cryptocurrency (Page 3)

Latest in cryptocurrency

The value of fell down to just below $50,000, the first time it did so since early March. Analysts suggest it could be related to Biden's capital gains tax.

Bitcoin Crashes, Wiping Over $200 Billion Off Crypto Market

By Victor Tangermann

Dogecoin is now worth $40 billion, CNBC reports, after values skyrocketed, adding $20 billion in value in just 24 hours.

Dogecoin Is Spiking and People Are Losing Their Minds

By Victor Tangermann

Digital artist Beeple, otherwise known as Mike Winkelmann, decided to sell his share of $53 million in ether he got for selling an NFT.

The Guy Who Sold a $69 Million NFT Thinks NFTs Are Pretty Dumb

By Victor Tangermann

Tesla has officially started to accept Bitcoin as payment for its vehicles in the US, according to CEO Elon Musk.

You Can Now Officially Buy a Tesla With Bitcoin

By Victor Tangermann

Technology research group MERL Tech investigated the lofty claims of 43 blockchain startups. In a new report, the group claims none of them delivered.

Wait, How Do You Pronounce “NFT”?

By Tony Ho Tran

Microsoft founder and billionaire Bill Gates told The New York Times that Bitcoin is "not a great climate thing."

Bill Gates Says That Bitcoin Sucks

By Victor Tangermann

Tesla CEO Elon Musk isn't afraid of the Securities and Exchange Commission coming after him for tweets about the cryptocurrency dogecoin.

Elon Musk Invites SEC Into Battle Over Dogecoin, Because ??!??!?!??!

By Victor Tangermann

Bill Gates wants everyday Bitcoin investors to remember that Elon Musk can afford to cut and run, but they likely cannot.

Bill Gates: You Should Probably Not Follow Elon Musk ‘To The Moon’ On BTC

By Dan Robitzski

Philippines-based PDAX, Southeast Asia's largest crypto exchange, just accidentally sold bitcoin at an incredible 88 percent discount, for just $6,000.

Whoops: Crypto Exchange Accidentally Sells Bitcoin at 88% Discount

By Victor Tangermann

The US Department of Justice indicted three state-backed North Korean hackers for stealing a massive pile of cryptocurrency.

WANTED: Three North Korean Hackers For Trying to Steal $1.3B In Crypto

By Dan Robitzski

Man Accidentally Buried $275 Million of Bitcoin in Landfill

Man Accidentally Buried $275 Million of Bitcoin in Landfill

By Victor Tangermann

According to Russian state-owned news, hired assassins are taking cryptocurrencies as payment for their crimes making them extremely difficult to track.

Russia Complains That Assassins Are Getting Paid in Cryptocurrencies

By Victor Tangermann

Responding to writer Ben Mezrich, who said that he's "never turning down getting paid in bitcoin again" in a Friday tweet, Musk replied with "me neither."

Elon Musk Says He Would Take a Salary in Bitcoin

By Victor Tangermann

The Justice Department seized $1 billion worth of bitcoin after analysts found about 70,000 bitcoins were taken out of a Silk Road-related account.

US Government Seizes $1 Billion in Silk Road Bitcoin

By Victor Tangermann

An anonymous bitcoin wallet holder transferred $1 billion worth of bitcoin from accounts linked to darknet marketplace Silk Road.

Someone Just Moved $1 Billion in Bitcoin From a Busted Darknet Market

By Victor Tangermann

The Wyoming Banking Board just voted to approve Kraken, a San Francisco-based cryptocurrency exchange, as a special purpose depository institution.

For the First Time, a Cryptocurrency Exchange Is Becoming a US Bank

By Victor Tangermann

The Marine Corps just issued a memo banning all servicemembers from mining cryptocurrency like Bitcoin on government-issued devices.

Marine Corps Bans Service Members From Mining Bitcoin on Military Devices

By Dan Robitzski

A fake livestream on YouTube with 10,000 viewers is playing SpaceX footage, accompanied by a QR code that sends users to a fake Bitcoin giveaway.

A Fake SpaceX Stream That’s Scamming Bitcoins Has 16,000 Viewers

By Victor Tangermann

YouTube deleted hundreds of cryptocurrency videos earlier this week. Now it says they're back and called the whole thing a mistake.

YouTube Calls Mass Deletion of Cryptocurrency Videos a Mistake

By Dan Robitzski

A team of legal representatives of those whose money disappeared with bitcoin CEO Gerald Cotten's death have sent a letter seeking an exhumation.

They Might Dig Up Body of Bitcoin CEO to See If He’s Really Dead

By Victor Tangermann

PayPal left Facebook's cryptocurrency project last week. Visa, MasterCard, Stripe, and eBay have decided to abandon the crumbling project as well.

Facebook’s Cryptocurrency is Collapsing in Front of Our Eyes

By Victor Tangermann

China's central bank is set to launch a state-backed cryptocurrency and hand it out to several major institutions in the country, according to Forbes.

Report: China’s Central Bank is Ready to Launch Cryptocurrency

By Victor Tangermann

The government of Venezuela is urging people working abroad to send remittances back home through its new cryptocurrency payment platform.

Venezuela Is Seriously Pushing Its State-Run Cryptocurrency

By Dan Robitzski

Backers for Facebook's Libra cryptocurrency are reportedly considering pulling their support in the face of increased scrutiny and regulation.

Backers for Facebook’s Libra Cryptocurrency May Jump Ship

By Dan Robitzski

A new crypto platform called SpankPay wants to become the go-to payment service for porn and adult entertainment, circumventing more hostile financiers.

Science & Energy

Finally, Porn Is on the Blockchain

By Dan Robitzski

The Iranian government just gave its approval to crypto mining, but only if people get the right clearance and stay on top of their taxes.

Iran Says You Can Mine — but Not Spend — Crypto

By Dan Robitzski

The IRS announced that it's sending out 10,000 letters to warn taxpayers that they may owe back taxes for their cryptocurrency holdings.

The IRS Is Sending Warning Letters Over Cryptocurrency Back Taxes

By Dan Robitzski

Ex-beverage firm Long Island Iced Tea — now a blockchain company — is being investigated by the FBI for insider trading and securities fraud.

The FBI is Investigating Long Island Iced Tea’s Blockchain Pivot

By Victor Tangermann

Facebook is already inundated with scam posts for its yet-unreleased cryptocurrency, Libra. It's a bad sign for a company trying to earn public trust.

Facebook Is Having Trouble Fighting Scams About Its Own Altcoin

By Dan Robitzski

A leaked IRS training document reveals how the agency may begin subpoenaing tech companies to find people's undisclosed cryptocurrency wallets.

The IRS Is Coming for Your Secret Crypto Stash

By Dan Robitzski

Donald Trump tweeted his distaste for cryptocurrency on Thursday, calling the digital assets "not money" and "based on thin air."

Trump: Cryptocurrencies Are “Not Money,” “Based on Thin Air”

By Kristin Houser

The number of crypto ATMs worldwide passed the 5,000 mark this month, which begs the question, who the hell is actually using these things?

Who the Hell Is Using the World’s 5,000 Crypto ATMs?

By Kristin Houser

Facebook's pivot to blockchain and its new Libra cryptocurrency could sow the seeds of the company's destruction, argues fintech expert Marc-David Seidel.

Fintech Expert: Libra Could Be Facebook’s Downfall

By Dan Robitzski

A jaw-dropping report found that crypto exchange Quadriga CEO Geralt Cotten got away with $200 million worth of crypto before his death in December.

Crypto CEO Funneled Client Money Into Fake Accounts Before Death

By Victor Tangermann

Thanks to a popularity boost from Facebook's Libra cryptocurrency, the value of Bitcoin recently surged to over $11,000.

Facebook’s Libra Cryptocurrency Just Resuscitated Bitcoin

By Dan Robitzski

Facebook's cryptocurrency could give the company even more sway and influence — perhaps even turn them into a virtual nation according to Jennifer Grygiel.

Expert: Facebook Is Trying to Become an Independent Country

By Victor Tangermann

Shortly after Facebook annoucned Libra, its new cryptocurrency, U.S. Senator Sherrod Brown and European leaders called for strong regulations.

Senator Slams Facebook’s New Crypto: “Facebook Is Already Too Big”

By Dan Robitzski

With Near-Infinite Resources, Facebook Launches a Cryptocurrency

With Near-Infinite Resources, Facebook Launches a Cryptocurrency

By Victor Tangermann

New Law in India Would Imprison Anyone Who Uses Cryptocurrency

New Law in India Would Imprison Anyone Who Uses Cryptocurrency

By Dan Robitzski

Startup Flexa has released a new crypto app called SPEDN that allows users to pay for goods at several major retailers with cryptocurrency.

Bitcoin Payments Now Accepted by Whole Foods, Other Big Retailers

By Kristin Houser

Congressman Brad Sherman (D-CA) urged his colleagues help outlaw cryptocurrency and the purchase thereof by Americans "so we can nip this in the bud."

This Congressman Wants to Make All Cryptocurrency Illegal

By Victor Tangermann

The newest version of the Brave web browser lets users opt into a program that will pay them in cryptocurrency to watch ads.

Ad-Blocking Web Browser Will Now Pay You Crypto to Watch Ads

By Kristin Houser

A crypto thief that security experts are calling the "blockchain bandit" made off with millions of dollars' worth of Ethereum by guessing weak passwords.

Science & Energy

Crypto Thief Stole $54 Million by Guessing Weak Passwords

By Dan Robitzski

Infamous tech entrepreneur John McAfee says he's going unmask Bitcoin's creator, but the clues he's shared so far do little to narrow the field.

John McAfee Vows to Reveal Bitcoin’s Creator

By Kristin Houser

A mysterious group of individuals hid the keys to $1 million worth of bitcoin in a twisted game with no rules, CoinDesk reports.

Someone Hid $1 Million In Bitcoin and Left Clues to Find It

By Victor Tangermann

The agency tasked with guiding China's economic development has suggested the nation ban crypto mining — and the move could have global implications.

Chinese Authorities Want to Ban Crypto Mining

By Kristin Houser

North Korea's hacking division, APT 38, stole $1 billion from online banks and crypto exchanges in 2018. All that money is helping fund nuclear weapons.

North Korea Is Using Hackers to Steal Money for Nuclear Bombs

By Dan Robitzski

Konstantin Ignatov has been arrested for his role in OneCoin — a cryptocurrency the U.S. Department of Justice calls a "multibillion-dollar pyramid scheme."

Crypto Exec Arrested for “Multibillion-Dollar Pyramid Scheme”

By Kristin Houser

Home invaders tortured a crypto trader with an electric to force him to give up his cryptocurrency, according to a Dutch newspaper.

Robbers Tortured a Man With a Drill to Steal His Cryptocurrency

By Jon Christian

Tesla CEO Elon Musk shared his thoughts on Bitcoin and other cryptocurrencies during a podcast interview with ARK Invest.

Elon Musk: Bitcoin Is “Brilliant” And “Paper Money Is Going Away”

By Kristin Houser

QuadrigaCX has about two weeks left to its stay to raise the money it owes before anyone can sue, but a judge just appointed law firms to its customers.

Users of Crypto Site Where Dead CEO Lost $196M Are Preparing Suit

By Dan Robitzski

JP Morgan Chase is launching the first ever major U.S. bank approved cryptocurrency called "JPM Coin."

The First Major U.S. Bank Just Launched a Cryptocurrency

By Victor Tangermann

Despite a plummeting cryptocurrency market, many young South Koreans are still dreaming of getting rich.

Low-Income Koreans Got Rich on the Blockchain, Then Lost it All

By Victor Tangermann

Coindesk managed to retrieve hospital records, proving the death of QuandrigaCX CEO Gerald Cotten. But will that information be enough?

Indian Hospital Fires Back at Rumors That Crypto CEO Faked Death

By Victor Tangermann

Did Gerald Cotten fake his own death to abscond with $190 million in crypto? Here's our roundup of the latest news about the blockchain debacle.

Did a Crypto CEO Fake His Own Death? The Great Quadriga Conspiracy, Day 6

By Jon Christian

Now the drama is escalating, with some observers suggesting that QuadrigaCX CEO Gerald Cotten faked his own death to abscond with a pile of digital cash.

Did a Crypto CEO Fake His Own Death to Abscond With $190 Million?

By Victor Tangermann

The founder of a crypto exchange, QuadrigaCX recently died, and his widow claims that the company's Bitcoin reserves are now stuck in an encrypted wallet.

Crypto Site Loses $137 Million in Dead Founder’s Encrypted Wallet

By Dan Robitzski

According to a cryptocurrency security firm only two prominent hacker groups were responsible for stealing "around $1 billion" in cryptocurrency.

Two Hacker Groups Pilfered $1 Billion Worth of Cryptocurrency

By Victor Tangermann

Congress just introduced a bill calling for sanctions against Iran's efforts to develop its own digital currency.

The U.S. Challenges Iran’s Attempt to Develop a Cryptocurrency

By Victor Tangermann

Bloomberg reports that Facebook may be working on creating its own cryptocurrency in the form of a stablecoin for WhatsApp users.

Facebook is Reportedly Creating Its Own Cryptocurrency

By Victor Tangermann

This week, scammers have started emailing hoax bomb threats to schools and hospitals, demanding bitcoin payments in exchange for not setting off explosives.

Scammers Sent Hoax Bomb Threats Worldwide Demanding Bitcoin

By Victor Tangermann

Digital Currency Group's new branch, Metaverse Ventures, will invest exclusively in Decentraland startups that develop products for the VR blockchain world.

Virtual Reality

A New VC Fund Is Bankrolling Virtual Products in a Simulated World

By Dan Robitzski

The SEC filed charges against DJ Khaled and Floyd "Crypto" Mayweather for failing to disclose that they were paid to promote multiple ICOs.

The SEC Charged DJ Khaled and Floyd Mayweather With Crypto Fraud

By Dan Robitzski

Technology research group MERL Tech investigated the lofty claims of 43 blockchain startups. In a new report, the group claims none of them delivered.

Out of 43 Blockchain Startups, Zero Have Delivered Products

By Dan Robitzski