Latest Cryptocurrency News
Trump plans to launch his sons' crypto business on Monday, 50 days before Election Day
WASHINGTON (AP) — Former President Donald Trump plans to deliver remarks next Monday about cryptocurrency and the launch of the company World Liberty Financial, a crypto platform controlled by the Republican nominee's sons Donald Jr. and Eric. His speech will come 50 days before...
Americans lost $5.6 billion last year in cryptocurrency fraud scams, the FBI says
WASHINGTON (AP) — Americans were duped out of more than $5.6 billion last year through fraud schemes involving cryptocurrency, the FBI said in a report released Monday that shows a 45% jump in losses from 2022. The FBI received nearly 70,000 complaints in 2023 by victims of...
Trump's new crypto business could create more conflicts if he's elected president
WASHINGTON (AP) — Donald Trump is promising to make America the “crypto capital of the planet” if he returns to the White House. Fulfilling that promise would likely pay off for him personally. Amidst his run for president, Trump has launched a new venture to trade...
Bibles, cryptocurrency, Truth Social and gold bars: A look at Trump's reported sources of income
Former President Donald Trump owns more than $1 million worth of cryptocurrency and up to $250,000 in gold bars along with the portfolio of golf courses and real estate properties that have made him a billionaire, according to newly released financial disclosures. The details come...
Hut 8: Q2 Earnings Snapshot
TORONTO (AP) — TORONTO (AP) — Hut 8 Corp. (HUT) on Tuesday reported a loss of $71.9 million in its second quarter. The Toronto-based company said it had a loss of 78 cents per share. Earnings, adjusted for non-recurring costs, came to 2 cents per share. The crypto...
Montenegro court approves extradition of cryptocurrency mogul Do Kwon to native South Korea
PODGORICA, Montenegro (AP) — A Montenegrin appeals court on Thursday upheld a ruling by a lower court to hand over a South Korean mogul known as “the cryptocurrency king” to his native country, rejecting a bid to extradite him to the United States. The move follows a...
'Hamster' crypto craze gripping Iran highlights its 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...
