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Business

New York couple pleads guilty to the $4.5B Bitfinex hack
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8 August, 2023

New York couple pleads guilty to the $4.5B Bitfinex hack

Ilya Lichtenstein faces a maximum of 20 years behind bars for conspiracy to commit money laundering, while his wife faces...
HEX is dead—will it go down as the largest Ponzi scheme in digital currency history?
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8 August, 2023

HEX is dead—will it go down as the largest Ponzi scheme in digital currency history?

Richard Heart is getting a taste of justice as he faces charges tied to alleged sham offerings—actions that have been...
AI investment to hit $200B by 2025, with US the runaway leader: Goldman Sachs
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8 August, 2023

AI investment to hit $200B by 2025, with US the runaway leader: Goldman Sachs

In its report, Goldman Sachs says AI could have a bigger impact on U.S. economy than electricity and PCs, but...
IRS: Staking rewards are taxable income
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8 August, 2023

IRS: Staking rewards are taxable income

Once an investor has dominion and control over the staking rewards, they become taxable income, says the IRS in latest...
Coinbase asks judge to dismiss its SEC lawsuit
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8 August, 2023

Coinbase asks judge to dismiss its SEC lawsuit

Coinbase's Aug. 4 motion with the U.S. District Court for the Southern District of New York argued that the subject...
Huobi, Tron reject China arrest rumors as stablecoin wars heat up
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8 August, 2023

Huobi, Tron reject China arrest rumors as stablecoin wars heat up

Following the weekend news, Justin Sun tweeted to reassure Tron and Huobi customers that he remained a free man, while...
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