Hackers steal $600 million in biggest cryptocurrency heist
WASHINGTON DC, USA: Hackers have stolen some $600 million in what appears to be one the biggest cryptocurrency heists ever. Blockchain site Poly Network said...
Cryptocurrency
UK financial regulator bans crypto exchange
LONDON, UK: Britain’s financial regulator has said Binance, one of the world’s largest cryptocurrency exchanges, cannot conduct any regulated activity and issued a warning to...
China directs banks to stop backing cryptocurrency
BEIJING China: China has expanded its clampdown on cryptocurrencies, telling banks and payments platforms to stop supporting digital currency transactions. That follows an order to...
Bitcoin slips as China blocks cryptocurrency-related social media accounts amid crackdown
BEIJING, China: China has stepped up its crackdown on bitcoin trading and mining, blocking a slew of cryptocurrency-related accounts on the Twitter-like Weibo platform over...
Bitcoin’s eases volatility after setback
NEW YORK, USA: Bitcoin has started recovering after a volatile week. The trend has been taken by some as a tentative sign the fragile digital...
Iran bans cryptocurrency mining for four months amid widespread power cuts
TEHRAN, Iran: Iran has banned all cryptocurrency mining for the next four months as widespread power outages stir public dissatisfaction across the country. President Hassan...
European leaders say Facebook’s cryptocurrency poses serious threat to national sovereignty
GENEVA, Switzerland: Facebook’s cryptocurrency Libra, promoted as an alternative to traditional banking, has sparked concerns from central bankers and regulators around the world. The currency...
Pakistan faces a future of Cryptocurrency
If you run a quick search about Pakistan and cryptocurrency, what’s likely to come up near the top is talk of a ban. Indeed, it...