Square Sees Stock Price Explode As Its Bitcoin Service Expands

Square, the financial services company started by Twitter’s co-founder Jack Dorsey, has been seeing its crypto service expand rapidly. Nomura Instinet: Square Is Decoupling From Bitcoin’s Performance Bitcoin has seen a dismal year so far, to be frank, with the foremost cryptocurrency taking a tumble from $20,000 down to a low of $5,800. Many industry […]

Chinese Police Seize $1.5 Million in World Cup Crypto Betting Booty

More than $1.5 million worth of cryptocurrency was seized as part of an anti-gambling operation run by Chinese police during the 2018 FIFA World Cup. Chinese Police Seize $1.5 Million The Chinese state-run news source Xinhua reported two days ago that local authorities first came across the so far unnamed online gambling platform in May. The betting […]

PoWx Seeks to Change Bitcoin Mining with “Optical PoW”

Nonprofit organization PoWx has launched this week with the goal of boosting the idea behind proof of work (PoW) through more innovative algorithms. The company is seeking to decentralize Bitcoin mining and make it more accessible to consumers through a new technology that executives have dubbed “optical PoW” — a new type of hardware that […]

Op-Ed: Bitcoin’s Roots in the Great Law of Peace

Bitcoin, in its nine years of existence, has steadily gained traction, defining itself as a new digital gold. Early adopters of this technology have shown excitement for the potential of this inflation-proof sound money. With steady increase in value over the years, this new invention of money has established its position in finance. The gold […]

Canadian Cryptocurrency Exchange Coinsquare Plots Asian Expansion

Canada-based cryptocurrency exchange Coinsquare is plotting a major expansion into Japan as it prepares to go public later this year. The exchange, headquartered in Toronto, announced this week that it had formed a partnership with DLTa21, a “global blockchain investment bank,” to launch a centralized cryptocurrency exchange in Japan. Coinsquare, which operates Canada’s third-largest cryptocurrency […]

New Bitcoin Scam Targets Embarrassed Porn Viewers

A new scam has begun targeting porn viewers in an attempt to blackmail victims and extort $1,900 — and they only take bitcoin. Via malware, the scammers claim to have compromising footage of viewers taken from the would-be victim’s webcam while pornographic videos were playing. The scam email sent to victims begins by revealing to them […]