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New York City woman charged with financing terrorist groups in Syria through cryptocurrency

Wednesday, February 1 by ABC News

(NEW YORK) -- A New York City woman has been charged with using cryptocurrency to provide financial support to terrorist groups in Syria, a rare prosecution involving virtual currency to fund terrorism. The 11-count indictment charged Victoria Jacobs, 43, who was known as Bakhrom Talipov,... Read More.

Cryptocurrency: Why some see it as a way to financially uplift people of color

Saturday, July 9 by ABC News

(NEW YORK) -- The digital currencies have crashed as interest rates rise and investors seek less risky investments. Can cryptocurrency become an alternative financial system for people of color who have historically faced discriminatory banking practices? Some crypto enthusiasts of color who spoke with... Read More.

Colorado to become the first state to accept cryptocurrency as payment for taxes

Thursday, February 24 by ABC News

(DENVER) -- Colorado will become the first state to accept cryptocurrency as payment for state taxes and fees, Governor Jared Polis announced Wednesday. Polis said the state, which was also the earliest to use blockchain technology for government infrastructure, will take the digital coin payments... Read More.

Cryptocurrency attracting Black, Latino investors and fans

Thursday, February 10 by ABC News

(NEW YORK) -- Caroline Altagracia, a college student at the University of Albany, said she became interested in cryptocurrency while still in high school. "It's definitely been an empowering journey," Altagracia. "I feel like when I initially was intimidated, I had to kind of get... Read More.

DOJ announces arrests in alleged $4.5 billion cryptocurrency laundering scheme

Wednesday, February 9 by ABC News

(WASHINGTON) -- The Justice Department on Tuesday announced the arrests of a New York couple charged with conspiring to launder cryptocurrency presently valued at $4.5 billion -- stolen during the 2016 hack of Bitfinex -- marking the "largest ever" financial seizure by the department. Ilya... Read More.

‘Squid Game’-inspired cryptocurrency shot up 82,000% in first days of trading

Friday, October 29 by ABC News

A cryptocurrency based on -- but not licensed by -- the smash Netflix show Squid Game is smashing expectations. The digital currency SQUID began trading Tuesday at just $0.01235. As of around 12:30 p.m. Friday, it was worth $10.41 -- a gain of more than 82,000%. That's a market... Read More.

Statue of Bitcoin founder honors mysterious ‘god’ of cryptocurrency

Friday, September 17 by ABC News

(BUDAPEST, Hungary) -- Cryptocurrency enthusiasts unveiled what they say is the world's first statue of mystery-shrouded Bitcoin creator Satoshi Nakamoto, at a park in Budapest, Hungary. The expressionless, ultra-shiny bust is meant to represent "a general human figure, since we do not know the... Read More.

Coinbase set to go public in ‘watershed event’ for cryptocurrency

Wednesday, April 14 by ABC News

(NEW YORK) -- The popular cryptocurrency exchange platform Coinbase will become a publicly traded company listed on the Nasdaq Wednesday. The direct listing will mark the first time a major digital currency platform has gone public in the U.S. Nasdaq set an initial price of $250... Read More.

PayPal to let users pay with cryptocurrency

Tuesday, March 30 by ABC News

By CATHERINE THORBECKE, ABC News(NEW YORK) -- PayPal announced on Tuesday that it was giving its users the option to pay with cryptocurrency at the millions of online retailers that accept its payment service.The feature is being added... Read More.

Clarion County woman scammed out of $5,000 while trying to buy Bitcoin

Monday, February 8 by wcednews

Strattanville, PA – A woman was scammed out of $5,000 when she gave money to unknown person, thinking that she was investing in Bitcoin. The 69-year-old Strattanville woman wired $5,000 to the person in January. Later, the unknown suspect was unable to provide any evidence... Read More.

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Stories tagged with: cryptocurrency