Unstoppable Scams? Ethereum’s Gambling Problem Is Only Getting Worse

“At the point something becomes a Ponzi scheme, we have lost our jurisdiction,” a regulator told Bloomberg. Jan 27, 2021 at 2:06 p.m. UTCUpdated Jan 27, 2021 at 2:32 p.m. UTCSouth African Regulator Seeks More Crypto Powers After Alleged Ponzi Schemer’s CollapseSouth Africa’s financial market regulator is seeking greater oversight of the cryptocurrency trading industry…

Bitcoin approached $50,000 on Monday, but failed to break through that level, according to CoinDesk Indices data.Sell orders placed on Binance and Coinbase indicate profit-taking.Bitcoin (BTC) extended its rally Monday, attempting to break through the $50,000 price level for the first time in more than two years, but selling pressure on crypto exchanges capped prices.Spot

FTX founder Sam Bankman-Fried filed pretrial motions to dismiss a majority of the charges he faces on various grounds late Monday.Bankman-Fried, who is set to go to trial this upcoming fall, faces over a dozen different charges ranging from wire, securities and commodities fraud allegations to bribery claims brought across multiple superseding indictments tied to…

The core ethos of Bitcoin is to create a fairer and more accessible monetary system for the billions of people worldwide who do not have access to traditional banking services.Here in El Salvador, most unbanked people are hand-to-mouth and utilize only cash; they spend what they earn on food or shelter soon after they receive…

The Las Vegas company has agreed a direct offering of 12.5 million shares of common stock at $20 per share.Jan 13, 2021 at 11:36 a.m. UTCUpdated Jan 13, 2021 at 11:40 a.m. UTCBitcoin Miner Marathon to Raise $250M in Direct Stock OfferingBitcoin mining company Marathon Patent Group (MARA) shares were down after the Nasdaq-listed firm…

Cryptocurrency traders are withdrawing funds from crypto exchange Binance as the U.S. Securities and Exchange Commission (SEC) sued the company and its CEO Changpeng “CZ” Zhao for violating federal securities law on Monday.Blockchain data shows that the exchange endured some $231 million in net outflows over the past hour, according to blockchain intelligence platform Nansen.Traders…

Story Protocol, a blockchain-based IP-tracking platform, has partnered with the AI startup Ritual to let builders create AI models and track their outputs on-chain.Story Protocol raised more than $54 million last year from the likes of Andreessen Horowitz and Paris Hilton's 11:11 media, and it is currently still in beta testing on Etheruem.The first initiative

Copper is interviewing candidates to replace CEO Dmitry Tokarev, who is stepping aside to assume a founder's role at the company. Last month, executives Boris Bohrer-Bilowitzki and Mike Milner left to join blockchain firm Concordium. 02:27 An HBO Documentary Is Set to Reveal Satoshi's Identity; U.S. Added Blowout 254K Jobs in September 00:58 Should You

Several days of mostly quiet price action came to a fast end during U.S. trading hours Thursday afternoon, with cryptocurrencies suddenly plunging and sending bitcoin (BTC) to its weakest level since just after the early August market panic. At press time, bitcoin was changing hands at $57,700, down nearly 3% from its price just about