Cryptocurrency

A decade-long legal battle over a lost Bitcoin fortune has ended in disappointment for James Howells, an IT engineer from Newport, Wales, after a court dismissed his lawsuit against the Newport City Council. The man hoped to search a landfill for a hard drive he accidentally threw away more than a decade ago holding Bitcoin now worth $750 million.

The team behind the memecoin HAWK, tied to internet celebrity Haliey “Hawk Tuah Girl” Welch, has been sued by a group of investors for alleged violations of securities laws.

An Australian computer scientist who falsely claimed to be the founder of the bitcoin cryptocurrency was found Thursday to be in contempt of an order of London’s High Court and was sentenced to 12 months in prison, suspended for two years.

Haliey Welch, the star of the viral “hawk tuah” video, is facing backlash from supporters after launching a “memecoin” cryptocurrency that pumped and crashed heavily within just a few hours.

SEC chair Gary Gensler will resign, which would allow for Donald Trump to select a pro-crypto, anti-climate-change-policy chairman.

The CEO of a Canadian cryptocurrency firm was kidnapped and held for a $1 million ransom in downtown Toronto during rush hour this week. He was released unharmed after a $1,000,000 ransom was paid.

The cryptocurrency community is basking in the glow of a major political victory following the reelection of Donald Trump after pouring over $200 million into campaigns and political action committees.

Former President Donald Trump was seen passing out hamburgers at a Bitcoin bar in New York City on Wednesday, before his rally in Uniondale.

Shan Hanes, the former CEO of Heartland Tri-State Bank in Elkhart, Kansas, has been sentenced to more than 24 years in prison for embezzling $47 million from the bank and sending it to cryptocurrency wallets controlled by scammers who tricked him with a “Pig butchering” scheme.

A super PAC funded overwhelmingly funded by venture capitalist firm Andreessen Horowitz is bankrolling anti-crypto Democrats in battleground Senate races, enraging pro-crypto Republicans.

Cryptocurrency executives on Thursday reportedly yelled at the anti-crypto Biden-Harris administration during a meeting meant to repair relations between crypto and the White House.

FTX, the failed cryptocurrency exchange at the center of disgraced former CEO Sam Bankman-Fried’s fraud, was ordered to pay customers $12.7 billion.

The cryptocurrency market suffered a significant downturn on Sunday, with losses extending into Monday morning, as investors shed risky assets amidst broader economic concerns. The crypto crash has wiped out $367 billion in value so far.

David Marcus, CEO of Lightspark and a former Meta executive who has emerged as a leader in the crypto space, has publicly endorsed Donald Trump for the upcoming U.S. presidential election, explaining why he has abandoned his previously strong connection to the Democrat party.

Trump’s campaign raised $25 million in one night at a Saturday cryptocurrency fundraiser in Nashville, sources confirmed to Breitbart News.

Marc Andreessen, co-founder of prominent venture capital firm Andreessen Horowitz (a16z), has announced his support for former President Donald Trump in the 2024 presidential race, marking a significant departure from his long-standing allegiance to the Democrat party.

A new report from blockchain research firm TRM Labs has unveiled a startling increase in cryptocurrency theft, with hackers more than doubling their illicit gains in the first half of 2024 compared to the same period last year. Crypto crooks have stolen an astounding $1.38 billion so far this year.

Fairshake, a pro-crypto super PAC, on Wednesday touted the ouster of Rep. Jamaal Bowman (D-NY), a staunch anti-crypto lawmaker.

A baptist pastor in Florida has been arrested on child pornography charges after he allegedly used cryptocurrency to purchase online child sexual abuse material.

Cameron and Tyler Winklevoss, the founders of the cryptocurrency exchange Gemini, on Thursday announced they have donated $2 million in bitcoin to former President Donald Trump’s reelection campaign, citing the Biden administration’s “war against crypto.”

Former President Donald Trump said at a Silicon Valley fundraiser on Thursday that he would be a “crypto president,” while the Biden administration has been staunchly anti-innovation.

Tom Emmer said that pro-crypto lawmakers are beating the “dinosaurs” and “kleptomaniac bureaucrats” like SEC Chairman Gary Gensler.

Former President Donald Trump’s presidential campaign is the first ever from the two major political parties to begin accepting cryptocurrency contributions. Trump’s team announced the novel fundraising method on Tuesday in an emailed press release. Donors can contribute to the

Disgraced former FTX CEO Sam Bankman-Fried said on Tuesday he is “haunted” by his decisions, which led to the collapse of the digital currency exchange and billions of dollars of customers and investors’ funds lost.

Disgraced former FTX CEO Sam Bankman-Fried’s legal team has claimed that customers have lost “zero” dollars despite an estimated $11 billion in customer and investors losses due to Bankman-Fried’s fraud.

Disgraced FTX CEO and Democrat Megadonor Sam Bankman-Fried on Thursday was sentenced to 25 years in jail for fraud after facing up to 100 years in jail.

Disgraced FTX founder and Democrat super donor Sam Bankman-Fried,  who was convicted of fraud and money laundering last year, returns to a New York court Thursday to be sentenced for his crimes.

In a scathing letter to Judge Lewis Kaplan, FTX Trading CEO John Ray alleges that disgraced FTX founder Sam Bankman-Fried made “callously” and “demonstrably false” claims in his sentencing memo to secure a lighter prison term. According to Ray, the harm caused by SBF is “vast” and his remorse is “nonexistent.”

Salvadoran President Nayib Bukele announced on Thursday evening that the Central American country has moved some $400 million worth of Bitcoin cryptocurrency assets to a “cold wallet” secured in a physical vault in the country’s territory.

The FBI’s Internet Crime Complaint Center (IC3) has revealed a staggering increase in financial losses due to cybercrime in the United States, reaching an unprecedented $12.5 billion in 2023. This represents a 22 percent jump in losses over 2022.

Sen. Cynthia Lummis railed against Biden’s “absurd” scheme to survey electricity consumption from the cryptocurrency mining industry.

Two Cleveland-area brothers were indicted on Thursday by federal prosecutors for fraud and money laundering schemes after allegedly posing as members of the United Arab Emirates (UAE) royal family to run a crypto scam and con investors out of millions of dollars.

Tel Aviv-based blockchain analysis company Lionsgate Network has helped the Israeli government recover $90 million in Hamas cryptocurrency since the October 7 attack.

The Maduro regime unceremoniously killed its scam cryptocurrency, the “Petro,” in January.

The United Nations Office of Drugs and Crime (UNODC) released a report on Monday that accused North Korean state-controlled hackers of sharing their shadowy banking and money-laundering networks with scam artists and drug traffickers across Southeast Asia, including Myanmar, Thailand, Laos, and Cambodia.

Sen. Cynthia Lummis (R-WY), a leading advocate for digital currencies, endorsed Ohio Senate Republican candidate Bernie Moreno’s bid to oust the anti-crypto Sen. Sherrod Brown (D-OH).