Cryptocurrency chaos as China cracks down on ICOs

By Brenda Goh and Elias Glenn SHANGHAI/BEIJING, Sept 13 (Reuters) – China’s move last week to ban initial coin offerings (ICO) has caused chaos among start-ups looking to raise money through the novel fund-raising scheme, prompting halts, about-turns and re-thinks. China is cracking down on fundraising through launches of token-based digital currencies, targeting ICOs in […]

Bitcoin plunges 14 per cent from record highs amid China blackout

Bitcoin fell by as much as 14 per cent to $51,541 on Sunday amid unconfirmed Twitter speculation that the US Treasury may crack down on money laundering that’s carried out through cryptocurrency. The selloff meant the cryptocurrency reversed most of the big gains it made over the past week.  The latest dip meant it was trading […]

Coinbase brings cryptocurrencies to Wall Street

Bitcoin medals: the arrival of the first cryptocurrency exchange on the Nasdaq is exciting a great deal of anticipation on Wall Street The arrival Wednesday of cryptocurrency exchange Coinbase on Nasdaq is one of the most anticipated events of the year on Wall Street, where enthusiasm for record-breaking bitcoin is in full swing, despite questions […]