Tags: Cryptocurrency

SEC Sues Defunct Crypto Bank Silvergate Over Alleged Bank Secrecy Act Violations

Crypto Groups Spend $120M to Sway 2024 US Elections, Outpacing Big Oil Companies

The crypto industry has spent nearly $120 million in the 2024 election cycle to influence US politics and push for favorable regulations.


Trump Vows to Make US a Crypto Leader During Bitcoin Conference

Donald Trump pledged to make the U.S. a leader in digital currencies after gaining high-profile crypto endorsements while promising to replace the SEC chair if elected.

Telegram Reaches 950 Million Users, Plans to Launch App Store on the Works

The messaging app Telegram has reached 950 million active users and is expected to have a billion by the end of this year.

Crypto Scammers Steal Former Texas Businessman's Nearly $300,000 Retirement Savings

A former Texas businessman has fallen victim to a crypto scam, losing nearly $300,000 of his retirement savings.


Latest News

Bitcoin Dips to 2-Month Low Amid US Presidential Election Uncertainty
Bitcoin dropped to its lowest level in two months on Thursday. Bitcoin dropped to its lowest level in two months on Thursday. According to Reuters, the cryptocurrency's value fell over 2% to $57,843, marking its lowest point since May 2 and losing over 6% this week alone.
Russia's Central Bank Encourages Businesses to Use Crypto to Evade Sanctions
Russia's central bank has advised businesses to explore alternative solutions, including cryptocurrencies and other digital assets, to facilitate payments with foreign partners.
Silvergate Bank to Pay $63 Million to Settle State and Federal Probes After FTX Collapse
Silvergate Bank agreed to pay $63 million to settle state and federal investigations following the collapse of crypto exchange FTX.
IRS Finalizes Reporting Rules for Cryptocurrency Tax Guidelines
The US Department of the Treasury and the IRS have finalized regulations requiring brokers of cryptocurrency assets to report gross proceeds from sales starting in 2026.
Elon Musk Deepfake Promotes Crypto Scam on YouTube
A recent YouTube Live broadcast used a deepfake of Elon Musk to promote a crypto scam. A recent YouTube Live broadcast used a deepfake of Elon Musk to promote a crypto scam.
Barron Trump and Martin Shkreli Allegedly Behind DJT TrumpCoin, Value Surges 385%
Martin Shkreli claims he advised Donald and Barron Trump on creating the DJT crypto token, which has surged in value to over $150 million amid speculation about the Trump family's involvement.
Rapper Iggy Azalea Enters the Crypto World With Her $MOTHER Meme Coin
Rapper Iggy Azalea is venturing into the cryptocurrency world with the launch of her meme coin, Mother Iggy or $MOTHER.
Donald Trump Urges All Bitcoin Mining to Stay in US, Targets Biden in Latest Crypto Push
Donald Trump reaffirms support for cryptocurrency, advocating for US-based Bitcoin mining, sparking debate amid differing views from the Biden administration.
Robinhood Acquires Crypto Platform Bitstamp for $200 Million
It is understood that Robinhood is planning to acquire London-based cryptocurrency exchange Bitstamp with a value of $200 million in cash in a move to expedite its global cryptocurrency expansion.
Chinese Nationals Accused of $73 Million Pig Butchering Crypto Scam Gets Arrested—DOJ Shares Details
Electrical engineer and hacker Joe Grand uploaded a YouTube video detailing how he was able to help a person who had 43.6 BTC in his wallet but got stuck there since 2013 due to a password generator bug.
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