Cryptocurrencies

January 17, 2020 at 8:16 am

Crypto terrorism funding grows more sophisticated, study finds

Terrorism financing schemes using cryptocurrencies are growing in sophistication, according to researcher Chainalysis Inc., which helps law enforcement track digital-coin transactions. In one instance, terrorists...

Nation & World

Bellevue venture capitalist Gregg Bennett sued local cryptocurrency exchange Bittrex in October after hackers stole nearly $1 million in Bitcoin from his Bittrex wallet. In recent weeks, he’s stepped up his pressure campaign on the company, including by hiring stand-ins to protest Bittrex during downtown Bellevue’s annual holiday parade.

January 14, 2020 at 6:00 am

State reverses ruling on cryptocurrency exchange sued by Bellevue venture capitalist

Gregg Bennett had used the initial Department of Financial Institutions finding, following an August probe, to bolster his case.

January 10, 2020 at 5:04 pm

After hackers stole $1M in cryptocurrency, Bellevue venture capitalist launched PR blitz against local company he blames

Bellevue-based venture capitalist Gregg Bennett has filed suit — and launched a variety of PR efforts — against local cryptocurrency exchange Bittrex after hackers accessed...

A token representing Bitcoin virtual currency sits among cables and LED lighting inside a “mining rig” computer in this arranged photograph. (Bloomberg)

December 16, 2019 at 10:50 am

Sudden death of cryptocurrency exchange CEO locked out investors — but is he really dead?

No evidence has emerged to prove that Gerald Cotten's death in December 2018 was faked. But the FBI and Royal Canadian Mounted Police have launched...

Business

December 10, 2019 at 6:49 pm

3 charged with running $722M cryptocurrency scam

NEWARK, N.J. (AP) — Three men were charged with running a cryptocurrency mining operation that officials labeled a “high-tech Ponzi scheme" that bilked investors out...

Business

October 14, 2019 at 3:00 pm

Despite defections, Facebook officially launches Libra

NEW YORK (AP) — Facebook officially moved forward with its plans Monday to create a new digital currency called Libra, despite several high-profile defections from...

Business

October 11, 2019 at 2:00 pm

Visa, Mastercard shun Facebook’s Libra digital currency plan

NEW YORK (AP) — Visa and Mastercard on Friday announced their departure from Facebook's Libra project, a major setback to the social network's plan for...

Business

October 4, 2019 at 12:41 pm

PayPal bails on Facebook-led Libra cryptocurrency dream

PayPal Holdings has pulled out of the Libra Association, a blow to Facebook's efforts to develop a digital currency. "PayPal has made the decision to...

Business

October 1, 2019 at 4:24 pm

Report: Facebook’s Libra falters as key partners waver

SAN FRANCISCO (AP) — A new report says partners in Facebook's cryptocurrency-based payments network, Libra, are wavering in their support amid a backlash from U.S....

Business

September 20, 2019 at 11:44 am

Consultant extorted $8 million from Seattle cryptocurrency startup, feds charge

They "carried out an old-fashioned shakedown, to be paid off with 21st century cryptocurrency,” said the U.S. Attorney after the two were arrested.

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