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Chinese Police Confiscate 600 Bitcoin Mining Rigs in 'Largest Power Theft Case' in Years Chinese Police Confiscate 600 Bitcoin Mining Rigs in 'Largest Power Theft Case' in Years

Earlier this year, the Chinese government reportedly outlined plans to limit energy use by cryptocurrency miners and encourage their “orderly” exit from the industry. In the wake of intensified crackdown efforts, some of China’s largest miners opened operations abroad, but it seems at least one mining group tried to…

How to Create Your Own Cryptocurrency How to Create Your Own Cryptocurrency

If you aren’t an expert coder but have been a keen armchair observer of Bitcoin, Dogecoin, and every other increasingly niche cryptocurrency, you might be wondering if it’s feasible to create your own.

Coinbase Reportedly Shuts Down Wikileaks Store, Assange Calls for Boycott in Response Coinbase Reportedly Shuts Down Wikileaks Store, Assange Calls for Boycott in Response

Wikileaks, the whistle-blowing organization which is now almost solely run by founder and fugitive Julian Assange from a small room in the Ecuadorian embassy in London where he is claiming asylum from the police, claims that one of its official stores has been taken down by cryptocurrency exchange Coinbase.

Just About Everyone with Bitcoin is Lying to the IRS Just About Everyone with Bitcoin is Lying to the IRS

Bitcoin may have peaked in terms of value and public interest in 2017, but the cryptocurrency has been far less popular this tax season. According to a recent report, fewer than 100 people have reported bitcoin holdings so far.

At Least Two Flaws in Monero Could Make Some Transactions Partially Traceable At Least Two Flaws in Monero Could Make Some Transactions Partially Traceable

A flaw in ostensibly untraceable cryptocurrency Monero, which has picked up steam as market leader Bitcoin has stumbled in value, may make it possible to trace transactions—and since the entire history of Monero is encoded in its blockchain in what is now known to be a semi-vulnerable method, transactions that…

Artist Hides Secret Code to $10,000 Worth of Cryptocurrencies in Lego Artworks Artist Hides Secret Code to $10,000 Worth of Cryptocurrencies in Lego Artworks

It has no inherent value and causes observers to rotate between feelings of fascination and anger. We’re talking about cryptocurrency, but also art. In a new series, artist Andy Bauch is bringing the two subjects together with works that use abstract patterns constructed in Lego bricks. Each piece visually represents…

Cryptocurrency Companies Are Rushing to Gobble up Canada's Cheap Electricity Cryptocurrency Companies Are Rushing to Gobble up Canada's Cheap Electricity

Canada has always been defined by the vastness of its territory and its wealth of natural resources, especially in comparison to the small population. But today, the nation is in the first stages of a scramble for a new kind of digital resource. Drawn by Canada’s low electricity prices, cryptocurrency miners are…

Child Pornography That Researchers Found in the Blockchain Could Threaten Bitcoin's Very Existence Child Pornography That Researchers Found in the Blockchain Could Threaten Bitcoin's Very Existence

While the practical and financial viability of the Bitcoin blockchain is still an open question, new research shows that the whole thing could already be illegal in most countries. Researchers in Germany discovered that the ledger system that provides the backbone for Bitcoin contains hundreds of links to child…

Donald Trump Orders Nationwide Ban on Purchase or Use of Venezuela's Cryptocurrency Donald Trump Orders Nationwide Ban on Purchase or Use of Venezuela's Cryptocurrency

President Donald Trump’s administration issued an executive order on Monday that essentially bans “any transactions within the United States involving any digital currency issued by, for, or on behalf of the Government of Venezuela,” effectively making it illegal to purchase or use the oil-backed Petro cryptocurrency…

Twitter May Soon Be the Latest Tech Giant to Ban Many Cryptocurrency Ads Twitter May Soon Be the Latest Tech Giant to Ban Many Cryptocurrency Ads

Those looking to run advertisements for cryptocurrencies and related products may soon have to steer clear of Twitter, which Sky News reported on Sunday is “preparing to prohibit a range of cryptocurrency advertisements amid looming regulatory intervention in the sector.”

Google Bans Cryptocurrency Advertising, and Bitcoin Continues to Drop Google Bans Cryptocurrency Advertising, and Bitcoin Continues to Drop

More bad news rattled the cryptocurrency markets on Wednesday. Google has announced that it will no longer allow cryptocurrency-related ads on its platforms. Prices fell as the news spread and a message from the International Monetary Fund (IMF) pushing for a global regulatory crackdown isn’t helping anything.

Monument to Bitcoin Erected in Center of Slovenian Roundabout Monument to Bitcoin Erected in Center of Slovenian Roundabout

Kranj, a self-described “picturesque old town in the center of Slovenian Alps,” unveiled a monument to Bitcoin this week. To many regulators around the world, cryptocurrency is increasingly viewed as a perplexing nuisance. Accordingly, the three-ton monument resides in the center of a three-road intersection.

Bitcoin Cash Has Its Own Rap Song Now, and We're All the Poorer for It Bitcoin Cash Has Its Own Rap Song Now, and We're All the Poorer for It

The upstart virtual currency associated with Infowars guest Roger Ver now has an anthem, and it seems we have Canada to thank for it. After Japan’s foray into blockchain-inspired music with a cryptocurrency-themed pop idol group, it was only a matter of time

Why Cryptocurrencies Are in for a Very Bad Day Why Cryptocurrencies Are in for a Very Bad Day

Judge Jack B. Weinstein, who has served in New York’s Eastern District since 1967, filed a 79-page preliminary injunction against a cryptocurrency trading advice firm that stands accused of fraud. The company in question was hardly a major player, but the ramifications of the order have the potential to impact the…

Thieves Steal 600 Bitcoin Mining Rigs in Iceland Thieves Steal 600 Bitcoin Mining Rigs in Iceland

Every day seems to bring fresh news of a cryptocurrency exchange robbed by hackers. But thieves in Iceland have reportedly taken it up a notch, stealing around 600 computers that are used to mine bitcoin and its crypto-cousins.

Bill Gates Thinks Cryptocurrency Is Killing People 'In a Fairly Direct Way' Bill Gates Thinks Cryptocurrency Is Killing People 'In a Fairly Direct Way'

Microsoft co-founder Bill Gates, whose recent takes have included that Apple should just build a backdoor into the iPhone because the government might demand it anyway, is now warning that cryptocurrency is killing people.

50 Cent No Longer Bragging About a Bitcoin Fortune Now That the US Government Is Interested 50 Cent No Longer Bragging About a Bitcoin Fortune Now That the US Government Is Interested

It’s been a month since 50 Cent was part of the best feel-good story of the cryptocurrency boom. Following reports that the hip-hop star had earned about $7.8 million worth of bitcoin from sales of an otherwise forgotten album, he seemed to confirm the news on Instagram. But when pressed in bankruptcy court, Fiddy…

Wow, Who Could Have Predicted 59 Percent of 2017's ICOs Are Already Dead or Doomed Wow, Who Could Have Predicted 59 Percent of 2017's ICOs Are Already Dead or Doomed

Hey, remember initial coin offerings, the almost totally unregulated form of investment vehicle in which investors trade real cash or assets in exchange for virtual “tokens” in cryptocurrency-backed startups? You know, that hot new crypto market that the Wolf of Wall Street, Jordan Belfort, warned everyone was rife…

Glitch on Bitcoin Exchange Drops Prices to Zero Dollars, User Tries to Make Off With Trillions Glitch on Bitcoin Exchange Drops Prices to Zero Dollars, 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 dollars. Several customers took advantage of the opportunity, but one really ran with it.

Steven Seagal Endorses Shady ICO for ‘Bitcoiin’ Because We Live in Hellworld [Updated] Steven Seagal Endorses Shady ICO for ‘Bitcoiin’ Because We Live in Hellworld [Updated]

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.

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