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Computer Scientist Faces Court Contempt Notice Over $1.2 Trillion Lawsuit
An Australian computer scientist who claimed he invented bitcoin was on Friday accused of contempt of court after he filed a 911 billion-pound ($1.18 trillion) lawsuit against Twitter founder Jack Dorsey's payments firm Block in Britain.
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Jack Dorsey Pledges $5 Million Towards Growth, Development of Bitcoin Ecosystem: Details
The Bitcoin blockchain ecosystem still has a margin to compete with the likes of other popular blockchains like Ethereum, Solana, and Polygon. Former Twitter CEO Jack Dorsey has decided to pledge $5 million (roughly Rs. 41 crore) to support the development of the overall Bitcoin ecosystem. Previously also, Dorsey has donated funds to grow the Bitc...
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Bitcoin Pizza Day 2023: How BTC was Used to Buy a Real-World Commodity for First Time
Thirteen years ago, on May 22, 2010 — Bitcoin was used for the first time to buy a real-world commodity — pizza. To commemorate the use of Bitcoin for a real-world purchase May 22 is marked as Bitcoin Pizza Day. Industry players like Binance and CoinDCX have also chalked out unique plans to engage with Bitcoin enthusiasts to celebrate the anniv...
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Satoshi Nakamoto Could Be 48, Birth Date of Anonymous BTC Creator Believed to Be Hint for Historical Event
On April 5, the age of Nakamoto increased by one year on the P2P Foundation profile page dedicated to the BTC founder. While it's unclear if this information is accurate or not, it did catch the attention of the members of the crypto community who have wished the BTC founder a happy birthday.
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Bitcoin, Ether Tumble After Fresh Case Engulfs Binance in Legal Trouble in US
The overall crypto market cap dropped by over three percent in the last 24 hours. Majority altcoins including Ether, Solana, Polkadot, and Polygon followed Bitcoin on the loss-trail. The legal issues impacting industry players like Binance, Coinbase, and Tron founder Justin Sun have contributed to the drops in the values of majority cryptocurrencie...
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Sam Bankman-Fried's Ban on Contacting FTX Employees Using Encrypted Messages Gets Extended
A USÂ judge on Thursday extended a ban on FTX cryptocurrency exchange founder Sam Bankman-Fried's ability to contact employees of companies he once controlled and use encrypted messaging technology while out on bail awaiting trial on fraud charges. USÂ District Judge Lewis Kaplan on February 1 had temporarily barred Bankman-Fried from contacting an...
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HashFlare Founders Arrested in Estonia for $575 Million Crypto Fraud Scheme
Founders of the Bitcoin cloud miner platform HashFlare were arrested in Estonia this week for alleged wire fraud and money laundering. Sergei Potapenko and Ivan Turõgin, the creators behind HashFlare, were charged by the US District Court in Seattle for reportedly running a cryptocurrency fraud scheme and scamming investors.
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Instagram Account of Pakistan's Imran Khan Briefly Hacked
The Instagram account of Pakistan's former Prime Minister Imran Khan was briefly hacked on Monday by crypto scammers who shared a post lauding Tesla Motors Founder Elon Musk for "donating" three bitcoins, according to media reports.
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Will India’s Crypto Tax Put a Dent in Innovation and Growth of the Emerging Sector?
On this week's episode of Gadgets 360 podcast Orbital, host Akhil Arora discusses the impact of crypto tax and TDS on the exchanges and investors, with Rajagopal Menon, Vice President of crypto exchange WazirX, and Gaurav Mehta, founder of crypto tax consultancy Catax.
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Bitcoin Has No Future As Payments Network, says FTX's Billionaire Chief: Report
Cryptocurrency exchange FTX's founder has said that bitcoin has no future as a payments network and criticized the digital currency for its inefficiency and high environmental costs, the Financial Times reported on Monday.
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Do Kwon, "King Of The Lunatics", Becomes Bitcoin's Most-Watched Whale
Back in 2016, when Do Kwon was just a little-known startup founder with grand ambitions of bringing free internet to all, he noticed his research on distributed networks kept bringing up stuff on Bitcoin and Ethereum.
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Heavy Tax On Cryptocurrency Better Than Outright Restriction: Crypto Firm Founders
While a heavy tax is not ideal, it is better than outright restricting transactions that can benefit the population
-
‘In History, They’ve Outlawed Gold’: Billionaire Ray Dalio Says World Governments Could Boycott Bitcoin
Ray Dalio, the founder of Bridgewater Associates, has said that governments around the world could just boycott the use of Bitcoin. Drawing parallels with historical events, Dalio has said several governments had outlawed gold and silver in previous years.
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Billionaire Investor Paul Tudor Jones Says Bitcoin Is a Better Hedge Against Inflation Than Gold
Paul Tudor Jones, the founder of asset management firm Tudor Investment Corp, said in an interview that Bitcoin is currently his preferred hedge against inflation.
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Elon Musk Says 'Super Important for Doge Fees to Drop' in Response to AMC Accepting Dogecoin
Elon Musk's interest in Dogecoin is no secret. In fact, he had even declared that he wants to put the cryptocurrency on the Moon. Now, Musk had presented another take on Dogecoin, sending ripples across Twitter. The SpaceX and Tesla founder has declared on the microblogging site that the Dogecoin handling fees should be reduced to make purchases su...
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Computer Scientist Faces Court Contempt Notice Over $1.2 Trillion Lawsuit
An Australian computer scientist who claimed he invented bitcoin was on Friday accused of contempt of court after he filed a 911 billion-pound ($1.18 trillion) lawsuit against Twitter founder Jack Dorsey's payments firm Block in Britain.
-
Jack Dorsey Pledges $5 Million Towards Growth, Development of Bitcoin Ecosystem: Details
The Bitcoin blockchain ecosystem still has a margin to compete with the likes of other popular blockchains like Ethereum, Solana, and Polygon. Former Twitter CEO Jack Dorsey has decided to pledge $5 million (roughly Rs. 41 crore) to support the development of the overall Bitcoin ecosystem. Previously also, Dorsey has donated funds to grow the Bitc...
-
Bitcoin Pizza Day 2023: How BTC was Used to Buy a Real-World Commodity for First Time
Thirteen years ago, on May 22, 2010 — Bitcoin was used for the first time to buy a real-world commodity — pizza. To commemorate the use of Bitcoin for a real-world purchase May 22 is marked as Bitcoin Pizza Day. Industry players like Binance and CoinDCX have also chalked out unique plans to engage with Bitcoin enthusiasts to celebrate the anniv...
-
Satoshi Nakamoto Could Be 48, Birth Date of Anonymous BTC Creator Believed to Be Hint for Historical Event
On April 5, the age of Nakamoto increased by one year on the P2P Foundation profile page dedicated to the BTC founder. While it's unclear if this information is accurate or not, it did catch the attention of the members of the crypto community who have wished the BTC founder a happy birthday.
-
Bitcoin, Ether Tumble After Fresh Case Engulfs Binance in Legal Trouble in US
The overall crypto market cap dropped by over three percent in the last 24 hours. Majority altcoins including Ether, Solana, Polkadot, and Polygon followed Bitcoin on the loss-trail. The legal issues impacting industry players like Binance, Coinbase, and Tron founder Justin Sun have contributed to the drops in the values of majority cryptocurrencie...
-
Sam Bankman-Fried's Ban on Contacting FTX Employees Using Encrypted Messages Gets Extended
A USÂ judge on Thursday extended a ban on FTX cryptocurrency exchange founder Sam Bankman-Fried's ability to contact employees of companies he once controlled and use encrypted messaging technology while out on bail awaiting trial on fraud charges. USÂ District Judge Lewis Kaplan on February 1 had temporarily barred Bankman-Fried from contacting an...
-
HashFlare Founders Arrested in Estonia for $575 Million Crypto Fraud Scheme
Founders of the Bitcoin cloud miner platform HashFlare were arrested in Estonia this week for alleged wire fraud and money laundering. Sergei Potapenko and Ivan Turõgin, the creators behind HashFlare, were charged by the US District Court in Seattle for reportedly running a cryptocurrency fraud scheme and scamming investors.
-
Instagram Account of Pakistan's Imran Khan Briefly Hacked
The Instagram account of Pakistan's former Prime Minister Imran Khan was briefly hacked on Monday by crypto scammers who shared a post lauding Tesla Motors Founder Elon Musk for "donating" three bitcoins, according to media reports.
-
Will India’s Crypto Tax Put a Dent in Innovation and Growth of the Emerging Sector?
On this week's episode of Gadgets 360 podcast Orbital, host Akhil Arora discusses the impact of crypto tax and TDS on the exchanges and investors, with Rajagopal Menon, Vice President of crypto exchange WazirX, and Gaurav Mehta, founder of crypto tax consultancy Catax.
-
Bitcoin Has No Future As Payments Network, says FTX's Billionaire Chief: Report
Cryptocurrency exchange FTX's founder has said that bitcoin has no future as a payments network and criticized the digital currency for its inefficiency and high environmental costs, the Financial Times reported on Monday.
-
Do Kwon, "King Of The Lunatics", Becomes Bitcoin's Most-Watched Whale
Back in 2016, when Do Kwon was just a little-known startup founder with grand ambitions of bringing free internet to all, he noticed his research on distributed networks kept bringing up stuff on Bitcoin and Ethereum.
-
Heavy Tax On Cryptocurrency Better Than Outright Restriction: Crypto Firm Founders
While a heavy tax is not ideal, it is better than outright restricting transactions that can benefit the population
-
‘In History, They’ve Outlawed Gold’: Billionaire Ray Dalio Says World Governments Could Boycott Bitcoin
Ray Dalio, the founder of Bridgewater Associates, has said that governments around the world could just boycott the use of Bitcoin. Drawing parallels with historical events, Dalio has said several governments had outlawed gold and silver in previous years.
-
Billionaire Investor Paul Tudor Jones Says Bitcoin Is a Better Hedge Against Inflation Than Gold
Paul Tudor Jones, the founder of asset management firm Tudor Investment Corp, said in an interview that Bitcoin is currently his preferred hedge against inflation.
-
Elon Musk Says 'Super Important for Doge Fees to Drop' in Response to AMC Accepting Dogecoin
Elon Musk's interest in Dogecoin is no secret. In fact, he had even declared that he wants to put the cryptocurrency on the Moon. Now, Musk had presented another take on Dogecoin, sending ripples across Twitter. The SpaceX and Tesla founder has declared on the microblogging site that the Dogecoin handling fees should be reduced to make purchases su...
