Blockchain
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New York Considers 3-Year Ban on Bitcoin Mining Due to Energy Concerns
New York lawmakers have submitted a bill banning cryptocurrency mining operations for three years.Introduced on Monday, bill S6486 seeks to put a moratorium on the operation of cryptocurrency mining c
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Tesla Ends Bitcoin Vehicle Payments Amid Environmental Concerns
Elon Musk caused the price of Bitcoin to fall last night after announcing that Tesla has suspended vehicle purchases using Bitcoin due to the huge amount of energy required to power the cryptocurrency
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Binance Under Federal Investigation: Money Laundering & Tax Violations
Binance, the world’s largest cryptocurrency exchange, is under IRS and US Department of Justice (DOJ) investigation, following allegations of money laundering and tax violations, according to reports.
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Bitcoin Price Plummets to 3-Month Low Amid Market Volatility
Bitcoin has fallen to a three-month low following a promising surge in value that created a number of opportunities for its investors.Dropping more than 9% on Monday to just under £30,000, the cryptoc
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FTC: Cryptocurrency Fraud Soars – A Warning for Investors
Cryptocurrency scams have escalated dramatically in the last six months, according to a Federal Trade Commission (FTC) report. The FTC's Cryptocurrency Spotlight report, published Monday, warned
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DarkSide Ransomware: $90M in Bitcoin Extorted from 47 Victims
The DarkSide ransomware group, which is thought to be behind the attacks on the Colonial pipeline, has made around $90 million in Bitcoin from 47 victims.According to cyber security firm Elliptic
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US Treasury Eyes Stricter IRS Regulations for Cryptocurrency Transactions
The US Treasury is considering fresh measures to clamp down on the anonymity of cryptocurrencies by requiring businesses to treat virtual transactions as they do fiat currencies like the US dollar.As
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Altcoins Explained: Understanding Cryptocurrencies Beyond Bitcoin
Bitcoin has been top of the pile when it comes to cryptocurrency. Over a decade after its launch, just one Bitcoin is worth over $40,000 at the time of writing. But there's more to cryptocurrency
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China Intensifies Crackdown on Bitcoin Mining and Cryptocurrency Trading
China has signalled a deeper push against cryptocurrencies after its crackdown last week, this time targeting the process of cryptocurrency mining as well as exchange platforms. The country’s State Co
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HSBC CEO Noel Quinn: Why We Won't Offer Bitcoin to Clients - Cryptocurrency Concerns
HSBC will not be offering Bitcoin as an asset class anytime soon, according to comments made by the bank’s chief executive Noel Quinn.The British banking businessman, who was appointed CEO of the HSBC
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Coinbase Confirms Permanent Remote-First Work Policy
In a blog post published earlier this week, Brian Strong, CEO of Coinbase, announced the company would continue to work remotely after the coronavirus pandemic. Strong previously told Coinbase employe
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Coinbase Acquires Tagomi: Expanding Institutional Crypto Trading
Coinbase announced on Wednesday it’s acquired crypto brokerage firm Tagomi. While the companies have yet to disclose the financial terms, an insider told Fortune Coinbase funded the acquisition using
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Elon Musk Impersonation Scam: Bitcoin Giveaway Warning
Cyber criminals are back to their old tricks, according to Cyware, and have been discovered encouraging users to send them Bitcoin with the promise to return double the amount to them as part of a giv
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Bitcoin Scam Exposes Personal Data of 248,926 Users Worldwide
A cryptocurrency investment scam has exposed the personal details of hundreds of thousands of people around the world. Group-IB, a Singapore-based intelligence company, uncovered the stolen personal r
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Mastercard Expands Crypto Payment Card Program, Simplifies Onboarding
Mastercard has announced an expansion of its cryptocurrency program. As part of the expansion, Mastercard has simplified access to its Accelerate program for crypto card issuers, allowing applicants t
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Twitter Security Breach: 1,000+ Employees Had Access to Critical Tools
UPDATE: Over 1,000 Twitter employees and contractors are said to have had access to the same internal tools that are believed to have allowed cyber criminals to obtain control over 36 high-profile acc
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Steve Wozniak Sues YouTube for Hosting Bitcoin Scam Videos
Apple co-founder Steve Wozniak was one of 18 plaintiffs to file a lawsuit against YouTube on Tuesday. The lawsuit seeks punitive damages, a trial by jury and demands YouTube remove all Bitcoin giveawa
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Doki Malware Exploits Docker Vulnerabilities & Dogecoin Blockchain
Malware that has remained undetected for six months is exploiting misconfigured Docker API ports to launch malicious payloads, while abusing the Dogecoin cryptocurrency blockchain in the process.The m
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John McAfee Arrested: Tax Evasion Charges & Extradition to US
The founder of the renowned computer security software company McAfee has been arrested at Barcelona airport and is facing extradition to the US.According to the unsealed indictment, John McAfee is ac
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FCA Restricts Cryptocurrency-Linked Financial Products in the UK
The sale of financial products tied with cryptocurrencies or other cryptoassets will be restricted from next year, the UK’s financial watchdog has announced.Due to the scope for market abuse, as well
Blockchain
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- Bitcoin Surges Above $45K: Ethereum Leads Altcoin Gains
- Best Ethereum Wallets 2024: Securely Store & Manage Your ETH
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FACTA: Understanding the Fair Credit Transactions Act & Identity Theft ProtectionBack in the early 2000s, identity theft was just becoming an issue. By no means was it rampant, but those who knew how to read the signs could foresee what was coming. They were right. In 2018, 14....
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Food Waste in the US: Causes, Impact & SolutionsIve been thinking a lot lately about how much food I consume (and waste). Im not happy with how I shop and eat, and its not just because Im fat right now. I dont like what Im eating and I dont li...
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13 Red Flags: Recognizing and Preventing Identity TheftOne of the fastest-growing crimes in the United States is identity theft. According to Javelin, there were 42 million victims of identity fraud in 2021. For most of us, it’s not a matter of if...
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USC Offers Tuition-Free Education for Low-Income FamiliesLOS ANGELES (AP) — The University of Southern California will phase in free tuition for students from families with an annual income of $80,000 or less, USC President Carol L. Folt announced Th...