27 Mar '14, 11am

BTC

Bitcoin prices plunged nearly 10 percent today after a report that China’s central bank ordered banks and payment companies to close the trading accounts of more than 10 exchanges. Accounts must be shut by April 15, preventing investors in the commodity that advocates promote as a digital currency from doing fund transfers to the exchanges, according to a Caixin news report citing a notice sent to banks and third-party payment companies this month. “I’m aware of the rumors circulating on the topic,” Bobby Lee, chief executive officer of BTC China, one of the largest bitcoin exchanges in the Asian nation, said by phone today. “I haven’t heard of anything else to confirm that. We are still waiting to see what happens.” The price of bitcoin was off 9.38 percent at $524.77 at 12:06 New York time, according to the CoinDesk Bitcoin Price Index. The restrictions would be the late...

Full article: http://www.bloomberg.com/news/2014-03-27/pboc-orders-bank...

Tweets

China’s banks must close all bitcoin sites’ trading accounts, forcing bitcoin exchanges to shut

China’s banks must close all bitcoin sites’ tra...

techinasia.com 27 Mar '14, 11am

The People’s Bank of China today ordered banks and all third-party payment services to stop dealing with anyone in the bit...

Bitcoin Is Getting Destroyed On Rumors That China Is Banning It

Bitcoin Is Getting Destroyed On Rumors That Chi...

businessinsider.com 27 Mar '14, 3pm

Bitcoin was down nearly 12% on rumors China has banned Bitcoin, CoinDesk's Jon Southurst reports . This follows an erroneo...

Bitcoin Price Drops After New Chinese Bank Rumours

Bitcoin Price Drops After New Chinese Bank Rumours

coindesk.com 27 Mar '14, 11am

Less than a week after a fake Chinese news report sent bitcoin and litecoin prices plummeting on some exchanges, another s...

Report: Android Malware Is Mining Bitcoin While You Recharge

Report: Android Malware Is Mining Bitcoin While...

mashable.com 27 Mar '14, 4pm

Some Android users have noticed their phones and tablets are charging slowly and heating up quickly while plugged in. They...

Bitcoin Battle: Warren Buffett vs. Marc Andreessen

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forbes.com 27 Mar '14, 4am

Legendary investor Warren Buffett and venture capitalist Marc Andreessen debate the merits of Bitcoin. Earlier this month,...

A False Report About A Chinese Bitcoin Ban Sent Prices Tanking This Morning

A False Report About A Chinese Bitcoin Ban Sent...

businessinsider.com 21 Mar '14, 5pm

An erroneous report about China banning Bitcoin caused prices to tank this morning, according to Coindesk's Pete Rizzo . T...

BTC Price Declines Following False Report of Bitcoin Ban in China

BTC Price Declines Following False Report of Bi...

coindesk.com 21 Mar '14, 3pm

Updated 15:00 GMT: Updated with c ommentary from co-founder of BitAngelsClub Eric Gu. A false report published on a financ...

What is Bitcoin? How does it work? - Crain's Cl...

crainscleveland.com 23 Mar '14, 9am

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1st Tesla battery-swapping stations to roll out soon, Model S prices drop in Europe

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treehugger.com 24 Mar '14, 11am

Elon Musk, CEO and Chief Product Architect of Tesla Motors , has said that Tesla will roll out its first battery-swapping ...

National Bitcoin Alternative Auroracoin Launche...

forbes.com 24 Mar '14, 11pm

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Price of Bitcoin Remains Under $500 Amid Uncertainty in China

Price of Bitcoin Remains Under $500 Amid Uncert...

coindesk.com 28 Mar '14, 9pm

The price of bitcoin on the CoinDesk Bitcoin Price Index (USD BPI) remained below $500 on Friday 28th March, amid continue...

China's central bank orders country's banks and...

online.wsj.com 02 Apr '14, 5am

China's central bank has ordered the country's commercial banks and payment companies to close bitcoin trading accounts in...

Yet another Bitcoin exchange implodes: Vircurex...

venturebeat.com 23 Mar '14, 6pm

Vircurex is the latest company to join the growing list of insolvent Bitcoin exchanges, according to a statement issued on...

Sound familiar? Bitcoin exchange Vircurex freez...

thenextweb.com 23 Mar '14, 6pm

Jon Russell 23 March '14, 07:08pm Follow The implosion of Mt. Gox has been widely heralded as a sign of a new era of Bitco...

of #bitcoin

of #bitcoin

QZ.com 21 Mar '14, 3pm

The collapse of the Mt. Gox bitcoin exchange has been a speed bump for bitcoin, but the chaos has shed light on the opaque...