Cryptocurrencies

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A Queensland man enjoyed soaring profits from a crypto trading app. Then his money started disappearing

The administrative work required to run an effective investment scam has been drastically cut by using merging technologyGet our breaking news email, free app or daily news podcastWithin days of clicking on an online ad for a cryptocurrency trading app, a 29-year-old Queensland man watched his dashboard soar with profits.Making investment gains was as simple […]

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Trump has normalized crypto. Is it the path to the next financial collapse? | Eduardo Porter

Cheerleading by the president, who made $1.2bn last year off uninsured currency, does not bode well for US economyThe scale of the graft is decidedly off the charts, but the revelation that Donald Trump raked in a personal fortune of $2.2bn during his first year in office should come as no surprise. The president didn’t

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Trump made $1.4bn from crypto in one year. Is Justin Sun the man who helped him do it?

The entrepreneur is known in Washington as the financial power behind the president’s crypto fortune. How did Sun’s business love-in with the Trump family spiral into dueling lawsuits?The most infamous financial scandal in US presidential history – the 1920s Teapot Dome affair – involved then president Warren G Harding’s interior secretary, Albert Fall, taking roughly

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Americans disgusted at Trump earning $1bn from crypto as president: ‘Obviously a grift’

Hundreds of Guardian readers expressed concerns over greed in the White House and a billionaire president unconcerned with high gas and grocery pricesDonald Trump has earned more than $1bn from his crypto businesses since returning to the White House, according to recent financial disclosures.Amid questions of conflict of interest, more than 400 Americans expressed feelings

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Bitcoin firm advertised by Nigel Farage loses 15% of asset value

Exclusive: Finance experts warn against investing in bitcoin treasury companies after Stack BTC assets plungeA bitcoin company that Nigel Farage has advertised lost more than 15% of its asset value, prompting finance experts to warn investors against those types of firms.The Reform UK leader has invested £215,000 in a bitcoin treasury company named Stack BTC.

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Trump accused of ‘disgusting’ crypto greed after earning over $1bn since return to office

Elizabeth Warren and colleagues demanded tighter rules on political figures’ crypto dealings, citing disclosures of large-scale Trump family profitsUS politics live – latest updatesDonald Trump has again been accused of “brazen crypto corruption” after financial disclosures revealed his family’s cryptocurrency ventures generated more than $1bn in his first year back in the White House.Elizabeth Warren,

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Trump raked in more than $1bn from crypto businesses in 2025, filing shows

President’s crypto ventures have eclipsed in revenue much of his property portfolio that took decades to accumulateDonald Trump raked in more than $1bn from his crypto businesses last year, a federal filing released Monday shows, giving a substantial boost to his annual income.In his second term, the president and his family have heavily invested in

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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

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‘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

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