Tag: cryptocurrency

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Bitcoin Price Drops $1,500 in 24 Hours
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Bitcoin Price Drops $1,500 in 24 Hours

Bitcoin’s price has dropped rapidly from $9,800 to $8,150 in less than a day, for the first time in months. “According to data from Coin360, Bitcoin investors are experiencing a painful Tuesday, with BTC/USD hovering close to $8,100. Bitcoin’s rapid drop below $9,800 was the latest move in what was otherwise a slow grind downwards,…

A Look At The PlusToken Exit Scam
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A Look At The PlusToken Exit Scam

Over $240 million in proceeds from the alleged crypto scheme PlusToken have reportedly moved through four Bitcoin (BTC) transactions. Whale Alert, a Twitter account, that is definitely worth a follow, dedicated to reporting large cryptocurrency transactions, posted on the 17th of August that four transactions adding up to 22,923 BTC were likely the transactions of…

Bitpoint Hacked For $32 Million
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Bitpoint Hacked For $32 Million

Bitpoint, a licensed cryptocurrency exchange based in Japan, has been hacked for $32 million in cryptocurrency. According to a CoinDesk Japan report on Friday, Bitpoint stopped all withdrawal, deposit and trading services on Friday morning until further notice, after it noticed irregular withdrawal from its hot wallet on Thursday. It is not yet clear at…

India Is Considering Criminalising Bitcoin
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India Is Considering Criminalising Bitcoin

India’s government is considering introducing an outright ban on cryptocurrency that would see 10 year jail sentences given to anyone caught trading, mining or holding the currency.  The “Banning of Cryptocurrency and Regulation of Official Digital Currency Bill 2019” has been in the works for some time now, and it seems India’s Prime Minister Narendra…

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