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Former Chinese takeaway worker jailed for money laundering after police seized 61,000 bitcoins — currently worth $4 billion

Authorities were alerted when the British-Chinese woman attempted to buy London properties valued a…

Nathan Rennolds   


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3 mins read

3 reasons the dollar can't be dethroned as the world's dominant currency, according to Morgan Stanley

The US dollar won't be displaced by any of its rivals anytime soon, Morgan Stanley said.

Jennifer Sor   


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1 min read

China's stock rout has spurred a mad dash into banned bitcoin

China's crypto volumes have outpaced those in Hong Kong as investors shy away from domestic stocks.

Filip De Mott   


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After F&O trading platform, CoinSwitch's founders launch zero-commission Mutual Funds with Lemonn

PeepalCo's Lemonn platform is now offering zero-commission Mutual Funds, competing with top Indian …

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Jamie Dimon warns the world order is being challenged and bashes crypto once more

JPMorgan's CEO warned of sticky inflation, rising interest rates, a recession, and global turmoil, …

Theron Mohamed   


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3 mins read

Donald Trump's Truth Social has crashed 70% from its peak and experts say the meme stock may fall further

TMTG, which owns Trump's Truth Social, needs to build a real business to deliver sustained stock-pr…

Theron Mohamed   


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1 min read

China is Binance's biggest market despite its ban on cryptocurrency trading, report says

Crypto assets worth $90 billion were traded on Binance in China in May, The Wall Street Journal rep…

Joseph Wilkins   


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Google says crypto fraudsters are making it look bad

Google filed a lawsuit against two scammers it says tricked the company into accepting fraudulent a…

Grace Eliza Goodwin   


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A Chinese takeaway worker who had 61,000 bitcoin worth $1.8 billion seized by police found guilty of money laundering

Jian Wen was convicted of money laundering in a London court on Wednesday after police seized 61,00…

George Glover   


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Bitcoin and gold are both on fire right now — but for very different reasons

The leading cryptocurrency and the precious metal are both on winning streaks, but analysts say the…

George Glover   


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1 min read

Stock market today: Bitcoin flirts with record highs as traders await clues on the Fed's next move

Bitcoin slipped in premarket trading Tuesday, and US stock futures dropped as investors waited for …

George Glover   


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China's yuan will take over as Russia's main trade currency 'once and for all' as US sanctions get tighter, think tank says

Ruble volatility will get worse in Russia amid fresh US sanctions, but this offers a way for the Ch…

Filip De Mott   


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The era of US dollar dominance is 'finished,' says Wall Street veteran who just retired after 54 years

Dick Bove, who retired this month after more than half a century as an analyst, said the dollar's p…

Theron Mohamed   


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How China and Russia are reportedly using 'underground' channels to get around sanctions

Chinese firms that trade with Russia are seeking alternatives to official finance channels, as the …

Filip De Mott   


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A lawsuit filed against a bitcoin mine in Texas has shed light on a growing trend: US crypto mines backed by millions of dollars from Chinese investors

A rise in cryptocurrency-mining facilities in Texas and other states has come under scrutiny for th…

Kiera Fields   


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5 mins read

Investing icon Charlie Munger hailed Costco, slammed crypto, and ridiculed Russia in one of the last interviews of his life. Here are the 20 best quotes.

Warren Buffett's late business partner, Charlie Munger, shared some key investing lessons and tackl…

Theron Mohamed   


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1 min read

Crypto is funding businesses in China that fuel the fentanyl trade, Senator Elizabeth Warren says

Crypto could be used for payment in $540 billion worth of fentanyl supply from China, according to …

Jennifer Sor   


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Ray Dalio warns 'money as we know it is in jeopardy' and favors an inflation-linked cryptocurrency over bitcoin

The Bridgewater Associates founder also told CNBC that he sees China's yuan and digital renminbi ma…

Brian Evans   


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US officials say they're worried a Chinese-owned bitcoin mine in Wyoming will pose a national security threat, NYT reports

Microsoft relayed concerns to the US government that a Cheyenne, Wyoming, Bitcoin mining operation …

Hannah Getahun   


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Binance CEO says deposits returning after mega $1.14 bn withdrawals

Amid the FTX collapse saga, customers withdrew $1.14 billion in just 12 hours from leading crypto e…