Bitcoin is still relatively young, so governments are playing catch-up when it comes to defining laws that regulated digital currencies. Our bitcoin law news gives you the most important updates to this global phenomenon.
Bitcoin has recently spiked to its yearly high north of $620, depending on the exchange. Among market hesitancy, a correction occurred bringing it to around $600, where it’s sat for the past couple weeks. Depending on your stance, Bitcoin’s price will go either way, but the market is becoming more informed of Bitcoin’s unique investing capabilities. This …
Is Santander Cautious of Bitcoin? Bitcoin has been questioned by a majority of the public since it’s inception in 2009. Initially it was viewed as a joke, a fughazi, made-up. But as adoption skyrocketed across the world during the economic panic from 2008, people started to change their minds. Prices skyrocketed and plummeted. Yet 7 years after …
Interview with Shapeshift.io CEO: Erik Voorhees Shapeshift.io is our premier choice for converting (read: exchanging) cryptocurrencies. It is an invaluable tool for anyone interested in diversifying cryptocurrency holdings. Our preferred method is obviously direct, but Shapeshift has beat our expectations time and time again. With the recent shapeshift hack, many have been wondering the security …
Will Bitcoin Save Greece from it’s Economy’s Problems? What is the Greek Crisis? I can’t walk five minutes in New York City without hearing someone mention the Greek Crisis, and the possibility of the “Grexit” from the Euro. All this news about the Greek Crisis is driving the Cryptocrooks crazy. As the Greek Crisis is taking over …
Bitcoin takes the World by Storm Some 600 virtual currencies now exist around the world. Bitcoin has a market capitalization of more than $6.5 billion. Hopes are high for the currencies as both investment targets and low-cost methods of payment. Monetary authorities worldwide are setting out to regulate the technology, starting with measures to prevent …
BitLicense has caused an Exodus of Bitcoin Companies out of New York BitLicense is changing how lawmakers, consumers, businesses and innovators utilize Bitcoin in New York State. These laws were created as a push to regulate all cryptocurrency with the rise of Bitcoin following a series of high-profile law suits and media field trips. What is BitLicense? BitLicense is a set of …
Bitcoin Center: NYC’s Bitcoin ATM Bitcoin Center Wall St – Exist No More! The Bitcoin Center NYC on 40 Board Street, blocks from Wall Street, has ceased its operations. It was one of the best ways to buy Bitcoin in person, if not the best way from what I can tell in New York. The rent …
Bitcoin Ransom Extortion an Increasing Problem 21st century Digital Extortions on the rise with Bitcoin at the Center Bitcoin Ransoms in Lieu of Duffle Bags of Cash One way people have been using or should I say misusing Bitcoins is through demanding ransoms from people with crypto coins as the payoff instead of a bag …
Hollywood Presbyterian Medical Center; a Hollywood hospital, had its electronic patient records hacked and held hostage chose to give in to ransomer demands and pay $17,000 in bitcoin to retrieve the ransomed records. Hollywood Presbyterian Medical Center staff noticed issues accessing its computer network on Feb. 5. The price to regain access to the hospital files was …
Hollywood Hospital Targeted in Extortion Plot over Hacked File Read More »
Bitcoin Demand Growing in Nigeria Nigerians pay the most over spot on their exchanges, versus those based in the USA. Why is this? Bitcoin is harder to obtain in Nigeria, and several worldwide exchanges don’t allow Nigerian citizens to trade on them. Let’s examine the state of Nigeria, and how the demand for Bitcoin has …
