Tag: currency

  • China bans its banks from dealing in Bitcoin

    As Bitcoin is still very new, it’s no surprise that lawmakers around the world are scrambling to figure out how to deal with it. One country that has decided on a stance towards Bitcoin is China. The country has already banned its banks from handling Bitcoin trade. According to the Chinese government, Bitcoins are a…

  • $7.5 million worth of Bitcoins discarded in landfill

    If you’re storing some Bitcoins around, it’s best to ensure that they’re stored properly. Those 7,500 Bitcoins would translate to about $7,500,000 when the crytocurrency reached $1,000 recently. Missing: hard drive containing Bitcoins worth £4m in Newport landfill site “You know when you put something in the bin, and in your head, say to yourself…