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    US Sentences 12 in $3.5 Million Cryptocurrency Heist Involving Violent Home Invasions

    by skolnes September 15, 2024
    September 15, 2024

    The U.S. Department of Justice (DOJ) has sentenced 12 individuals for a series of violent home invasions aimed at stealing over $3.5 million in cryptocurrency. The group’s leader received 47 …

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    Bitcoin Investor Faces Prison Time for Underreporting Crypto Gains

    by skolnes September 15, 2024
    September 15, 2024

    A bitcoin investor has pleaded guilty to underreporting his cryptocurrency gains, including $3.7 million from BTC sales, resulting in a tax loss to the Internal Revenue Service (IRS) of over …

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  • Bitcoin News

    Swift Unveils Plan to Integrate Digital Assets and Currencies Into Global Payment Network

    by skolnes September 15, 2024
    September 15, 2024

    Swift has unveiled a plan to enable the movement of digital assets and currencies on its global payment network. The initiative aims to integrate regulated digital currencies into Swift’s platform, …

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  • Bitcoin News

    Robert Kiyosaki Advises Investing in Bitcoin as US Dollar Becomes Trash

    by skolnes September 14, 2024
    September 14, 2024

    Robert Kiyosaki, author of Rich Dad Poor Dad, has criticized the debate over whether bitcoin or gold is better. He stressed that the only facts that matter are how much …

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  • Bitcoin News

    Lawmakers Call on Top 10 Bitcoin ATM Firms to Address Crypto Fraud Concerns

    by skolnes September 14, 2024
    September 14, 2024

    Seven Senate Democrats have called on the 10 largest bitcoin ATM operators in the U.S. to address growing crypto fraud that targets elderly Americans. The lawmakers explained that scammers are …

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  • Bitcoin News

    Kenya Acting to Curb AI Disinformation, President Ruto Says

    by skolnes September 14, 2024
    September 14, 2024

    Kenyan President William Ruto announced measures to prevent artificial intelligence (AI) from spreading disinformation, alongside the launch of the Fifth National Action Plan on Open Government Partnership. The initiative aims …

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  • Bitcoin News

    Tokenizing Supercars to Commodities

    by skolnes September 14, 2024
    September 14, 2024

    In the interview, Rey Fernando Verboonen, co-founder and CEO of Curioinvest, recounted his journey from speculator to builder in the digital asset space. We covered the tokenization of real-world assets …

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  • Bitcoin News

    China Moves to Address Crypto Money Laundering Activities With New Law Draft Revision

    by skolnes September 14, 2024
    September 14, 2024

    China is moving to update its legislation to tackle new money and cryptocurrency money laundering crimes. The Chinese Congress is set to introduce new money laundering concepts in the second …

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  • Bitcoin News

    Former Alameda CEO Caroline Ellison Requests Leniency, Asks for No Prison Sentence

    by skolnes September 14, 2024
    September 14, 2024

    Caroline Ellison, the former CEO of Alameda Research, is seeking leniency in her sentencing for her role in the FTX fraud. Her lawyers have filed a sentencing memorandum emphasizing her …

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  • Bitcoin News

    Meta to Resume Training AI With Data From UK Facebook, Instagram Users

    by skolnes September 14, 2024
    September 14, 2024

    Meta announced it will resume training its artificial intelligence (AI) models using U.K. adult user data to better reflect British culture. This follows a delay due to privacy concerns. Despite …

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