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Police Arrest Hackers Suspected of Stealing $87 Million in Crypto

Chinese police have arrested three individuals who allegedly stole bitcoin and other cryptocurrencies worth around 600 million yuan, or $87 million.

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Markets

California Judge Orders Accused Hacker to Pay Bail in Crypto

A man has been ordered to pay bail in cryptocurrency while he faces charges of hacking the computer network of a San Francisco game company.

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Markets

Mark Cuban-Backed Unikrn ICO Hit by Class Action Lawsuit

Unikrn, an e-sport betting firm that conducted an ICO last year, is now facing a class action suit accusing it of violating US securities law.

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Markets

California Is Open to Allowing Crypto Political Donations

Candidates for public office in California may soon be able to accept cryptocurrencies as donations, though the practice has not yet been codified.

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Markets

Judge Issues Default Judgment in ICO Fraud Lawsuit

A federal judge ruled against Monkey Capital after finding it defrauded victims in an initial coin offering.

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Markets

US Senate to Examine Energy Efficiency of Blockchain

The U.S. Senate will host a hearing on blockchain's energy use and whether the tech can be used to protect infrastructure next week.

The U.S. infrastructure bill's tax provisions could affect the price of ether.

Markets

AT&T Sued for $224 Million After Phone Hackers Rob Crypto Investor

Michael Terpin is suing AT&T, claiming the company's failure to protect his cellphone data led to hackers stealing $24 million in cryptocurrencies.

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Markets

Judge Denies Effort to Move XRP Investor Lawsuit to Lower Court

A district judge has slapped down an investor's effort to move a lawsuit against payments firm Ripple to a lower court.

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Markets

SEC Slaps 'Fraudulent' ICO Founder With $30K Fine, Lifetime Ban

The SEC has issued a cease-and-desist along with a $30,000 penalty to the founder of a token sale it called "fraudulent."

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Markets

EU Lawmaker Wants to Include ICOs in New Crowdfunding Rules

A draft proposal by the EP's Committee on Economic and Monetary Affairs suggests creating new regulations for public initial coin offerings (ICOs).

EP