Americans Lost Billions Last Year on Crypto Scams
AP Americans were duped out of more than $5.6 billion last year through fraud schemes involving cryptocurrency, the FBI said in a report released Monday that shows a 45% jump in losses [Read More]
Bitcoin
Fidelity Adds Bitcoin to 401(k) Options
Techcrunch Fidelity, the largest retirement plan provider in the United States, announced plans to offer bitcoin in 401(k) retirement accounts to its account holders later this year. The company is set to [Read More]
Wannabe Rapper and Husband Charged with Laundering $4.5 Billion in Stolen Bitcoin
Forbes A rapper, an economist, a journalist, a writer, a CEO. Those are just some of the credentials Heather Morgan—aka Razzlekhan, the self-claimed “infamous Crocodile of Wall Street”—lists off in [Read More]
Who Needs “Greenbacks” When You Can Have “Goldbacks?”
Epoch Times For thousands of years, anyone who wanted to buy goods with gold faced “the small coin problem,” [Goldback president Jeremy] Cordon told The Epoch Times. A 1-ounce gold [Read More]
El Salvador’s Adaption Of Bitcoin Stumbles On Sell Off Of The Crypto Currency
ABC El Salvador became the first country to adopt Bitcoin as legal tender Tuesday, but the rollout stumbled in its first hours and President Nayib Bukele said the digital wallet used for [Read More]
DOJ Grabs $2.3 Million In Bitcoin From Colonial Pipe Line Cyber Criminals
justice.gov The Department of Justice today announced that it has seized 63.7 bitcoins currently valued at approximately $2.3 million. These funds allegedly represent the proceeds of a May 8, ransom [Read More]
India Putting Legislation Together to Criminalize Bitcoin
Reuters India will propose a law banning cryptocurrencies, fining anyone trading in the country or even holding such digital assets, a senior government official told Reuters in a potential blow [Read More]
Follow Up: Controversial Canadian Bitcoin Exchange A Scam?
Since the death of co-founder Gerald Cotton last December, Bitcoin exchange QaudrigaCX fell under close scrutiny by both the public and Canadian tax authorities. Originally the founder’s widow, Jennifer Robinson [Read More]
Canadian Bitcoin Exchange Doesn’t Have The Combination to The $190 Million Vault
Gerald Cotten, 30-year-old CEO of Canadian Bitcoin Exchange Quadriga, died unexpectedly in December from complications of Crohn’s Disease while on a trip to India to found orphanages. Cotten had stored the [Read More]
Has The Bitcoin Bubble Finally Burst?
It’s been a bad year for cryptocurrencies. Observers are beginning to compare the collapse in value to the dotcom bust of the early 2000s. While Bitcoin has collapsed, it at [Read More]