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Bitcoin
Canada Detains Teen for Alleged $36 Million Cryptocurrency Theft
A teenager has been arrested in Canada after committing what law enforcement officials in Ontario have described as the largest crypto theft by a single person. The Canadian is accused of stealing tens of millions of dollars through a SIM…
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US Sentences Man to 3 Years in Prison for Operating Unlicensed Bitcoin Exchange Business
A California man has been sentenced to three years in federal prison “for operating an unlicensed business that exchanged at least $13 million in bitcoin and cash, often for drug traffickers,” the U.S. Department of Justice…
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Institutional Buys Will Put Bitcoin At $500,000 In Five Years, Cathie Wood
Cathie Wood is no longer a hardly recognizable name in the bitcoin space. The CEO of ARK Invest has become one of the most prominent proponents of the digital asset. Wood had pitched her tent with bitcoin a long time ago and has not…
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Opposed to Bitcoin Payments, Bank of Russia Says State Should Not Stimulate Spread of…
Cryptocurrencies are anonymous and the government shouldn’t encourage their spread, the head of Bank of Russia has insisted. The regulator remains firmly opposed to the legalization of bitcoin and the like as a means of payment in…
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‘Inflation in the News Driven by Rich People’ — Media Pundits Claim ‘Inflation Is Good’ as Americans…
Inflation in the U.S. has a large number of Americans worried about the future of their purchasing power as the cost of goods and services has continued to rise faster every month. Reports note that Americans are struggling to pay for child…
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10 Congress Members Ask Nancy Pelosi to Help Revise Crypto Provision in Infrastructure Law
Ten members of the U.S. House of Representatives have called on House Speaker Nancy Pelosi to address the problem with the crypto provision in the infrastructure law. They explained that the current definition of a broker in the law…
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ZEC price jumps 20% in one day as Zcash devs unveil transition to Proof-of-Stake
The massive upside move comes as a part of a rebound that started Friday after Electric Coin Company discussed the prospects of moving Zcash to proof-of-stake.
Zcash (ZEC) surged by nearly 20% in the past 24 hours, helped by the euphoria…
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While BTC’s Hashrate Climbs Higher, Bitcoin’s Mining Difficulty Nears All-Time High
During the last 90 days, Bitcoin’s hashrate has been climbing higher and has been slowly nearing the all-time high (ATH) the network captured six months ago in May. The accelerated hashrate has caused the network difficulty to rise,…
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Digital Ruble Poses Risks to Financial Sector and Security, Russian Lawmakers Warn
Russian parliamentarians have cautioned against risks associated with the introduction of a digital ruble. Among them are the likely increase of competition pressure on banks and new challenges that may arise in the field of information…
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Gemini Raises $400 Million in Growth Equity Funding Round; Metaverse Clash Incoming
Gemini, the regulated cryptocurrency exchange founded by the Winklevoss Twins, has raised $400 million in its most recent growth equity funding round. This financial round gave it a valuation of $7.1 billion, being one of the most valuable…
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