Tag: mycoin

  • What Can China Teach Russia About Bitcoin. newsbtc bitcoin news

    What Can China Teach Russia About Bitcoin?

    Is China turning to bitcoin? According to Bitcoinist, the country is purchasing massive amounts of the virtual coin after the yuan experienced a massive drop in value this past month. The hefty increase in price we’ve seen over the weekend could be a direct result of the purchasing....

    Guest Author | October 18, 2015 | 10:00 pm
  • MyCoin Ponzi Scheme, Taiwan Cops Net Two More. newsbtc bitcoin news.

    MyCoin Ponzi Scheme, Taiwan Cops Net Two More

    MyCoin was one of the biggest scams to hit the shores of Hong Kong this year. The alleged bitcoin exchange based out of Hong Kong was in fact an elaborate Ponzi scheme that successfully managed to rip off over $387 million dollars in customer investments after they shut...

    Gautham | August 30, 2015 | 11:00 am
  • Uncategorized

    Hong Kong Police Arrests Suspects Involved in MyCoin Bitcoin Scam

    The Hong Kong Police Commercial Crime Bureau (CCB) arrested five suspects that might have been involved in last month’s Bitcoin investment fund scam worth $8 million. According to South China Morning Post (SCMP), the arrested individuals include three women, aged somewhere between 48 and 55, and two brothers,...

    Gola Yashu | March 6, 2015 | 10:10 am
  • OKCoin Rings in the Chinese New Year with a $1.6 Million Giveaway

    China’s relationship with bitcoin has seriously been on the rocks these past few weeks.  Between the MyCoin scandal that saw over $8 million in bitcoins disappear, to the latest cyberattack on BTER that resulted in over 7,100 stolen bitcoins, to the voice of lawmakers calling for a full-on...

    Guest Author | February 26, 2015 | 11:00 pm
  • New York Firefighter Mugged and Stabbed Over Bitcoins

    What is the digital world coming to?  An era of hardcore crime has made its way into our little cryptocurrency community and it’s giving digital currency enthusiasts a bad name. Dwayne Richards, a New York City firefighter, was recently held up, robbed, and stabbed by thugs who were...

    Guest Author | February 20, 2015 | 3:00 pm
  • Analysis

    Following a String of Attacks, Was a Bitcoin Price Drop Inevitable?

    So now bitcoin price has gone down again.  After a recent surge of about $20 that got digital currency enthusiasts everywhere feeling pretty happy again, the price has now gone down by about $10 and is hovering around the $233 line. Naturally, many of us are pretty disappointed,...

    Guest Author | February 19, 2015 | 12:00 am
  • When it Comes to Bitcoin, China Just Can't Seem to Catch a Break

    China and bitcoin just can’t seem to get along. The latest news is that BTER, a popular China-based bitcoin exchange is the victim of an alleged hack that saw nearly $2 million in bitcoins stolen. Ironically, this news comes following the disintegration of bitcoin company MyCoin and the...

    Guest Author | February 15, 2015 | 8:00 pm
  • Larry Summers May Love Bitcoin, but he Loves Regulation Even More

    Larry Summers is a former US Department of Treasury Secretary.  Furthermore, he is a former Treasury Secretary who happens to get a real kick out of bitcoin. For all of us, digital currency enthusiasts who just want everyone to get along, it’s always nice when a politician or...

    Guest Author | February 13, 2015 | 2:10 pm

NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins. Here at NewsBTC, we are dedicated to enlightening people all around the world about bitcoin and other cryptocurrencies. We cover news related to bitcoin exchanges, bitcoin mining and price forecasts for various virtual currencies.


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