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IMF chief Christine Lagarde calls for crackdown on bitcoin criminals

The managing director of the International Monetary Fund (IMF), Christine Lagarde, has called for a crackdown on the misuse of cryptocurrencies like bitcoin by using the blockchain technology behind the digital currency to fight the criminals.

Google to ban ads promoting cryptocurrency and ICOs from June

Google has announced it will ban advertisements that promote cryptocurrencies and initial coin offerings (ICOs) starting from June.

CBN: No legal backing for virtual currencies

The Central Bank of Nigeria (CBN) on Wednesday cautioned Nigerians to be wary of investments in cryptocurrency, stressing that virtual currencies are not legal tender in Nigeria.

Japan’s crypto exchange Coincheck sued after massive heist

Cryptocurrency traders filed a lawsuit Thursday against Japanese exchange firm Coincheck, seeking repayment after hackers raided hundreds of millions of dollars in digital assets.

World Bank compares cryptocurrencies to Ponzi schemes

The World Bank warned and compared cryptocurrencies to “Ponzi schemes”.

Central banker takes stab at bitcoin ‘bubble’

The head of the Bank of International Settlements, the central bank for central banks, on Tuesday lambasted bitcoin as a speculative bubble and said authorities need to be ready to protect public trust in the financial system.

Bitcoin value falls lowest level since mid-November

The digital currency fell as low as $5,920 on Tuesday - down 13% on the previous day - before recovering slightly, according to Bitstamp Exchange.

Bitcoin drops below $6,200

Bitcoin plunged 20 percent to a three-month low on Tuesday, its latest sharp loss following a series of setbacks for the cryptocurrency that, with a collapse across global mainstream markets adding to the selling.

Bitcoin value drops below $8,500

Bitcoin has had a disastrous week, falling below $8,500 today as investors remain spooked about the future of cryptocurrencies.

Samsung making chips designed for cryptocurrency mining

Samsung’s semiconductor business is booming, with the company recently overtaking Intel as the world’s biggest chipmaker.

South Korea uncovers almost $600 million in illegal cryptocurrency trade

South Korea has uncovered illegal cryptocurrency foreign exchange trading worth nearly $600 million, a sign authorities are tightening the regulatory screws on the digital asset that many global policymakers consider to be opaque and risky.

Samsung splits stock as profits jump

Samsung Electronics Co Ltd announced on Wednesday its first stock split as it posted record annual profit driven by a so-called memory chip “super-cycle.”

Facebook bans all ads for Bitcoin, ICOs, and other cryptocurrency

Facebook allows ads for sensitive financial topics, with some restrictions. It requires “written permission” for any real-money gambling or gaming service, for instance, and bans “misleading or deceptive” student loan ads.

Japan orders Coincheck to improve operations after cryptocurrency theft

Japan’s financial regulator on Monday ordered Coincheck to get its act together after hackers stole 530 million dollars worth of digital money from its exchange, jolting the nation’s cryptocurrency market in one of the biggest cyber heists.


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$40 million fraud: Ex-President Jonathan’s cousin knows fate March 29

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Report: Emmerson Mnangagwa sacks dozens of Robert Mugabe workers

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