Crypto Crime Cartel? John McAfee Indicted

Crypto Crime Cartel: John McAfee, Others Arrested

Audrey Strauss, the United States Attorney for the Southern District of New York, and William F. Sweeney Jr., the Assistant Director-in-Charge of the New York Field Office of the Federal Bureau of Investigation (“FBI”), announced today the unsealing of an Indictment charging JOHN DAVID MCAFEE, the founder of the McAfee antivirus software company, and JIMMY GALE WATSON JR., who served as an executive adviser of MCAFEE’s so-called cryptocurrency team (the “McAfee Team”), with conspiracy to commit commodities and securities fraud, more...

Submitted by C Costigan on,

Bitcoin Mania Triggers Fundraising Rush by Chinese Players

Bitcoin mania has fuelled a surge in fundraising by Chinese companies seeking to expand their cryptocurrency operations or move into the red-hot sector.

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Unikrn Partners Blockchain-Based FYX to Deliver Next-Generation iGaming Products

Unikrn Partners Blockchain-Based FYX to Deliver Next-Generation iGaming Products

FYX Gaming, the Raleigh-based esports infrastructure and technology provider specializing in the development of blockchain-based solutions, today announces that it has entered into a partnership with leading esports betting operator Unikrn. The deal will see the two leading esports companies collaborate to deliver next-generation iGaming products and technology.

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Bitcoin Price Nears $55K

The price of Bitcoin had moved to $54800 and continued rising Tuesday morning, hitting its highest level in two weeks.

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Swedish Man Involved in Digital Currency Fraud Faces 40 Years Prison Time

Swedish Man Involved in Digital Currency Fraud Faces 40 Years Prison Time

Roger Nils-Jones Karlsson is the founder of Eastern Metal Securities and accused of defrauding over 3,500 investors through digital currencies.

Submitted by Aaron Goldstein on,

Bitcoin SV is Revving up for Potentially Unlimited Scale

Bitcoin SV is Revving up for Potentially Unlimited Scale

With the latest release of its software. Switzerland-based industry organization the Bitcoin Association has announced the release of the Bitcoin SV Node software v1.0.7 in an effort to boost up for potentially unlimited scale.

Submitted by Aaron Goldstein on,

Why Bitcoin Could Triple Over Next Year

William Quigley, managing director of Magnetic, a crypto focused investment fund, explains why he believes that bitcoin's value can still rise dramatically into 2022.

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Why The Supply of Bitcoin is Limited

Why The Supply of Bitcoin is Limited

In an editorial piece appearing on the Coingeek.com website, Dr. Michael Wehrmann discusses the limitations of Bitcoin.

Submitted by Aaron Goldstein on,

Cathie Wood Backing Sends Bitcoin Back Above $50K

Cathie Wood Backing Sends Bitcoin Back Above $50K

Ark Investment boss Cathie Wood told Bloomberg Tuesday evening she remains "very positive on bitcoin," and is "very happy to see a healthy correction here."  This may have helped push the cryptocurrency price above the $51,000 mark overnight.  But there are other factors perhaps.

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Craig Wright Begins Landmark Legal Action Against Bitcoin Developers, Others

Craig Wright Begins Landmark Legal Action Against Bitcoin Developers, Others

Dr. Craig Wright, an Australian computer scientist who claims to be the inventor of bitcoin, is now suing the developers of BTC, BCH, BCH ABC and BSV over 111,000 stolen Bitcoin, according to an announcement by ONTIER.

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BetOnline Bitcoin Payouts Now Taking Just Minutes

BetOnline Bitcoin Payouts Now Taking Just Minutes

The price of Bitcoin was sailing towards the $60K mark as of this writing.  Online gambling sites got into the cryptocurrency game years ago when the price was around $4000.  Crypto payments now represent better than 80 percent of all transactions at BetOnline and competing online gambling websites. Today, many BetOnline customers report payouts within minutes, some even say "instant" and they offer the best welcome bonuses using this method

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Bitcoin and Ethereum Prices 'Seem High,' Says Musk

Bitcoin and Ethereum Prices 'Seem High,' Says Musk

Billionaire CEO Elon Musk said on Saturday the price of bitcoin and ethereum seemed high, at a time when the cryptocurrencies have hit record highs, with bitcoin crossing the $1 trillion market-capitalization threshold.

Submitted by Reuters on,

Bitcoin Flirting WIth $56K: Hits $1 Trillion Market Cap

Bitcoin Flirting WIth $54K: Hits $1 Trillion Market Cap

The price of Bitcoin continued to rise Friday morning, peaking around the $57000 mark Saturday before dipping slightly. The cryptocurrency is currently used for more than 80% of transactions with online gambling sites operating in restrictive markets.

Submitted by Aaron Goldstein on,

Defendant in Craig Wright Case: "Crazy Amount of Evidence He's Satoshi"

The latest hearing of the Wright v McCormack case took place this week, with the surprise return of Peter McCormack’s legal team for the pre-trial hearing.

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Monopoly Money: Framing Bitcoin as the Last-Mover in Blockchain

Monopoly Money: Framing Bitcoin as the Last-Mover in Blockchain

Bitcoin perhaps exemplifies the power of both monopoly and competition, nChains' Jack Davies writes.

Submitted by Aaron Goldstein on,

Bitcoin Games Releases First Exclusive Online Slots - The Angry Banker

Bitcoin Games Releases First Exclusive Online Slots - The Angry Banker

Bitcoin Games released its first exclusive slot game The Angry Banker with a $12,000 tournament Tuesday.

Submitted by Aaron Goldstein on,

CNBC Talks Bitcoin's Blistering Rally

CNBC Talks Bitcoin's Blistering Rally

 

Large firms like Tesla, Mastercard and BNY Mellon have shown support for cryptocurrencies.

Submitted by Aaron Goldstein on,

Bitcoin Tops $50,000

Bitcoin Tops $50,000

LONDON, (Reuters) - Bitcoin rose above $50,000 on Tuesday to a new record high, building on a rally fuelled by signs that the world’s biggest cryptocurrency is gaining acceptance amongst mainstream investors.

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Craig Wright: ‘I Invented Bitcoin — Now It’s a Ponzi Scheme’

The man who claims to have invented Bitcoin now says it's a ponzi scheme after the digital currency crept towards the $50,000 mark this week.

Submitted by Aaron Goldstein on,

Bitcoin Goes Mainstream With Jay Z and Dorsey

Bitcoin Goes Mainstream With Jay Z and Dorsey

Hip Hop artist Jay Z and Twitter CEO Jack Dorsey have joined forces to develop a bitcoin development fund.  It is a sign that the anonymous digital currency is going mainstream. 

Submitted by Aaron Goldstein on,

Bitcoin Soars to All-Time High After BNY Mellon Announces Crypto Venture

Bitcoin Soars to All-Time High After BNY Mellon Announces Crypto Venture

Bitcoin on Thursday jumped to a fresh all-time high after BNY Mellon said it formed a new unit to help clients hold, transfer, and issue digital assets.

Submitted by Reuters on,

Elon Musk Wants Clean Power. But Tesla's Carrying Bitcoin's Dirty Baggage

Elon Musk Wants Clean Power. But Tesla's Carrying Bitcoin's Dirty Baggage

Tesla boss Elon Musk is a poster child of low-carbon technology. Yet the electric carmaker’s backing of bitcoin this week could turbo-charge global use of a currency that’s estimated to cause more pollution than a small country every year.

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Tesla Buys $1.5B in Bitcoin, Will Accept as Payment Soon

Tesla Buys $1.5B in Bitcoin, Will Accept as Payment Soon

Holders of Bitcoin may be able to cash in some of their investment in the digital currency for a brand new electric car.

Submitted by Reuters on,

Mason: "Super Bowl 55 Will Be Biggest Betting Event in History"

Mason: "Super Bowl 55 Will Be Biggest Betting Event in History"

Dave Mason of BetOnline says the action he has seen for Super Bowl 55 is the most in his lifetime and in the history of that 22-year-old sportsbook.

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Reddit Frenzy Pumps Up "Joke" Crypto Dogecoin

Reddit Frenzy Pumps Up "Joke" Crypto Dogecoin

One of the beneficiaries of the past week's Reddit short squeeze frenzy is none other than a crypto coin that started as a joke, Dogecoin.

Submitted by Aaron Goldstein on,

Cryptocurrency Trader Charged With Fraudulent Scheme Involving Over $5 Million

AUDREY STRAUSS, the United States Attorney for the Southern District of New York, and William F. Sweeney Jr., the Assistant Director-in-Charge of the New York Field Office of the Federal Bureau of Investigation (“FBI”), announced today the unsealing of a Complaint in Manhattan federal court charging JEREMY SPENCE, a/k/a “Coin Signals,” a cryptocurrency trader who solicited funds for various cryptocurrency funds that he operated, with commodities fraud and wire fraud offenses.

Submitted by Press Release on,

Bitcoin Slumps 10% as Pullback From Record High Gathers Pace

Bitcoin Slumps 10% as Pullback From Record High Gathers Pace

Bitcoin slumped 10% on Thursday to a 10-day low, retreating further from record highs, with traders citing fears of tighter U.S. regulation.

Submitted by Reuters on,

Bitcoin Hits One-Week Low as Rising U.S. Yields Dent Rally

Bitcoin Hits One-Week Low as Rising U.S. Yields Dent Rally

Cryptocurrencies plunged on Monday, with bitcoin dropping more than 12% to a one-week low

Submitted by Reuters on,

Bitcoin Hits $40,000 for First Time, Pushing Cryptocurrency Market Value Past $1 Trillion

Bitcoin Hits $38,000 for First Time, Pushing Cryptocurrency Market Value Past $1 Trillion

Bitcoin smashed through $38,000 to hit a new record high on Thursday as the cryptocurrency’s massive rally continues, then the $39,000 mark just prior to 11 am ET, and by afternoon the price peaked at $40376.

Submitted by Aaron Goldstein on,

PayPal Backs Crypto Tax Startup Taxbit

PayPal Backs Crypto Tax Startup Taxbit

PayPal Holdings Inc’s venture arm has made an investment in Salt Lake City, Utah-based tech startup Taxbit, which helps consumers and businesses calculate the taxes owed on cryptocurrency holdings, the companies said on Thursday.

Submitted by Reuters on,

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Massachusetts Man Charged in Gambling-Linked Dog Fighting Ring: 'I Dump Dead Dogs in Boston Harbor'

Corey Elliott ran gambling-linked dog fighting operation in Southeastern Massachusetts for years, according to the complaint.