Bitcoin hoaxer Craig Wright convicted of contempt of court December 20, 2024 The man who loudly claimed to be the founder of Bitcoin—only to be exposed in court as anything but—was slapped with a contempt of court ruling by a judge
How high will bitcoin go? December 5, 2024 Bitcoin has finally broken through the $100,000 mark, a few hours after Federal Reserve chair Jerome Powell referred to the cryptocurrency as “digital gold“. The surge in bitcoin’s value from $50,000 in February of this year can be attributed to several factors but the largest by far has been the US presidential election. Former president [...]
UK takes down multibillion-dollar Russian crypto laundering network December 4, 2024 The UK’s National Crime Agency (NCA) has smashed a multibillion-dollar Russian money laundering scheme which operated in Britain and had ties to the Kremlin. Investigators said on Wednesday that uncovering the Russian-speaking network, run out of London, Moscow and Dubai, marked the NCAs biggest money laundering case for a decade. The investigation was given the [...]
UK delays stablecoin regulation amid rise in crypto investing November 26, 2024 The government has delayed the rollout of a regulatory regime for stablecoins, it has been confirmed. City minister Tulip Siddiq confirmed that the government’s plan for stablecoin regulation, which had been expected this year, would be rolled into a larger regulatory plan for crypto next year. “Doing everything in a single phase is simpler, and [...]
Trump’s election means it’s time to take Bitcoin seriously November 25, 2024 Bitcoin was once dismissed as a tulip bubble, but it’s becoming increasingly clear that – in an era of fiat money inflation – it is the best way back to sound money The incoming Trump administration has announced its intention to back a “strategic Bitcoin reserve”. That catapults what was once a fantastical thought experiment, [...]
Robinhood boss says UK’s stance on crypto trading is ‘backwards’ November 17, 2024 The billionaire chief executive of investment platform Robinhood has said UK policymakers' stance on cryptocurrency trading is "backwards" compared to regulated forms of gambling.
FTX hits Binance with lawsuit over Sam Bankman-Fried transactions November 11, 2024 FTX launched legal action against Binance, seeking the return of almost $1.8bn that was allegedly transferred fraudulently.
Bitcoin surges as Trump-fuelled rally continues November 11, 2024 The controversial cryptocurrency hit a record high of $82,313 earlier this morning.
Bitcoin’s surge is thanks to one thing: Donald Trump’s improving ratings October 22, 2024 Donald Trump’s rising chances in the upcoming presidential election are helping bitcoin’s price come back close to its all-time high. Bitcoin’s price is up 11.5 per cent in the last ten days, and 26 per cent from its seven-month low in September, and analysts are pointing to a simple reason for the spike: Trump. Trump’s [...]
FCA: First illegal crypto ATM operator pleads guilty September 30, 2024 The first person charged with illegally running a crypto ATM network has pleaded guilty after the Financial Conduct Authority brought a case against him earlier this month. Olumide Osunkoya pleaded guilty today to five offences at Westminster Magistrates’ Court, after running multiple crypto ATMs without FCA registration. In addition, he was charged for creating and [...]