Cryptocurrencies fall on day 1 of ether ETFs as Mt. Gox moves more bitcoin to creditors

Cryptocurrencies fall on day 1 of ether ETFs as Mt. Gox moves more bitcoin to creditors

People walk past a neon sign advertising a Bitcoin and Ethereum crypto currency exchange in Warsaw, Poland on 19 May, 2024.  Jaap Arriens | Nurphoto | Getty Images Bitcoin led the crypto market lower on Tuesday – the first trading day for ether ETFs – as Mt. Gox transferred more bitcoin to creditors and investors … Read more

Trump Bitcoin Conference fundraiser tickets top out at $844,600 for Nashville soiree

Trump Bitcoin Conference fundraiser tickets top out at 4,600 for Nashville soiree

Former U.S. President and Republican presidential candidate Donald Trump attends a campaign event in Philadelphia, Pennsylvania, U.S., June 22, 2024.  Shannon Stapleton | Reuters Former President Donald Trump will headline a campaign fundraiser in Nashville on the sidelines of the Bitcoin Conference, where the top ticket is going for $844,600 per person. According to an … Read more

Texas miners leave crypto for next new wave

Texas miners leave crypto for next new wave

Cattle graze at the Buffalo Gap Wind Power project in Taylor and Nolan counties just south of Abilene, Texas. Robert Daemmrich | Corbis | Getty Images Just off of Interstate 20, in the heart of West Texas, is a town of 125,000 people called Abilene. Once a stopping point along a cross-country cattle trail in … Read more

Ethereum co-founder warns against voting only on ‘pro-crypto’

Ethereum co-founder warns against voting only on ‘pro-crypto’

Ethereum co-creator Vitalik Buterin on Wednesday cautioned against voting for political candidates based solely on whether they have adopted a “pro-crypto” stance. “The game of politics is much more complicated than just ‘who wins the next election’, and there are a lot of levers that your words and actions affect,” Buterin wrote in a blog … Read more

Labour’s gains in London have private equity looking to exit country

Labour’s gains in London have private equity looking to exit country

A view of the Palace of Westminster with Big Ben a day before General Election, in London on July 3, 2024. Nurphoto | Nurphoto | Getty Images LONDON — With the British parliament back from recess, the UK’s Labour Party will start working to push through aggressive changes, including controversial proposals that would force the … Read more

A Tiny Texas Village Is About To Annex a Gigantic Bitcoin Mine

A Tiny Texas Village Is About To Annex a Gigantic Bitcoin Mine

In Oak Valley, a sleepy village in rural Navarro County, Texas, there is very little of anything. A potholed road runs through its two square miles of sun-beaten grassland, past a modest prefab community center and a “poor excuse for a park,” as the local mayor describes it. Only around 400 people live in Oak … Read more

Craig Wright Faces Perjury Investigation Over Claims He Created Bitcoin

Craig Wright Faces Perjury Investigation Over Claims He Created Bitcoin

A judge in the UK High Court has directed prosecutors to consider bringing criminal charges against computer scientist Craig Wright, after ruling that he lied “extensively and repeatedly” and committed forgery “on a grand scale” in service of his quest to prove he is Satoshi Nakamoto, creator of bitcoin. In a judgment published Tuesday, Justice … Read more

Crypto is increasingly being used for money laundering, Chainalysis says

Crypto is increasingly being used for money laundering, Chainalysis says

In this photo illustration, a visual representation of the digital Cryptocurrency, Bitcoin is on display in Paris, France, on March 5, 2024. Chesnot | Getty Images News | Getty Images Money launderers are increasingly using cryptocurrencies to conceal the origins and movement of illegally-obtained funds, according to a report by Chainalysis. The report, which studied … Read more

CDK Dealer Outage Ends With A Ransom Worth Millions Of Dollars

CDK Dealer Outage Ends With A Ransom Worth Millions Of Dollars

Image: Scott Olson (Getty Images) The cyberattack targeting the company that handles the financial transaction side of car buying for some 15,000 car dealers in the U.S. finally ended thanks, almost certainly to a paid ransom. Tesla, Just Like You, Lost a Ton of Money on Bitcoin in 2022 According to sources who spoke with … Read more

Crypto stocks like Coinbase and Microstrategy soar as bitcoin rallies

Crypto stocks like Coinbase and Microstrategy soar as bitcoin rallies

SAN ANSELMO, CALIFORNIA – JUNE 06: In this photo illustration, the Coinbase logo is displayed on a screen on June 06, 2023 in San Anselmo, California. The Securities And Exchange Commission has filed a lawsuit against cryptocurrency exchange Coinbase for allegedly violating securities laws by acting as an exchange, a broker and a clearing agency … Read more