Alleged perpetrators used malware to send funds to their own bitcoin addresses.
As ‘finfluencers’ spread through social media, beware the pitfalls
YouTube, Instagram and TikTok are full of finance ‘experts’ promising riches to the young and credulousDepending on where you look on social media, making money seems to be straightforward. Learning how to buy a property in the UK with no money, or get…
Crypto world shows signs of being rather bullish
Bitcoin maximalists aren’t going to find much here that underscores their core thesis that every coin not mentioned in Satoshi’s whitepaper is, in fact, a scam. Save your tweets, please.
Regulating crypto is essential to ensuring its global legitimacy
We must eventually find a halfway point between those with valid concerns about the anonymity crypto assets provide and those who see regulation as prohibitively restrictive on crypto.
‘White hat’ hacker behind $610m crypto heist returns most of money
About $33m in frozen coins yet to be returned as still-unidentified hacker claims attack was carried out ‘for fun’ to ‘expose the vulnerability’ of platformHackers behind one of the biggest-ever digital coin heists have now returned nearly all of the $…
Hacker is returning $600M in crypto, claiming theft was just “for fun”
Hacker was holding onto the stolen funds to “keep it safe.”
Will central bank digital currencies dethrone the dollar?
Some say the greenback’s dominance of cross-border payments will be erodedThis week marks the 50th anniversary of “the weekend that changed the world”, when the US president Richard Nixon suspended the dollar’s convertibility into gold at a fixed price…
Crypto community slams ‘disastrous’ new amendment to Biden’s big infrastructure bill
Biden’s major bipartisan infrastructure plan struck a rare chord of cooperation between Republicans and Democrats, but changes it proposes to cryptocurrency regulation are tripping up the bill. The administration intends to pay for $28 billion of its planned infrastructure spending by tightening tax compliance within the historically under-regulated arena of digital currency. That’s why cryptocurrency […]
Cent, the platform that Jack Dorsey used to sell his first tweet as an NFT, raises $3M
Cent was founded in 2017 as an ad-free creator network that allows users to offer each other crypto rewards for good posts and comments — it’s like gifting awards on Reddit, but with Ethereum. But in late 2020, Cent’s small, San Fransisco-based team created Valuables, an NFT market for tweets, and by March, the small […]
The next generation of global payments: Afterpay + Square
Sunday was a big day in fintech: Afterpay has agreed to merge with Square. This agreement sets two of the most admired financial technology companies in recent history on a path to becoming one.