James Zhong stole USD3.3bn in cryptocurrency by executing many rapid withdrawals from online accounts.
The Nigerian government says a 5 percent tax will be imposed on all calls, SMS messages and data usage.
Is it brave or foolish to seek USD1bn to build a Bitcoin City? Risk can be hard to evaluate but there are also downsides to doing nothing.
They follow the lead of El Salvador, but have different motives for wanting to reduce reliance on currencies controlled by the West.
US politicians and the IMF have doubts about El Salvador using bitcoin as legal tender but they should consider how much poor people spend on transferring money between countries.
75mn followers of the Indian Prime Minister were encouraged to buy Bitcoin, but it seems none of them did.
Eric Adams, the newly-elected Mayor of NYC, signaled a change in political attitudes towards cryptocurrencies and the innovative businesses that use them.
Larry Harmon’s ‘Helix’ mixer obscured the origins of cryptocurrency earned by drug dealers and other illegal enterprises.
The technology for digital currencies is mature and ready for the mass market, as appreciated by an increasing number of central bankers.
By making Bitcoin legal tender, President Nayib Bukele has shown himself more astute than his foreign critics want you to appreciate.