The cryptocurrency markets saw a significant crash on Wednesday (Eastern local time), with just short of $13 billion in value wiped out over the course of just three hours, CNBC reported.
Google, which banned cryptocurrency advertisements from its platform earlier this year, will be partially rolling back that policy as of October.
Earlier this year, the New York Times profiled the class of noveau riche Bitcoin millionaires who had gotten “hilariously rich” on booming cryptocurrency investments. Now that the market is flatlining (it’s now fluctuating in the low-to-mid $6,000s), another New York Times profile is shedding light on how much…
Great news for anyone doing crimes with bitcoin.
Cryptocurrency investor Michael Terpin is understandably upset that he lost a combined $24 million in two different hacks of his phone over the course of seven months. Terpin alleges that the hacks were only possible because the hackers had an inside person at AT&T who provided access to Terpin’s account. And he’s…
Last month, a sunken Russian warship believed to have been carrying billions of dollars worth of gold was “discovered” by a South Korean company that immediately started making claims of how it was going to distribute its found treasure. Now, police are investigating leaders of the company and have reason to believe…
Starbucks wants to be crystal clear: Despite recent stories about their involvement in some sort of blockchain project, they are not going to be accepting bitcoin as a form of payment for coffee.
Remember “Long Blockchain,” or rather, the company formerly known as Long Island Iced Tea Corp. that saw its stock skyrocket after it changed its name to refer to the foundational technology behind the cryptocurrency boom and made a vague pivot to “globally scalable blockchain technology solutions”? Turns out that…
A recent review by UK cybersecurity firm Sophos in partnership with cryptocurrency firm Neutrino has concluded that the crew—or possibly one extremely proficient black hat hacker—behind the SamSam ransomware attacks have rolled in at least $5.9 million in ransom payments, according to BleepingComputer.
Chinese authorities have busted what they said was one of the world’s largest online betting operations involving cryptocurrency, with over $1.5 billion in illicit bets allegedly on the line.
Axiom Zen’s CryptoKitties, which is essentially a digital version of Beanie Babies based on the Ethereum blockchain, sucked in a massive amount of funding just a few months ago. But it looks an awful lot like people bought into CryptoKitties looking for a quick return on their investment and are finding that digital…
Steven Seagal and DJ Khaled have taught us that if a celebrity endorses a cryptocurrency project, you should immediately assume it might be a scam. But William Shatner seems to be backing a pretty interesting crypto-mining initiative.
Steve Bannon has been keeping a relatively low profile since he was excommunicated from the warm glow of Donald Trump’s love. But that doesn’t mean he hasn’t been busy. He’s reportedly been working to make cryptocurrencies great again and is even considering launching his own token: The “Deplorables Coin.”
Bitcoin now hovers around $6,300, but not long ago it had spiked to nearly $20,000 per coin. Skeptics have wondered how such a rise was even possible, and a paper authored at the University of Texas suggests a fairly reasonable answer: price manipulation!
Ex-basketball star Dennis Rodman, who until Monday’s in-person negotiations between President Donald Trump and North Korean strongman Kim Jong Un could accurately claim himself to be one of the few people friends with both, crashed the closed-door event today in Singapore. He did so wearing a shirt advertising a…
With the price of Bitcoin approaching a 6-month low, there’s been a lot of uncertainty about the whole cryptocoin movement, and it seems Apple is dealing cryptocurrencies another blow by banning mining apps from the iOS App Store.
It’s hard out there for people who play with imaginary money. Bitcoin and other cryptocurrencies plunged over the weekend after it was revealed that a South Korean exchange, Coinrail, was hacked. Roughly $42 billion of market value was destroyed in the sell-off, and Bitcoin has lost over 50 percent of its worth since…
A Sherpa man who helped lead a team up Mount Everest as a part of an ASKfm cryptocurrency publicity stunt is presumed dead.
The U.S. Justice Department has opened a criminal investigation into the manipulation of popular cryptocurrencies like Bitcoin and Ethereum. It’s believed that some traders are manipulating the price of cryptocurrencies through illegal tactics like issuing fake orders, causing the price to go up and down at will.
It takes a lot of electricity to mine bitcoins, and as more miners try to cash in on the crypto craze, the amount of energy required to win new coins increases accordingly. New research suggests the entire bitcoin network could consume as much as 7.7 gigawatts of electricity by the end of this year—enough to power a…
