All posts tagged "Bitcoin"

An unsettling new message was sent to TMZ on Thursday by a person claiming to know who kidnapped Nancy Guthrie.

TMZ previously received an email on Wednesday asking for 1 bitcoin, worth about $65,000, in exchange for revealing the person responsible for Guthrie's disappearance. On Thursday, it received a second message — and this time it contained a more chilling tone. No activity or deposit has been made in the Bitcoin account associated with the request.

"Just after 8 AM Pacific Time Thursday ... TMZ received a second email from the same person, who complained, 'I am not being taken seriously.' He makes some ominous statements in the email ... TMZ is cooperating with law enforcement by not disclosing specifics. One thing he makes clear ... the situation has changed from Wednesday to Thursday," the outlet reported....

This article originally appeared in OpenSecrets. Sign up for their weekly newsletter to receive stories like this one in your inbox.

Former president Donald Trump’s selection of Sen. J.D. Vance (R-Ohio), as his running mate is expected to turbocharge the cryptocurrency industry’s spending in the 2024 election cycle.

Vance, who owns up to $250,000 in Bitcoin, is a recent champion of the digital asset industry. During his time in the Senate, Vance has drafted legislation that would rework how the Securities and Exchange Commission and Commodity Futures Trading Commission regulate the crypto community — much to the liking of crypto investors. ...

Donald Trump on Saturday spoke at a Bitcoin conference, after which attendees ridiculed the former president's "rambling" speech.

Trump over the weekend gave his usual stump speech at the cryptocurrency event, along with some special "Bitcoin" lines sprinkled on top. One expert said the ex-president employed an "old authoritarian trick" at the event, as well.

After the speech, Trump headed to a rally in St. Cloud, Minnesota, with V.P. pick J.D. Vance. But for the attendees at the Bitcoin event, it was their time to vent about the speech. ...

A joint fundraising committee for President Joe Biden disgorged a $50,000 donation from Sam Bankman-Fried, the disgraced CEO of now-defunct cryptocurrency exchange FTX, according to a Raw Story review of new federal records.

The Biden Victory Fund surrendered the Bankman-Fried donation to the U.S. Marshals Service in January, Federal Election Commission records indicate.

Bankman-Fried, who made his donation to Biden in 2022, was sentenced to 25 years in prison last month for stealing $8 billion from customers, which he used in part to finance contributions to politicians and political interests across the ideological spectrum....

By Luc Olinga Bieber and Jordan invested in non-fungible tokens (NFTs), whose fall in value was accelerated by the bankruptcy of FTX. The FTX cryptocurrency exchange debacle has shocked the entire cryptocurrency industry. It is still early to determine the full damage. Industry sources agree that it will take many years to restore public confidence in the crypto industry. This crisis of confidence is also coupled with a liquidity crisis impacting many firms. This is because FTX and its founder Sam Bankman-Fried had become the saviors of companies weakened by the credit crunch, caused by the co......

By Luc Olinga The crypto crisis and the potential recession are for Gen Z and some Millennials their first big financial storms as investors. Some were still children when the financial crisis hit the world in 2008. From that crisis, caused by the collapse of subprime mortgages, Gen Z and millennials often saw only images of Lehman Brothers employees leaving their offices in New York with their boxes in their hands or images of abandoned houses in the Midwest and Florida. At the time, social media had not yet become such an important part of our daily lives. Fourteen years later, the world is ......