Tag Archives: Crypto

‘Big Bitcoin Heist’ Ringleader Jailed for Massive Crypto Mining Rig Theft

Suspects in the “Big Bitcoin Heist” of 2018 have been sentenced to various prison terms based on their level of involvement in the much-publicised theft of more than three-quarters of a million dollars worth of crypto mining equipment. Continue reading ‘Big Bitcoin Heist’ Ringleader Jailed for Massive Crypto Mining Rig Theft

Crypto is Worthless, Fails Basic Financial Tests: Bank of England Adviser

Legacy banks are not worried about crypto because it has no value and fails the fundamental tests of financial services. That’s the assessment of Huw van Steenis, the senior adviser to Bank of England Governor Mark Carney. Continue reading Crypto is Worthless, Fails Basic Financial Tests: Bank of England Adviser

Crazy Number of Subpoenas Shows Why Crypto Exchanges are Fleeing the US

A new report released by major crypto exchange ShapeShift revealed that it had received 18 subpoena requests from U.S. authorities in 2018. Despite being based in Switzerland, the U.S. government filed 30 percent of all requests ShapeShift received last year. Continue reading Crazy Number of Subpoenas Shows Why Crypto Exchanges are Fleeing the US