocurrencies
WeChat, the #1 messaging app in China, is also widely used for cryptocurrency transactions. Recently, WeChat Payment has revised the “WeChat Agreement for Payment Service,” which involves the control and regulation of illegal transactions, including cryptocurrency transactions. дальше »
2019-5-9 22:54 | |
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‘Shut Down the Cryptocurrencies,’ Says Nobel Prize Winning Economist Joseph Stiglitz
Despite the growing popularity of cryptocurrencies, there are some people – experts in their fields – who believe that cryptocurrencies are not good enough and should be banned. The latest person to join this school of thought is Joseph Eugen Stiglitz, a recipient of the 2001 Nobel Prize in Economics and a Professor at Columbia […] ‘Shut Down the Cryptocurrencies,’ Says Nobel Prize Winning Economist Joseph Stiglitz was originally found on Cryptocurrency News | Tech, Privacy, Bitcoin & Blockchain | Blokt. дальше »
2019-5-7 14:29 | |
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Crazy Crowdfund Scammer Pitched a Backpack, Stole $800,000 to Buy Bitcoin
By CCN. com: The Federal Trade Commission (FTC) has launched legal action against a serial crowdfund scammer who used his ill-gotten gains to buy Bitcoin. Douglas Monahan promised consumers a ‘high-tech’ backpack known as the iBackPack, but failed to deliver the product after raising over $800,000. дальше »
2019-5-7 11:22 | |
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