Bitcoin tops $25,000 to hit eight-month high
Bitcoin hit an eight-month high to surge past $25,000 on Thursday as the volatile cryptocurrency rises despite pressure from US regulators.
Feb 16, 2023
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Business
News tagged with cryptocurrencies
Business
Another round of Coinbase job cuts, 20% of workforce let go
Coinbase is cutting approximately 20% of its workforce, or about 950 jobs, in a second round of layoffs in less than a year.
Jan 10, 2023
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Business
After a year of collapses, cryptocurrency's future hangs in the balance
Spectacular cryptocurrency failures in 2022 have raised the stakes for the industry amid questions about the enduring viability of a technology that advocates say has the potential to revolutionize finance.
Jan 4, 2023
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Business
Bogus 'Bitcoin killer' cryptocurrency founder pleads guilty
A co-founder of the fraudulent cryptocurrency OneCoin, a pyramid scheme that conned billions of dollars from investors worldwide, pleaded guilty to wire fraud and money laundering charges, U.S. prosecutors said Friday.
Dec 17, 2022
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Business
Kazakhstan moves to reel in crypto mining
Kazakhstan, one of the world's leading locations for cryptocurrency mining, has moved to reel in the power-hungry industry that has often burdened the ageing energy grid of the Central Asian country.
Dec 8, 2022
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Internet
Why sports sponsorship is unlikely to save cryptocurrency firms from 'crypto winter'
If you have been watching the Fifa World Cup in Qatar closely, you will have noticed the advertising on the hoardings around the pitch. Alongside the usual names—Adidas, Coca-Cola, Visa—there are some new ones, including ...
Dec 8, 2022
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Business
North Korea's nuclear program is funded by stolen cryptocurrency. Could it collapse now that FTX has?
Since the world's second-largest crypto exchange, FTX, declared bankruptcy earlier this month, the flow-on effects have been felt far and wide.
Dec 1, 2022
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Business
Fidelity Charitable launches NFT raffle amid crypto downturn
Fidelity Charitable is getting into NFTs, the digital images that are registered on the blockchain, despite a torrent of bad news from the adjacent world of cryptocurrencies.
Nov 28, 2022
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Business
$740M in crypto assets recovered in FTX bankruptcy so far
The company tasked with locking down the assets of the failed cryptocurrency exchange FTX said they've managed to recover and secure $740 million in assets so far, a fraction of the potential billions of dollars likely missing ...
Nov 24, 2022
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Business
2 Estonians arrested in $575M cryptocurrency fraud
Police in Estonia have arrested two men accused in a $575 million cryptocurrency fraud, U.S. authorities said Monday.
Nov 22, 2022
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