Americans lost $5.6B last year in cryptocurrency fraud scams, FBI says
The FBI received nearly 70,000 complaints in 2023 by victims of financial fraud involving bitcoin, ether and other cryptocurrencies.
Bitcoin
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Bitcoin briefly hits an all-time high, two years after FTX scandal clobbered crypto
The world’s largest cryptocurrency jumped 4% this week and briefly surpassed $68,800 Tuesday, according to CoinMarketCap.
STAR Bank debuts Bitcoin services for its mobile banking customers
Fort Wayne-based STAR, which has 13 banking offices in the Indianapolis market, said it sees a business opportunity in Bitcoin and plans to add additional cryptocurrency services as demand warrants.
Are cryptocurrencies on the verge of going mainstream?
The Office of the Comptroller of the Currency, which regulates federally chartered U.S. banks, has recently given banks the go-ahead to engage in certain types of cryptocurrency transactions.
Tesla buys $1.5B in Bitcoin, will accept as payment soon
Tesla is in a unique position to accept digital currencies for payment, since the automaker does not rely on a network of independently owned dealerships to sell its vehicles unlike traditional car companies such as General Motors and Ford.
Biden, Gates, other Twitter accounts hacked in Bitcoin scam
The ruse included bogus tweets from former President Barack Obama, Democratic presidential front-runner Joe Biden, Mike Bloomberg and a number of tech billionaires including Amazon CEO Jeff Bezos, Microsoft co-founder Bill Gates and Tesla CEO Elon Musk.
2018 Innovation Issue graphic: How a bitcoin is mined
New bitcoins are created during the digital process of verifying transactions. Here’s how it works.
2018 Innovation Issue: There’s promise in cryptocurrencies but plenty of skepticism, too
Cryptocurrency might not be coming to a bank near you—yet. But bitcoin ATMs are springing up across central Indiana and the nation, and some tech leaders say that, within a decade, cryptocurrency could be more life-altering than the internet.
Indiana joins nationwide effort to crack down on cryptocurrency fraud
The effort, dubbed “Operation Cryptosweep,” is being coordinated by the North American Securities Administrators Association.
Sells Group expands into cryptocurrency and blockchain, opens offices in Montreal, Dallas
Sells Group is finding unique ways to combine cryptocurrency and blockchain technology with some of its more traditional digital marketing offerings.
As Bitcoin gains converts, entrepreneur debuts ATM
Indiana’s first Bitcoin ATM, which recently debuted at an Irvington e-cigarette emporium called World of Vapor, is either a glimpse of Indiana’s cyber-money future or an anachronism. Or perhaps both.