Latest Cryptocurrency News
'Hamster' crypto craze has taken Iran. It highlights economic malaise ahead of presidential election
DUBAI, United Arab Emirates (AP) — Cab drivers and bikers tap away furiously on their mobile phones as they wait at red lights in the Iranian capital during an early June heatwave. Some pedestrians in Tehran are doing the same. They all believe they could get rich. The object of...
Robinhood buying crytocurrency exchange Bitstamp for about $200 million
Robinhood Markets Inc. is buying crytocurrency exchange Bitstamp for about $200 million in cash as the company looks to speed up its cryptocurrency expansion globally. Bitstamp, founded in 2011, has offices in Luxembourg, the UK, Slovenia, Singapore, and the US. It has more than 50...
Donald Trump's campaign says it will begin accepting contributions through cryptocurrency
WASHINGTON (AP) — Donald Trump 's presidential campaign said Tuesday it would begin accepting donations in cryptocurrency as part of an effort to build what it calls a “crypto army” leading up to Election Day. The Trump campaign launched a fundraising page that allows “any...
A timeline of the collapse at FTX
FTX, once among the largest cryptocurrency exchanges in the world, said this week that nearly all of its customers will receive the money back that they are owed, two years after its monumental collapse. FTX said in a court filing late Tuesday that it owes about $11.2 billion to its...
FTX will return money to most customers less than 2 years after catastrophic crypto collapse
FTX says that nearly all of its customers will receive the money back that they are owed, two years after the cryptocurrency exchange imploded, and some will get more than that. FTX said in a court filing late Tuesday that it owes about $11.2 billion to its creditors. The exchange...
Montenegro's top court orders another review in the case of cryptocurrency mogul Do Kwon
PODGORICA, Montenegro (AP) — Montenegro's top court said Friday it has overturned a decision to hand over a South Korean mogul known as “the cryptocurrency king” to his native country. The move marks yet another twist in a months-long legal saga in the case of Do Kwon, the...
Fallen crypto mogul Sam Bankman-Fried sentenced to 25 years in prison
NEW YORK (AP) — Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud on hundreds of thousands of customers that unraveled with the collapse of FTX, once one of the world’s most popular platforms for exchanging digital currency. ...
A timeline of the downfall of Sam Bankman-Fried and the colossal failure of FTX
Sam Bankman-Fried went from cryptocurrency golden boy to the face of the industry's collapse. The founder and former CEO of the massive cryptocurrency exchange FTX was sentenced to 25 years in prison Thursday after being convicted of fraud for stealing at least $10 billion from customers and...
US prosecutors try to send warning to cryptocurrency world with KuCoin prosecution
NEW YORK (AP) — A top U.S. prosecutor announced criminal charges Tuesday against a once-ascending company in the cryptocurrency world and two of its founders in a bid to send a message to other players in the industry to follow U.S. laws. U.S. Attorney Damian Williams said...
