The cryptocurrency was ‘practically worthless’ A pastor who is accused of stealing $1.3 million through a cryptocurrency fraud scheme has claimed that the “Lord told us to.” Eli Regalado and his wife Kaitlyn marketed their own cryptocurrency, INDXcoin, to Christian communities in Denver, Colorado. The pair managed to raise nearly $3.2 million from 300 people […]

2 years ago

‘I would just lay in bed and think about it’ A man had just two attempts to try and remember his password in order to access $240m worth of Bitcoin. Stefan Thomas, a German-born programmer living in San Francisco, had 7,002 bitcoins that were given to him in 2011. The cryptocurrency had been given to […]

2 years ago

Tiantian Kullander was ‘widely recognised as a pioneer for the industry’ The co-founder of a cryptocurrency has suddenly died at the age of 30. Tiantian Kullander, the co-founder of Hong Kong-based digital asset company Amber Group, died in his sleep on November 23. The company confirmed Tiantian’s passing on its website “with the deepest sadness […]

3 years ago

Hell of an investment return Justin Bieber’s Bored Ape NFT, which he bought for $1.3 million (£1.09m) earlier this year, is now worth a fraction of the price, at around $67,000 (£56,310). In January, the pop star purchased his first Bored Ape Yacht Club NFT for 500 Ethereum, a blockchain currency, the equivalent of $1.3 million, Insider […]

3 years ago

Musk is hoping to turn Twitter into a ‘super app’ Elon Musk plans to turn Twitter into a money service business where users could send currency back and forth – including cryptocurrencies such as dogecoin and bitcoin. On November 4, the Tesla CEO submitted an application with the US Treasury Department Financial Crimes Enforcement Network […]

3 years ago

Chris Williamson only invested $20 It is the stuff of dreams, but for one man it came true. Chris Williamson woke up to learn he had become the richest man on the planet overnight. He invested $20 on cryptocurrency last year and a few days later woke up to discover he was wealthy beyond his […]

3 years ago