Early crypto investor Roger Ver, a.k.a. ‘Bitcoin Jesus,’ has been charged with a tax fraud, with the Department of Justice saying he evaded nearly $50 million in taxes. Read more…
Coinbase users’ accounts showed a “zero balance” on Wednesday afternoon. Coinbase confirmed the problem on its status page at 12:40 p.m. ET but claims customer cryptocurrency funds are safe. The cryptocurrency exchange blames the outage on increased tr…
Cryptocurrency cleaned up its act this week as spot Bitcoin ETFs made their Wall Street debut in January. The digital tokens are looking almost unrecognizable from what the industry represented just a few years ago, leading to the question, is Bitcoin …
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 that stole 850,000 Bitcoins from the platform. Victims are finally starting to get their money back on Tu…
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 Binance co-founder and CEO Chang…
Bitcoin wallets older than 2016 could have a vulnerability that puts over $1 billion worth of cryptocurrency at risk, according to a report in the Washington Post. Read more…
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 as trading volumes on Binance declined, according to a Bloomberg report …
Binance is once again fighting off regulators, claiming the Commodity Futures Trading Commission’s (CFTC) lawsuit is an overreach of U.S. law. The largest cryptocurrency exchange in the world says the agency is trying to regulate foreign individuals an…
Nothing says luxury like tapping into a digital trend that is past its best days. Italian car manufacturer Ferrari announced its intention to let the bourgeoisie purchase its luxury vehicles using cryptocurrency. Read more…
The same federal agency that once helped bring down the biggest crypto-based dark web drug marketplace Silk Road got swindled by one of the oldest tricks in the crypto scammer playbook. The U.S. Drug Enforcement Administration reportedly handed a fraud…
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