The recent drop in price of bitcoin has coincided with record volume figures for the bitcoin ETP, launched by Swiss Exchange SIX last month. Institutional Investors are suspected to be behind this as they buy up bitcoin at rock-bottom prices. To the dismay of many, bitcoin has lost almost 50% of its volume over the last month, currently sitting at just above the $3,400-mark. Whilst on the surface this may…

A South African investor who thought that he was being invited to give a lecture at a private residence has narrowly escaped death after being kidnapped and forced to transfer his bitcoin. In a nightmare scenario, an investor in cryptocurrency from South Africa was drugged, kidnapped and tortured in order to get him to divulge his cryptocurrency wallet details. It has been reported in the Soweto Urban that the victim,…