U.S. Senator Warns Closing Montana Coal Plant Will Hurt Bitcoin Mining Industry
![Steve Daines](https://bitradar.info/wp-content/uploads/2018/08/Steve-Daines-1024x681.jpg)
The junior United States Senator from Montana, Steve Daines, has warned that the planned closure of a coal power generator could harm the booming bitcoin mining business in the state. According to KULR-TV, all the four units of the Colstrip coal plant located in Rosebud County are expected to shut down by 2027. In Senator […]
Bitcoin in December: $30,000
![shutterstock_70837895](https://bitradar.info/wp-content/uploads/2018/08/shutterstock_70837895-1024x640.jpg)
Yesterday, Fundstrat’s Tom Lee has reaffirmed his $30,000 Bitcoin price target by December. But, other permabulls are not as optimistic as Lee about the short-term trend of Bitcoin. In May, BitMEX CEO Arthur Hayes stated that he would like to see the BTC price fall to the $5,000 region before recovering and initiating a 2017-esqe […]
Chinese Police Arrest Crypto Hackers
![Hackers](https://bitradar.info/wp-content/uploads/2018/08/Hackers-1-1024x711.jpg)
Chinese police from multiple cities have arrested three individuals who allegedly stole bitcoins and other cryptocurrencies worth around $87 million. Chinese news agency Xinhua reported on Saturday that the three were busted on Aug. 15 in Hunan, Changchun provinces, and the capital city Beijing, respectively, after a months-long investigation launched by the police. According to the report, […]
Crypto Millionaire Lost 5,500 Bitcoins in Alleged Investment Scam
![bitcoin](https://bitradar.info/wp-content/uploads/2018/08/free-bitcoin-1024x670.jpg)
A 22-year-old cryptocurrency millionaire has lost more than 5,500 bitcoins in an alleged investment scam in Thailand – one that drew public attention due to the alleged involvement of a Thai film actor. According to a media report from Bangkok Post on Monday, a group approached and solicited Finnish businessman Aarni Otava Saarimaa in June […]