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.

Feds Seize Record $3.3B in Crypto in Silk Road Fraud Case
Feds Seize Record $3.3B in Crypto in Silk Road Fraud Case
November 07, 2022  |  Cryptocurrency

Federal authorities say they have seized a “historic” $3.36 billion in bitcoin stolen by a convicted fraudster from the Silk Road dark web marketplace. According...

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Corruption Watchdog Criticizes El Salvador’s Bitcoin Spending Secrecy
Corruption Watchdog Criticizes El Salvador’s Bitcoin Spending Secrecy
November 04, 2022  |  Cryptocurrency

El Salvador’s development bank has refused to reveal any details about the country’s purchase of bitcoins for an estimated $107 million. According to a Sunday...

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Crypto Firms Fight to Supply Payments Tech to Twitter
Crypto Firms Fight to Supply Payments Tech to Twitter
November 03, 2022  |  Cryptocurrency

There’s widespread agreement that Elon Musk wants to turn Twitter into an all-in-one super app that includes payments. Let the free-for-all begin. While Musk, who...

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Report: India’s Proposed Tax Changes May Impact Crypto Exchanges
Report: India’s Proposed Tax Changes May Impact Crypto Exchanges
November 02, 2022  |  Cryptocurrency

Proposed changes to the way income taxes are filed in India reportedly may affect people holding cryptocurrencies or virtual digital assets, those with investments in...

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Swiss Financial Regulator to Cap Anonymous Crypto Transactions at $1,000 a Month
Swiss Financial Regulator to Cap Anonymous Crypto Transactions at $1,000 a Month
November 02, 2022  |  Cryptocurrency

The Swiss Financial Market Supervisory Authority (FINMA) is extending the scope of its anti-money laundering (AML) ordinance to cover cryptocurrency assets. The adjusted regulations, which...

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Pick n Pay Expands Crypto Payments in South Africa
Pick n Pay Expands Crypto Payments in South Africa
November 01, 2022  |  Cryptocurrency

The South African grocery retailer Pick n Pay announced Tuesday (Nov. 1) that it has completed the first phase of a pilot that allows customers...

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Musk’s Twitter-as-Payments-App Narrative Gains Steam
Musk’s Twitter-as-Payments-App Narrative Gains Steam
November 01, 2022  |  Payment Methods

There’s a growing narrative that Tesla CEO Elon Musk isn’t just planning to make payments a key part of his plans to remake Twitter, but...

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Bitcoin White Paper Turns 14 Today With 23% of Consumers Owning Crypto
Bitcoin White Paper Turns 14 Today With 23% of Consumers Owning Crypto
October 31, 2022  |  Cryptocurrency

Fourteen years ago today, a still unidentified person or group using the pseudonym “Satoshi Nakamoto” sent out an email about a nine-page white paper outlining...

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Chainalysis Sees Growing Push for Crypto Regulation Amid Record Hacks
Chainalysis Sees Growing Push for Crypto Regulation Amid Record Hacks
October 31, 2022  |  Cryptocurrency

Crypto, which was born during the 2008-2009 financial crisis, is about to see how it handles the next one. That is something Michael Gronager, CEO...

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