RSSAmplifier

Blog

Bitcoin | TechCrunch

Startup and Technology News

techcrunch.comRSS feed ↗20 posts

Latest posts

Hackers steal over $130M by exploiting bug in offline hardware wallets

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.

British cryptographer Adam Back denies NYT report that he is Bitcoin creator Satoshi Nakamoto

Back, a long-time researcher and pioneer in cryptography, denies the allegation that he is the secretive creator of Bitcoin.

European cops shut down crypto mixing website that helped launder 1.3B euros

Europol announced the seizure of Cryptomixer’s official website, as well as 25 million euros and 12 terabytes of data from the mixer's service.

Cash App debuts a new AI assistant that answers questions about your finances

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.

Square launches AI voice ordering and an integrated Bitcoin solution for merchants

Block is now allowing Square merchants to accept Bitcoin payments without any processing fee for one year

US government seized $1M from Russian ransomware gang

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.

Bitcoin surpasses $118K, its second all-time high in less than 24 hours

Factors contributing to Bitcoin’s surge include the pro-crypto stance of President Trump, which has spurred greater interest from institutional investors.

Elon dips from DOGE, and Silicon Valley enters the ‘find out’ stage

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 [ ]

GameStop bought $500 million of bitcoin

GameStop's recent interest in bitcoin isn't as random as it may seem.

Garantex administrator arrested in India at request of US authorities

Garantex co-founder Aleksej Besciokov was arrested in India's Kerala on Tuesday, U.S. and Indian officials tell TechCrunch.

Hackers launder most of Bybit’s stolen crypto worth $1.4B

Experts note that this is just the first step for the alleged North Korean hackers to profit from the historic heist.

Remote enables USDC crypto payouts for contractors

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 zooms past $100K mark for the first time

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 [ ]

Bitcoin ATMs are a hotbed for scams, FTC says

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, [ ]

Hackers steal $305M from DMM Bitcoin crypto exchange

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 [ ]

After 6-year hiatus, Stripe to start taking crypto payments, starting with USDC stablecoin

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 lets Square merchants convert a part of their daily sales to bitcoin

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 [ ]

SBF’s prison sentence marks the end of the crypto grift era — so what’s next?

Nearly everything else that's being built on or enabled by blockchains replaces something that's already being done fairly well.

Bitcoin hits new high, Solana price jumps as memecoins mania rises and Worldcoin faces heat in Spain

Welcome to TechCrunch Crypto, formerly known as Chain Reaction -- it was an eventful week in the crypto world.

Bitcoin hits new all-time high of $72,700 but one index warns we’re in ‘extreme greed’ territory

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 [ ]