Cryptocurrency
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Ubisoft stealth released an NFT game absolutely no one needs
Ubisoft launched its new NFT game Champions Tactics for PCs.
Danny Gallagher10.30.2024
FTX advisor and Alameda CEO Caroline Ellison gets two years in prison
The former advisor and ex-girlfriend of Sam Bankman-Fried testified against the FTX co-founder before receiving her sentence.
Danny Gallagher09.24.2024
Trump jumps into cryptocurrency, appears to know nothing about it
Donald Trump, who previously called Bitcoin a scam, has launched a new cryptocurrency venture called World Liberty Financial.
Steve Dent09.17.2024
US Treasury finalizes crypto rules to prevent tax evasion
The new rule will require cryptocurrency platforms like exchanges and payment processors to report their users' transactions to the Internal Revenue Service.
Mariella Moon06.29.2024
Someone apparently hacked 50 Cent’s accounts to peddle a memecoin and made off with millions
Scammers used 50 Cent’s X account and website, Thisis50, to push $GUNIT on Friday, the rapper said in an Instagram post.
Cheyenne MacDonald06.22.2024
FTX plans to refund defrauded customers with interest
FTX plans to repay most of its creditors in full and with interest as it attempts to escape bankruptcy.
Kris Holt05.08.2024
Winklevoss-owned crypto firm hit by lawsuit alleging it defrauded investors of $1 billion
Gemini, a cryptocurrency exchange helmed by the infamous Winklevoss twins, just got hit with a lawsuit alleging that it defrauded investors. The suit was brought forth by New York Attorney General Letitia James, the same AG currently prosecuting former president Donald Trump.
Lawrence Bonk10.19.2023
Dropbox ditches unlimited storage in its Advanced plan because of crypto goons
Dropbox is killing off unlimited storage in its business-focused Advanced plan following a surge in shady activity. It wrote in a blog post that as other services made similar changes to limit storage capacity, it has seen an increase in people using Advanced plans "not to run a business or organization, but instead for purposes like crypto and Chia mining, unrelated individuals pooling storage for personal use cases or even instances of reselling storage."
Kris Holt08.24.2023
DOJ charges Tornado Cash co-founders for laundering over $1 billion in crypto
A North Korean cybercrime organization allegedly funneled $455 million through the crypto mixer.
Sarah Fielding08.24.2023
PayPal introduces its own stablecoin that's pegged to the US dollar
Almost three years after PayPal started supporting cryptocurrency for all US accounts, the fintech company has launched its own stablecoin that's pegged on the US collar.
Mariella Moon08.08.2023
Coinbase wants its SEC lawsuit dismissed, arguing it doesn't deal in securities
Coinbase has filed a motion to dismiss a Securities and Exchange Commission lawsuit. It argues that cryptocurrencies that are sold on its platform are more like commodities like baseball cards than securities, and that the SEC doesn't have any authority over its operations.
Kris Holt08.04.2023
GameStop’s NFT wallet will shut down in November
GameStop is pulling the plug on its crypto locker after only a year. An alert posted this week to the company’s website (via Game Developer) says GameStop Wallet will be no more after November 1st. The retailer says its decision was “due to the regulatory uncertainty of the crypto space.”
Will Shanklin08.04.2023
Bitfinex hackers who stole billions in cryptocurrency plead guilty
Ilya Lichtenstein and Heather Morgan, the couple who were arrested last year for the massive 2016 Bitfinex hack involving billions of dollars of cryptocurrency, have pleaded guilty in court.
Mariella Moon08.04.2023
Binance reaches deal with SEC to avoid US asset freeze
The SEC and Binance have reached an agreement that will allow the cryptocurrency exchange to continue operating in the US until a lawsuit filed by the regulator earlier this month is resolved.
Igor Bonifacic06.17.2023
SEC sues Coinbase over alleged violations of securities laws
The SEC has taken aim at another major cryptocurrency company. It has accused Coinbase of violating securities laws.
Kris Holt06.06.2023
Binance reportedly mixed customer funds with company revenue at a US bank
Cryptocurrency exchange Binance reportedly mixed its revenue with customer funds at a US bank in 2020 and 2021. Under US financial regulations, customer money must be kept separate from corporate funds.
Kris Holt05.23.2023
Hitting the Books: The abrupt and ignoble downfall of Sam Bankman-Fried
In SBF: How the FTX Bankruptcy Unwound Crypto’s Very Bad Good Guy, veteran crypto reporter Brady Dale provides a scintillating and clarifying narrative of the entire FTX/Alameda Ventures saga.
Andrew Tarantola05.14.2023
Binance leaves Canada due to stricter crypto rules
Canadians will no longer have access to the largest cryptocurrency exchange in the world.
Mariella Moon05.13.2023
Bank of Canada asks for public feedback about a national digital currency
The Bank of Canada wants the public’s opinions on a potential digital Canadian dollar. Although the country’s central bank says a national digital currency isn’t yet needed, it wants to remain flexible and ready if that ever changes.
Will Shanklin05.08.2023
Crypto giant Binance is reportedly facing US probe for violating Russian sanctions
According to Bloomberg, the agency is looking into whether the cryptocurrency exchange allowed Russian customers to move money as a way to go around US sanctions on the country's financial institutions.
Mariella Moon05.06.2023