British police seize record $408 million haul of cryptocurrency

British police seize record $408 million haul of cryptocurrency

British police have seized record hauls of cryptocurrency totalling 294 million pounds ($408 million) as part of an investigation into money laundering after organised crime groups moved into cyptocurrencies to wash their dirty money.

Bitcoin dives as China widens crackdown on crypto mining

Bitcoin dives as China widens crackdown on crypto mining

Bitcoin tumbled more than 10 per cent Monday after China broadened a crackdown on its massive cryptocurrency mining industry with a ban on mines in a key southwestern province.

PayPal to allow cryptocurrency buying, selling and shopping on its network

PayPal to allow cryptocurrency buying, selling and shopping on its network

PayPal Holdings Inc joined the cryptocurrency market on Wednesday, allowing customers to buy, sell and hold bitcoin and other virtual coins using the US digital payments company's online wallets.

Access to millions blocked after cryptocurrency exchange founder dies

Access to millions blocked after cryptocurrency exchange founder dies

Canada's largest cryptocurrency exchange is seeking creditor protection after it became unable access 190 million Canadian dollars (145 million US dollars) in funds following its owner's sudden death in December.

Hackers steal $30mn from top Seoul bitcoin exchange

Hackers steal $30mn from top Seoul bitcoin exchange

Hyper-wired South Korea has emerged as a hotbed of trading in virtual units.

London mosque accepts bitcoin as donation

London mosque accepts bitcoin as donation

A mosque in Britain's capital is willing to receive your donation - in bitcoin.

Cryptocurrency stunt on Everest linked to Sherpa death

Cryptocurrency stunt on Everest linked to Sherpa death

Lama Babu Sherpa has not been seen since May 14 and is presumed dead, Nepal-based Seven Summit Treks said.

Billionaire Buffett bashes bitcoin as thriving on mystique

Billionaire Buffett bashes bitcoin as thriving on mystique

Billionaire investor Warren Buffett on Monday said buyers of bitcoin, which he has characterised as "rat poison squared," thrive on the hope they'll find other people who will pay more for it.

S Korea uncovers about $600 mn in illegal cryptocurrency trade

S Korea uncovers about $600 mn 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 ...

Bitcoin jolted by regulation worries, falls 7pct on extended selloff

Bitcoin jolted by regulation worries, falls 7pct on extended selloff

Bitcoin extended its sharp tumble of the past 24 hours, skidding more than seven percent on Wednesday in a rapid downturn in fortunes as investors were spooked by fears regulators might clamp down on an asset whose value has skyrocketed in the past year.

South Korea planning to close cryptocurrency exchanges

South Korea planning to close cryptocurrency exchanges

A series of measures have failed to curb overheated virtual currency speculation in South Korea and Justice Minister Park Sang-Ki said it would be "devastating if the bubble bursts".

Bitcoin plunges below $12,000, heads for worst week since 2013

Bitcoin plunges below $12,000, heads for worst week since 2013

Bitcoin plunged by a quarter to below $12,000 on Friday as investors dumped the cryptocurrency in manic trading after its blistering ascent to a peak close to $20,000 prompted warnings by experts of a bubble.