Two years after the dramatic implosion of Sam Bankman-Fried’s crypto exchange,customers have received some welcome news. But it is not as good as it sounds.
Binance founder Changpeng Zhao will become the world’s richest prisoner after being sentenced for allowing money laundering.
Last week’s halving of the supply of new bitcoins and the consequential halving of revenue to the cryptocurrency’s miners raises big questions for its future.
The halving,which happens roughly every four years – the latest of which is expected this week – is a change in bitcoin’s underlying blockchain technology designed to reduce the rate at which new bitcoins are created.
The Australian-listed ETF market has almost doubled in value during the past three years,partially due to a strong showing from bitcoin-linked funds.
Hundreds of local investors are chasing their investments in two separate schemes,including one run by a man who says he’s a former NASA scientist.
A jailed trader who majored in maths is accused of stealing millions. His criminal trial touches on a big argument within the world of crypto.
When seller Nathan Tinkler bought the estate north of Coffs Harbour he was ranked Australia’s youngest billionaire,just as Ed is now.
The judge said the former crypto mogul had lied during his testimony and shown no remorse for stealing $US8 billion from customers.
Drug empires,life-destroying scams and extravagantly lavish lifestyles have been fuelled by a spike in cryptocurrency crime as criminals exploit its anonymity to manipulate extraordinary amounts of cash.
Craig Wright has for eight years claimed that he was the man behind “Satoshi Nakamoto,” the pseudonym that masked the identity of the creator of bitcoin.