Twitter is cringing after a TV commercial starring Matt Damon compared trading cryptocurrency to mankind’s greatest achievements.In the ad, which aired during Sunday night’s NFL games, Mr Damon makes an abstract plug for crypto.com – a platform for exchanging digital currencies like Bitcoin – while striding past images of explorers and astronauts.“History is filled with…
Colonial Pipeline paid nearly $5m to ransomware group DarkSide following a cyberattack that forced the company to shut down its pipeline for six days, Bloomberg reports. Initial reports indicated that the Georgia-based company had no intention to pay the extortion fee while it attempted to restore full service to its operating system. But multiple sources…
With digital and cryptocurrency still in their relative infancy, the potential to disrupt traditional banking norms is still unclear.Elizabeth Warren believes that digital currency has the potential to bypass the big banks and reach Americans who are unbanked or underbanked — estimated to be some 14 million people. A digital currency has no physical notes…
The Trump family has said that “legal action will be taken” against a cryptocurrency using their name. Eric Trump made the threat on Monday afternoon, tweeting: “Fraud Alert: It has come to our attention that someone is promoting a crypto currency called “TrumpCoin” (Symbol “TRUMP.”) This has nothing to do with our family, we do…
A court battle over billions of dollars worth of the Bitcoin is set to begin on 1 November, but for some cryptocurrency fans the case's real draw is the potential answer to a years old question: Who is Satoshi Nakamoto? The case of Kleiman v Wright pits Australian computer scientist Craig Wright – who claims…
The wife of a former Navy engineer has pleaded guilty to helping him sell nuclear submarine secrets to what he believed was a foreign government.Diana Toebbe and Jonathan Toebbe initially pleaded not guilty following their arrest last year, the culmination of an alleged scheme in which he traded Virginia-class nuclear submarine secrets – hidden in…
The "Big Short" investor, Michael Burry, returned to Twitter after deleting all of his posts to warn cryptocurrency and meme stock investors that the "mother of all crashes" could be on its ways, costing them tens of millions or trillions of dollars. Mr Burry made his name by betting against the housing market after predicting…
Melania Trump expressed her support for Bitcoin during the 13th anniversary of its launch, weeks after she launched her own non-fungible token (NFT) endeavour.In a tweet, Ms Trump noted that Bitcoin had surpassed $1 trillion (£742.3bn) in market value.“It is widely reported that Bitcoin’s market cap exceeds USD$1 Trillion. Today marks the 13th anniversary of…
By day, Ilya Lichtenstein is the founder of blockchain start-up Endpass, a crypto wallet to "stop fraud and terrorism" in the global fight against identity theft.Wife Heather Morgan is the tech company’s CEO, who also happens to write about sales and marketing advice for Inc. Magazine and Forbes.By side hustle, Dutch, 34, is a duel…
Twitter is cringing after a TV commercial starring Matt Damon compared trading cryptocurrency to mankind’s greatest achievements.In the ad, which aired during Sunday night’s NFL games, Mr Damon makes an abstract plug for crypto.com – a platform for exchanging digital currencies like Bitcoin – while striding past images of explorers and astronauts.“History is filled with…