Cryptocurrencies

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‘Crypto v community’: 4,000 local US lenders join forces to fight ‘stablecoins’ law

Up to 4,000 community banks fear looming legislation to regulate digital cash will deprive rural firms and farmers of $850bn-worth of loansOn a quiet summer morning, above a small mid-western town, an American flag is waving in the breeze. The camera cuts to a father helping his son at the wheel of a tractor, and […]

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Lost your crypto access code? Be wary, there‘s a scam for that too

A niche type of fraud is lucrative enough for criminals to set up fake websites with dodgy software to harvest your dataAfter holding them for a few years, you have decided it is time to cash in your cryptocurrency holdings. The problem is, it is so long since you set up the digital wallet which

Lost your crypto access code? Be wary, there‘s a scam for that too Read More »

‘You can’t make billions without hurting people’: Cory Doctorow on Elon Musk, the AI bubble and bosses’ cruel fantasies

The writer who coined the word ‘enshittification’ tells us why AI will never deliver what it promises – and why it still appeals so much to those in powerA “centaur”, in automation theory, is a person assisted by a machine, and a “reverse centaur”, hero of Cory Doctorow’s new book, The Reverse Centaur’s Guide to

‘You can’t make billions without hurting people’: Cory Doctorow on Elon Musk, the AI bubble and bosses’ cruel fantasies Read More »

Farage trying to block ‘Britcoin’ plans that could be costly for billionaire donor

Reform UK leader used private meeting at Bank of England to urge governor to drop plans for state-run cryptocurrencyNigel Farage has been trying to block a Bank of England cryptocurrency plan that could be costly for the billionaire bankrolling his party.The Reform UK leader has said Christopher Harborne wants nothing in exchange for the millions

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‘Nigel is mad to accept his money’: who is Christopher Harborne, the mystery billionaire bankrolling Reform?

A crypto tycoon is giving record-breaking amounts to Farage’s party. But little is known about his motivesShortly before Christmas 2022, Chakrit Sakunkrit, owner of the Kamalaya Wellness Sanctuary on the Thai island of Koh Samui, invited 200 guests to spend a few days celebrating his 60th birthday. One sultry afternoon, Sakunkrit and a small group gathered

‘Nigel is mad to accept his money’: who is Christopher Harborne, the mystery billionaire bankrolling Reform? Read More »

‘Disbelief and disappointment’: how Javier Milei’s bribery scandal may have derailed Argentina’s crypto investment

Just as the industry is set to capitalize on country’s political and economic instability, president accused in $5m schemeThe Argentinian president, Javier Milei, is facing his lowest approval ratings since taking office in 2023 as newly published evidence allegedly reveals a $5m financial agreement connected to his public endorsement last year of a controversial crypto

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British computer scientist denies he is bitcoin developer Satoshi Nakamoto

New York Times report claims London-born Adam Back is creator of the cryptocurrency after comparing writingsA British computer scientist has insisted he is not the elusive developer of bitcoin, after a report claimed to unmask him as its creator.A story in the New York Times details a years-long effort to unmask Satoshi Nakamoto, the mysterious

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Private jets, deserted shores and an unbuilt resort: alleged links to sanctioned ‘scam’ empire revealed in Timor-Leste

Exclusive: Investigation finds alleged Prince Group associates were involved in unusual development in tiny nation on Australia’s doorstep, raising concerns about global spread of online fraud industryFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastGuests were enticed with the promise of luxury villas overlooking aquamarine

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World’s oldest tortoise caught in viral crypto death scam

Fake X account posing as his vet sparked global false reports of Jonathan’s death while soliciting crypto donationsAt 194 years old, Jonathan, the giant tortoise, was a youngster when Queen Victoria ascended to the throne – and has now lived long enough to fall victim to a crypto scam.News outlets including the BBC, Daily Mail

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I was paid to write fake Google reviews – then my ‘bosses’ tried to scam me

Undercover reporter gets a taste of the sprawling fraud industry in which cryptocurrencies play a crucial roleFive firms including Autotrader and Just Eat investigated over fake review failingsThe holiday flat near(ish) the Roman ruins of Pompeii was “disgusting”, and smelled of “a mix of dampness and sewage”, according to one reviewer on Google Maps. I

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