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Keyword: cryptocurrency

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  • Ships Could Pay Panama Canal Transit Fees in Bitcoin and Cut the Line, Panama City Mayor Muses

    05/29/2025 10:34:08 PM PDT · by NoLibZone · 1 replies
    Coin Desk ^ | By Cheyenne Ligon, Tom Carreras
    The mayor of Panama City, Mayer Mizrachi, said the city could potentially establish a bitcoin reserve. The Mayor of Panama City, Mayer Mizrachi, is taking notes on bitcoin from the leader of El Salvador. Speaking at Bitcoin 2025 in Las Vegas on Thursday, Mizrachi said he’s been thinking of ways Panama’s capital city, which is home to the Panama Canal, could implement bitcoin payments. This includes potentially setting up a strategic bitcoin reserve for Panama City, as well as possibly taking payments — including for passage through the Panama Canal — in bitcoin, Mizrachi said. “What if you have a...
  • "Nothing Stops This Train" – Tether, Bitcoin, & The Endgame For The Dollar

    05/29/2025 2:29:34 PM PDT · by SeekAndFind · 60 replies
    Bitcoin Magazine ^ | 05/29/2025 | Jenna Montgomery
    At Bitcoin 2025, economist and author Saifedean Ammous laid out a bold vision for the future of global finance, asserting that Bitcoin - not the U.S. dollar - will anchor tomorrow’s economy, with Tether as the bridge...Saifedean Ammous, CEO of Saifedean.com and author of The Bitcoin Standard, delivered a data-driven keynote at the Bitcoin 2025 Conference, warning of inevitable U.S. dollar decline and positioning Bitcoin as the only rational hedge.“Default, devaluation, or default by devaluation are inevitable,” Ammous declared, adding pointedly, “Tether can’t fix what a century of fiat democracy ruined.”Using projections and flow charts, Ammous argued that Tether’s Bitcoin...
  • Crypto bigwig accused of torture of bitcoin dealer in NYC townhouse sports scowl as he’s thrown behind bars without bail

    05/28/2025 12:14:17 AM PDT · by Libloather · 2 replies
    NY Post ^ | 5/28/25 | Daryl Khan, Jorge Fitz-Gibbon, David Propper
    The second suspect in the alleged kidnapping and torture of an Italian bitcoin dealer inside a SoHo townhouse was seen scowling as he was remanded without bail in court Tuesday night. After he partied it up in the Hamptons over the weekend, William Duplessie appeared in Manhattan Criminal Court, where his lawyer claimed the 33-year-old crypto trader’s criminal case will “begin to unravel” when more details come out. “The facts here are hotly disputed, his involvement is hotly disputed,” attorney Sanford Talkin claimed to Judge Julieta Lozano during his nighttime arraignment hearing. Duplessie, who sported a frown at the hearing,...
  • NYC crypto trader accused of Italian man’s kidnap, torture threatened to kill his family to get Bitcoin password: prosecutors

    05/24/2025 5:54:03 PM PDT · by mbrfl · 8 replies
    New York Daily News ^ | May 24, 2025 | Rebecca White
    The 37-year-old Crypto trader accused of kidnapping a 28-year-old Italian man inside a luxurious SoHo apartment repeatedly shocked his victim with electric wires, held him upside down from the top of a staircase, cut his leg with a saw and threatened to kill the victim’s family — all to get the password to the man’s Bitcoin account, prosecutors said Saturday. Manhattan Criminal Court Judge Eric Schumacher ordered John Woeltz held without bail on assault and kidnapping charges as police continued to search for his accomplice. He also issued a restraining order against Woeltz, so if he does get out of...
  • Moment wealthy 'crypto bros' are dragged out of their stunning NYC mansion for kidnapping and torturing their business partner for WEEKS

    05/24/2025 8:48:45 AM PDT · by dennisw · 43 replies
    DAILYMAIL.COM ^ | 24 May 2025 | By KELLY GARINO FOR
    A gang of wealthy 'crypto bros' have been arrested for luring their former business partner to a stunning New York City mansion before torturing him for weeks. The group are accused of kidnapping the 28-year-old Italian man before committing sickening acts on him in the $75,000-per-month rented brownstone in Soho. They alleged to have Tazed him, pistol-whipped him and threatened to carve him up with a chainsaw if he did not give up the millions of dollars in his crypto account. But their plot was foiled when the victim - who has not been named - escaped and flagged down...
  • The Father Pursues Trump’s Diplomatic Deals. The Son Chases Crypto Deals.

    05/23/2025 6:12:17 AM PDT · by karpov · 12 replies
    Wall Street Journal ^ | May 22, 2025 | Rebecca Ballhaus and Angus Berwick
    A month before President Trump’s inauguration, Middle East envoy Steve Witkoff flew to the United Arab Emirates with two goals: discussing regional issues with the Abu Dhabi royal known as the “spy sheikh,” and attending a cryptocurrency conference. Less than five months later, Witkoff’s son, co-founder of the crypto venture World Liberty Financial, took the stage at a conference in Dubai to announce the company had struck a deal for the sheikh’s company to buy $2 billion of their new cryptocurrency. The expected tens of millions of dollars in annual profits would be split between the Witkoffs and their co-founders—and...
  • 2025 FORMULA 1 CRYPTO.COM MIAMI GRAND PRIX Live Thread

    05/01/2025 12:32:32 AM PDT · by Chode · 39 replies
    5/1/2025 | chode
    Miami International Autodrome First Grand Prix2022 Number of Laps57 Circuit Length5.412 kmRace Distance308.326 kmLap Record1:29.708Max Verstappen (2023)Track
  • ‘Hawk Tuah Girl’ Haliey Welch Takes Victory Lap After SEC Investigation Into Crypto Scam

    03/28/2025 12:12:25 PM PDT · by RomanSoldier19 · 13 replies
    brobible.com ^ | March 28, 2025 3:01 pm | by Connor Toole
    Nothing sums up the spirit of our current times like Haliey Welch—a.k.a. Hawk Tuah Girl—becoming an overnight celebrity only to see her rapid rise lead to a meteoric downfall after she ended up at the center of a cryptocurrency scam.
  • Singaporean charged with $306m crypto heist blows $665k a night in clubs; gives Birkin bags to women

    03/10/2025 4:39:28 PM PDT · by nickcarraway · 9 replies
    AsiaOne ^ | March 09, 2025
    Singaporean Malone Lam – arrested and charged over one of the biggest crypto heist in the US – splurged up to US$500,000 (S$665,000) a night at clubs and was seen giving Hermes Birkin bags to models and influencers in his lavish outings. The US Department of Justice (DOJ) said the 20-year-old and co-accused, American Jeandiel Serrano, 21, were arrested in September 2024 and charged with “conspiracy to steal and launder over US$230 million in cryptocurrency from a victim in Washington, DC”. At today’s prices, the 4,100 stolen Bitcoin are worth more than US$450 million. In his latest court hearing last...
  • Crypto Theft Hits $2.2 Billion as Hackers Target Digital Wallets

    03/04/2025 11:17:19 AM PST · by nickcarraway · 9 replies
    Tico Times ^ | March 2, 2025
    Cryptocurrencies like Bitcoin and Ethereum are targets of choice for online criminals, who often exploit weaknesses in major trading platforms or individual users’ digital “wallets” to make major scores. A recent $1.5-billion heist of Ethereum from the Bybit platform — attributed by the FBI to North Korean hackers — is believed to be the largest yet in an ever-longer litany of thefts. How common is crypto theft? Cryptocurrencies are based on blockchain technology, which publicly records transactions between people holding and exchanging them. That has not kept a lid on theft, with an estimated $2.2 billion worth of the assets...
  • BREAKING: President Trump just announced the creation of a U.S. Crypto Reserve.

    03/02/2025 11:33:38 AM PST · by Macho MAGA Man · 82 replies
    Benny Johnson on Twitter X ^ | March 2, 2025 | Benny Johnson
    Benny Johnson @bennyjohnson BREAKING: President Trump just announced the creation of a U.S. Crypto Reserve.
  • Trump slated to host Crypto Summit at White House

    03/01/2025 4:47:47 AM PST · by Strict9 · 10 replies
    Fox Business ^ | 3-1-25 | Landon Mion
    President Donald Trump is scheduled to host an event on cryptocurrency at the White House next week. The Crypto Summit will be held on Friday, marking the first-ever White House event of its kind. Trump is expected to deliver remarks during the summit, the White House said. The event will include "prominent founders, CEOs, and investors from the crypto industry, as well as members of the president’s Working Group on Digital Assets," according to the White House. The summit will be led by venture capitalist and White House AI and crypto czar David Sacks and will be administered by the...
  • Argentina's Milei faces credibility crisis over crypto scam

    02/21/2025 10:39:36 AM PST · by Miami Rebel · 14 replies
    Deutsche Welle ^ | Deutsche Welle | Tobias Käufer
    The political rise of economist Javier Milei to the presidency was largely driven by Argentinians' hope that he could revive the debt-laden country's economic fortunes. But now the libertarian's key credentials as an economic expert have suffered a massive blow as lawyers have filed a fraud lawsuit against him in an Argentine court. What's come to be known as the "cryptogate" scandal is gripping Argentina, with the rapid rise and collapse of the $LIBRA cryptocurrency at the center of controversy. Investors — most of them reportedly from Argentina and the United States — had poured the equivalent of $100 million...
  • Argentina’s opposition threatens impeachment trial after Milei touts crypto coin [looks like Milei screwed up]

    02/16/2025 3:55:06 PM PST · by Eccl 10:2 · 35 replies
    Reuters ^ | 2/16/25 | Reuters
    Argentine President Javier Milei could face an impeachment trial in Congress, opposition lawmakers said on Saturday, after the libertarian leader touted a cryptocurrency which crashed soon after.
  • Snoop Dogg loses half a million social media followers after performing at Trump crypto ball

    01/28/2025 1:25:16 PM PST · by nickcarraway · 44 replies
    New York Post ^ | 1/27 | Ariel Zilber
    Famed rapper Snoop Dogg lost more than 500,000 followers on Instagram and nearly 20,000 on X after his appearance at the Crypto Ball, a celebratory event tied to Donald Trump’s inauguration. The “Gin and Juice” singer’s Instagram dropped by 571,800 and 17,177 on X as fans accused Snoop of hypocrisy due to his past criticism of Trump. Snoop Dogg, who boasted 88.1 million followers on Instagram as of Monday, isn’t the only A-list celebrity to have followers abandon him in droves over perceived support for the Republican president. Kim Kardashian, the reality television star and entrepreneur, lost nearly 150,000 social...
  • Snoop Dogg criticised for playing Donald Trump’s Crypto Ball: “A bridge too far”

    01/18/2025 11:41:27 AM PST · by MinorityRepublican · 12 replies
    NME ^ | 18th January 2025 | Max Pilley
    Snoop Dogg has come under fire for performing at Donald Trump’s Crypto Ball just days ahead of the President Elect’s inauguration. The event took place on Friday (January 17) at the Andrew W. Mellon Auditorium in Washington D.C., with a VIP reception hosted by Trump’s crypto czar David Sacks. Among the performers on the night was Snoop, despite having been somewhat vocal in his opposition to the Republican in the past. His appearance has prompted several fans to criticise him online, with some saying that it was “a bridge too far”.
  • Health care, the transition, the economy, Hunter Biden, and crypto: December 8-10, 2024 Economist/YouGov Poll

    12/24/2024 9:21:09 PM PST · by SeekAndFind · 3 replies
    YouGov ^ | 12/24/2024 | Kathy Francovic
    This week’s Economist/YouGov poll covers the health-care system, the presidential transition, the economy, President Biden's pardon of his son Hunter, and cryptocurrency.Health careTwo-thirds (66%) of Americans with health insurance say they are very or somewhat satisfied with it; 14% say they are dissatisfied while 20% say they do not have health insurance or are not sureThe highest satisfaction levels are among Americans with health insurance coverage from Medicare (86%) or Medicaid (89%)One in four Americans (25%) say they or an immediate family member have ever had a health insurance claim denied60% of Americans who have had an insurance claim in...
  • Google reveals new quantum chip, can it crack crypto encryption?

    12/23/2024 3:59:15 AM PST · by RomanSoldier19 · 43 replies
    /www.cryptopolitan.com ^ | December 12 2024 | By Collins J. Okoth
    Google announced on Dec. 9th that it had developed a new quantum computing chip known as ‘Willow.’ The chip performed a computation that would take a supercomputer ten septillion (1025) years in under five minutes. Google’s Quantum AI lead Neven said Willow was a major breakthrough in quantum error correction. There is speculation that the new developments could threaten crypto.
  • Video-Sharing Platform Rumble Nabs $775M Investment From Crypto Stablecoin Venture Tether

    12/20/2024 11:30:40 PM PST · by nickcarraway · 8 replies
    The Hollywood Reporter ^ | December 20, 2024 | Alex Weprin
    The video platform, which hosts content creators like gamer Dr. Disrespect, conservative host Dan Bongino and Dana White's Power Slap, will receive $250 million, with the remaining going to a tender offer.The crypto stablecoin venture Tether says that it is investing $775 million in the video sharing platform and cloud provider Rumble, which has become a favorite of conservative hosts and content creators and positions itself as a free speech alternative to its competitors. The companies announced the deal Friday evening. Rumble will receive $250 million in the deal, with the remaining proceeds “to fund a self tender offer for...
  • Who is David Sacks, Trump’s crypto and AI chief?

    12/06/2024 1:32:38 PM PST · by RandFan · 4 replies
    The Hill ^ | 12/06/24 3:42 PM ET | by Julia Shapero
    Venture capitalist David Sacks has been tapped to serve as President-elect Trump’s White House czar for artificial intelligence (AI) and cryptocurrency, taking on a newly created role to lead the administration’s policy on the two technologies. “David will focus on making America the clear global leader in both areas,” Trump wrote in a post on Truth Social on Thursday night. “He will safeguard Free Speech online, and steer us away from Big Tech bias and censorship.” Sacks, who will also lead the Presidential Council of Advisors for Science and Technology, has been a key voice of support for Trump in...