Why playing the share market, buying Bitcoin or selling a house could get you in trouble with the tax office – here’s how to make sure you don’t get stung Australian Taxation Office cracking down on those who profited from shares Tax agent H&R Block said Bitcoin investors were also in their audit sights Expert … Read more
A serial fabulist with a checkered past has been suggested as the true identity behind ‘Individual X,’ the hacker who stole Bitcoin worth $4 billion from the online black market Silk Road, only to have the cryptocurrency seized by the federal government. Raymond Ngan, 49, was implicated in the brazen digital heist in court documents … Read more
New young investors take on big risks by putting their money into cryptocurrencies and foreign exchange, regulator finds The Financial Conduct Authority said young investors use social media for tips Thrills, social status and gut instinct are motivating their investing decisions The regulator commissioned research looking into ‘self-directed’ investors By Jack Newman For Mailonline Published: … Read more
Russian national, 27, admits trying to steal data from Tesla to use for extortion: Elon Musk tweets ‘Crime and Punishment’ in Russian as sentencing looms Egor Igorevich Kriuchkov, 27, tried persuading a Tesla employee to help install malware on the company’s network to help steal company data Kriuchkov would’ve used data to extort the company … Read more
Powerful computers ‘mining’ for the cryptocurrency Bitcoin are driving global warming as data shows they use vastly more electricity than all the internet tech giants combined. Bitcoin passed the $60,000 mark for the first time on Saturday, but its rocketing value again raises questions over the vast energy resources required to run machines that mine … Read more
Bill Gates vs Elon Musk over Bitcoin: Microsoft founder – the world’s third richest man – says anyone with less money than the Tesla CEO shouldn’t mess with cryptocurrency Gates said Thursday that anyone less wealthy than Musk shouldn’t buy Bitcoin Musk and Jeff Bezos have vied as worlds richest man, with Gates in third … Read more
Bitcoin touched a market capitalization of $1 trillion as it hit yet another record high on Friday, countering analyst warnings that it is an ‘economic side show’ and a poor hedge against a fall in stock prices. The world’s most popular cryptocurrency jumped to an all-time high above $54,000, setting it on course for a … Read more
Bitcoin touched a market capitalization of $1 trillion as it hit yet another record high on Friday, countering analyst warnings that it is an ‘economic side show’ and a poor hedge against a fall in stock prices. The world’s most popular cryptocurrency jumped to an all-time high above $54,000, setting it on course for a … Read more
Uber will consider accepting Bitcoin as payment, its CEO said Thursday, a day after the company posted 2020 losses of $6.8 billion. Dara Khosrowshahi told CNBC Thursday that the ride-hailing company had discussed and ‘quickly dismissed’ the idea of investing in bitcoin. He said: ‘We’re going to keep our cash safe. We’re not in the speculation … Read more
British cyber gang ‘stole large amounts from US sports and music stars and posed as them online after accessing their phones and taking over their accounts’ British gang stole money, bitcoin and personal information from US celebrities It also hacked into the social media accounts of the victims to post content Eight suspects, between 18 … Read more