Business

Sam Bankman-Fried expected to testify in US crypto trial

Sam Bankman-Fried, former CEO of one of cryptocurrency's biggest exchanges, plans to testify at the trial determining if he committed fraud by stealing billions of dollars from clients, a source close to the case confirmed ...

Business

New York couple plead guilty to bitcoin laundering

A married couple from New York dubbed "Bitcoin Bonnie and Crypto Clyde" pleaded guilty on Thursday to laundering billions of dollars in stolen bitcoin, prosecutors announced.

Business

Studying the effects of crypto mining on Texas power grid

Cryptocurrency transactions may be costing more than just transaction fees. The electricity used for these transactions is more than what some countries, like Argentina and Australia, use in an entire year.

Business

Police: Crypto firm founder Do Kwon arrested in Montenegro

Police in Montenegro have arrested Terraform Labs founder Do Kwon, who is wanted in South Korea in connection with a $40 billion crash of the firm's cryptocurrency that devastated retail investors around the world, the European ...

Business

States debate whether to restrict—or invite—crypto mining

As cryptocurrency mining draws increased scrutiny on Capitol Hill in Washington, D.C., some state legislatures are considering proposals to restrict the industry over growing concerns about its energy use. Other states, though, ...

Business

Crypto market resilient after collapse of SVB bank

As the Federal Reserve seeks to calm financial markets following the collapse of Silicon Valley Bank, the cryptocurrency market is showing signs of resilience despite links to the crisis.

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