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World

China orders banks and payment platforms to stop supporting cryptocurrency transactions

China ordered its banks and payment platforms to stop supporting cryptocurrency transactions. The price of Bitcoin slumped by more than 10% on Monday, and fell again on Tuesday, dropping below $30,000. The value of the cryptocurrency has fallen by about 50% since hitting a record high above $63,000 in April. On Monday, China’s central bank, […]

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World

Elon Musk is ‘another rich dude desperate for attention’: Hacktivist target Tesla CEO for playing games with crypto market

A decentralised international hacktivist group, Anonymous, has threatened Tesla CEO Elon Musk to “expect” them, saying the games played by the entrepreneur with crypto markets seemed to have destroyed lives. In a video posted on the Facebook page of Anonymous, the hackers said that the “carefully curated” image of Elon Musk is getting exposed, and […]

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Insane

UK police raiding suspected cannabis farm find illegal bitcoin mining operation instead

When the police went to raid a suspected cannabis farm a massive bitcoin mine was found under operation in the West Midlands, United Kingdom. Police officials executed a search warrant in an industrial unit in Birmingham after receiving intelligence that the unit was being used as a marijuana farm. The department issued a press release […]