Bitcoin

Nigeria’s central bank warns on virtual currencies, says ‘it is like gamble’

Godwin Emefiele, Nigeria's central bank governor said investing in the cryptocurrency or bitcoin is a “gamble” and hinted it may…

No legal functions for bitcoin, says Nobel-prize winning economist

Joseph Stiglitz, Nobel-prize winning economist said bitcoin serves no useful function, other than circumventing legality. Stiglitz, who has called on bitcoin…

Bitcoin professionals cashed out, making a buck from last-minute amateur investors responsible its crash

The largest cryptocurrency bitcoin surged to $20,000 in December. Its rapid growth was due to common folk deciding to invest…

China orders banks to stop financing cryptocurrencies, cracks down on traders.

The People’s Bank of China has ordered financial institutions to stop providing banking or funding to any activity related to…

Maersk partners IBM to launch blockchain-based platform for global trade

The world’s largest container shipping firm A.P. Moller-Maersk is teaming up with IBM to create an industry-wide trading platform it…

Bitcoin slides 18% on crackdown fears as crypto rivals plunge

Bitcoin tumbled 18 percent on Tuesday to a four-week trough close to $11,000, after reports that a ban on trading…

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