Billionaire Sam Bankman-Fried, founder of the digital asset exchange FTX, says Bitcoin tech cannot scale to meet demands of true payments network
News Bitcoin
TerraUSD Organisers ‘Spent $2bn’ In Bitcoin To Maintain Value
Organisers behind failed TerraUSD stablecoin say they spent more than $2bn in Bitcoin last week in vain attempt to keep virtual currency from crashing
Bitcoin Slide Continues As Regulators Weigh In
Bitcoin and other cryptocurrencies continue to slide after spectacular collapse last week of 'stablecoin' TerraUSD and broader market jitters
Cryptocurrency Crash Continues As Ethereum, Luna Plummet
After Bitcoin suffers major crash this week, Ethereum, Luna, terraUSD and other cryptocurrencies plunge, wiping $200 billion off entire market
Bitcoin Falls 50 Percent From November High
Bitcoin, other cryptocurrencies slump amidst broader stock market sell-off amidst central bank interest rate hike and economic uncertainty
Twitter Works With Stripe On Crypto Payments Trial
Twitter works with online payments processor Stripe to trial limited cryptocurrency payouts to creators over USDC stablecoin
Block, Blockstream, Tesla Build ‘Green’ Bitcoin Mine
Fintech giant Block (formerly Square) works with Bitcoin infrastructure company Blockstream on Bitcoin mining facility powered by Tesla solar products
EU Bans Crypto Services To Russia
New package of sanctions extends asset freeze to crypto-wallets amidst fears virtual assets could be used to get around existing measures
UK Regulator Warns Against ‘Illegal’ Crypto Cash Machines
Financial Conduct Authority warns cryptocurrency ATMs operating in UK are illegal and operators must shut them down or face enforcement action
Bitcoin Mining Gets Dirtier After China Crackdown
Proportion of renewable sources powering Bitcoin mining industry plummets after miners shift from China to Kazakhstan and the United States
Ukraine Raises Millions In Cryptocurrency Donations
Ukrainian government and NGOs receive millions of dollars' worth of Bitcoin, Ethereum and other digital coins amidst Russian invasion
Russian Invasion Triggers Crypto Crash
Cryptocurrencies suffer loses on Monday and Tuesday, as Vladimir Putin orders Russian combat troops into rebel held parts of Eastern Ukraine
FBI Arrest Couple For Alleged Laundering Of $4.5bn In Bitcoin
Married couple arrested in New York by FBI, in largest ever cryptocurrency theft case, as authorities seize $3.6 billion in stolen bitcoin
Crypto Companies Band Together To Address Fraud Risk
Large crypto companies and trade associations promote 'market integrity pledge' to gain public trust amidst ongoing risk of manipulation and fraud
Tesla Bitcoin Holdings Valued At $1.99 Billion
Tesla's Bitcoin holdings had fair market value of $1.99bn at end of 2021, as it loses $101m due to cryptocurrency's ongoing volatility
Russia Readies Road Map For Cryptocurrency Regulation
Russian authorities ready plan for tough cryptocurrencies restrictions, but not the outright ban favoured by central bank
IMF Urges El Salvador To Drop Bitcoin As Legal Tender
South American country El Salvador urged to reconsider its decision to adopt Bitcoin as legal tender, amid huge value decline
Russia Proposes Ban On Cryptocurrencies, Crypto Mining
Russia's central bank has this week proposed the banning on the use and mining of cryptocurrencies, citing multiple risk factors
Cryptocurrency Funds Show Gains In Spite Of Selloff
Cryptocurrency-centric funds show strong gains for 2021, as assets such as Bitcoin and Ether rise in value in spite of steep December selloff
North Korean Hackers ‘Stole $400m’ In 2021
Study finds North Korea-based hackers stealing more than $200m in cryptocurrency a year, rising to $400m in 2021, as country battles international sanctions
Bitcoin Slumps To Lowest Level In Four Months
Crypto volatility. Bitcoin slumps to its lowest level since September, having lost over 40 percent of its value from its record high
Power Blackouts Sees Kosovo Ban Crypto Mining
Landlocked Kosovo has officially banned cryptocurrency mining as it grapples with soaring energy prices and electricity blackouts
UK Police Forces Seize £300m In Cryptocurrencies – Report
New Scientist investigation reveals British police have seized more than £300m in cryptocurrencies during criminal investigations
Jack Dorsey Blocked On Twitter By Netscape’s Marc Andreessen
Web3 dustup. Bad blood between Twitter co-founder and Marc Andreessen over Web3 deepens, after venture capitalist blocks Dorsey on Twitter
Bank Of England Issues Fresh Cryptocurrency Warning
Senior official once again sounds warning about risks associated with cryptocurrencies, and urges creation of crypto regulatory framework
Indian PM Modi’s Twitter Account Hacked – Again
Second time the charm? Bitcoin scam briefly compromises the personal Twitter account of India's Prime Minister Narendra Modi
Visa Rolls Out Crypto Advisory Service
Banks, merchants and financial institutions will be able to seek advice from Visa's Crypto Advisory Service in the following months
Craig Wright Wins US Case Over Bitcoin Inventor Claim
Computer scientist who claims to be Satoshi Nakamoto, wins US court case against former partner, and avoids having to split huge cache of bitcoin
Jack Dorsey’s Square Changes Name To Block
When a Square becomes a Block. Payments giant Square will change its corporate name to Block next week, amid blockchain focus
India Moves To Ban Private Cryptocurrencies
India is to launch its own official digital currency, but will also ban private cryptocurrencies under new government proposals