The Reserve Bank of India’s (RBI) deputy governor has compared cryptocurrency to Ponzi schemes. T Rabi Shankar, the Deputy Governor, even suggested that ‘banning’ cryptocurrency was the best option for India in a speech.
Intel will show off advancements in its bitcoin mining solid-state circuit designs since the patent was submitted and outline how exactly they will change the bitcoin mining landscape forever. Hardware may commoditize should such new firms enter the market.
The US Department of Justice stated on Tuesday that a New York couple was arrested and booked for a $4.5 billion cryptocurrency laundering scheme and attempting to deceive the US government.
Self proclaimed Bitcoin inventor Craig Wright has wins a major lawsuit which saves him from paying $10 billion in cryptocurrency to his former business partner.
The Bitcoin-friendly president of El Salvador, Nayib Bukele, said that his country plans to build the world's first Bitcoin City at a Bitcoin investment summit on Saturday.