Omer Taha Cetin | Anadolu | Getty Images Bitcoin briefly climbed above $70,000 as investors braced themselves for MicroStrategy earnings and counted the days to the U.S. presidential election. The price of bitcoin was last higher by about 3% at $69,925.00, according to Coin Metrics. At about 6:00 p.m. Eastern on Monday, it touched $70,207.02 … Read more
A unique case of identity theft has emerged, revealing how a determined scammer exploited an online bank’s verification process to steal a $52,000 loan, only to lose the entire sum to a cryptocurrency scam. ABC 7 News’s 7 On Your Side investigative team uncovered the details after receiving an anonymous package from Manila, Philippines. The … Read more
Tokenisation could drive real-time cross-border payments, Ant Group CEO Eric Jing Xiandong told an audience at Hong Kong FinTech Week on Monday, a topic he elaborated on while extolling the progress that Alipay has made in the city. “With tokenised deposits, that’s a really, really, really huge value for cross-border payments,” Jing said in a … Read more
Lois, an 83-year-old San Francisco Bay Area resident, recently lost $50,000 in a sophisticated cryptocurrency scam after falling victim to a “grandson in trouble” ruse. Lois, returning home late on a Friday evening, received a frantic call from a man claiming to have her grandson, stating that he was in trouble. Moments later, another voice, … Read more
Howard Lutnick, CEO of Cantor Fitzgerald and former US President and Republican presidential candidate Donald Trump (L) attend a remembrance ceremony on the 23rd anniversary of the September 11 terror attack on the World Trade Center at Ground Zero, in New York City on September 11, 2024. ADAM GRAY/AFP via Getty Images The man heading … Read more
Chris Larsen, co-founder and chairman of Ripple, contributed nearly $9.9 million to Future Forward in September, in addition to more than $800,000 to the Harris Victory Fund, according to FEC data compiled by the Breadcrumbs crypto market and blockchain analyst James Delmore and independently verified by CNBC. Including Larsen’s August contribution of $1 million worth of … Read more
“Make Bitcoin Great Again” hats displayed for sale at the Bitcoin 2024 conference in Nashville, Tennessee, US, on Saturday, July 27, 2024. Former US President Trump used to be a crypto critic but in recent weeks adopted a much friendlier stance alongside the sector’s emergence as an influential player in the 2024 presidential election through … Read more
U.S. Rep. John Curtis speaks during the Utah Senate primary debate for Republican contenders battling to win the seat of retiring U.S. Sen. Mitt Romney, June 10, 2024, in Salt Lake City. Rick Bowmer | AP SALT LAKE CITY — John Curtis, a Republican congressman from Utah, has become a favorite of the crypto industry … Read more
Marquee at the main entrance to BlackRock headquarters building in Manhattan. Erik Mcgregor | Lightrocket | Getty Images SALT LAKE CITY — A year ago, Samara Cohen believed there was so much pent-up demand for bitcoin that she and her team at BlackRock launched one of the first-ever spot bitcoin exchange-traded products in the U.S. … Read more
Bitcoin prices (BTC) surged over 3% on Wednesday and traded at $65,758 around 12 pm India time. BTC has seen a high traction among investors amid higher inflows coupled with positive sentiments since an assassination attempt at the US presidential candidate Donald Trump, with odds of the former president winning the upcoming election, shooting up. … Read more
