A South Korean man accused of being responsible for a cryptocurrency crisis which cost investors $40bn (£31.8bn) has finally been extradited to the United States. Do Kwon was the boss…
Tag: Cryptocurrency
S Korea: Crypto-boss Do Kwon to be extradited to US
South Korean cryptocurrency entrepreneur Do Kwon will be extradited to the United States from Montenegro over the collapse of two digital tokens – TerraUSD and Luna tokens. For months, the…
N Korea: Hackers stole $1.3bn of crypto this year – report
A total of $2.2bn (£1.76bn) in cryptocurrencies has been stolen this year, with North Korean hackers accounting for more than half that figure, according to a new study. Research firm…
USA: Bitcoin hits new record high of more than $106,000
Bitcoin has surged to a new record high, extending a rally that has seen the cryptocurrency’s price rise by more than 50% since Donald Trump’s victory in the 5 November…
USA: Bitcoin surges past $100k for first time
The price of Bitcoin has for the first time broken past the $100,000 mark, hitting a new record high.The value of the world’s biggest cryptocurrency has been boosted by hopes…
USA: Celsius founder Alex Mashinsky pleads guilty to two fraud counts
Alex Mashinsky, the founder and former CEO of cryptocurrency lender Celsius Network, has pleaded guilty in the United States to two counts of fraud.Mashinsky, 59, was indicted on July 13,…
China: Crypto entrepreneur eats banana artwork bought for $6.2m
A Chinese-born cryptocurrency entrepreneur has followed through on his promise to eat the banana from a $6.2m (£4.9m) artwork he bought last week. Justin Sun outbid six others to claim Maurizio…