cryptocurrency
High School Principal in China Fired for Running Secret Cryptocurrency Mining Operation

Eight cryptocurrency machines reportedly drained electricity from a Chinese high school for nearly a year before the principal was busted, and later fired, for running an Ethereum-mining operation. Read More >>

wearables
Hublot’s £19,000 Bitcoin Watch Is Perfectly Designed to Help Me Spot Terrible Jabronis

There are lots of annoying telltales of a blowhard, but none quite so insufferable as Hublot’s Big Bang Meca-10 P2P watch. It costs an absurd $25,000 (£19,000), but even if you have all that cash in your bank account, you’re out of luck—this is a watch that can only be bought with cold, hard Bitcoin. Read More >>

cryptocurrency
Mining Bitcoin Can Be More of an Energy Drain Than Actual Mining

Cryptocurrency and precious metals share some similarities. Libertarians love them. Their values are social constructs. They’re mined. And accomplishing said mining takes a tonne of energy. Read More >>

money
Government’s Crypto Taskforce Warns of Valueless Money Traps

A particularly nerdy part of the government whose members' business cards say "Crypto Assets Taskforce" has been pondering what to do about the appearance of virtual money types, including the cryptocurrencies that every corner shop is now encouraging people to subscribe to and pay with. In short, current advice is be careful, and don't expect any money you put in to ever come out again in a recognisable, spendable form. Read More >>

cryptocurrency
Cryptocurrencies Just Plummeted £9.8 Billion in Value Over the Course of a Few Hours

The cryptocurrency markets saw a significant crash on Wednesday (Eastern local time), with just short of £10 billion in value wiped out over the course of just three hours, CNBC reported. Read More >>

cryptocurrency
Starbucks: Sorry, Your Bitcoin Is Still No Good Here

Starbucks wants to be crystal clear: Despite recent stories about their involvement in some sort of blockchain project, they are not going to be accepting bitcoin as a form of payment for coffee. Read More >>

business
‘Long Blockchain’ Maybe Not as Smart as It Thought

Remember “Long Blockchain,” or rather, the company formerly known as Long Island Iced Tea Corp. that saw its stock skyrocket after it changed its name to refer to the foundational technology behind the cryptocurrency boom and made a vague pivot to “globally scalable blockchain technology solutions”? Turns out that might not have been so smart! Read More >>

cryptocurrency
‘Bitcoin Maven’ Jailed for Multi-Million Dollar Bitcoin-for-Cash Money Laundering Operation

Bitcoin has lost most of its (likely inflated) value in the last few months, but it still has plenty of value for law enforcement agencies looking for financial crimes to punish. The latest cryptocurrency criminal to get the book thrown at them is “Bitcoin Maven,” a 50-year-old woman who ran a bitcoin-for-cash exchange operation. Read More >>

bitcoin
Researchers Reach Obvious Conclusion That Bitcoin’s Price Was Artificially Inflated

Bitcoin now hovers around £4,700, but not long ago it had spiked to nearly £15,000 per coin. Sceptics have wondered how such a rise was even possible, and a paper authored at the University of Texas suggests a fairly reasonable answer: price manipulation! Read More >>

cryptocurrency
Bitcoin Price Plunges After Hack of South Korean Exchange, Down 53 Per Cent Since December

It’s hard out there for people who play with imaginary money. Bitcoin and other cryptocurrencies plunged over the weekend after it was revealed that a South Korean exchange, Coinrail, was hacked. Roughly $42 billion (£31 billion) of market value was destroyed in the sell-off, and Bitcoin has lost over 50 per cent of its worth since December. Read More >>

cryptocurrency
Mount Everest Cryptocurrency Stunt Turns Deadly

A Sherpa man who helped lead a team up Mount Everest as a part of an ASKfm cryptocurrency publicity stunt is presumed dead. Read More >>

bitcoin
A Scottish Rehab Centre Has Started Taking in Bitcoin Addicts

Bitcoin and other cryptocurrencies have been all the rage for several months now, thanks to the inflated prices that helped a bunch of people get rich. But apparently some people are taking it even further and just can't help but buy more and more crypto for no good reason, and that's why there's one Scottish hospital has expanded its rehab services for cryptocurrency addicts. Read More >>

crime
Scammer Threatens to Kill Dog Unless Owner Pays Bitcoin Ransom

It can be difficult to muster anger about every bitcoin scam out there, but when con artists go after our Very Good Dogs, consider me invested. Last week, a basset hound named Happy went missing in the US state of North Carolina, and a scammer claiming to have the dog soon demanded hundreds of dollars in bitcoin for his return. Read More >>