In his years as a US federal agent, Tigran Gambaryan helped to lead landmark investigations that took down cryptocurrency thieves and money launderers, dark-web drug dealers, and even crypto-funded child exploitation networks. Now, in his post-government role at the cryptocurrency exchange Binance, he has become the target himself of a very different sort of federal … Read more
Chesnot | Getty Images News | Getty Images Bitcoin prices rallied on Monday to hit a fresh record high above $71,000, after the British financial watchdog said it would allow institutions to file applications for cryptocurrency-linked exchange-traded products for the first time. The Financial Conduct Authority said in a notice Monday that it would not … Read more
The price of bitcoin jumped to a new record on Friday, breaking through $70,000 for the first time ever. The cryptocurrency gave back its gains from the spike and was last lower by more than 1% at $66,943.70, according to Coin Metrics. At one point, however, it rose as high as $70,170.00, topping its previous … Read more
Others argue the state’s strategy of paying Bitcoin miners not to mine when the grid is under heavy load is nonsensical. “The most important thing a regulator can do is match assets and liabilities—match supply and demand,” says Ed Hirs, an energy fellow at the University of Houston. With the deterioration of the state’s fleet … Read more
Executive Chairman and CEO of Microsoft Corporation Satya Nadella attends a session during the 54th annual meeting of the World Economic Forum in Davos, Switzerland, on Jan. 16, 2024. Denis Balibouse | Reuters Microsoft is accusing The New York Times of “unsubstantiated” claims in the publisher’s lawsuit filed in December against OpenAI, a case that … Read more
Jaap Arriens | NurPhoto | Getty Images Bitcoin has reached a new all-time high for the first time in more than two years, as this year’s rally — fueled by excitement over bitcoin ETFs and the upcoming halving event — accelerated. The price of the cryptocurrency topped $69,210 on Tuesday morning before retreating, according to … Read more
Jaap Arriens | NurPhoto | Getty Images The price of bitcoin rose to start the week, edging even closer to its all-time high after the rally took a breather over the weekend. The flagship cryptocurrency was last higher by nearly 6% at $66,515.50, according to Coin Metrics. Earlier, it rose to as much as $66,617.06, … Read more
Andrea Gacki, director of the Office of Foreign Assets Control (OFAC) of the U.S. Department of the Treasury, appears onscreen during the Chainalysis Links conference in New York, US, on Thursday, May 19, 2022. Bloomberg | Bloomberg | Getty Images Sanctioned entities, like those linked to North Korean hacking groups and U.S.-designated terrorist organizations such … Read more
Sam Bankman-Fried, co-founder of FTX Cryptocurrency Derivatives Exchange, arrives at court in New York, US, on Thursday, Feb. 16, 2023. Stephanie Keith | Bloomberg | Getty Images Lawyers for Sam Bankman-Fried are asking a judge for a relatively short sentence like “junk bond king” Michael Milken instead of the 100 years that a presentence investigation … Read more
Bitcoin continued its surge on Wednesday, shooting above $60,000 for the first time since November 2021. The price of the flagship cryptocurrency was last higher by 6% at $60,391.10, according to Coin Metrics. Earlier, it rose as high as $60,734.42. It’s sitting just below its all-time high of $68,982.20. Stock Chart IconStock chart icon Bitcoin, … Read more