A US Navy nuclear engineer and his wife face espionage-related charges after allegedly trying to sell closely held US submarine secrets with other countries for thousands of dollars in cryptocurrency, according to the US Department of Justice.In the case presented by federal prosecutors, the FBI posed as foreign officials to exchange encrypted messages with the…
Tesla CEO Elon Musk has hinted the company may sell – or have already sold – its bitcoin holdings in a Twitter exchange that triggered a sharp fall in the value of the cryptocurrency.After Twitter user @cryptowhale wrote: “Bitcoiners are going to slap themselves next quarter when they find out Tesla dumped the rest of…
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…
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…
If Heather Morgan revealed the alleged secret to her success, the aspiring TikTok business influencer may have had more than nine followers.Ms Morgan, also known as the aspiring rapper Razzlekhan, charged in the massive $4.5bn bitcoin hack of Bitfinex, attempted to follow up her prolific business writing contributions at Forbes Magazine and Inc.com as a…
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 happened to write about sales and marketing advice for Inc. Magazine and Forbes.By side hustle, Dutch, 34, is a dual…
Cryptocurrency leaders were called before Congress to defended Bitcoin as Democrats questioned how the energy-intensive mining was affecting President Joe Biden’s green energy agenda.The Congressional hearing comes after the Environmental Protection Agency blocked two requests to use coal-fired power plants to power bitcoin mining operations.Democrat Diana DeGette opened the hearing, “Cleaning Up Cryptocurrency: The Energy…
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…
For the first time in its history, Sotheby’s will accept cryptocurrencies for a rare pear-shaped diamond which is expected to fetch as much as $15m (£10.9m) at an auction next month.The announcement was made by Sotheby’s auction house on Monday as it said it would be the first time a diamond of such size has…
President Joe Biden will sign an executive order beginning an era of much broader oversight over cryptocurrency in the US in the coming days, which could end up spelling significant changes for the dollar as well.The order is set to be unveiled and signed some time this week, according to Bloomberg News, which first reported…