Over on Twitter, the Crypto Korean account pointed out that Samsung is now producing chips for a bitcoin mining hardware manufacturer based in China.
According to Bloomberg, governments are worried that bitcoin could become the next Swiss bank account.
According to Bloomberg, the SEC has frozen the crypto assets of an initial coin offering (ICO) that claimed to have raised $600 million.
Over at The Hill, an opinion piece by former US Senator Judd Gregg regarding the ability of bitcoin to compete with existing fiat currencies was published.
According to Bloomberg, U.S regulators have subpoenaed cryptoasset exchange Bitfinex and Tether.
Featured image via Pixabay.
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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.