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News Articles: crypto

President Trump embraced cryptocurrency during his campaign, including during this visit to a cryptocurrency-themed bar called Pubkey in New York City on Sept. 18.

Tagged as: 

  • Politics

Trump is set to speak to crypto founders and investors at the White House on Friday

President Trump signed an order late Thursday creating a cryptocurrency strategic reserve using bitcoin seized through court proceedings, directing officials to find "budget-neutral" ways to grow it.

March 07, 2025
|
By:
  • Deepa Shivaram
After a record-setting 2024, many analysts believe bitcoin and other cryptocurrencies could see another big surge this year.

Tagged as: 

  • Business

Is this bitcoin's golden moment? These are 3 key things to watch for cryptos in 2025

Could 2025 be another game-changing year for bitcoin and other cryptocurrencies? Here are the three things to watch in the new year.

January 06, 2025
|
By:
  • Rafael Nam
Chinese-born crypto founder Justin Sun eats a banana artwork composed of a fresh banana stuck to a wall with duct tape in Hong Kong on Friday after buying the provocative work of conceptual art by Italian artist Maurizio Cattelan at a New York auction for $6.2 million.

Tagged as: 

  • National

Banana art eaten, banana art purchase

Justin Sun uploaded a video of himself eating the $6.2 million absurdist piece conceptualized by Italian artist Maurizio Cattelan.

November 29, 2024
|
By:
  • Alana Wise
Stocks and cryptocurrencies surged after former President Trump won the presidential election. Pictured are traders working on the New York Stock Exchange in New York on Oct. 22.

Tagged as: 

  • Business

The Dow Jones soars over 1,500 points to record high after Trump wins the election

Wall Street, crypto investors, and shareholders in Trump Media are all cheering the election results.

November 06, 2024
|
By:
  • Maria Aspan
The office of Massachusetts Attorney General Andrea Joy Campbell, pictured here, sued a crypto scam company known as SpireBit and seized its assets. The proceeds have now been handed back to victims of the scheme.

Tagged as: 

  • Business

A victim of a crypto ‘pig butchering’ scam just got his $140,000 back

NPR investigated a crypto scam company known as SpireBit, which stole hundreds of thousands of dollars from Russian-speaking seniors. Now, some of the victims are getting their money back after a lawsuit by Massachusetts authorities.

October 05, 2024
|
By:
  • Bobby Allyn
The supply of new bitcoin is about to get effectively cut in half in an event called the halving. Some experts believe it could help lead to big gains in the digital currency.

Tagged as: 

  • Business

Bitcoin is about to hit an event called the halving — and it may spark a huge rally

Crypto investors are getting excited about an upcoming quadrennial event called the halving that will effectively reduce the supply of new bitcoin in half. Here's what it all means.

April 16, 2024
|
By:
  • Rafael Nam
Former FTX CEO Sam Bankman-Fried arrives for a bail hearing at Manhattan Federal Court in New York City on Aug. 11, 2023. Bankman-Fried was sentenced on Thursday to 25 years in prison after being found guilty of fraud last year.

Tagged as: 

  • Business

Sam Bankman-Fried sentenced to 25 years in prison for his FTX crimes

The sentence marks a stunning fall for the 32-year-old former crypto executive who was once seen as the future of finance.

March 28, 2024
|
By:
  • Rafael Nam
Bitcoin hit a record high following a rally sparked by the Securities and Exchange Commission's approval of bitcoin exchange-traded funds.

Tagged as: 

  • Business

Bitcoin hits a record high. Here are 4 things to know about this spectacular rally

Bitcoin hit a record high, marking a remarkable comeback from a period known as the "crypto winter." A big catalyst behind the gains has been the approval of new bitcoin investment funds.

March 05, 2024
|
By:
  • David Gura
File photo by Dado Ruvic/REUTERS

Tagged as: 

  • News

Georgia lawmakers, environmentalists blast tax break plan to expand crypto-mining in state

A proposal designed to boost the already thriving Bitcoin-mining industry in Georgia has crashed into concerns over the noise created by local crypto-mining operations and the drain on electricity and water resources.

February 09, 2024
|
By:
  • Jill Nolin
The Securities and Exchange Commission, under Chair Gary Gensler, has approved several spot bitcoin exchange-traded funds, which will track the cryptocurrency's price.

Tagged as: 

  • Business

U.S. says yes to new bitcoin funds, paving the way for more Americans to buy crypto

Bitcoin ETFs get greenlight from top federal regulator, after years of resistance. The fund will track the price of the cryptocurrency.

January 10, 2024
|
By:
  • David Gura
A bitcoin ATM is seen in Brooklyn, N.Y., on June 13, 2022. Virtual currencies like bitcoin are recovering from a tough period partly on rising hopes that bad actors have been weeded out and that confidence can return to the sector.

Tagged as: 

  • Business

After a brutal stretch, a remarkable thing is happening: Cryptocurrencies are surging

Bitcoin and other digital currencies are rallying, emerging from a stormy period with the conviction that crypto is here to stay.

December 27, 2023
|
By:
  • David Gura
Changpeng Zhao, widely known as CZ, will step down from Binance, the crypto company he founded in 2017, as part of a deal with the Department of Justice and U.S. regulators.

Tagged as: 

  • Business

CZ, founder of crypto giant Binance, pleads guilty to money laundering violations

Changpeng Zhao agreed to plead guilty to money laundering charges and step down from Binance as part of a sweeping settlement with the Department of Justice and top regulators.

November 21, 2023
|
By:
  • David Gura
A jury took less than five hours to convict former FTX CEO Sam Bankman-Fried of fraud and money laundering.

Tagged as: 

  • Business

He lost $200,000 when FTX imploded last year. He's still waiting to get it back

The crypto mogul Sam Bankman-Fried has been tried and convicted of orchestrating one of the largest financial frauds in history, but little has changed for people who lost billions when FTX collapsed.

November 19, 2023
|
By:
  • David Gura
After a monthlong trial, New York City jury found former FTX CEO Sam Bankman-Fried guilty of seven criminal counts, including securities fraud.

Tagged as: 

  • Business

Sam Bankman-Fried is guilty, and the industry he helped build wants to move on

As Sam Bankman-Fried prepares to go to prison for one of the largest financial frauds in history, the cryptocurrency industry is looking ahead to a future without its former "golden boy."

November 11, 2023
|
By:
  • David Gura
Sam Bankman-Fried leaves a Manhattan federal court in New York City on Jan. 3, 2023.

Tagged as: 

  • Business

Sam Bankman-Fried is found guilty of all charges in FTX's spectacular collapse

The conviction marks a spectacular fall from grace for a once shining star in finance. He faces decades in prison.

November 03, 2023
|
By:
  • David Gura
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