
Can Bitcoin become a real currency? Here's what's wrong with El Salvador's crypto plan
Jun 14, 2021 04:04 am UTC| Digital Currency Investing
Nayib Bukele, president of El Salvador, has got himself a pair of laser eyes on his Twitter profile at least. Laser eyes are something social media users give themselves to show they love cryptocurrency and Bukele...

Bitcoin: El Salvador's grand experiment
Jun 10, 2021 03:54 am UTC| Digital Currency
Around the world, bitcoin has a mixed reputation. Owning and using the cryptocurrency is legal in a majority of nations, tolerated in many others, and outlawed by a relatively small number. El Salvador has just become...

Jun 08, 2021 12:31 pm UTC| Digital Currency
Huge concrete data centres, permanently plugged into power plants and telephone exchanges, maintain much of online life. But the infrastructure behind internet-based cryptocurrencies such as bitcoin, dogecoin and ethereum...

Elon Musk's breakup meme on Twitter sends Bitcoin tumbling 6%
Jun 05, 2021 06:04 am UTC| Economy Technology Digital Currency
The price of bitcoin sank by over 6 percent to $35,814 at around 8 am ET Friday after Tesla CEO Elon Musk tweeted a meme implying he had a broken heart in ending his companys relationship with the digital currency. The...

S. Korea to collect 20% cryptocurrency transactions tax starting next year
May 29, 2021 15:59 pm UTC| Economy Business Digital Currency
South Korea plans to subject cryptocurrency transactions to a 20 percent income tax on capital gains beginning next year as planned, despite growing investor calls for delaying the plan. Gains from cryptocurrency...

Massive bitcoin mine in UK stealing huge amounts of electricity discovered by police
May 29, 2021 15:22 pm UTC| Business Technology Digital Currency
The West Midlands Police in the UK uncovered an illegal bitcoin mine stealing thousands of pounds worth of electricity from the mains supply in an industrial unit in Sandwell, in the city of Birmingham while looking for a...

China begins crackdown on bitcoin mining, illegal trading activities
May 22, 2021 23:32 pm UTC| Economy Digital Currency Law
China announced that it will clamp down on bitcoin mining and trading to fend off financial risks, sharply pulling down bitcoin prices and putting it on course for weekly losses of over 15 percent. The country also...