Russian Crypto Expert Released After Allegedly Being Kidnapped

Pavel Lerner, the Russian IT specialist kidnapped by masked men near his Kiev office on Tuesday, has been released after reportedly paying a bitcoin ransom worth more than a million in USD. This sum and payment has not been confirmed. Exmo’s executive was dropped off on a roadside by his attackers and is in a … Read more

Australian Freeze: Big Aussie Banks Denying Bitcoiners

Bitcoiners in Australia claim banks are on purpose freezing their bank accounts, disallowing exchange transfers, and at least one exchange is over-reacting to the freeze. They’re so unnerved they’ve done what any good crypto enthusiast does: air it all on social media and in comment threads.   Also read: Bitcoin’s Value — Like Beauty — Is … Read more

Surveys: 73% of Russians Will Increase Crypto Investments

A recent survey shows that 49% of Russians want to receive cryptocurrency as gifts, with a large percentage specifying bitcoin. As cryptocurrencies grow in popularity, another survey reveals 73% of Russian investors expect to increase their cryptocurrency holdings next year. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales 49% Want … Read more

Thailand’s Year of Bitcoin Ends with Central Bank Education Push

This week the Kingdom of Thailand announced its major regulators would team up in order to better educate its people about the world’s most popular cryptocurrency, bitcoin, openly worrying it might be a Ponzi scheme. This comes after its central bank issued reminders the digital asset was not legal tender. And so The Year of … Read more

Trump’s New Tax Bill Means Changes Ahead for U.S. Bitcoiners

It has been 31 years since the United States addressed its labyrinthine tax structure. The 115th Congress passed a bill slicing seven income brackets on individuals to four, tweaking them mostly downward and slightly, lessening the corporate tax, and increasing deductions here while limiting others there. For bitcoiners, An Act to provide for reconciliation pursuant … Read more

The Greatest Bitcoin Memes of 2017

2017 will go down as the year that everyone in bitcoin got rich, not on cryptocurrencies, but on the rich memes that were in such plentiful supply. If there was one upside to all the in-fighting, name-calling, and mud-slinging, it was the dank memes that were spawned. News.Bitcoin.com’s resident memologists have rounded up a few … Read more

Ross Ulbricht’s Fate in the Hands of the US Supreme Court

Ross Ulbricht formally submitted a writ of certiorari to the Supreme Court of the United States (SCOTUS), seeking a hearing for the overturn of a decision upheld this year by the Second Circuit Court of Appeals. Mr. Ulbricht’s double-life sentence without the possibility of parole is at stake. Also read: Bundesbank Board Member: No Plans … Read more

EU Central Banker: “Stop Calling the Bitcoin a Coin”

European Union central bankers are becoming increasingly vocal on the subject of the world’s most popular cryptocurrency, bitcoin. Its precipitous price increase this year seems to coincide with wide-ranging statements, including the digital asset’s threat or lack thereof. Recently, the governor of the National Bank of Belgium (NBB) explained that more people should be warned … Read more

How a 2014 Bitcoin Project Will Pay an Alaskan Schoolgirl’s College

In 2014, a schoolgirl decided to do her class project on bitcoin. As part of her presentation, she distributed 30 paper wallets containing BTC to her classmates. Three years later and half of her peers still have their wallets, with some planning to use the windfall to help pay for college. The girl at the … Read more

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