Thursday, August 5, 2021

bitcoin

China arrests 1,100 over cryptocurrency money laundering

China banned trading in cryptocurrencies in 2019 and is increasingly tightening restrictions on bitcoin mining.

El Salvador becomes first country to approve bitcoin as legal tender

El Salvador's main currency is the US dollar and it remains unclear how the country plans to implement bitcoin as a functioning currency.

FBI hacks hackers’ bitcoin wallet, steals back most of pipeline ransom

Stealing back a ransom shows how far the US is willing to go to deter cyber-criminals.

‘Britcoin?’: UK looks into digital currency

The Bank of England says such a currency would exist alongside cash and bank deposits, rather than replacing them.

Coinbase brings cryptocurrencies to Wall Street

But caution remains the order of the day among observers, who recall the company's dependence on the price of virtual currencies, which tend to fluctuate frequently.

PayPal allows US shoppers to make cryptocurrency purchases

Merchants get paid in standard money, with PayPal converting cryptocurrency to US dollars to settle transactions at the time of sale.

Cops on the hunt for bitcoin mining culprit behind RM9 million losses for TNB

Tan Joe Pheng is wanted for actively running bitcoin mining activities at 18 premises in Melaka.

Polis buru dalang utama perlombongan bitcoin rugikan TNB

Tan Joe Pheng, 26, dikehendaki kerana aktif menggerakkan aktiviti perlombongan bitcoin di 18 premis di Melaka.

Bitcoin passes US$60,000 for first time

The cryptocurrency hit an all-time high of US$60,012 before dipping back down below the US$60,000 mark.

Bitcoin market hits US$1 trillion in value

Bitcoin has set a blistering record pace, blasting past US$50,000 on Tuesday, a week after Tesla revealed it had invested US$1.5 billion in the unit.

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