Uber’s former security boss found guilty of criminal obstruction over data hack October 6, 2022 Uber’s former head of security has been found guilty of criminal obstruction for failing to tell US authorities about a 2016 database hack. The breach impacted 57 million Uber records and 600,000 driving-licence numbers, and led to former top dog Joe Sullivan to be fired in 2017. The San Francisco jury convicted Sullivan this week of [...]
Cryptocurrency markets struggle again as debt ceiling deal fails September 29, 2021 The prices of Bitcoin and other major cryptocurrencies are largely flat over the last 24 hours, though still down slightly from before Friday’s news about China.
Crypto overtaking world’s most valuable company, proves doubters are wrong October 14, 2021 Crypto AM columnist Nigel Green points to five reasons why the Bitcoin bashers have got it wrong about cryptocurrency.
IMF Explains Crypto as Tether Surpasses Bitcoin and Paypal’s Daily Transfer Value September 1, 2020 This week CryptoCompare data shows the price of Bitcoin (BTC) started testing the $12,000 area once again, but moved back down below $11,200 during a correction. Since then, thanks to the Federal Reserve’s new attitude towards inflation, it has been moving up and is now trading at $11,600. Ether (ETH), the second-largest cryptocurrency by market [...]
Bitcoin breaks past $10,000 for first time in two months July 27, 2020 Bitcoin jumped past the $10,000 mark for the first time in almost two months this morning, after several weeks of trading in narrow ranges. In addition to suffering pricing blows due to the economic fallout from the coronavirus outbreak, the cryptocurrency went through its third so-called halving on 11 May, which cut the rewards given [...]
SEC’s crackdown is a positive opportunity for crypto June 12, 2023 We’re now in a new world and the cryptoverse needs to get over seeing the ‘red mist’ with the SEC, warns Nigel Green.
Law Commission Breaks New Ground on Crypto August 1, 2022 The consultation on digital assets by the Law Commission is a seminal work and examines fundamental questions. The consultation, together with the Law Commission’s response, will likely serve as a legal textbook for the foreseeable future. In the last few years, we have only had semi-official guidance and a handful of superficial court decisions to [...]
Bitcoin addresses surge as volatility drops to 15-month low July 7, 2020 This week the price of Bitcoin (BTC) started trading around $9,150 and quickly moved up to $9,250. The cryptocurrency’s price then plummeted again making it clear its range narrowed down from $9,000 to $10,000 to its lower end. Ether (ETH), the second-largest cryptocurrency by market capitalization, started the week trading close to $224 but over [...]
India poised to ban private crypto ownership with stringent bill November 24, 2021 India’s government said late last night that it would reintroduce a bill which could ban most crypto ownership and establish a CBDC.
Crypto market rocked by FTX near-collapse November 9, 2022 The cryptocurrency market has plunged in value today as it reels from the near-collapse of one of the biggest exchanges, FTX, last night.