Speakers at the Bitcoin Amsterdam 2024 conference exposed how flawed academic studies on Bitcoin fuel misinformation, affect media coverage and lead to misguided policies. Speakers at the Bitcoin Amsterdam 2024 conference have highlighted the far-reaching consequences of misinformation in academic research on Bitcoin. During the “Beyond Resistance Money” panel discussion on day two of the...Continue Reading

Nikolas Gierczyk alleged that the hedge fund that bought his FTX claims refused to honor an agreement allowing additional recovery of his funds.  An FTX customer is suing hedge fund Olympus Peak, alleging the firm owes him additional recovery after he sold his claims in the collapsed trading platform. Nikolas Gierczyk, an FTX user from...Continue Reading

Stripe introduces USDC payments, marking a significant moment for crypto adoption as stablecoin transactions see global demand. Stripe, a major payments provider, saw users from 70 countries adopt its newly launched stablecoin payment option on the first day of its rollout, highlighting strong global demand for alternative payment solutions. Stripe was the first major payment...Continue Reading

Bitcoin’s largest whales are in clear accumulation mode while speculators stage knee-jerk sell-offs at a loss. Bitcoin (BTC) whales continue to “buy the dip” as BTC price weakness sees a dip below $60,000. Data from onchain analytics platform CryptoQuant uploaded to X by contributor Axel Adler Jr. on Oct. 11 shows that whales have accumulated...Continue Reading

The new AI-powered tool, customized specifically to target crypto exchanges and financial platforms represents “a new level of sophistication” in fraud, says cybersecurity firm Cato.  A new AI-powered deepfake tool called ProKYC that allows nefarious actors to bypass high-level KYC measures on crypto exchanges demonstrates a “new level of sophistication” in crypto fraud, says cybersecurity...Continue Reading

A previous case brought by Josh and Jessica Jarrett was dismissed in 2022 after the IRS conceded to refund some of the tax paid.  Tezos network stakers Josh Jarrett and his wife Jessica Jarrett have again filed a lawsuit against the Internal Revenue Service over its tax treatment of their tokens. In the fresh Oct....Continue Reading

Prosecutors said Bitfinex hacker Heather Morgan should receive a lenient jail sentence as she provided “substantial assistance” to the government. United States prosecutors want Heather Morgan, also known as the rapper “Razzlekhan,” to spend 18 months in jail for her role in laundering 120,000 Bitcoin stolen from the crypto exchange Bitfinex in 2016.  In an...Continue Reading

Fidelity said personal information was stolen in a recent data breach but stressed that its customer accounts weren’t affected. Crypto exchange-traded fund (ETF) issuer Fidelity Investments confirmed a data breach compromised the personal information of over 77,000 of its customers. On Oct. 9, Fidelity filed with Maine’s Attorney General stating that 77,099 of its customers...Continue Reading

The XRP token is already regulated as a commodity and the SEC “duplicates and compounds the regulatory burden” by saying it’s a security, Bitnomial said in a lawsuit. Crypto exchange Bitnomial has sued the United States Securities and Exchange Commission and its five commissioners, accusing the agency of “overextending its jurisdiction over digital assets” by...Continue Reading

A group of NFT holders sued the creators of the collection, claiming they made no significant steps to fulfill promised perks and had no knowledge of blockchain.  A group of 36 non-fungible token (NFT) holders have sued an art gallery and artist who made their NFTs, claiming they failed to follow through on a metaverse-based...Continue Reading