According to CoinDesk, Coincheck has confirmed a cryptocurrency hack loss larger than Mt. Gox. This appears to be the biggest hack in the history of the technology.
Over on Twitter, Bitcoin Magazine's Aaron van Wirdum pointed out the existence of "Bitcoin Valley", which is a small town in Italy that is home to dozens of bitcoin-accepting shops and restaurants.
According to Bloomberg, European Central Bank Executive Board member Benoit Coeure has urged G-20 nations to discuss the topic of bitcoin regulation at the upcoming summit in Argentina.
According to Business Insider, BTCC CEO Bobby Lee has indicated that bitcoin trading has not gone away in the aftermath of new regulations in China. Instead, the trading has gone underground.
According to Bitsonline, India's tax department has seized undisclosed bitcoin assets worth $47 million from a real estate firm.
Featured image via Pixabay.
Never miss a thing and suscribe to our newsletter.
Kyle first used Bitcoin in 2011. By early 2014, researching and writing about Bitcoin had become his full-time occupation. Currently, he contributes regularly to Forbes and CoinJournal. His work has also appeared in Business Insider, VICE Motherboard, Nasdaq, and many other media outlets. Additionally, he provides a daily Bitcoin news recap via a newsletter and YouTube show (audio only version available via SoundCloud), which can be found at kyletorpey.com.