The move by the PBOC saw the price of bitcoin fall more than 35 per cent to 4,900 yuan (HK$6,200) from its peak of 7,588 yuan. Not all investors in bitcoin companies are keeping their identities ... A brand-spanking-new bitcoin exchange based out of Hong Kong has recently received a $2 million investment from private investors and local financial companies, according to Bitcoin Examiner. It’s HKCEx, and it’s claiming to be the world’s most secure bitcoin trading exchange.The company will reportedly use a good chunk of the investment cash to “create a high-load trading ... Red Flags Raised Over Hong Kong Bitcoin Exchange HKCexUPDATE (5th June): This article has been updated with AIA’s comment When Claus, a computer technician in the UK, came across a new exchange based in Hong Kong, his interest was piqued. He was looking to make a return on his litecoin and Hong Kong exchange HKCex… More It's Sunday again, which means it's time for another Bitcoin News in Review, where we look back at our biggest stories here on CCN. This week, (18 May - 25 May), was quite eventful, so we've got a lot to cover on this News in Review. We exposed HKCEx as a scam, helped prevent a 51% attack on Litecoin, saw Darkcoin's price skyrocket, and more. Check out our video and keep scrolling to read our ... He was looking to make a return on his litecoin and Hong Kong exchange HKCex offered a higher litecoin to bitcoin rate than others. Claus deposited 1,000 LTC to HKCex on 15th May and was pleasantly surprised when his HKCex account balance showed an extra 88.8 LTC. It turned out that the new exchange was offering a promotional bonus on deposits. Claus hadn’t even noticed the sweetener. “I t
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