digital currency
Friends accused of torturing pal to steal his cryptocurrency
These guys are accused of taking a “bit” out of crime. A group of young professional men ransacked their pal’s luxury apartment after a night of drinking and forced him...
Cryptocurrency theft hits nearly $1B already this year
Theft of cryptocurrencies through hacking of exchanges and trading platforms soared to $927 million in the first nine months of the year, up nearly 250 percent from the level seen...
Investor swears bitcoin will 'grind back'
Mike Novogratz swears bitcoin is the real deal — despite the cryptocurrency losing nearly 70 percent of its value since it flirted with $20,000 late last year. “This is real....
Judge declares that SEC rules apply to initial bitcoin offerings
A Brooklyn federal judge has issued what could become a defining decision for cryptocurrencies, declaring that SEC rules apply to initial bitcoin offerings. Judge Raymond Dearie's ruling came as he...
Winklevoss twins get approval for dollar-pegged cryptocurrency
The Winklevoss twins have won regulatory approval for a new cryptocurrency that’s pegged to the US dollar. The “Gemini dollar” is a bitcoin-like digital currency that allows users to trade...
Man admits to $1.8M crypto heist, gets 10 years in prison
The mastermind of a $1.8 million cryptocurrency heist admitted to the robbery Wednesday in exchange for a decade in prison. Louis Meza, 35, copped to first-degree grand larceny and second-degree...
Who's paying in bitcoin at small businesses now?
I was getting my car washed the other day and there was a sign: “We accept bitcoin.” Bitcoin! For a $15 car wash! So I asked the cashier. She looked...
Police believe 'Russian treasure ship' was a cryptocurrency scam
The sunken wreck is real: the century-old Imperial Russian Navy cruiser Dmitri Donskoi is sitting on the bottom of the ocean off the coast of South Korea. But its gold-bullion...
High Times accepting cryptocurrency for IPO
Hightimes Holdings has apparently dodged a bullet as one of its key lenders is going to extend a deadline for an $11.5 million debt payment that is due on Aug....
NYSE parent launches digital currency exchange
Bitcoin is coming to the Big Board — sort of. The parent company of the New York Stock Exchange is pushing for digital currencies to reach the investing mainstream through...
Salon Media's cryptocurrency 'solution' hasn't erased losses
Salon Media’s innovative plan to use its readers’ computers to mine for cryptocurrency hasn’t gotten the digital news pioneer out of financial trouble just yet. Back in late June, the...
Valedictorian allegedly stole $2M in digital currency by hacking cell phones
LOS ANGELES — A Massachusetts college student who was named his high school's valedictorian for his savvy tech skills hacked into unsuspecting investors' personal cellphones, email and social media accounts...
Cryptocurrency king is hippie former child actor who loves Steve Bannon
Twenty-six men and women are seated along four folding tables laid end to end in the ballroom of a former Masonic lodge in Old San Juan, Puerto Rico. An eclectic...
Twitter finally shutting down 'Elon Musk' cryptocurrency scammers
Anyone who’s made the mistake of wading into the unfiltered cesspool of an Elon Musk tweet’s replies will have noticed how bad the crypto-currency scams have become in the last...
App turns gold into a digital currency
Chances are you’re not lugging a heavy, gold brick into a coffee shop to buy your daily cup of joe. But one financial technology company based in London is making...
Watch out for bitcoin criminals
Let me give you a consumer alert that I can’t fully explain right now. If anyone — especially people selling a service — asks you to pay in bitcoin, run...
You can pay with bitcoin to see this movie
At first glance, “No Postage Necessary” seems a bit of a throwback: The new indie comedy is shot on 35mm film, an artifact of cinema now used by only a...
Why bitcoin may soon be worth nothing
I thought we’d finally get rid of bitcoin. But the fake “currency,” which I like to call bitcon, just won’t fade away. Bitcoin’s price rallied to over $6,600 yesterday, but...
Bank of International Settlements says bitcoin is not a trustworthy currency
Bitcoin doesn’t cut it as a currency. The problem with the cryptocurrency and its brethren is that they are not scalable and are more likely to suffer a breakdown in...
Bitcoin's record price was artificially manipulated, research claims
Bitcoin soared 488 percent over 13 months ended March 31, captivating both Wall Street pros and millions of Main Street investors. But roughly half of the incredible run-up in value...