Latest Tech News

Stay updated with the latest in technology, AI, cybersecurity, and more

Filtered by: crypto Clear Filter

Coinbase says it's launching tokenized stocks, predictions markets for U.S. users in coming months

Coinbase is planning to expand its core trading app beyond crypto, the company said Thursday. The newly imagined "everything exchange" will include tokenized real-world assets, stocks, derivatives, prediction markets and early-stage token sales. The new offerings will roll out in the next few months, first to U.S. users, followed by a "gradual international rollout based on jurisdictional approvals," Max Branzburg, vice president of product at Coinbase, told CNBC. "We're building an exchange f

Coinbase shares tumble as second-quarter revenue disappoints

Coinbase shares fell Thursday as second-quarter revenue fell shy of analysts' estimates. Gains in the cryptocurrency exchange's subscription revenue failed to offset weaker trading volumes. In the quarter ended June 30, Coinbase net income rose to $1.43 billion, or $5.14 per share, from $36.13 million, or 14 cents per share, a year ago. Earnings in the latest period benefited from a gain $1.5 billion related its Circle investment and $362 million from its crypto investment portfolio. On an adj

SEC debuts 'Project Crypto' to bring U.S. financial markets 'on chain'

The Securities and Exchange Commission on Thursday debuted "Project Crypto," an initiative to modernize securities rules and regulations to allow for crypto-based trading. "To achieve President Trump's vision of making America the crypto capital of the world, the SEC must holistically consider the potential benefits and risks of moving our markets from an off-chain environment to an on-chain one," SEC chair Paul Atkins said in remarks to an "American Leadership in the Digital Finance Revolution

The Trump-Crypto Honeymoon Is Over

As with any fledgling romance, Trumpworld and big money cryptocurrency interests were bound to have their first fight at some point. It was late June heading into July, and two highly anticipated bills were in the pipeline to help fulfill President Donald Trump’s promises to make the US the “crypto capital of the planet” and usher in what his supporters believed would be a “golden age” of digital assets. Congress had one shot at passing something before the August recess. Coinbase, the cryptoc

PayPal to let US merchants accept over 100 cryptocurrencies, including Bitcoin and Ethereum

In context: Thanks to strong support from the Trump administration, cryptocurrencies are gaining significant momentum in the financial market. PayPal is closely watching this growing interest in crypto and will soon roll out a game-changing update for the entire online marketplace. Over the next few weeks, PayPal will roll out a new "Pay with Crypto" option. The feature will reportedly allow businesses worldwide to accept more than 100 cryptocurrencies at checkout, though international buyers m

MicroStrategy copycats are getting out of control as Canadian vape company joins fray

The logos of Bitcoin, Ethereum, and Tether outside a cryptocurrency exchange in Istanbul, Turkey, on Wednesday, Nov. 6, 2024. The crypto market's bullishness may be tipping into speculative frenzy, if the latest MicroStrategy-style copycat is any indication. On Monday, a little-known Canadian vape company saw its stock surge on plans to enter the crypto treasury game – but this time with Binance Coin (BNB) , the fourth largest cryptocurrency by market cap, excluding the dollar-pegged stablecoi

PayPal Launches Pay With Crypto, Expanding Its Push Into Digital Currencies

PayPal says Pay With Crypto lets purchases settle almost instantly, makes international payments easier and could cut transaction fees by as much as 90%. chameleonseye/Getty Images PayPal is doubling down on crypto, on Monday launching Pay With Crypto, a new feature that lets customers use Bitcoin, Ethereum and other cryptocurrencies at checkout with millions of merchants worldwide. While PayPal has been investing in crypto in previous years, this move aims to provide easier cross-border transa

What was the first ransomware attack to demand payment in Bitcoin?

Choose wisely! The correct answer, the explanation, and an intriguing story await. Correct Answer: CryptoLocker (2013) When Verizon bought AOL in 2015, how many people were still paying for dial-up Internet? In the world of cybersecurity, ransomware is a well-known menace, but its evolution into the era of cryptocurrencies marked a major turning point. The first ransomware attack to demand payment specifically in Bitcoin was CryptoLocker, which emerged in September 2013. CryptoLocker was a g

Crypto Payments Are Coming to PayPal

PayPal will soon let businesses that use its digital payments platform accept more than 100 types of cryptocurrency. The fintech company announced today that it’s rolling out a new “Pay with Crypto” feature in the coming weeks, allowing merchants to accept popular digital currencies like Bitcoin, Ethereum, and XRP. The platform will support transactions from several major crypto wallets, including Coinbase, MetaMask, and Exodus. PayPal CEO Alex Chriss said the new feature will help businesses

Quantum Scientists Have Built a New Math of Cryptography

Hard problems are usually not a welcome sight. But cryptographers love them. That’s because certain hard math problems underpin the security of modern encryption. Any clever trick for solving them will doom most forms of cryptography. Several years ago, researchers found a radically new approach to encryption that lacks this potential weak spot. The approach exploits the peculiar features of quantum physics. But unlike earlier quantum encryption schemes, which only work for a few special tasks,

Mysterious Whale Makes a 17,000,000% Profit on a 14-Year-Old Bitcoin Bet

Several Bitcoin whales—investors who hold large amounts of the cryptocurrency — have recently started cashing out after leaving their Bitcoin untouched for more than a decade. Last week, one anonymous whale sold 80,000 Bitcoin for a whopping $9.5 billion. A user on X (formerly Twitter) first flagged the massive transaction, which was later reported by Tom’s Hardware. The seller had originally purchased the Bitcoin in 2011 for just $54,000, netting a staggering return of more than 17 million per

Someone Just Sold Their 2011 Bitcoin for a 17 Million Percent Profit

A mysterious Bitcoin account has cashed out a cache of cryptocurrency they originally bought for $54,000 — but which, after HODLing for 14 long years, is now worth an astronomical $9.5 billion, for a staggering profit of over 17 million percent. Bitcoin whales, meaning accounts that hold on to substantial sums of crypto for long periods at a time, have been making moves as of late, Tom's Hardware reports, reaping enormous returns as crypto markets reach all-time highs. Just last week, a differ

Trump Media Is Now a $2 Billion Bitcoin Bet

Trump Media isn’t just fighting Big Tech. It’s taking on Wall Street with a Bitcoin war chest big enough to rival corporate heavyweights. The company behind Truth Social and streaming platform Truth+ announced, on July 21, it had purchased $2 billion worth of Bitcoin and Bitcoin-related securities, converting two-thirds of its $3 billion in liquid assets into cryptocurrency. It’s one of the boldest corporate Bitcoin strategies ever seen, rivaling billionaire Michael Saylor’s MicroStrategy (now

‘I Got You Guys Out of So Much Trouble’: Trump Signs Stablecoin Crypto Bill

The self-diagnosed “very stable genius” has, fittingly, signed into law the GENIUS Act, which introduces (very loose, industry-friendly) regulations for the operation of stablecoins—cryptocurrencies pegged to assets like the US dollar. During the press conference and signing ceremony for the bill, Trump got quite transparent about his relationship with the crypto community, telling them, “I got you guys out of so much trouble.” Trump’s comments, made over the weekend, show quite the prescience,

Telegram's crypto wallet goes live to its 87 million U.S. users

Telegram users in the U.S. can now send, receive, and manage cryptocurrency directly inside the app — no downloads, extensions, or separate logins required. TON Wallet is built into Telegram's interface and is beginning its U.S. rollout this week. It is a self-custodial crypto wallet in which a user controls their own private keys. The service, developed by The Open Platform, which is known as TOP, and built on the TON blockchain, allows users to send stablecoins and other digital tokens to th

Telegram’s crypto wallet launches in the US

Telegram is expanding access to its crypto wallet for its 87 million users in the U.S. The TON wallet, named because it is built on the TON blockchain, is integrated directly into the Telegram app. By existing within the app, Telegram’s crypto wallet is supposed to form an easier onramp for new crypto users. Telegram has offered crypto wallets to international users since 2023, though it was unable to roll out in the US until now due to regulatory uncertainty. Telegram says more than 100 milli

Indian crypto exchange CoinDCX confirms $44M stolen during hack

India’s largest crypto exchange CoinDCX has confirmed that one of its internal operational accounts was compromised in a recent security breach, allowing the hackers to make off with millions in crypto. On Saturday, CoinDCX co-founder and CEO Sumit Gupta disclosed in a post on X that an internal account “used only for liquidity provisioning on a partner exchange” was compromised during the hack. The executive assured that the incident did not affect customer funds and that all its customer asse

Spanish police arrest five over $542M crypto investment scheme

Spanish law enforcement arrested five people suspected of running an international cryptocurrency investment fraud scheme that laundered more than €460 million ($542 million) from over 5,000 victims worldwide, according to a statement from Europol. The suspects, based in Madrid and the Canary Islands, allegedly operated a global network of accomplices who collected money through cash deposits, wire transfers and cryptocurrency transactions. According to Spain’s Guardia Civil, the criminal ring

Cryptocurrency exchanges begin offering tokenized securities

As cryptocurrencies become more intertwined with the traditional financial system, industry heavyweights are racing for a long-sought goal of turning real-world assets into digital tokens. “Tokenization is going to open the door to a massive trading revolution,” said Vlad Tenev, the CEO of the trading platform Robinhood at a recent James Bond-themed tokenization launch event in the south of France. Advocates say tokenization is the next leap forward in crypto and can help break down walls that

Indian crypto exchange CoinDCX confirms $44 million stolen during hack

India’s largest crypto exchange CoinDCX has confirmed that one of its internal operational accounts was compromised in a recent security breach, allowing the hackers to make off with millions in crypto. On Saturday, CoinDCX co-founder and CEO Sumit Gupta disclosed in a post on X that an internal account “used only for liquidity provisioning on a partner exchange” was compromised during the hack. The executive assured that the incident did not affect customer funds and that all its customer asse

Trump’s Cabinet Is Cashing in on Crypto

Congress’s big “Crypto Week” might have faded into the background a bit due to cryptic messages Donald Trump left in a birthday note to Jeffrey Epstein, but Republicans in the House and Senate did, in fact, manage to pass a couple of laws that will establish loose, industry-friendly regulations for cryptocurrency. Which means it is a perfect time to be reminded that the Trump administration is packed with people who stand to benefit from cryptocurrency being mainstreamed. Trump himself, of cour

Trump signs first major crypto bill, the GENIUS Act, into law

is a senior policy reporter at The Verge, covering the intersection of Silicon Valley and Capitol Hill. She spent 5 years covering tech policy at CNBC, writing about antitrust, privacy, and content moderation reform. In a landmark victory for the crypto industry, President Donald Trump signed the GENIUS Act into law, establishing a regulatory framework for a type of digital currency known as stablecoins. The GENIUS Act creates rules for entities that issue stablecoins, whose value is tied to a

Ether takes spotlight as Trump signs stablecoin bill into first major U.S. crypto law

In this article ETH.CM= BTC.CM= COIN HOOD BMNR MSTR MARA Follow your favorite stocks CREATE FREE ACCOUNT Jonathan Raa | Nurphoto | Getty Images Ether climbed to end the week as President Donald Trump signed the GENIUS Act stablecoin legislation into law, while bitcoin and its proxies took a breather. The price of ether was last higher by 4% at $3,578.67, according to Coin Metrics, trading at highs not seen since January and turning positive for the year. On Thursday, ETFs tracking the pr

Ether takes crypto spotlight as Congress passes historic stablecoin bill

In this article ETH.CM= BTC.CM= COIN HOOD BMNR MSTR MARA Follow your favorite stocks CREATE FREE ACCOUNT Jonathan Raa | Nurphoto | Getty Images Ether climbed to end the week as the GENIUS Act heads to President Donald Trump's desk to be signed into law, while bitcoin and its proxies took a breather. The price of ether was last higher by 3.6% at $3,558.68, according to Coin Metrics, trading at highs not seen since January. On Thursday, ETFs tracking the price of ether saw daily inflows to

Ether and trading stocks take the crypto spotlight as Congress passes historic stablecoin bill

Ether and other crypto related stocks climbed to end the week as the GENIUS Act heads to President Donald Trump's desk to be signed into law. Bitcoin and its proxies took a breather. The price of ether was last higher by 3.6% at $3,558.68, according to Coin Metrics, trading at highs not seen since January. On Thursday, ETFs tracking the price of ether saw daily inflows top those of bitcoin ETFs for the first time ever. The funds logged $602 million in net inflows, led by BlackRock's iShares Et

New Phobos ransomware decryptor lets victims recover files for free

The Japanese police have released a Phobos and 8-Base ransomware decryptor that lets victims recover their files for free, with BleepingComputer confirming that it successfully decrypts files. Phobos is a ransomware-as-a-service operation that launched in December 2018, enabling other threat actors to join as affiliates and utilize their encryption tool in attacks. In exchange, any ransom payments were split between the affiliate and the operators. While the ransomware operation did not receiv

No More Waiting: New Crypto Law Unlocks Cheaper, Faster Money for Everyone

For more than a decade, cryptocurrency lived in legal limbo. It was too weird to regulate, too volatile to trust, and too new for Washington to take seriously. That just changed. The U.S. House of Representatives has passed the GENIUS Act, the first major federal law regulating stablecoins, digital currencies backed by the U.S. dollar. The bill now heads to President Trump’s desk, where it’s expected to become law. Here’s what it means for you, your money, and the financial system around you.

The crypto industry got what it paid for

is a senior policy reporter at The Verge, covering the intersection of Silicon Valley and Capitol Hill. She spent 5 years covering tech policy at CNBC, writing about antitrust, privacy, and content moderation reform. The crypto industry is beginning to see a return on one of its most prescient investments: Donald Trump. On Thursday, the House of Representatives passed three bills that industry supporters believe will bring more legitimacy and predictability to the digital currency space — and

Crypto’s Wild West Era Is Over

For more than a decade, cryptocurrency lived in a regulatory gray zone. Loved by libertarians, feared by bankers, and mocked by lawmakers, it was treated like a side project of the internet, too weird to regulate and too volatile to embrace. That era just ended. The U.S. House of Representatives has officially passed the GENIUS Act, a landmark bill that sets federal rules for stablecoins—the digital currencies pegged to the U.S. dollar. The bill is expected to be signed into law by President Do

US passes first major national crypto legislation

US passes first major national crypto legislation 43 minutes ago Share Save Natalie Sherman BBC News Share Save Getty Images Lawmakers in the US have passed the country's first major national cryptocurrency legislation. It is a major milestone for the once fringe industry, which has been lobbying Congress over regulation for years and poured millions into last year's election, backing candidates that included Donald Trump. The bill sets up a regulatory regime for so-called stablecoins, a kind