Omar Marques | Lightrocket | Getty Images Ether on Tuesday continued its march higher as the price of bitcoin took a breath. The second-largest cryptocurrency was last higher by 2.5% at $65,868, according to Coin Metrics. Earlier it rose to as high as $3,828.81, a January 2022 high. Bitcoin retreated about 3% after it hit … Read more
Jaap Arriens | NurPhoto | Getty Images Bitcoin has reached a new all-time high for the first time in more than two years, as this year’s rally — fueled by excitement over bitcoin ETFs and the upcoming halving event — accelerated. The price of the cryptocurrency topped $69,210 on Tuesday morning, according to Coin Metrics, … Read more
The Binance logo is displayed on a screen in San Anselmo, California, June 6, 2023. Justin Sullivan | Getty Images Binance on Tuesday announced that it will discontinue all Nigerian naira services, amid an ongoing legal dispute between the U.S. cryptocurrency firm remains and Africa’s most populous country. In an update posted on its website, … Read more
Shannonstent | E+ | Getty Images As the IRS bolsters its cryptocurrency expertise, tax professionals are bracing for increased scrutiny of digital currency. Digital assets are one of the agency’s “priority areas,” according to a press release sent last week. The IRS announced it hired two former crypto executives to beef up its digital currency … Read more
Jaap Arriens | NurPhoto | Getty Images The price of bitcoin rose to start the week, edging even closer to its all-time high after the rally took a breather over the weekend. The flagship cryptocurrency was last higher by 5% at $66,096.00, according to Coin Metrics. Earlier, it rose to as much as $66,176.00, its … Read more
The internet is filled with scam artists who try to swindle unsuspecting people out of their money. But impersonation scams that use Elon Musk and his bevy of tech companies—including Tesla, SpaceX, Neuralink, and X—have exploded in popularity in recent years. And Gizmodo obtained reports about many of these scams filed with the federal government … Read more
Andrea Gacki, director of the Office of Foreign Assets Control (OFAC) of the U.S. Department of the Treasury, appears onscreen during the Chainalysis Links conference in New York, US, on Thursday, May 19, 2022. Bloomberg | Bloomberg | Getty Images Sanctioned entities, like those linked to North Korean hacking groups and U.S.-designated terrorist organizations such … Read more
Jonathan Raa | Nurphoto | Getty Images Crypto prices rose on Thursday as bitcoin and ether headed for a winning month. Bitcoin was last higher by more than 4% at $62,901.93 on the final day of February, according to Coin Metrics. On Wednesday it surged to $64,000 at one point, before a wave of long … Read more
SINGAPORE – Bitcoin headed for its biggest monthly gain in more than three years on Thursday and is within range of a record high as cash rushing to listed bitcoin funds propels a strong rally. The largest cryptocurrency by market capitalisation was firm in Asia morning trade at $62,000, having changed hands at as high … Read more
Sam Bankman-Fried, co-founder of FTX Cryptocurrency Derivatives Exchange, arrives at court in New York, US, on Thursday, Feb. 16, 2023. Stephanie Keith | Bloomberg | Getty Images Lawyers for Sam Bankman-Fried are asking a judge for a relatively short sentence like “junk bond king” Michael Milken instead of the 100 years that a presentence investigation … Read more
