The US Department of Justice has indicted John McAfee over cryptocurrency fraud. It said the businessman was involved in a pump-and-dump scheme on Twitter. He's currently detained in Spain.
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Bitcoin and cryptocurrencies have been all the rage of late. With Bitcoin trading at more than $10,000 at the moment, plenty of people want in on the action, including those trying to scam you.
Messaging service Telegram hopes to create a full-blown cryptocurrency economy inside its app that will run on its own blockchain platform utilizing its native cryptocurrency called 'Gram'.
The People's Republic of China is reportedly seeking to curb trading between digital currencies and the yuan. The move is aimed at "unauthorized trading at virtual currency exchanges".
The People's Bank of China has outlawed Initial Coin Offerings as of Monday. The move is an attempt to cut down on fraud and pyramid schemes which it says ICOs actually facilitated.
