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Hackers steal $30m from bitcoin exchange

Hackers stole more than $30 million worth of cryptocurrencies from South Korea’s top bitcoin exchange, sending the unit’s price falling around the world on Wednesday.

World Cup: Authorities across Asia gear up to fight illegal gambling operators

Law enforcement and regulatory forces in Asia say they are gearing up to fight illegal gambling operators who have ramped up activities in the region ahead of the World Cup, making use of savvy technology and cryptocurrencies to evade prosecution.

ECB: Banks should ‘segregate’ any bitcoin activities

Banks wanting to trade in digital currencies should make sure those activities are clearly "segregated" from their other operations, a top ECB official cautioned Monday, as ever more financial institutions mull jumping on the bitcoin bandwagon.

Zimbabwe bans banks from trading, processing cryptocurrency payments

Reserve Bank of Zimbabwe says it has stopped local banks from trading or processing payments linked to cryptocurrencies like bitcoin.

Iran bans bitcoin, other cryptocurrencies

Iran banned the use of bitcoin and other cryptocurrencies by banks and financial institutions on Monday amid ongoing debate over how best to regulate the technology.

Vietnam suffers $660m cryptocurrency scam

Vietnam has vowed to tighten regulations on cryptocurrencies as authorities investigate an alleged multi-million-dollar fraud in the country, where digital units are traded in a shadowy and unregulated market.

John McAfee charges $105,000 per promotional cryptocurrency tweet

Software tycoon turned cryptocurrency enthusiast John McAfee recently revealed that he charges $105,000 for each tweet he sends out promoting digital coins or initial coin offerings (ICO).

Twitter to ban cryptocurrency adverts on its platform

Twitter Inc is to ban most advertising of cryptocurrencies on its platform, joining Facebook and Google in a clampdown on the nascent industry, the company said in a statement.

Twitter planning to ban cryptocurrency ads

Following Facebook and Google’s footsteps, Twitter is reportedly planning to ban advertisements for cryptocurrencies and initial coin offerings (ICOs), according Sky News.

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.

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Governor Ortom: APC demonizing me

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