Cash News Hong Kong police were called to a cryptocurrency exchange store in Mong Kok on Saturday after a woman said she had been scammed out of about HK$93,000 (US$11,970) worth of virtual currency by a man she met online. A source said the 26-year-old woman had met a man on social media who claimed […]
Cash News A government-controlled wallet that had been drained of $20 million on Thursday received most of its funds back Friday, adding another layer of mystery to transactions flagged by blockchain analysts as likely being connected to a high-profile theft. The pseudonymous blockchain sleuth ZachXBT had said in a tweet Thursday that the transfers resembled […]
Cash News One of the problems of Ethereum, or any blockchain, is that it grows in size over time. This means an increase in the complexity of its code and its storage requirements. A blockchain must retain all the data throughout its history which needs to be stored by all clients and downloaded by new […]
Cash News Aligning themselves with the tax reporting rule on digital currency enacted by the European Union (EU), the Netherlands revealed its intention to apply tax monitoring rules on crypto. The Dutch government, an EU member, is obliged to accept and apply the new reporting requirement, a structure meant to assist EU member states in controlling […]
Cash News A group of victims is preparing a lawsuit against crypto exchange WazirX following the $235 million hack. Thirty victims of the July 18 hack on WazirX, which saw roughly 45% of user funds drained from the platform’s hot wallet, are preparing to file a class-action lawsuit with the National Consumer Disputes Redressal Commission […]
Cash News Coinbase has struck a deal with the Golden State Warriors NBA team, the latest sign that digital asset companies are taking a fresh look at the value of U.S.-based sports marketing deals—and that teams and leagues are keen on such deals after many were burned in the wake of FTX’s collapse. As part […]
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Cash News Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. Both the S&P 500 and Dow broke their six-week winning streaks, with the S&P 500 down nearly 1% and the Dow falling 2.7% for the week. Meanwhile, the Nasdaq marked […]
Cash News After trading down or sideways for much of the past seven months, Bitcoin (CRYPTO: BTC) may finally be ready for a major breakout. The investment firm Bernstein has just released a report detailing all the reasons it thinks Bitcoin could hit a new all-time high of $200,000 by the end of 2025. Based […]
Cash News Crypto has more allies than ever in Washington D.C. Getty Images Crypto has made headlines as the 2024 Presidential Election enters the final hectic stretch, but that has overshadowed the wide-ranging influence that crypto lobbyists and lobbying dollars will have on the next Congress. With over $160 million spent by the crypto industry […]