The Latest Breaking News from Crypto

US Attorney's Office Moves To Recover $2.3M Stolen Crypto In 'Pig Butchering' Scheme

The U.S. government is looking to recover some $2.3 million worth of pilfered cryptocurrencies in a "pig butchering" scam that was initially found to target a Massachusetts resident, but was later found to have also victimized 36 others nationwide.

International Business Times · Mar 14, 2024

Demand for AMD CPUs surges as crypto mining rises from the ashes

Mining some coins became profitable again.

PC Gamer · Mar 14, 2024

Judge Denies Gemini-Genesis Bid To Dismiss SEC Lawsuit Over Crypto 'Earn' Program

The SEC has just scored a win in its lawsuit against Gemini and Genesis over the crypto firms' defunct Earn program that led to a billion-dollar loss for investors when the cryptocurrency market experienced a significant downturn late in 2023.

International Business Times · Mar 14, 2024

Once Bankrupt Core Scientific Mines $1.4B Worth Bitcoin In 2023

Core Scientific has bounced back from its bankruptcy in late 2022 due to the slump in Bitcoin prices to mine Bitcoin worth around $1.4 billion in 2023.

International Business Times · Mar 13, 2024

Binance Confirms 2 Executives Still In Nigeria Amid Two-Week Detainment Report

Binance confirmed Wednesday that two of its executives were still in Nigeria more than two weeks after they flew in to discuss the government's ban on crypto trading platforms.

International Business Times · Mar 13, 2024

El Salvador's Nayib Bukele Hails Country's Millions In Bitcoin Profits

President Nayib Bukele has been a Bitcoin bull for years and continued believing in the cryptocurrency's potential even when prices were in the lows late in 2022.

International Business Times · Mar 13, 2024

Crypto Mixer Bitcoin Fog Founder Found Guilty Of Money Laundering

Roman Sterlingov, which the DOJ accused of operating Bitcoin Fog, has been found guilty of money laundering and other related charges following his 2021 arrest in a case that has raised concerns about law enforcement's conviction methods.

International Business Times · Mar 13, 2024

A new Kobe Bryant statue has multiple errors. It's not the first memorial with typos

Officials say they will correct the misspellings on a recent 19-foot bronze statue of the late Kobe Bryant at Crypto.com Arena. Several other prominent monuments have had similar issues.

WEKU · Mar 12, 2024

Web3 Messaging Platform Beoble's X Account Compromised By Phishing Hackers

Beoble's official X account has been compromised, marking another incident of hacking by actors posting phishing website links on the official handles of crypto companies.

International Business Times · Mar 12, 2024

FDIC Blasts SEC's Controversial SAB 121 Bulletin Targeting Crypto Custodians

The FDIC's vice chair had very sharp words for a staff accounting bulletin of the SEC that has raised concerns about the bulletin's implications on custodial service providers.

International Business Times · Mar 12, 2024