Bitcoin, Nancy Guthrie
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Paxful signed a plea deal saying it should pay a $112 million fine for its crimes. But the DOJ determined it could only afford to pay $4 million.
Blockchain technology makes cryptocurrency transactions fully traceable on public ledgers, creating powerful tools for law enforcement investigations.
As the cryptocurrency sell-off intensifies, make sure you're making the right choice between buying Bitcoin directly or a Bitcoin exchange-traded fund (ETF).
An internal reward distribution mistake briefly sent bitcoin prices sharply lower on South Korea’s Bithumb exchange after users were mistakenly credited with large phantom balances.
South Korean cryptocurrency exchange Bithumb said on Saturday it had accidentally given away more than $40 billion worth of bitcoins to customers as promotional rewards, triggering a sharp selloff on the exchange.
The Chosun Ilbo on MSN
Bithumb Bitcoin error reveals CEX-DEX structural divide
An incident involving the erroneous distribution of bitcoins at Bithumb, South Korea’s second-largest virtual asset exchange, has drawn attention to the structural differences between Centralized Exchanges (CEX) and Decentralized Exchanges (DEX).
The drop comes despite expectations that Trump’s pro-crypto policies, including a crypto-friendly Securities and Exchange Commission and plans for a national bitcoin reserve.
The largest transfers went to credit and trading firm Two Prime, which received more than 660 BTC, while additional chunks were sent to a BitGo address and a fresh wallet.