Forbes Crypto & Blockchain - Cryptocurrency

Inside The Reddit Forum That Wants To See Bitcoin Die

Cryptocurrency haters have found a home—and common cause—trashing the volatile asset class and wishing for its demise.

Sam Bankman-Fried Seeks Dismissal Of Nearly All Criminal Charges Against Him

FTX founder Sam Bankman-Fried asked a New York federal judge on Monday night to dismiss most criminal charges brought against him by federal prosecutors following the sudden collapse of his cryptocurrency exchange last year.

'We Got A Bit Feral': 7 Guests Recount Staying For Free On An Island Working On Ideas

Swedish creativity speaker Fredrik Haren invites people to stay on his island for free as long as they are working on an idea. Here are stories from seven previous guests.

Ex-Stanford Dean Bailed Out Bankman-Fried To Help 'Steadfast Friends,' He Says

Among the two mystery guarantors for Sam Bankman-Fried’s $250 million bail is Larry Kramer, the former dean of Stanford Law School, according to court filings unsealed Wednesday.

The History And Future Of NFTs

The history and future of NFTs. Blockchain, crypto currencies, NFTs, and the metaverse is all the buzz right now, and rightfully so. This article gives a good basic overview of the history and future of the new wave of technological advances, with a spotlight on NFTs.

Webinar Replay: Crypto & Taxes - Are You In Compliance With The IRS?

With the astonishing rise in the value of Bitcoin, Ethereum, and other digital assets crypto investors and enthusiasts may have serious tax questions on their minds.

Forbes Blockchain 50 2022

Since our inaugural roundup of the Blockchain 50, published in 2019, the billion-dollar companies (minimum, by sales or market value) on our annual list have moved beyond test projects and now rely on “distributed ledger” technology to do serious work.

Banking On Blockchain

Each day there are new headlines about cryptocurrency that concern many of us in the regulated financial sectors.

CRO Explodes In Value As Crypto.com Marketing Campaigns Pay Off

The token has nearly quadrupled in value in November, dramatically outperforming the wider crypto market.

‘I Didn’t Steal Funds’: Bankman-Fried Debuts Newsletter—And Defense

Sam Bankman-Fried, the former billionaire facing a litany of criminal charges for alleged fraud in his now-bankrupt exchange FTX and the now-defunct trading firm Alameda Research, made his first public comments of 2023 on Thursday.

Coinbase Will Pay $100 Million After Regulators Find 'Significant Failures' Heightened Risk Of Criminal Activity

Coinbase, one of the nation's top cryptocurrency exchanges by trading volume, has agreed to pay $100 million as part of a settlement with New York regulators who allege the firm violated anti-money-laundering laws.

Sam Bankman-Fried Full Interview With Steven Ehrlich

Sam Bankman-Fried Faces Extradition To U.S.—Here's What To Know

A Bahamas judge on Wednesday approved the extradition of former billionaire Sam Bankman-Fried, the founder of befallen crypto exchange FTX, from a Nassau jail to the United States, where the former crypto wunderkind faces a slew of criminal charges.

Sam Bankman-Fried Is Denied Bail And Jailed Until February

Sam Bankman-Fried has been remanded in Bahamian custody until February, a day after he was arrested at a luxury apartment in the Bahamas.

Everyone SBF Planned To Blame In Front Of Congress Today — Before He Was Arrested

Before he was arrested Monday in the Bahamas, disgraced FTX founder and former CEO Sam Bankman-Fried was planning to testify before Congress on Tuesday about the dramatic collapse of his cryptocurrency exchange.

Sen. Sherrod Brown Urges Janet Yellen To Develop Legislation To Regulate Crypto Industry Following FTX Implosion

Sen. Sherrod Brown (D-Ohio) made a plea to the Treasury Department on Wednesday to draft legislation that would set up surveillance and regulatory measures over the crypto industry following the collapse of FTX.

How Smart Contracts Trigger Swift Action To Take Russian Goods Off The Market

Smart contracts & blockchain technology have enabled a wide range of new digital pathways, as they allow different parties to a transaction to determine and measure certain parameters in a quick, seamless and transparent way.

‘Catastrophe’—Bitcoin, Ethereum And Crypto Prices Now Braced For New Russia Earthquake After SWIFT Shock

Traders are braced for more severe gyrations after Russia was kicked off the world's main international payments network SWIFT, with a former Russian Central Bank deputy chairman warning of "catastrophe" on the Russian currency market...

The Red Flags On FTX We All Seemed To Miss

As the autopsy of Sam Bankman-Fried’s crypto empire begins, it’s worth saying that there were red flags all over the place. We missed them.

Why Jack Dorsey’s First-Tweet NFT Plummeted 99% In Value In A Year

In March 2021, an NFT created by Jack Dorsey sold for $2.9 million. Yet in an auction this past week, no one bid more than $280 for it. What happened?

Understanding The Rise And Fall Of FTX, FTT And Alameda Research

The rise and fall of FTX and Sam Bankman-Fried revealed holes in the crypto space that industry peers, the media, and government officials either chose to overlook or refused to question further.

Biden Administration’s 2023 Tax Policy Includes Many Key Changes For Crypto Traders And Investors

In its new tax proposal, the Treasury is looking to raise in excess of $10 billion in revenue, partly by addressing some key challenges and opportunities presented by crypto. Here is what you need to know.

Bitcoin Falls Below $20,000 After Twitter Row Between Billionaire Crypto Executives Triggers Withdrawals From FTX

The price of bitcoin fell below $20,000 on Monday—dropping alongside other major cryptocurrencies—amid concerns about the financial health of FTX a day after competitor Binance announced it would dump FTX’s token.

Singapore Crypto Firm Amber Group Hits $3 Billion Valuation In Funding Round Led By Temasek

Amber Group achieved its unicorn status during its last fundraising round in June.

Ark’s Cathie Wood Says Passive Investing Sparked The ‘Most Massive Misallocation Of Capital In The History Of Mankind’

“Fear has pushed investors back to their benchmarks,” Wood warned.

What Is Bitcoin Pizza Day, And Why Does The Community Celebrate On May 22?

Bitcoin Pizza Day marks the day that Laszlo Hanyecz made the first recorded purchase of a physical good using Bitcoin.

Ukraine Receives $4 Million In Crypto Donations Within Hours—Including $1.9 Million Tied To Pak, Julian Assange NFT Collection

The biggest donation appears to have originated from an NFT auction that also helped raise funds for WikiLeaks founder Julian Assange, according to blockchain analytics firm Elliptic.

Project Hamilton: On The Report Published By The Boston Fed And MIT

The paper and the accompanying code demonstrates the technical feasibility of a system that solves a payments on a scale like that of the United States and of the US Dollar, a widely used global currency.

How The DeFi Space Has Become A Massive Breeding Ground For Crypto Ponzi Schemes

A large number of recent Ponzi schemes have used decentralized finance (DeFi) infrastructure to defraud their customers.

The Cryptocurrency Conflict Of Russian Kleptocrats Avoiding Compliance Sanctions

There are reports that Russian oligarchs and others are trying to move their money around to avoid the crippling economic sanctions that have been levied on the country, in response to the invasion of the Ukraine.

UConn Star Paige Bueckers Announces Deal With Cash App, Her Third Major NIL Partnership

The reigning Naismith College Player of the Year is partnering with Cash App, the mobile payment service owned by Jack Dorsey’s Block (formerly Square), to help launch the Paige Bueckers Foundation.

Cardano’s Ada Token Just Reached Its Highest Since Mid-February—What's Next For The Digital Asset?

Cardano's ada rallied today, climbing to its loftiest value in more than a month. Where is the digital currency headed next? Several analysts offer their perspective.

Australian Celebrities Say Facebook Didn’t Do Enough To Stop Crypto Scams. The Government Agrees.

Billionaire Andrew Forrest and an Australian government agency are suing Facebook’s parent company over claims it didn't protect consumers from celebrity crypto scams.

Modern Corporations Are Ungovernable, But DAOs Are Not The Answer

The modern public corporation has failed to aligned shareholder value with executive compensation. However, renowned business strategist Roger L. Martin is not convinced that DAOs are the answer.

Crypto Donations To Ukraine Top $52 Million As Funds Pour In From Bitcoin, Ether, PolkaDot And NFTs

Newly received donations, which have been used for military equipment and food, include $6.5 million from auctioning off a Ukraine flag NFT—the tenth most expensive NFT sale ever.

Binance Intends On Buying FTX - Here's What's In The Tentative Deal

Cryptocurrency exchange Binance may soon acquire rival FTX, according to a tweet by Binance CEO Changpeng Zhao.

NFTs Are Continuing To Cause Accounting Issues, Even After Tax Season

NFTs are here to stay, and are causing headaches for accounting professionals

‘Revival Plan’ Boosts ‘Essentially Zero’ Luna Price By 1,000% Amid Bitcoin, Ethereum And Crypto Crash

Luna, the collapsed cryptocurrency that was designed to support the terraUSD (UST) stablecoin, has rocketed higher over the last 24 hours despite falling to near zero this week...

Bitcoin Earns Its Stripes In The War In Ukraine

Never before has the ability to finance a war – and to shield oneself from monetary attack – rested in the hands of individual citizens wielding smartphones.

Cybercriminals Stole $6.9 Billion In 2021, Using Social Engineering To Break Into Remote Workplaces

An annual FBI report highlights how remote communication and virtual meetings can leave businesses and individuals vulnerable to social engineering attacks by fraudsters.