Bitcoin Mines in Chinese Province Sichuan Allegedly Forced to Shut Down
Jun12

Bitcoin Mines in Chinese Province Sichuan Allegedly Forced to Shut Down

Reports have emerged detailing the alleged forceful cessation of large-scale bitcoin mines in China’s southwest, with insiders quoting a lack of state-sanctioned regulatory policy regarding cryptocurrency mining as the official reasoning cited for such. Also Read: Russian Government To Introduce KYC Guidelines For Cryptocurrency Purchases The Closures Come at a Critical Moment for Mining Businesses, as Bitcoin’s Price Has...

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As Bitcoin’s Price Rises Security Shouldn’t Be Taken for Granted
Jun12

As Bitcoin’s Price Rises Security Shouldn’t Be Taken for Granted

Recently there have been numerous reports of people losing their bitcoins to hackers and malware as bitcoin’s price continues to grow in value. It is safe to assume that organizations and individuals trying to steal people’s bitcoin reserves will persistently increase because the decentralized cryptocurrency becomes more valuable to thieves. Also read: Rising Network Fees Are Causing Changes Within the Bitcoin Economy...

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Court Rules Banks Can Legally Deny Service to Bitcoin Businesses in Israel
Jun12

Court Rules Banks Can Legally Deny Service to Bitcoin Businesses in Israel

A recent trial in the Tel Aviv district court ruled in favor of a large bank which dropped a bitcoin exchange as a client, despite the exchange following all of the proper anti-money laundering (AML) and know your customer (KYC) requirements. Also read: Considering Bitcoin An Asset Could Set Back Adoption in Israel Court Ruled in Favor of Bank Leumi The Tel Aviv district court reportedly ruled last week against Israeli bitcoin...

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New Bitcoin.com Podcast Episode with Charlie Shrem and Anthony Di Iorio of Jaxx
Jun12

New Bitcoin.com Podcast Episode with Charlie Shrem and Anthony Di Iorio of Jaxx

This week Bitcoin.com’s podcast host Richard Jacobs talks with the ‘bitcoin folk hero’ Charlie Shrem, and the Jaxx Wallet founder and CEO Anthony Di Iorio.   Also read: Bitcoin.com Podcast Episode with Stephen Pair of Bitpay Charlie Shrem a is well-known entrepreneur in the cryptocurrency space, known for running the company Bitinstant during bitcoin’s early years. Anthony Di Iorio is known for co-founding...

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Charlie Lee Resigns From Coinbase to Focus on Litecoin
Jun12

Charlie Lee Resigns From Coinbase to Focus on Litecoin

Founder of Litecoin, Charlie Lee, tweeted Friday that he will no longer be working for Coinbase. He is leaving the company to focus on his brainchild creation, Litecoin. This news comes as a welcome surprise to the Litecoin community, who are entering into a new stage of maturation, as they recently elected to activate segregated witness. Charlie Lee Also read: Enigma Project Announces ‘Catalyst’ a Decentralized...

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