How Telcos Could Lose Billions from Ultrafast Transactions
James Zhong stole USD3.3bn in cryptocurrency by executing many rapid withdrawals from online accounts.
Nigeria Is Latest Country to Make Revenue Assurance the Prelude to Taxes on Phone Users
The Nigerian government says a 5 percent tax will be imposed on all calls, SMS messages and data usage.
Cities of Gold or the Final Meltdown? Nobody Can Predict the Future of Bitcoin
Is it brave or foolish to seek USD1bn to build a Bitcoin City? Risk can be hard to evaluate but there are also downsides to doing nothing.
Central African Republic Becomes Second Country to Accept Bitcoin as Legal Tender
They follow the lead of El Salvador, but have different motives for wanting to reduce reliance on currencies controlled by the West.
Is El Salvador’s Bitcoin Experiment Mad, Bad or Genius?
US politicians and the IMF have doubts about El Salvador using bitcoin as legal tender but they should consider how much poor people spend on transferring money between countries.
Modi Bitcoin Twitter Hack Offers a Clue about the Future of Disinformation
75mn followers of the Indian Prime Minister were encouraged to buy Bitcoin, but it seems none of them did.
Mayors of New York and Miami To Take Pay in Bitcoin
Eric Adams, the newly-elected Mayor of NYC, signaled a change in political attitudes towards cryptocurrencies and the innovative businesses that use them.
Money Launderer Admits to Operating $311mn Bitcoin Mixer for Darknet Businesses
Larry Harmon’s ‘Helix’ mixer obscured the origins of cryptocurrency earned by drug dealers and other illegal enterprises.
Digital Currencies Are Becoming Mainstream
The technology for digital currencies is mature and ready for the mass market, as appreciated by an increasing number of central bankers.
El Salvador Makes Bitcoin Legal Tender: Gimmick or Game Changer?
By making Bitcoin legal tender, President Nayib Bukele has shown himself more astute than his foreign critics want you to appreciate.