Bitcoin achieved a new all-time high of $118,900 on Friday after exceeding its previous record, $113,822, on Thursday. At the time of this writing, Bitcoin’s price stands at around $117,400. This is a significant milestone for Bitcoin, as it highlights its resurgence, now higher than its low of around $76,000 in early April. It dropped […]
Bitcoin surpasses $118K, its second all-time high, in less than 24 hours Read More »
Elon Musk has officially announced he’s stepping down as a U.S. special government employee and the de facto head of the Department of Government Efficiency, better known as DOGE. The move follows Musk’s cooling relationship with the Trump administration and slumping Tesla sales tied to his political advocacy. Despite his announced departure, Musk gave a
Elon dips from DOGE, and Silicon Valley enters the ‘find out’ stage Read More »
GameStop announced on Wednesday that it bought 4,710 Bitcoin, which is worth over $500 million at the time of the purchase. The video game retail chain has struggled to stay relevant in a time when digital gaming purchases are increasingly popular — plus, the company took on a new kind of notoriety when it unwittingly
GameStop bought $500 million of Bitcoin Read More »
Indian police have arrested the co-founder of Garantex, a Russian cryptocurrency exchange sanctioned by the European Union and the U.S. government, under India’s extradition law, TechCrunch has exclusively learned and confirmed with state authorities. At 4 p.m. local time (3:30 a.m. PT) on Tuesday, the state police of Kerala arrested Lithuanian national Aleksej Besciokov in
Garantex administrator arrested in India under extradition law Read More »
The hackers who stole around $1.4 billion in cryptocurrency from crypto exchange Bybit have moved nearly all of the robbed proceeds and converted them into Bitcoin, in what experts call the first phase of the money-laundering operation. On February 21, Bybit said that a “sophisticated attack” on one of the company’s wallets resulted in the
Hackers launder most of Bybit’s stolen crypto worth $1.4B Read More »
Getting paid in cryptocurrencies may sound like a bad idea, but this could be an actually useful feature for international contractors. Remote, the company that lets you hire people and manage contractors all around the world, is introducing crypto payouts on Tuesday. Companies based in the U.S. can start paying their contractors with stablecoins in
Remote enables USDC crypto payouts for contractors Read More »
Bitcoin prices have been on the rise this year, and the cryptocurrency has reached the $100,000 price point for the first time on Wednesday. The cryptocurrency’s price has jumped more than 5% in the last 24 hours. The latest rally began with the election of Donald Trump as president, as he promised a more crypto-friendly
Bitcoin zooms past $100K mark for the first time Read More »
Japanese crypto exchange DMM Bitcoin confirmed on Friday that it had been the victim of a hack resulting in the theft of 4,502.9 bitcoin, or about $305 million. According to crypto security firm Elliptic, this is the eighth largest crypto theft in history. DMM Bitcoin said it detected “an unauthorized leak of Bitcoin (BTC) from
Hackers steal $305M from DMM Bitcoin crypto exchange Read More »
Bankruptcy lawyers representing customers impacted by the dramatic crash of cryptocurrency exchange FTX 17 months ago say that the vast majority of victims will receive their money back — plus interest. The news comes six months after FTX co-founder and former CEO Sam Bankman-Fried (SBF) was found guilty on seven counts related to fraud, conspiracy, and
FTX crypto fraud victims to get their money back — plus interest Read More »
Stripe, the fintech giant, continues to inch its way back into the cryptocurrency market. On Thursday the company announced that it would let customers accept cryptocurrency payments, starting with just one currency in particular, USDC stablecoins, initially only on Solana, Ethereum and Polygon. This will be the first time that Stripe has taken crypto payments
