Police Arrest Hackers Alleged in $87 Million Crypto Theft

Jan 3, 2020 at 21:55 UTCUpdated Jan 3, 2020 at 21:56 UTCSEC image via ShutterstockThe U.S. Securities and Exchange Commission (SEC) has reached a settlement with fintech firm Longfin’s CEO, Venkata S. Meenavalli, on charges of fraud.According to an SEC press release Friday, Meenavalli has agreed to pay $400,000 in both disgorgement and penalties related…

Ryan Salame, a top FTX executive who reportedly played a key role in the exchange’s political fundraising operations, pleaded guilty on Thursday to federal criminal charges tied to the exchange’s collapse.The guilty plea comes less than a month before the trial of Sam Bankman-Fried, the FTX founder, is set to begin. Bankman-Fried, who has pleaded

At least five BitTorrent employees have left BitTorrent due to disagreements related to its acquisition by Tron founder Justin Sun.

news The company behind the privacy-minded cryptocurrency zcash has revealed that it fixed a catastrophic code bug last year that could have been used to print infinite coins. According to a report published Tuesday, zcash cryptographer Ariel Gabizon discovered a “subtle” bug a little less than a year ago in zk-SNARKS, the bleeding-edge cryptography the…

Jul 22, 2020 at 11:32 UTCThe South Korean government has proposed obliging crypto investors to pay more than a fifth of their profits to the state. The Ministry of Economy and Finance tabled a proposal Wednesday to introduce a 22% tax –including the 2% local income tax – on crypto trading profits above 2.5 million…

Jan 13, 2020 at 11:20 UTCViewBitcoin jumped more than 11 percent last week, confirming a falling channel breakout (bullish reversal) on the weekly chart. The breakout has opened the doors for a re-test of October highs above $10,000. For the next 24 hours, the focus is on $8,200, a level that has proved a tough…

news Update (12:10 UTC, March 7): This article has been updated with statements from a SETL press release received after publication. — London-based blockchain infrastructure company SETL has filed for insolvency, CoinDesk has learned. The news – revealed in a notice of insolvency filed today with the U.K. authorities – comes as something of a shock given that,…

The FSB said it will continue spearheading crypto policy efforts in 2024.The body plans to release reports on crypto, tokenization and AI, and ensure its global regulatory framework for crypto is implemented.Crypto assets, tokenization and artificial intelligence (AI) remain priorities for monitoring by the Financial Stability Board, which keeps an eye on the global financial

Featured SpeakerAlex ThornHead of Firmwide ResearchGalaxyHear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at Consensus 2023.Jocelyn Yang is a markets reporter at CoinDesk. She is a recent graduate of Emerson College's journalism program. Featured SpeakerAlex ThornHead of Firmwide ResearchGalaxyHear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at…