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Bitcoin – Page 1998 – DIGIT INFO

Russian Reports say Crypto Entrepreneur Pavel Lerner Kidnapped in Kiev

Russian programmer and cryptocurrency investor Pavel Lerner has been kidnapped in Kiev, according to Ukrainian and Russian media reports. He is the managing director of Exmo, a major UK-based exchange popular with Russians for accepting ruble payments. Lerner is also well known in Ukraine where he has startups dealing with mining operations and blockchain technology … Read more

Survey Says 31% of South Korean Workers Are Cryptocurrency Investors

Survey data shows that about three out of every 10 South Korean workers have invested in cryptocurrency in some shape or form.  Also Read: Former FDIC Chair Sheila Bair on Bitcoin: “Value — Like Beauty — Is in the Eye of Beholder” 31.3% Invested in Virtual Currencies On Wednesday, online job portal Saramin surveyed 941 salaried … Read more

Trading Bot Mistakenly Causes e-Gulden Pump

In an unregulated market such as cryptocurrency, bad actors and spontaneous events continually prey upon unknowing individuals. While the victims of these acts typically consist of naive and inexperienced individuals, even savvy traders sometimes find themselves duped by these ploys. Since last Thursday, McAfee Antivirus creator and eccentric cryptocurrency magnate has been tweeting a “coin-of-the-day” to his … Read more

Former FDIC Chair Sheila Bair on Bitcoin: “Value — Like Beauty — Is in the Eye of Beholder”

Former Federal Deposit Insurance Corporation (FDIC) chair Sheila Bair was given a platform on Yahoo! Finance to share her thoughts on the world’s most popular cryptocurrency, bitcoin. While she trucks in regulatory speak, some of her ideas might surprise crypto enthusiasts. Also read: Bundesbank Board Member: No Plans to Issue State-Backed Cryptocurrency Bitcoin’s Value is … Read more

Major Korean Banks Drop Bitcoin Point Swap Services

South Korean banks are further distancing themselves from bitcoin following the government’s ”emergency” regulation which bans them from direct involvement in cryptocurrency-related activities. Shinhan Bank and KB Kookmin Bank have announced that they are discontinuing their points for bitcoin exchange services in January. Also read: South Korea Clarifies Position After Reports of Possible Ban on All … Read more

EU Finance Commissioner: The Political Body Has No Plans to React to Bitcoin

Some members of the European Union have been discussing the popularity of the decentralized currency bitcoin, and the EU’s political body recently added “digital currencies” to its anti-money laundering statutes. However, the EU commissioner for financial affairs, Pierre Moscovici, explains in a recent interview that at this stage politicians have no plans to “react” just … Read more

Twenty Years Ago, Two Men Predicted Bitcoin

Clinton began his second term as President of the United States. Titanic dominated the box office. Hanson’s “MMMBop” stormed music charts. The year, 1997, also turned out to be when two cranks, fringe thinkers, wrote The Sovereign Individual: Mastering the Transition to the Information Age (TSI), published by Simon & Schuster. Catastrophic impresarios James Dale … Read more

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