cryptocurrency
Glitch on Bitcoin Exchange Drops Prices to Zero Pounds, User Tries to Make Off With Trillions

A cryptocurrency exchange in Japan reportedly experienced a temporary glitch last week that suddenly offered investors their pick of coins for the low, low price of zero pounds. Several customers took advantage of the opportunity, but one really ran with it. Read More >>

cryptocurrency
Steven Seagal Endorses Shady ICO for ‘Bitcoiin’ Because We Live in Hellworld

Former action movie star and current alleged rapist Steven Seagal has endorsed a suspicious cryptocurrency venture known as Bitcoiin (yes, with two “i”s) 2Gen. What could go wrong? Read More >>

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Bank of England’s Mark Carney Declares Bitcoin has “Failed” as a Currency

Bitcoin has been lauded as many things, including some sort of ultra-libertarian monetary alternative to government regulated currencies. Despite people still singing praises of Bitcoin, and cryptocurrencies in general, the Bank of England's Mark Carney has declared Bitcoin has failed to meet its lofty ambition of being a real currency. Read More >>

cryptocurrency
Report: Some Crypto Enthusiasts Are Increasingly Worried About Getting Robbed in Person

Despite periodic crashes in the cryptocurrency markets, digital currency keeps on moving out of its formerly niche space and affecting the real world. Bitcoin-mining operations are now set to gobble more electricity than domestic residential consumption in Iceland, major credit card providers are banning purchases, rumoured scams as well as proven ones are rampant, and though some regulation has already been forthcoming authorities are largely playing catch-up. Read More >>

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Bitcoin is Making it Harder for us to Stalk Aliens

With Bitcoin's price skyrocketing before Christmas, and other cryptocurrencies following suit, it seems like everyone and their mum is trying to get in on the market and get rich. That means a lot of people are buying up hardware to mine new coins for themselves, and apparently it's stopping us from being able to listen out for alien messages asking if we want to head to Alpha Centauri for pizza. Read More >>

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Is a Potentially Fraudulent Crypto Company Behind the Bitcoin Rebound?

After a precipitous crash, cryptocurrency enthusiasts have been heartened to see a steady climb in the value of frontrunner coins since Tuesday night. What’s driving the rebound in an increasingly harsh regulatory climate might be a so-called “stablecoin” widely suspected to be fraudulent. Read More >>

cryptocurrency
Lloyds Bank Tries to Save Customers From Loading up on Credit Card Bitcoin

The operator of the Lloyds Banking Group has placed a restriction on its customers who plan on using a credit card to buy magical future currency bitcoin, possibly saving your dad from making a huge mistake. Read More >>

cryptocurrency
Chase, Bank of America, and Citigroup All Ban Cryptocurrency Purchases on Credit Cards

Per CNBC, J.P. Morgan Chase, Bank of America, and Citigroup all announced the new restrictions as the price of Bitcoin plummeted to below $8,000 (£5,670) on Friday, less than half of the high of over $19,000 (£13,460) it hit in mid-December. Read More >>

cryptocurrency
Bitcoin Fell Off a Cliff and No One Knows How Far It Is to the Bottom 

All good things must come to an end—and bad things, too. Bitcoin has had a hell of a ride over the last year, but that all seems to be over as almost 60 per cent of its value has vanished in the last month. Enthusiasm in the cryptocurrency market is low as Bitcoin dropped below $8,000 (£5,664) for the first time since November. Read More >>

cryptocurrency
19-Year-Old Bitcoin Millionaire Says ‘It’s Your Own Fault’ If You Don’t Become a Millionaire Within the Next Decade

Erik Finman, a 19-year-old from Germany, got rich from cryptocurrencies after his grandmother gave him €1,000 (£876) to invest. He now has roughly $1.5 million (£1.1 million) in bitcoin, and he’s got some harsh words for the rest of us suckers. Finman says, “if you do not become a millionaire in the next 10 years, then it’s your own fault.” Read More >>

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How Much Should I Regret Not Buying Bitcoin?

The first bitcoin transaction ever was by man who bought two pizzas. That arrangement would be worth over a $100 million today. Regret was baked into Bitcoin from the beginning. Last year, somewhat inexplicably, Bitcoin’s price rose more than 1,000 percent. That number has since dipped, but a single bitcoin is still, as of this writing, worth around $11K. Read More >>

cryptocurrency
50 Cent Forgets He Accepted Bitcoins for Album, Finds £5.5 Million Pile of Bitcoins

50 Cent has a way of pulling money out of thin air by making prescient early investments. Though he hasn’t been doing so great lately, he’s still got some tricks up his sleeve. It turns out he accepted Bitcoin payments for his 2014 album Animal Ambition and never cashed them out. Suddenly, he’s richer than he realised. Read More >>

cryptocurrency
Huge Payment Processor Stripe Is Bailing on Bitcoin

In addition to providing a payments platform for big clients like Lyft, Facebook, and Target, Stripe has been supportive of cryptocurrencies for several years. On Tuesday, Stripe reiterated its support for a viable digital currency, but said that bitcoin just isn’t cutting it. Going forward, Stripe will no longer accept bitcoin as a payment method. Read More >>

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Man Says He Spent Thousands on Bitcoin Mining Rig and Got Boss Baby DVD Instead

The Boss Baby is one of the finest films of 2017, and on Tuesday it received an Oscar nomination that settles any further debate. But one man in Britain doesn’t seem to be a fan. The poor guy recently described a nightmarish scenario where he was shipped a DVD of the animated masterpiece instead of the £3,000 bitcoin mining rig he ordered. Read More >>

bitcoin
The US SEC Wants Answers Before It Approves Bitcoin-Based Futures

Joint statements from both the US Securities Exchange Commission (SEC) and the Commodities Futures Trading Commission (CFTC) have effectively put a freeze on cryptocurrency futures trading. The statements come after several crypto-based exchange-traded futures (ETFs) proposals were withdrawn last week, at the encouragement of the SEC. Read More >>