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Staples Center to be renamed in reported $700M deal

Agence France-Presse
Posted at Nov 18 09:09 AM

The Los Angeles Lakers' famed home, the Staples Center, is to be renamed next month in a deal worth a reported $700 million. Read more »

From Squid coin to memes, the 'Wild West' of crypto

Joseph Sotinel with Thomas Urbain in New York, Agence France-Presse
Updated as of Nov 10 09:45 AM

While bitcoin is leading the way, investors snapping up newer cryptocurrencies are falling victim to scams. Read more »

Crypto addiction: A hidden epidemic?

Katy Lee and Ed Jones, Agence France-Presse
Posted at Nov 04 12:17 PM

Tweets by "people discussing deep depression, really extreme thoughts of isolation and suicide" often accompany plunges in value. Read more »

Bitcoin tops $60,000 on US fund approval hopes

Joseph Sotinel, Agence France-Presse
Posted at Oct 16 07:56 AM

Bitcoin breached the $60,000 mark for the first time since April. Read more »

Salaries to remittances: Afghans embrace crypto amid financial chaos

Rina Chandran, Thomson Reuters Foundation
Posted at Oct 11 08:45 AM

When Roya Mahboob began paying her staff and freelancers in Afghanistan in bitcoin nearly 10 years ago, little did she know that for some of these women the digital currency would be their ticket out of the country after the fall of Kabul in August. Read more »

Elon Musk wants US regulators to let cryptocurrency 'fly'

Agence France-Presse
Posted at Sep 29 03:08 PM

Tesla chief executive Elon Musk thinks US regulators should take cryptocurrency out of their crosshairs, leaving it free to 'fly', he told a conference in California on Tuesday. Read more »

Crypto exchange Huobi to clean up existing mainland clients by end-2021

Reuters
Posted at Sep 27 11:09 AM

Chinese cryptocurrency exchange Huobi Global said on Sunday it had stopped taking new mainland customers from Friday and would end contracts with mainland clients by the end of the year to comply with local regulations. Read more »

BSP and SEC not yet requiring Axie Infinity to register

Warren de Guzman, ABS-CBN News
Posted at Sep 06 05:58 PM

Play-to-earn online game Axie Infinity is not yet required to register with Philippine securities and monetary regulators, but it will be monitored. Read more »

Bitcoin jumps above $50,000 for first time since May

Agence France-Presse
Posted at Aug 23 11:38 AM

Bitcoin broke back above $50,000 on Monday for the first time in three months as investors piled back into the cryptocurrency on bargain-buying. Read more »

PayPal to let UK users buy, hold and sell crypto

Agence France-Presse
Posted at Aug 23 09:06 AM

PayPal on Monday said it will this week begin to allow users in Britain to buy, hold and sell cryptocurrency through the online payment platform for the first time. Read more »

Over half of crypto tokens stolen in $610 mln hack now returned, Poly Network says

Tom Wilson, Reuters
Posted at Aug 13 09:54 AM

Hackers behind one of the biggest ever digital coin heists have now returned over half of the $610 million-plus they stole, the cryptocurrency platform targeted by the hack said on Thursday. Read more »

$260-M in stolen funds returned to crypto platform

Tom Wilson, Tom Westbrook and Alun John, Reuters
Posted at Aug 12 07:22 AM

Hackers behind one of the biggest ever cryptocurrency heists have returned more than a third of $613 million in digital coins they stole, the company at the center of the hack said on Wednesday. Read more »

Crypto-mining operation uncovered at Polish police headquarters

Agence France-Presse
Posted at Jul 31 07:15 AM

"A civilian employee, not a police officer... attempted to steal electricity to mine bitcoin," police spokesman Mariusz Ciarka told the TVN24 news channel. Read more »

China's crypto-miners look abroad as regulators tighten noose

Agence France-Presse
Posted at Jun 24 08:45 PM

When a prefecture in northwestern China's Xinjiang region ordered a halt on cryptocurrency mining projects this month, Chris Zhu scrambled to move clients' machines southward, spending over a week to reassemble in Sichuan.   Read more »

China arrests over 1,100 suspects in crackdown on crypto-related money laundering

Reuters
Posted at Jun 10 11:24 AM

Police in China arrested over 1,100 people suspected of using cryptocurrencies to launder illegal proceeds from telephone and Internet scams in a recent crackdown, the Ministry of Public Security said. Read more »

Bitcoin is now legal tender in El Salvador

Agence France-Presse
Posted at Jun 09 03:37 PM

The Congress of El Salvador has approved a law that will classify Bitcoin as legal tender in the Central American country, its president said, making it the world's first nation to adopt a cryptocurrency. Read more »

Bitcoin edges back from $40,000 as volatility lingers

Reuters
Posted at May 27 08:55 AM

Bitcoin climbed back above $40,000 on Wednesday for the first time this week, before edging off its highs, as recent volatility in the cryptocurrency market showed few signs of dampening down. Read more »

Crypto miners halt China business after Beijing cracks down, bitcoin tumbles

Reuters
Posted at May 24 06:25 PM

Cryptocurrency miners, including HashCow and BTC.TOP, have halted all or part of their China operations after Beijing intensified a crackdown on bitcoin mining and trading, hammering digital currencies amid heightened global regulatory scrutiny.   Read more »

Why does bitcoin consume 'insane' energy?

Ali Bekhtaoui, Agence France-Presse
Posted at May 14 08:47 AM

Cryptocurrency fans have counted Tesla boss Elon Musk as among their champions, but this week he rocked their world by questioning the future of digital assets and singling out carbon emissions from bitcoin mining for particular criticism. Read more »

Facebook-backed crypto project Diem shifts to US

ABS-CBN News
Posted at May 13 09:31 AM

Facebook-backed digital payments project Diem said Wednesday it is shifting to the United States to launch a "stablecoin" backed by dollars. Read more »