Maryland firms charged in $28M scam targeting African immigrants
Three Maryland-based firms and their operators are facing fraud charges after allegedly scamming $28 million from over 1,000 investors.
Latest Business News
Craig Wright provides an abstract look at blockchains
In his latest blog post, Dr. Craig Wright takes an abstract look at Bitcoin through parallels that can be found via the artwork of Jan van Eyck.
Here’s why Bitcoin is automatically FCA compliant
The FCA’s proposal will require digital currency service providers to make significant operational changes so that they can be compliant.
China’s 2nd largest bank briefly launches CBDC wallet—then disables it
The China Construction Bank briefly rolled out the feature over the weekend, allowing users of its mobile app to access the digital yuan.
North Korea’s BeagleBoyz hackers tied to digital currency exchange hacks
BeagleBoyz has reportedly resumed its activities in February 2020, targeting international money transfers and ATM cashouts.
Russia watchdog blocks digital currency websites in fresh crackdown
BestChange.ru, an aggregator of Russian over-the-counter (OTC) platform providers, was the first to reveal the new ban.
CoinMarketCap key executives step down amid Binance acquisition
Five of CoinMarketCap’s top employees have reportedly left the company, and are expected to be replaced by Binance selected staff.
US seeks control of 280 BTC wallets linked to North Korean hackers
Federal authorities have filed a lawsuit as it seeks control of 280 digital currency wallets it claims were used by North Korean hackers.
Theory of Bitcoin Part 10: The end and a new beginning
With its tenth and final episode, the educational "Theory of Bitcoin" video discussion series concludes... sort of.
Pressure mounts on advanced economies as race to digital currency heats up
Competition among global central banks is heating up, as pressure mounts to develop and launch central bank digital currencies.
JPMorgan offloads unprofitable Quorum network
The acquisition has raised many eyebrows from observers, as they wonder why JPMorgan would sell their database network.
Fidelity reveals plans for Bitcoin investment fund in SEC filing
Fidelity head of strategy and planning Peter Jubber is the CEO and director of the Bitcoin fund, called Wise Origin Bitcoin Index Fund.
US lawmakers want more info on massive terrorism-linked digital currency bust
Two Democrats have asked the White House to provide further details on a recent significant seizure of digital currencies.
Libra replaces general counsel with ex-Homeland Security chief
Stevan E. Bunnell, former general counsel for the U.S. Department of Homeland Security, has taken up post as Facebook Libra’s chief legal officer.
Venezuelan gov’t blocks digital currency health bonus payments
Over 60,000 healthcare workers may miss out on bonus payments after the Venezuela government blocked access to a local digital currency exchange.
Lawsuit welcomes Roger Ver in Antigua and Barbuda
Representatives of Dr. Craig Wright have filed a defamation claim against Roger Ver, who has acquired Antiguan citizenship via Citizenship by Investment Program.
UAE exchange Emirex rolls out support for Bitcoin SV
Emirex plans to launch the BSV/AED trading pair at a later date, becoming the first platform to offer a BSV trading pair in the local dirham.
TAAL reports YoY revenue growth in 1H2020
TAAL’s gain is brought by new revenue sources online this year, and more than compensated for its termination of hashing services in May 2020.
The CoinGeek Pulse: Episode 10
The International Monetary Fund has been discussing digital money this week, dubbing it “special currency.”
IRS sends new batch of ‘crypto letters’ to taxpayers
There are three types of letters, each indicative of the degree to which the IRS thinks individuals are underreporting digital currency transactions.