Flooding Threatens China’s Bitcoin Miners, Chinese Billionaire Says ‘Three Gorges Dam Collapse Imminent’
Aug05

Flooding Threatens China’s Bitcoin Miners, Chinese Billionaire Says ‘Three Gorges Dam Collapse Imminent’

This week cryptocurrency enthusiasts are still focused on the severe flooding in China during the 2020 monsoon season. The flooding has already displaced millions of Chinese citizens and skeptics are concerned about the vast number of bitcoin miners located in the Sichuan province. The landlocked province in Southwest China, Sichuan is located upstream of the Three Gorges Dam. During the last two months, the 2020 monsoon season...

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South African Bitcoin Investment Company Faces Fresh Scam Allegations
Aug05

South African Bitcoin Investment Company Faces Fresh Scam Allegations

FX Choice, a forex and crypto trading company, is making new allegations that South African bitcoin investment company, Mirror Trading International (MTI) is a multi-level marketing scam. The company says it uncovered this after researching into MTI, a firm that claims to have “118,027 members in 192 countries” and ostensibly sees “12,879.70 Bitcoin in trade daily.” The recent findings prompted FX Choice to...

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Bitcoin ATM Locations Reaching 9,000 Worldwide
Aug05

Bitcoin ATM Locations Reaching 9,000 Worldwide

The number of bitcoin ATM locations has been rising steadily. Almost 9,000 bitcoin ATMs have been installed worldwide. The U.S. leads as the country with the largest number of bitcoin ATMs, followed by Canada and the United Kingdom. Nearly 9,000 Bitcoin ATMs There are currently 8,947 cryptocurrency ATMs and 211,239 non-ATM locations you can buy or sell cryptocurrencies at across 71 countries, according to cryptocurrency ATM tracking...

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AVG Anti-Virus Made The Pirate Bay Unusable
Aug05

AVG Anti-Virus Made The Pirate Bay Unusable

With hundreds of millions of users, AVG is a widely used anti-virus tool. The software is a subsidiary of Avast, which is another popular anti-virus brand. In pirate slang, the term Avast can be loosely translated to “Stop!” and this week that translation directly applied to Pirate Bay users. Starting a few days ago, many AVG users noticed that the popular torrent site had become unusable. Instead of listing the usual sea...

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French Anti-Piracy Agency Generated €87,000 in Fines From €82m in Public Funding
Aug05

French Anti-Piracy Agency Generated €87,000 in Fines From €82m in Public Funding

Just over a decade ago, France stepped forward with a grand project to tackle the millions of individuals downloading content via peer-to-peer networks such as BitTorrent. In 2010, via newly-formed government agency Hadopi (High Authority for the Distribution and Protection of Intellectual Property on the Internet), the country introduced the so-called “graduated response” system, with the aim of sending file-sharers...

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