gfxgfx
 
Please login or register.

Login with username, password and session length
 
gfx gfx
gfx
76775 Posts in 13501 Topics by 1651 Members - Latest Member: insider4ever May 05, 2024, 12:16:56 am
*
gfx*gfx
gfx
WinMX World :: Forum  |  Discussion  |  WinMx World News  |  Bitcoin price halves as China clampdown escalates
gfx
gfxgfx
 

Author Topic: Bitcoin price halves as China clampdown escalates  (Read 676 times)

0 Members and 1 Guest are viewing this topic.

Bitcoin price halves as China clampdown escalates
« on: December 19, 2013, 09:44:00 am »
http://www.cnbc.com/id/101281272#!

Just shows how much of the wealth held in our world economy is based on perceptions and how fragile the wealth ecosystem is.

Quote
The price of bitcoin has plummeted by 50 percent since record highs in late November, with selling accelerating on Wednesday after reports that the People's Bank of China (PBoC) has ordered third-party payment providers to stop using the virtual currency.

The price of a bitcoin fell to below $600 after stabilizing near $800 for the last couple of weeks after a price slump from $1,200 in late November. At 8 a.m. London time on Wednesday the currency was trading at $555 on major exchange Mt Gox and $550 on CoinDesk's index, which measures a basket of prices around the world.

Offline GhostShip

  • Ret. WinMX Special Forces
  • WMW Team
  • *****
Re: Bitcoin price halves as China clampdown escalates
« Reply #1 on: December 19, 2013, 07:15:00 pm »
Fresh news in on this topic

http://www.theregister.co.uk/2013/12/19/zeus_variant_specialises_in_bitcoin_china_account_hijacking/

Quote
Cybercrooks have developed a strain of malware that actively targets BTC China and other Bitcoin exchanges.

A Zeus P2P/Gameover variant discovered by Trusteer is designed to steal the passwords of traders in the virtual currency. A blog post by the IBM-owned transaction security firm (extract below) explains that the malware is specially designed to trick potential victims into supplying one time passwords that might be needed for successful account takeovers.

Perhaps they should simply use gold for their trading  :lol:

WinMX World :: Forum  |  Discussion  |  WinMx World News  |  Bitcoin price halves as China clampdown escalates
 

gfxgfx
gfx
©2005-2024 WinMXWorld.com. All Rights Reserved.
SMF 2.0.19 | SMF © 2021, Simple Machines | Terms and Policies
Page created in 0.018 seconds with 21 queries.
Helios Multi © Bloc
gfx
Powered by MySQL Powered by PHP Valid XHTML 1.0! Valid CSS!