El Salvador Disables Bitcoin Price On Chivo App To Stop Scalpers

Bitcoin traders have found a way to use the recently launch Chivo App, the countries own BTC wallet, by El Salvador’s government to make a profit. As part of their BTC Law, this app operates with the second layer payment solution lightning network. Related Reading | Bitcoin Price Smashes Record For Highest Weekly Candle Close Ever … Read moreEl Salvador Disables Bitcoin Price On Chivo App To Stop Scalpers

Joe Biden: US Bringing 30 Countries Together to Stop ‘Illicit Use of Cryptocurrency’

President Joe Biden says that the U.S. will bring together 30 countries to stop “the illicit use of cryptocurrency.” The United States is “partnering closely with nations around the world” to respond to the cybersecurity threats, Biden further said. US Will Bring 30 Countries Together to Combat Illicit Use of Crypto, Says Biden The White … Read moreJoe Biden: US Bringing 30 Countries Together to Stop ‘Illicit Use of Cryptocurrency’

Alibaba to Stop Selling Crypto Mining Machines

E-commerce giant Alibaba announced Monday it will stop selling specialized mining equipment on its platforms on Oct. 8. Alibaba said its decision was in response to the latest People’s Bank of China policy circular on crypto trading as well as a 2017 circular. The notice, signed by some of China’s top financial regulators and published … Read moreAlibaba to Stop Selling Crypto Mining Machines