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Elliott Management, a $34 billion hedge fund, described cryptocurrencies as ‘one of the most brilliant scams in history' in a brutal takedown

ELLIOTT MANAGEMENT, A $34 BILLION HEDGE FUND, DESCRIBED CRYPTOCURRENCIES AS ‘ONE OF THE MOST BRILLIANT SCAMS IN HISTORY' IN A BRUTAL TAKEDOWN

Elliott Management, a $34 billion hedge fund, told clients that cryptocurrencies will likely one day be described "as one of the most...

S&P: Warnings that cryptocurrency could crash the global financial system are 'much ado about nothing'

S&P: WARNINGS THAT CRYPTOCURRENCY COULD CRASH THE GLOBAL FINANCIAL SYSTEM ARE 'MUCH ADO ABOUT NOTHING'

S&P Global Ratings: Cryptocurrencies would have "an insignificant effect on global financial stability if its value were to collapse." "If...

 
 
 
Ethereum founder warns cryptocurrencies ‘could drop to near-zero at any time'

ETHEREUM FOUNDER WARNS CRYPTOCURRENCIES ‘COULD DROP TO NEAR-ZERO AT ANY TIME'

Virtual currencies are still a newcomer class in the world of assets and could drastically fall at any time, according to the founder...

Coinbase blames Visa for glitch that overcharged users

COINBASE BLAMES VISA FOR GLITCH THAT OVERCHARGED USERS

While Coinbase has had its fair share of technical issues the last few months, it seems the latest one may not be their fault. Earlier...

 
 
 
Cryptocurrency investors on Coinbase got hit with thousands of dollars in 'ghost' charges after a credit card systems glitch

CRYPTOCURRENCY INVESTORS ON COINBASE GOT HIT WITH THOUSANDS OF DOLLARS IN 'GHOST' CHARGES AFTER A CREDIT CARD SYSTEMS GLITCH

Coinbase users reported seeing thousands of dollars in repeat ghost charges after buying cryptocurrencies from the popular exchange. One...

Bitcoin clears $10,000 for first time in 2 weeks

BITCOIN CLEARS $10,000 FOR FIRST TIME IN 2 WEEKS

Bitcoin is up more than 5% Thursday, above $10,000 for the first time in just over two weeks. Other cryptocurrencies are also up as...

 
 
 
CRYPTO INSIDER: Bitcoin crawls toward $10,000 - again

CRYPTO INSIDER: BITCOIN CRAWLS TOWARD $10,000 - AGAIN

Welcome to Crypto Insider, Business Insider's roundup of all the bitcoin and cryptocurrency news you need to know today. Sign up here...

Algorand Nabs $4M for Blockchain Aiming to Avoid Bitcoin's Flaws

ALGORAND NABS $4M FOR BLOCKCHAIN AIMING TO AVOID BITCOIN'S FLAWS

A new startup out of MIT called Algorand has raised $4 million from investors to help it launch a blockchain-based system that the...

 
 
 
Bitcoin is nearing $10,000 for the first time in 2 weeks

BITCOIN IS NEARING $10,000 FOR THE FIRST TIME IN 2 WEEKS

Bitcoin up over 3% on Thursday morning and closing in on $10,000. Other cryptocurrencies are also up on Thursday morning, as the crypto...

This top bitcoin booster thinks the cryptocurrency will hit $40,000 a coin this year - but believes 90% of other ones will fail

THIS TOP BITCOIN BOOSTER THINKS THE CRYPTOCURRENCY WILL HIT $40,000 A COIN THIS YEAR - BUT BELIEVES 90% OF OTHER ONES WILL FAIL

Llew Claasen, the executive director of the Bitcoin Foundation, predicted its namesake cryptocurrency will hit $40,000 a coin by the...

 
 
 
CRYPTO INSIDER: South Korea backpedals on its proposed ban

CRYPTO INSIDER: SOUTH KOREA BACKPEDALS ON ITS PROPOSED BAN

Getty Images Welcome to Crypto Insider, Business Insider's roundup of all the bitcoin and cryptocurrency news you need to know today....

Salon has every right to hijack your laptop to mine cryptocurrency while you read it

SALON HAS EVERY RIGHT TO HIJACK YOUR LAPTOP TO MINE CRYPTOCURRENCY WHILE YOU READ IT

Salon is mining cryptocurrency via the web browser of any reader who refuses to turn off their adblocker. The liberal web magazine...

 
 
 
Ripple CEO: Most cryptocurrencies will go to $0

RIPPLE CEO: MOST CRYPTOCURRENCIES WILL GO TO $0

Ripple CEO Brad Garlinghouse, the man behind the hot XRP token, said he expects 'most' cryptocurrencies will eventually go to zero. Speaking...

Telegram Exploit Used To Spread Cryptocurrency Mining Malware

TELEGRAM EXPLOIT USED TO SPREAD CRYPTOCURRENCY MINING MALWARE

It seems like every other day we hear about another website or another service being exploited to deliver cryptocurrency mining malware....

 
 
 
CRYPTO INSIDER: Litecoin is getting ready to fork

CRYPTO INSIDER: LITECOIN IS GETTING READY TO FORK

YouTube Welcome to Crypto Insider, Business Insider's roundup of all the bitcoin and cryptocurrency news you need to know today. Sign...

Coincheck users are suing to get their money off the hacked cryptocurrency exchange

COINCHECK USERS ARE SUING TO GET THEIR MONEY OFF THE HACKED CRYPTOCURRENCY EXCHANGE

The fallout from the year's biggest cryptocurrency hack to date continues. On Monday, Reuters reported that 10 traders who used the...

 
 
 
Italian cryptocurrency exchange gets hacked for $170 million in Nano

ITALIAN CRYPTOCURRENCY EXCHANGE GETS HACKED FOR $170 MILLION IN NANO

The obscure Italian coin exchange BitGrail looks to be the latest cryptocurrency cautionary tale. On Friday, the site posted a notice...

Ripple XRP is above $1 for the first time since January

RIPPLE XRP IS ABOVE $1 FOR THE FIRST TIME SINCE JANUARY

Ripple's XRP cryptocurrency is above $1 for the first time since January. The token is up 7% in the last 24 hours after Ripple said...

 
 
 
Hackers hijack gov-run websites to mine Monero cryptocurrency

HACKERS HIJACK GOV-RUN WEBSITES TO MINE MONERO CRYPTOCURRENCY

ICO and NHS among the 4,200 infected websites

Adult content domains are home to half the sites using crypto-mining malware

ADULT CONTENT DOMAINS ARE HOME TO HALF THE SITES USING CRYPTO-MINING MALWARE

The practice of crypto-mining by hijacking a user's CPU without permission to create new currency is expanding rapidly, and the vast...