Friday, 6 December 2019

Tag Archives: Bitcoin

South Korean cryptocurrency regulator found dead in his home

BUSAN: One of the officials who helped South Korea’s regulatory changes on cryptocurrency, Jung Ki-joon, has been found dead in his home. Ki-joon was the head of economic policy at the Office for Government Policy Coordination, where he helped the efforts to mold a new legislation that would slow and ...

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Earn Bitcoins for buying juice

SYDNEY: Earning Bitcoin has become easy now, shame all those crypto-miners have to work hard in the past. As you already know, people have to trade or mine to get their hands-on their favorite crypto. Stealing – crypto-jacking is another option, but this is out of the question right now. ...

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Lloyds has banned Bitcoin buys

LONDON: Lloyds bank has stopped credit card customers from buying bitcoin, amid concerns of a credit risk surrounding the cryptocurrency’s rapidly falling value. Coming into effect today, the ban applies to Lloyds Bank, Bank of Scotland, Halifax and MBNA. The currency has grown exponentially in the last year, peaking at ...

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Bitcoin set for worst week since 2013

LONDON: Cryptocurrencies plunged on Friday, with several of the largest falling by more than 20 percent and bitcoin sliding below $8,000 and headed for its worst week since 2013, as worries about a regulatory clampdown globally sent investors scrambling to sell. The slump in prices this week means the total ...

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Facebook bans cryptocurrency adverts

LONDON: Facebook has banned adverts for Bitcoin and other cryptocurrencies on its sites after recent criticism from users about scams and hoaxes being promoted in their newsfeed. The world’s biggest social network said such digital currencies are “frequently associated” with “deceptive promotional practices”. “Two of our core advertising principles outline ...

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Cryptocurrencies fall after hack hits Japan’s Coincheck

TOKYO: Cryptocurrencies fell Friday after Japan-based digital exchange Coincheck suspended client deposits and withdrawals for virtual currencies except bitcoin, saying it had been hacked. Coincheck said it was investigating “unauthorised access” of the exchange that appeared to result in a loss worth half a billion US dollars of NEM, the ...

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European stock markets join global downtrend

LONDON: Europe’s major stock markets churned lower Wednesday as investors took their cue from broadly downbeat moves on Wall Street and in Asia. Virtual currency bitcoin meanwhile dived, with some traders eyeing sub-$10,000 after what one analyst called a “cryptocalypse” that saw digital units take a hammering. London stocks “opened ...

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China Escalates Crackdown on Cryptocurrency Trading

LONDON: China is escalating its clampdown on cryptocurrency trading, targeting online platforms and mobile apps that offer exchange-like services, according to people familiar with the matter. While authorities banned cryptocurrency exchanges last year, they’ve recently noted an uptick in activity on alternative venues. The government plans to block domestic access ...

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South Korea Plans Cryptocurrency Trading Ban

SEOUL: The end is here for bitcoin in South Korea, it seems, Government of the Asian nation has officially decided to ban cryptocurrency trading. Police and tax authorities have reportedly been raiding local exchanges on alleged tax evasion charges. The news dropped the price of bitcoin overnight, as South Korea ...

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