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Australian Woman Jailed Two Years for Stealing $300,000 Worth of XRP


An Australian hacker who stole 100,000 units of the XRP cryptocurrency has been sentenced to a maximum of two years and three months in jail, local media reported. Kathryn Nguyen hacked the crypto account of a 56-year old man in January 2018. Working with an accomplice, the 25-year-old Sydney woman...

US Takes Down $25 Million Bitcoin ATM Operation, Seizes 17 Machines


The U.S. government has taken down a $25 million bitcoin ATM operation and seized 17 machines along with some cryptocurrencies. The Department of Justice says the man behind this unlicensed bitcoin ATM operation has agreed to plead guilty and is facing up to 30 years in prison. US Dismantles...

Romanian Programmer Admits Conspiring to Create $722M Bitclub Ponzi Scheme


A Romanian man admitted Thursday to conspiring to engage in wire fraud and selling unregistered securities linked to Bitclub Network, a cryptocurrency mining Ponzi scheme worth at least $722 million. Silviu Catalin Balaci, 35, a Romanian citizen appeared before U.S. District Judge Claire C. Cecchi....

'New World of Bitcoin' as it 'Re-Couples' with Stocks - Asset Manager


Bitcoin (BTC) and S&P 500 markets are "re-coupled," says a digital asset manager, which he argues brings forth a new normal for the market. Despite bitcoin proponents often referring to the popular digital asset as an uncorrelated asset, the discussions about whether it really...

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