Arizona man allegedly posed as Uber driver to steal $300K in crypto: Report
Scottsdale detectives and Special Agents from the US Secret Service arrested a man on Dec. 11 for theft, fraud schemes, and money laundering in connection with the crypto heist.
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CFPB leaves crypto wallets out of ‘Larger Participant’ rule
The agency highlighted consumer and industry comments in a 259-page report detailing the final draft of the "Larger Participants" rule.

Market Mostly Trades Sideways as Bitcoin Price Holds Above $10,300
Monday, Sept. 9 — Cryptocurrency markets are largely trading sideways with most changes among the top-20 coins not exceeding 1% on the day.Market visualization. Source: Coin360Bitcoin (BTC) has been trading sideways for the better part of the day and seems to be holding above the $10,300 price mark. The coin saw a low of $10,080 earlier…

Argentines turn to Bitcoin amid inflation worries: Report
In response to surging inflation, Argentina has become an increasingly crypto-friendly country in terms of adoption. 1397 Total views 26 Total shares Since 2016, Argentina has been engaged in a war against inflation. Caused by multiple factors, like a lack of trust in the central bank or government overspending, the depreciation of the Argentinean peso…

Ex-Employee Sues Zcash Operator in $2 Million Lawsuit Over Unpaid Stocks
The company behind cryptocurrency zcash (ZEC) is facing a $2 million legal challenge over unpaid shares, documents originally filed on May 29 confirm.According to the complaint, which appeared at the Superior Court of California for the County of San Francisco, an ex-employee brought the charges after he did not receive $15,000 of stock in 2016.Simon…

Bitcoin’s water consumption: A new environmental threat?
Bitcoin, the world’s leading cryptocurrency, has long been under scrutiny for its environmental impact due to the energy-intensive nature of its mining process. Since its inception in 2008, Bitcoin has never been hacked. Its tight security, provided by its proof-of-work (PoW) consensus mechanism, provides value to the cryptocurrency. PoW, however, is energy-intensive and relies on complex

Crypto VC is struggling only from a North American perspective — Animoca Brands CEO
Speaking with Cointelegraph at the Collision Conference, in Toronto, crypto veteran Yat Siu outlined how crypto firms can cope with unique environments, stressing that it is not "as bad as it sounds". The crypto space has been in an uneven state around the world, with Web3 startups flourishing in the Middle East and Asia, while…

Harvard Economist: Bitcoin’s Future Value More Likely to Be $100 Than $100K
The former chief economist of the International Monetary Fund (IMF) has characterized Bitcoin (BTC) as “a lottery ticket,” in an article for major United Kingdom daily broadsheet The Guardian Dec. 10.Writing in the midst of the recent crypto market price collapse, current Harvard University Professor of Economics and Public Policy Kenneth Rogoff suggested that the…

A trade war misstep? China is vacating crypto battlefield to US banks
At the same time that China has declared war on cryptocurrencies, giant American banks appear to be embracing crypto — evident the final week of July with the news that crypto firm Lukka will provide State Street Bank’s private fund’s clients with digital and crypto asset fund administration services. This follows forays into the crypto…