Crypto.com Accidentally Sent $7 Million to Customer — Sues 7 Months Later to Get It Back

Cryptocurrency exchange Crypto.com accidentally transferred about $7.26 million to a customer’s account but did not notice the error for seven months. The crypto company has now sued the customer to recover the funds. Crypto.com Sues Customer 7 Months After Mistakenly Transferring over $7 Million The Australian Supreme Court of Victoria released a default judgment Friday …

Crypto.com Accidentally Sent $7 Million to Customer — Sues 7 Months Later to Get It Back Leggi altro »

Congress Questions Coinbase, FTX, Binance, Kraken in Crypto Fraud Crackdown

A House committee has sent letters to four U.S. federal agencies and five cryptocurrency exchanges asking for information about what they are doing to combat cryptocurrency fraud and scams. Congress Questions Regulators and Crypto Exchanges The House Committee on Oversight and Reform sent letters to four U.S. federal agencies and five crypto exchanges on Tuesday …

Congress Questions Coinbase, FTX, Binance, Kraken in Crypto Fraud Crackdown Leggi altro »

DC Attorney General Sues Billionaire Michael Saylor and Microstrategy Over Alleged Tax Fraud — Seeks $100 Million

The attorney general of the District of Columbia has sued Microstrategy’s co-founder and executive chairman, Michael Saylor, for tax fraud. The lawsuit also names Microstrategy as a defendant “alleging that it conspired to help him evade taxes he legally owes.” Both Saylor and Microstrategy denied the allegations. The attorney general is seeking more than $100 …

DC Attorney General Sues Billionaire Michael Saylor and Microstrategy Over Alleged Tax Fraud — Seeks $100 Million Leggi altro »

Bitcoin Miners Should Take Solar Energy Plus Storage More Seriously

Bitcoin miners now have a lucrative opportunity as the trend in pairing batteries with solar energy plants accelerates. This is an opinion editorial by Ali Chehrehsaz, a mechanical engineer with 16 years of experience in the energy industry. This article will outline how collecting solar energy and storing it can provide a powerful dynamic for …

Bitcoin Miners Should Take Solar Energy Plus Storage More Seriously Leggi altro »

Bitcoin’s Rising Difficulty Squeezes Miner Profitability

After a major difficulty adjustment rise, hash price heads for new lows as miners’ profitability gets squeezed. The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe …

Bitcoin’s Rising Difficulty Squeezes Miner Profitability Leggi altro »