Fake PBOC Email Sent to U.S. Media in Attempts to Manipulate Bitcoin Market
Yesterday, U.S. media outlets were sent a bogus email from an individual claiming to be a representative of the People’s Bank of China (PBOC). The…
Tag: China
New Monero-Mining Malware Targets Android Devices, Thousands Infected
Researchers from Chinese Cybersecurity company 360Netlab has discovered a new Android-based cryptocurrency mining malware that infects vulnerable Android devices to mine cryptocurrency, as reported in a blog post from the firm on Feb. 6. As…
Ripple’s Global Financial Network Partners With China-Based Payment Provider
LianLian International, a China-based payment services provider, has partnered with RippleNet in order to offer faster and less expensive cross border transactions to their customers…
Singapore Confirms It Will Not ‘Ban’ Cryptocurrency, Has No ‘Risk Concerns’
Singapore’s deputy prime minister Tharman Shanmugaratnam provided new commentary on the government’s commitment “not to ban” cryptocurrency as part of its future regulatory plans. In a series…
Traditional Markets Nosedive, Following Bitcoin’s Own Slump Below $7k
The Dow Jones Industrial Average dropped more than 1,100 points Monday, Feb. 5 to its lowest point since 2011, while Bitcoin (BTC) also dipped below $7000 for the first time since…
Bitcoin Tops 159 Individual Countries in Energy Consumption at $2 Billion Per Year
According to data consultant Alex de Vries and his Bitcoin Energy Consumption Index, the process of transacting with and mining the digital currency translates to huge…
With China Tightening Regulations, Crypto-related Ads Reportedly Gone From Local Websites
Cryptocurrency-related advertisements have stopped appearing on Chinese search engine Baidu and social media platform Weibo, amidst reports of China’s government tightening cryptocurrency and Initial Coin Offering regulations on Sunday,…
Bitcoin’s 2 Month Low – Sign of the Time
2018 has been particularly cumbersome for the cryptocurrency markets, as Bitcoin and its altcoin brethren have endured a bashing. The preeminent cryptocurrency has hit a…
Mining Margins and Where to Make the Most Money
This idea that simply plugging your computer or nowadays, specialized mining rigs into the Internet and making money out of thin air is extremely attractive. However,…
The Massive Plunges of Cryptocurrency Are Not to Be Feared
When January 2017 rolled around precisely one year ago, Bitcoin was valued at 900 dollars per unit on the forex market. Although this was already…