Wait, Is Bitcoin Going to Die?
The price of Bitcoin crashed nearly 10% on Wednesday, falling from $45,000 to below $41,000 in mere hours, hurting crypto’s best bull run in a year. But what, or who,…
Mt. Gox Victims Report ‘Double Repayments’ From 2014 Bitcoin Hack
Photo: Kiyoshi Ota/Bloomberg (Getty Images) Well, that’s one way to see your investment pay off. In 2014, the largest cryptocurrency exchange in the world, Mt. Gox, suffered a notorious hack…
Binance CEO Pleads Guilty to Money Laundering Violations, Will Step Down
Binance founder Changpeng Zhao (CZ) will step down from his CEO duties and plead guilty to criminal charges, paying a $50 million fine, according to court documents made public Tuesday.…
Binance May Sacrifice $4 Billion to Settle DOJ Case
The US Justice Department seeks $4 billion from Binance to end a years-long investigation into the world’s largest cryptocurrency exchange, according to Bloomberg. Negotiations are reportedly underway that could subject…
Millions of Old Bitcoin Wallets Have Critical Security Flaws, Experts Say
Photo: Lukas Gojda / Shutterstock.com (Shutterstock) Bitcoin wallets older than 2016 could have a vulnerability that puts over $1 billion worth of cryptocurrency at risk, according to a report in…
Sam Bankman-Fried Found Guilty in Crypto Trial
Sam Bankman-Fried is guilty on all seven federal charges in his criminal trial for defrauding customers of his crypto exchange out of billions of dollars with his crypto empire, jurors…
Crypto Exchanges, Not Just FTX, Are All a Mess Right Now
Photo: Benjamin Girette (Getty Images) The founders of cryptocurrency exchanges face a mountain of regulatory challenges and billions in personal losses. Binance CEO Changpeng Zhao personally lost $12 billion this year…
SBF Finally Testifies in Court With No Jurors Present
FTX founder Sam Bankman-Fried testified in his fraud trial Thursday with no jury present. In his testimony, he acknowledged that Alameda was being used as a payment processor for FTX,…
FTX Reportedly Has 3 Bidders Vying to Restart Its Crypto Exchange
Photo: mundissima (Shutterstock) FTX Trading is examining restarting the crypto exchange with three bidders, according to a Bloomberg report Tuesday. This comes nearly one year after the company filed for…
These Brands Are Still Going Down With NFT’s Sinking Ship
There’s been a lot of talk recently about NFTs, mainly that the vast majority of them are now damn near worthless. Advertisement Or at least, that’s what the detractors are…