In a press release today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) took action against…
Bitcoin Companies Purge: Bitmain and Huobi Lay Off Workers
The crypto-winter is affecting billion-dollar players in the cryptocurrency market. After the much-publicized layoffs at ConsenSys, SpankChain, and Steemit, mining…
Bitcoin Miners Eviscerated: Japan’s GMO Shuts Down Cryptocurrency Mining Hardware Division
GMO Internet, a major Japanese-based technology company, has shuttered its division responsible for designing and manufacturing mining chips. Mounting losses…
Bitcoin and Bitcoin Cash Getting Gaslit by Craig Wright and Calvin Ayre?
The two masterminds behind Bitcoin S.V. are once again changing the narrative around Bitcoin; Craig Wright and Calvin Ayre claim…
Coinstar Kiosks Across the United States Will Now Sell Bitcoin, at a Hefty Fee
The same bulky coin-counting machines that turn spare change into bills can now turn bills into bitcoin, at a price.…
Venezuela Could Set New Precedent for Bitcoin as a Medium of Exchange
Hyperinflation in Venezuela is estimated to have reached a boggling 1.3 million percent in 2018. To reconcile runaway prices, the…
Redditors Attempt to Fool Bitcoin Sentiment Bots
Redditors, in a humorous attempt to push up bitcoin prices, are trying to fool trading bots that scrape the forum…
Bitfinex Recovers $120,000 in Stolen Bitcoin Thanks to US Law Enforcement
US authorities recovered 28 bitcoins, worth over $120,000, which were stolen from cryptocurrency exchange Bitfinex in 2016. Although there are still…
Although Online Shoppers Still Reluctant to Pay with Bitcoin, Consumer Behavior is Potentially Changing
Recent data shows that Bitcoin adoption has increased by over 700 percent over the past 6 years worldwide, according to…
Cash App Posts Record High Bitcoin Sales, $52 Million in Q4 2018
Cash App, Square’s popular payments app, sold a record high $52 million worth of bitcoin in the last quarter of 2018.…
