Bitcoin

Bitcoin is a cryptocurrency. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.

Genesis Reduces Headcount and Discusses Bankruptcy
Genesis Reduces Headcount and Discusses Bankruptcy
January 05, 2023  |  Cryptocurrency

Genesis Global Trading is reportedly considering filing for bankruptcy. The cryptocurrency lender has also laid off 30% of its staff across departments, The Wall Street...

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Coinbase $100M Fine Highlights Crypto Industry’s Gaps and US Regulatory Strengths
Coinbase $100M Fine Highlights Crypto Industry’s Gaps and US Regulatory Strengths
January 05, 2023  |  Cryptocurrency

 Recent regulatory action against U.S.-based Coinbase underscores that crypto is reaching a post-FTX inflection point. The pressure is on for the business-as-usual attitude to button...

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SEC: Scammers Promised Investors Funds From Blockchain Worth ‘Trillions’
SEC: Scammers Promised Investors Funds From Blockchain Worth ‘Trillions’
January 05, 2023  |  Security & Fraud

Federal authorities say scammers stole millions of dollars by promising investors access to a blockchain worth trillions. According to the Securities and Exchange Commission (SEC),...

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Crypto Trading Stays Steady in First Days of 2023
Crypto Trading Stays Steady in First Days of 2023
January 04, 2023  |  Cryptocurrency

Crypto trading has leveled off in the first days of the new year. Both bitcoin and ether have remained within a narrow band in recent...

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Genesis Tells Clients It’s Working to Preserve Assets
Genesis Tells Clients It’s Working to Preserve Assets
January 04, 2023  |  Cryptocurrency

Genesis told clients it needs more time to fix its borrowing and lending intermediation business. “We remain focused on finding a solution for our borrowing...

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Bitcoin Miner Riot Blockchain Rebrands as Riot Platforms
Bitcoin Miner Riot Blockchain Rebrands as Riot Platforms
January 03, 2023  |  Bitcoin

The bitcoin miner formerly known as Riot Blockchain has rebranded itself as Riot Platforms.  Riot Platforms said in a Tuesday (Jan. 3) press release that...

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Sam Bankman-Fried Asks Judge to Redact Names of Bail Guarantors
Sam Bankman-Fried Asks Judge to Redact Names of Bail Guarantors
January 03, 2023  |  Legal

Sam Bankman-Fried doesn’t want the public to know who’s helping him stay free on bail. Lawyers for the founder and former CEO of bankrupt cryptocurrency...

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Bitcoin’s 14th Birthday Is No Cause for a Party
Bitcoin’s 14th Birthday Is No Cause for a Party
January 03, 2023  |  Bitcoin

The bitcoin network came into existence Jan. 3, 2009, spawning the cryptocurrency market industry. Among other things, the peer-to-peer (P2P) electronic cash equivalent system promised...

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Report: FTX Founder Sam Bankman-Fried Will Plead Not Guilty
Report: FTX Founder Sam Bankman-Fried Will Plead Not Guilty
January 03, 2023  |  Legal

FTX founder Sam Bankman-Fried will likely plead not guilty to defrauding the firm’s investors. That’s according to a report published by Reuters Tuesday (Jan. 3),...

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