An Australian computer scientist has become the latest person to claim to have developed Bitcoin, an assertion he hopes might bring him a £4 billion (US$5.6 billion) windfall. Craig Wright, who claims to have invented Bitcoin, and the identity behind the Satoshi Nakamoto pseudonym, has filed a lawsuit in a UK court to retrieve a…
Bitcoin ATM provider Coinsource is expanding in Alaska after receiving the state’s first and only Alaska Money Transmitter License. Coinsource joins four other operators of Bitcoin ATMs — known as BTMs — in Alaska, none of which have such a license. The Alaska Division of Banking and Securities license provides a guarantee that money transmitters…
Binance, the world’s biggest cryptocurrency exchange, is being investigated by the U.S. Department of Justice and Internal Revenue Service over alleged illegal activities. Officials responsible for investigating money laundering and tax breaches have interviewed individuals familiar with Binance’s activities, according to a report by Bloomberg. In March, the U.S. Commodity Futures Trading Commission said it…
Animoca Brands’ valuation tops US$1 billion as it charges forward in the NFT and blockchain gaming space with $88,888,888 in new funding.
Elon Musk drops ‘fossil fuel’ Twitter bomb on Bitcoin, triggering a BTC price crash and dragging down Ethereum, Dogecoin and Shiba Inu.
Global US dollar reserves touched a 25-year low in Q4 2020, according to a new IMF report. Will a digital euro and e-RMB muscle in?
US carmaker Tesla has backed away from accepting Bitcoin as payment for its electric vehicles, citing the enormous environmental cost of mining and processing cryptocurrency transactions. In a Tweet posted on Wednesday, Tesla founder Elon Musk said the company would suspend vehicle purchases using Bitcoin. He said, “We are concerned about rapidly increasing use of…
Other top blockchain and cryptocurrency news: How Dogecoin copycat SHIB coin vaulted into crypto’s top 20. China unveils fingerprint ID for digital yuan.
Ethereum prices rally to new all-time high as Bitcoin’s dominance keeps sliding. Is Ethereum’s upcoming EIP 1559 upgrade boosting its value proposition?
Crypto veterans are appalled by the sudden popularity of $hitcoins like DOGE and SHIB. But others say memecoins are making investing more accessible.