The Web Industry There's a possibility FTX customers get repaid in full after all The soaring price of Bitcoin has fattened FTX's bottom line considerably By Erika Morphy, February 11, 2024, 11:39 AM 16 comments
Tech Culture Industry Cryptomining accounts for up to 2.3% of US electricity consumption It's like adding a second Utah to the grid By James Miller, February 3, 2024, 10:12 AM 17 comments
Tech Culture The Web Pastor launched worthless cryptocurrency because "God told him to do it," spent $1.3 million of investors' money When in doubt, blame God By Rob Thubron, January 30, 2024, 5:17 AM 15 comments
Tech Culture The Web Bitcoin passes $45,000 for the first time in 21 months, predicted to reach record high this year Two factors could push BTC even higher By Rob Thubron, January 2, 2024, 1:04 PM 15 comments
Tech Culture Industry JPMorgan Chase CEO says cryptocurrency is only useful for criminals, should be "shut down" Elizabeth Warren agrees By Rob Thubron, December 7, 2023, 7:59 AM 44 comments
Industry Tech Culture "Crypto King" Sam Bankman-Fried convicted of $8 billion FTX fraud, faces up to 110 years in prison SBF is believed to have been worth over $15 billion at the peak of FTX's popularity By Kishalaya Kundu, November 3, 2023, 9:50 AM 17 comments
The Web Tech Culture Bitcoin surges to 18-month high, but GPU mining remains dead Crypto winter may soon end, possible ETF approaches By Daniel Sims, October 26, 2023, 6:06 PM 13 comments
Tech Culture Security firm claims it can unlock IronKey USB drive holding 7,000 Bitcoin hostage, but owner politely declines Another team is already working on the issue By Shawn Knight, October 24, 2023, 11:25 AM
Tech Culture Car Tech Ferrari now accepts crypto as a form of payment Ferrari is testing the cryptocurrency waters By Shawn Knight, October 16, 2023, 10:46 AM 8 comments
Tech Culture Sam Bankman-Fried's crimes didn't stop at defrauding investors, he tried to scam an entire government SBF tried to unfreeze a billion in Chinese crypto using the stolen identities of Thai prostitutes By Cal Jeffrey, October 13, 2023, 5:05 PM 12 comments
Industry FTX employees discovered customer wallet backdoor, but bosses ignored their warnings FTX Director of Engineering Nishad Singh could have avoided charges if he'd listened to subordinates By Cal Jeffrey, October 5, 2023, 5:09 PM
Industry Another FTX executive signs plea deal, agrees to property forfeiture and fines up to $1.56 billion Prosecutors also expect him to testify against Sam Bankman-Fried By Cal Jeffrey, September 11, 2023, 2:49 PM
Industry Texas power grid operator pays Bitcoin miner over $30 million to curb energy usage Why mine when you're paid more not to? By Rob Thubron, September 7, 2023, 6:55 AM 8 comments
The Web Dropbox kills off unlimited storage offer in response to crypto-related abuses Unlimited is now limited By Rob Thubron, August 25, 2023, 11:40 AM 9 comments
Tech Culture The Web Sam Bankman-Fried finally finds himself behind bars Federal judge decides SBF has proven he cannot be trusted to adhere to his bail agreement By Cal Jeffrey, August 14, 2023, 5:07 PM 13 comments
Tech Culture The Web Troubling signs for crypto trading: Coinbase's transaction volume is down 70% The crypto winter lingers By Rob Thubron, August 6, 2023, 10:24 AM 7 comments
Tech Culture Sam Altman's Worldcoin expands iris-scanning crypto network globally, but not in the US The US is excluded due to regulatory issues By Rob Thubron, July 24, 2023, 8:34 AM
Industry US prosecutors seek gag order after SBF allegedly leaked co-conspirator's private journal to NYT to "discredit" her How long until the DoJ adds witness tampering to his list of charges? By Cal Jeffrey, July 21, 2023, 1:47 PM
Security Microsoft Pirated Windows installer found to contain crypto-hijacker, exploit EFI partition Is EFI system partition infiltration becoming a commodity for advanced security threats? By Alfonso Maruccia, June 14, 2023, 9:33 AM 11 comments
Tech Culture AI OpenAI boss Sam Altman's iris-scanning Worldcoin crypto project raises almost $100 million Execs say Worldcoin could offset the job losses caused by increased use of AI By Rob Thubron, May 15, 2023, 6:55 AM 7 comments
Hardware AI Cryptominers try to pivot GPU farms to AI workloads after crypto decline Blockchain companies want to recoup GPU investment with AI and HPC By Daniel Sims, May 11, 2023, 4:44 PM 13 comments
Industry Tech Culture The Biden administration wants to impose a 30% tax on electricity used for crypto mining The tax could generate around $3.5 billion over ten years By Rob Thubron, May 3, 2023, 8:35 AM 31 comments
Tech Culture "Crypto is dead in America," says tech billionaire who predicted Bitcoin would hit $200,000 Regulators have "pointed their guns at crypto" By Rob Thubron, April 25, 2023, 8:58 AM 14 comments
Tech Culture Shaquille O'Neal served FTX lawsuit papers following 3-month pursuit Shaq was the last celebrity named in the suit to be served By Rob Thubron, April 19, 2023, 6:55 AM 8 comments
The Web Crypto isn't dead: Bitcoin breaks $30,000 for the first time in nearly a year Bitcoin is up more than 80% so far this year By Shawn Knight, April 11, 2023, 11:57 AM 16 comments