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Lightning Solves Bitcoin’s Speed Problem, But Watch Out for Fraudsters

Lightning-based fiat-bitcoin systems could popularize crypto payments, as long as fraud and bitcoin's non-reversibility don't get in the way......»»

Category: forexSource: coindeskFeb 25th, 2020

China boasted that it built 2 new coronavirus hospitals in 12 days. But they"re treating less than half the people they"re supposed to.

AP China seemed to score a major victory in its fight against the coronavirus by building two new hospitals in an extremely short time, promising 2,600 new beds. Chinese state media lauded the lightning-speed construction of the makeshift hospit.....»»

Category: topSource: businessinsiderFeb 13th, 2020

Venezuelans Made Lightning-Savvy Hardware to Use Bitcoin During Blackouts

Locha Mesh is building software and hardware for connecting to bitcoin's Lightning Network – even when the power's out......»»

Category: forexSource: coindeskNov 1st, 2019

Fraud-Fighting ‘Watchtowers’ to Arrive in Next Bitcoin Lightning Release

So-called lightning network "watchtowers" -- a much-anticipated next step for securing the network -- are coming soon......»»

Category: forexSource: coindeskJun 11th, 2019

Craig Wright’s Fight With a Cartoon Bitcoin Astronaut Cat Explained

It's Satoshi claimant Craig Wright vs the bitcoin community, with accusations of fraud and defamation flying between them......»»

Category: forexSource: coindeskApr 16th, 2019

Crypto investor "bitcoin Jesus" arrested and charged by the Justice Department with $48 million tax evasion

"Bitcoin Jesus" was arrested in Spain this week on charges including mail fraud and tax evasion. Youtube "Bitcoin Jesus" Roger Ver was arrested in Spain on charges of tax evasion this week.  The DOJ sa.....»»

Category: topSource: businessinsiderMay 1st, 2024

DoJ Charges "Bitcoin Jesus" With Tax Fraud

DoJ Charges 'Bitcoin Jesus' With Tax Fraud Authored by Turner Wright via CoinTelegraph.com, The early crypto investor, often called ‘Bitcoin Jesus,’ faces extradition to the U.S. after being charged with evading nearly $50 million in taxes.....»»

Category: worldSource: nytApr 30th, 2024

"Bitcoin Jesus" Roger Ver Arrested In Spain On Tax Evasion Charges

Roger Ver, a prominent figure in the early days of Bitcoin (CRYPTO: BTC) and known as “Bitcoin Jesus,” has been arrested in Spain and charged with mail fraud, tax evasion, and filing false tax returns. read more.....»»

Category: blogSource: benzingaApr 30th, 2024

After selling last company for $125M, Jon Coss launches new startup to fight fraud in government programs

Plum Identity's platform checks for behavioral data, anomalies and user locations to look for fraud and bots, but it doesn’t keep any of the data......»»

Category: topSource: bizjournalsApr 24th, 2024

Jamie Dimon calls bitcoin a "fraud" and a "Ponzi scheme" — and says the crypto is hopeless as a currency

JPMorgan CEO Jamie Dimon just launched another scathing attack on the biggest crypto and said bitcoin cannot.....»»

Category: worldSource: nytApr 18th, 2024

Bitcoin, Stablecoins, Tokenization: BlackRock"s Crypto Strategy Explained

BlackRock (NYSE:BLK), the world’s largest asset manager with $10 trillion in assets under mangement, has been steadily building a multifaceted crypto strategy read more.....»»

Category: blogSource: benzingaApr 15th, 2024

Galaxy Digital CEO Michael Novogratz Says Hard Assets Key For Building Wealth For Those in 30s And 40s: "I Still Like Bitcoin"

The latest episode of the Business Untitled podcast featured a discussion on the current economic climate with Mel Carter, American singer and actor, Michael Novogratz, CEO of Galaxy Digital, and Dave Barry, CEO of Urby. read more.....»»

Category: blogSource: benzingaApr 11th, 2024

All the deadly drones Ukraine is building to fight Russia can"t make up for the weapons it really needs but doesn"t have, Zelenskyy says

Ukrainian officials have repeatedly identified air-de.....»»

Category: topSource: businessinsiderApr 10th, 2024

A fraud tracker says verified Twitter accounts were taken over to send bitcoin spam to Elon Musk"s followers, ahead of his "SNL" appearance

Several social media accounts were taken over to spread cryptocurrency spam.....»»

Category: topSource: businessinsiderMay 8th, 2021

: The fight over SALT is heating up. What’s next?

The State and Local Tax deduction cap is a lightning rod, pitting higher-cost, mostly blue states against those who think it represents preferential treatment. What can we expect from Washington?.....»»

Category: topSource: marketwatchMay 3rd, 2021

What’s Behind the Latest Fight Over Americans’ Right to Vote

Across the U.S., dozens of state legislatures controlled by Republicans have introduced bills to rein in voting access. They cite the risk of irregularities and fraud despite statements by election officials of both parties that the 2020 genera.....»»

Category: topSource: washpostMar 29th, 2021

Dennis Rodman’s hair made it a Chicago landmark. Next it may be known as the Bitcoin building.

The four-story Mural Building on Ashland Avenue is going on the market for sale in the coming days, owner Ted Wynn said. He'll accept bids for payment using the cryptocurrency, in what c.....»»

Category: topSource: chicagotribuneMar 18th, 2021

Bitcoin falls 4% after Biden nominee Gary Gensler says SEC will seek to eliminate fraud and manipulation in crypto markets

Gensler said that the SEC would enforce investor protections in the crypto market, including ensuring that the custody of digital assets are safe. Alex Wong/Getty Images Bitcoin fell as much as 4% on Tuesday after SEC Chairman nominee Gary Gens.....»»

Category: worldSource: nytMar 2nd, 2021

Hawaii awarded $1.2M to combat unemployment fraud, identity theft

The Hawaii Department of Labor and Industrial Relations was awarded more than $1.2 million in federal funds to fight against instances of fraud in the Pandemic Unemployment Assistance, or PUA, and Pandemic Emergency Unemployment Compensation, or PEUC, pro.....»»

Category: topSource: bizjournalsFeb 19th, 2021

Twitter has locked Trump"s account and will keep it locked until he deletes tweets containing baseless claims of election fraud amid US Capitol siege

Twitter said that any future violations on Trump's behalf of Twitter's rules "will result in permanent suspension." Trump supporters gather outside the U.S. Capitol building following a "Stop the Steal" rally on J.....»»

Category: smallbizSource: nytJan 6th, 2021