Browse By

All posts by digest

China government deepens crackdown on Bitcoin mining

China government deepens crackdown on Bitcoin mining

The province of Hebei, in China, which is 300 km from Beijing, is the latest region to create crackdowns on cryptocurrency miners, and it has already started doing it at homes. The Network Security and Information Technology Commission, led by the local Communist Party, has

Coinbase wants to raise $1.5 billion in bond sales

Coinbase wants to raise $1.5 billion in bond sales

Coinbase, one of the world’s largest cryptocurrency exchanges, has announced it intends to raise more than $1.5 billion through the sale of bonds. The action comes just months after the company went public on the US stock exchange. According to information, the exchange will use

Google receives $177 million fine in South Korea

Google receives $177 million fine in South Korea

The competition authority in South Korea has fined Google a sum of $177 million, they accused the US technology company of abusing its dominant position in the market. According to Yonhap News (via Engadget), the issue is the anti-fragmentation agreement (AFA) Google makes manufacturers sign

Wall Street recovers after worst week in recent times

Wall Street recovers after worst week in recent times

Wall Street indices opened higher, recovering from what was the worst week in months, as investors wait to see the impact of possible tax changes on corporate profits and the effects of inflation on monetary policy. The S&P 500 is gaining 0.7%, to 4,489.50 points,

Bitcoin could collapse, warns Central Bank of Sweden

Bitcoin could collapse, warns Central Bank of Sweden

Sweden’s central bank governor compared the Bitcoin market to commercial stamps, questioning the staying power of coins without government support. “Private money usually collapses sooner or later,” said Riksbank (Central Bank of Sweden) Governor Stefan Ingves at a banking conference in Stockholm. “And of course