Bitcoin Is… Bitcoin Just Is What?

The Federal Bureau of Investigation (FBI) is warning there has been a rise in fraudulent schemes using cryptocurrency automated teller machines (ATM) and quick response (QR) codes to facilitate payments.The FBI said it has seen an increase in scammers directing victims to use physical crypto ATMs and QR codes to complete payment transactions.Scammers will request…

A new report from the failed crypto exchange FTX’s current leadership says that former FTX US President Brett Harrison resigned last September partly because of a “protracted disagreement” with CEO Sam Bankman-Fried and members of his inner circle.The report, filed Sunday with the U.S. bankruptcy court in Delaware, is FTX CEO John J. Ray III’s…

This article originally appeared in First Mover , CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day . Latest Prices (CoinDesk) Top Stories The crypto market was little changed during the European morning, with the CoinDesk 20 Index (CD20) down by around 0.35%.

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Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Anthony Bufinsky is the head of growth at Arca Labs. Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.In the 1988 movie "Die Hard," a New York City police officer travels to Los…

Cryptocurrency storage provider Zodia Custody said it will offer crypto staking to institutional clients through an agreement with infrastructure provider Blockdaemon.The two firms are attempting to capture the growing institutional interest for staking – the process of offering digital assets to help run a blockchain network in return for rewards – according to an emailed…

Nov 26, 2020 at 8:09 a.m. UTC(Shutterstock/Piotr Swat)OKEx Resumes Withdrawals 5 Weeks After FreezeMalta-based cryptocurrency exchange OKEx has reopened withdrawals five weeks after an abrupt suspension.In a short blog post on Thursday, the exchange announced that it was lifting the freeze at 08:00 UTC and pointed users to a compensation and loyalty program in an…

Aug 4, 2020 at 16:39 UTCUpdated Aug 4, 2020 at 17:23 UTCThe Chicago "bean" (Hari Nandakumar/Unsplash)The Chicago DeFi Alliance (CDA), which includes fintech firms Jump Trading, Cumberland DRW, CMT Digital, Volt Capital and others, is launching one of the first accelerator programs devoted entirely to decentralized finance (DeFi) startups beginning in August. Volt Capital co-founder…

A total of $4.6 million was lost, according to CertiK.The exploit was related to the smart contract's mint function.The token lost more than 99% of its value.00:59Running With Crypto: 5 Questions With TRM Labs' Ari Redbord09:43Hacks Involving North Korea Are 'Even Greater Problem': Legal Experts02:01Breaking Down the State of Hacking in 202400:59Crypto Hack Volumes Fell