A security vulnerability in the cryptocurrency hardware wallet Coldcard is allowing hackers to drain the crypto from victims’ wallets. The total losses amount to more than $130 million, according to blockchain-monitoring firms.
Cash App released a slate of new features as part of its fall update, including an AI chatbot that can answer questions about users' finances, a new benefits program, and the ability to discover places that accept Bitcoin payments and make Bitcoin payments using USD.
A global law enforcement coalition targeted the infrastructure of the group behind the Royal and BlackSuit ransomware strains, allegedly responsible for extorting victims out of $370 million since 2022.
Factors contributing to Bitcoin’s surge include the pro-crypto stance of President Trump, which has spurred greater interest from institutional investors.
Elon Musk has officially announced he’s stepping down as a U.S. special government employee and the de facto head of the Department of Government Efficiency, better known as DOGE. The move follows Musk’s cooling relationship with the Trump administration and slumping Tesla sales tied to his political advocacy. Despite his announced departure, Musk gave a [ ]
Getting paid in cryptocurrencies may sound like a bad idea, but this could be an actually useful feature for international contractors. Remote, the company that lets you hire people and manage contractors all around the world, is introducing crypto payouts on Tuesday. Companies based in the U.S. can start paying their contractors with stablecoins in [ ]
Bitcoin prices have been on the rise this year, and the cryptocurrency has reached the $100,000 price point for the first time on Wednesday. The cryptocurrency s price has jumped more than 5% in the last 24 hours. The latest rally began with the election of Donald Trump as president, as he promised a more crypto-friendly [ ]
The Federal Trade Commission (FTC) published a report about increasing fraud at bitcoin ATMs. These ATMs allow people to turn their cash into crypto, but they ve become a tool for scammers to perpetrate fraud. Since 2020, the FTC says, fraud at bitcoin ATMs has ballooned nearly tenfold, and just in the first half of 2024, [ ]
Japanese crypto exchange DMM Bitcoin confirmed on Friday that it had been the victim of a hack resulting in the theft of 4,502.9 bitcoin, or about $305 million. According to crypto security firm Elliptic, this is the eighth largest crypto theft in history. DMM Bitcoin said it detected “an unauthorized leak of Bitcoin (BTC) from [ ]
The company announced that it would start to let customers accept cryptocurrency payments, starting with USDC stablecoins, initially only on Solana, Ethereum and Polygon
Block, the company behind Square, Cash App and other services, announced a new program today allowing merchants using Square s solutions to convert a percentage of their daily sales to bitcoin. The feature, rolling out in the U.S. starting today, will transfer 1-10% of Square sellers daily sales to their personal Cash App account. This amount [ ]
The crypto scene continues to remain so hot that bitcoin is hitting one new high after another. It surpassed $72,700 on Monday. This was initially driven by the approval of spot bitcoin ETFs, but is now being pushed higher ahead of a “halving” event, which will limit the amount of new supply put into circulation [ ]