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It sounds like a surefire bet. You lend money to a borrower who puts up collateral that exceeds the size of the loan, and then you earn interest of about 20%. What could possibly go wrong?
How bitcoin and other digital coins are defined could shape how they are regulated around the world.
Dramatic falls followed by sharp rises followed by more dramatic falls. Crypto-currency exchange markets are giving us all whiplash. With allegations of bad practice leading to investigations into some cryptocompanies, the once booming currency faces uncertain times.
Cryptocurrency theft is far more common than any published estimates suggest, security professionals say.
Hit Chinese short video app Douyin, operated by Beijing-based Bytedance, has used the newly-established Beijing Internet Court to file a copyright infringement law suit against Baidu’s Huopai Video platform.
The Guangzhou Development District, which was established in the 1980s as one of China’s first special economic zones, issued a notice that banned the hosting of events promoting cryptocurrencies.
Baidu, Alibaba and Tencent block cryptocurrency-related activities on their platforms amid Beijing’s intensifying crackdown on digital money
Investors can be seduced by the offer of being in at the beginning of a new, promising cryptocurrency that could potentially rise hugely in value, but often, all that glitters isn't gold.
Switzerland has become a global hub for cryptocurrencies and the blockchain technology they are built on, with investors flocking to the wealthy Alpine nation to get in on the virtual action.