The former chief executive of Alameda Research, the trading company that acted as the vehicle for the multibillion-dollar fraud at crypto exchange FTX, has been given a two-year prison sentence after cooperating with investigators.
Category: Business / Blockchain and Cryptocurrency
The Trumps Have Gone Full Crypto With World Liberty Financial
After coming out in favor of crypto, the Trump family is launching a venture of its own. You’ll just have to wait for the details.
The World’s Biggest Bitcoin Mine Is Rattling This Texas Oil Town
A cash-strapped city in rural Texas will soon be home to the world’s largest bitcoin mine. Local protesters are “raising hell.”
Tether Was Playing a Risky Game, a New Celsius Suit Reveals
The bankrupt crypto lender’s legal action brings into relief the backroom maneuvering that barely shielded Tether from widespread market turmoil.
Flush With Cash, Tether Has Got Microsoft, Google, and Amazon in Its Crosshairs
Under new CEO Paolo Ardoino, the crypto company is spending heavily in a bid to muscle into an AI market dominated by the world’s largest tech firms.
People Are Using Memecoins to Bet on the US Election
While a fight over betting on US elections plays out in court, the tech-savvy are gambling hundreds of millions of dollars on cryptocurrencies inspired by politicians.
Craig Wright Faces Perjury Investigation Over Claims He Created Bitcoin
By order of a UK judge, Craig Wright can no longer claim he is the creator of bitcoin and now faces the prospect of criminal charges.
How Researchers Cracked an 11-Year-Old Password to a $3 Million Crypto Wallet
Thanks to a flaw in a decade-old version of the RoboForm password manager and a bit of luck, researchers were able to unearth the password to a crypto wallet containing a fortune.
The $2.3 Billion Tornado Cash Case Is a Pivotal Moment for Crypto Privacy
Tuesday’s verdict in the trial of Alexey Pertsev, a creator of crypto-privacy service Tornado Cash, is the first in a string of cases that could make it much harder to skirt financial surveillance.
A Vast New Data Set Could Supercharge the AI Hunt for Crypto Money Laundering
Blockchain analysis firm Elliptic, MIT, and IBM have released a new AI model—and the 200-million-transaction dataset it’s trained on—that aims to spot the “shape” of bitcoin money laundering.