Tag Archives: Bitcoin News

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At Live Bitcoin News, we’ve talked about how 2022 was reminiscent of 2018, which at one stage, was considered the worst year for bitcoin and crypto. We also mentioned that given the patterns and the similarities we were witnessing, it was possible (and even likely) that 2023 was going to be somewhat of a copy of 2019, which led to a touch of healing for most crypto fans. Bitcoin Looks Like It’s Beginning to Heal While we’re only a few weeks in, we’re thus far being...

An Ohio native allegedly stole millions of dollars in bitcoin from the Internal Revenue Service (IRS). 31-year-old Gary Harmon has recently pled guilty to one count of wire fraud and a separate count of obstruction of justice after allegedly stealing more than 700 individual bitcoin units from the agency. Gary Harmon Pleads Guilty to Crypto Theft and Wire Fraud The bitcoins in question were taken by law enforcement agents from Gary’s brother Larry Harmon, who ran a...

Bitcoin spent the early parts of January and the new year rising through the ranks and jumping beyond the $17K mark again. Everyone began to get a little excited about the currency’s prospects, but for hardcore critics like Nicholas Taleb – the author of the bestselling book The Black Swan – bitcoin is still a low-end trading tool that should be ignored and avoided at all costs. Nicholas Taleb Still Hates BTC While bitcoin may be doing somewhat better at press time, it...

Crypto crime was a big deal in 2022, and while we’re only a few weeks into 2023, it looks like the trend is continuing after a criminal gang crackdown that resulted in close to $2 million in assets – some of which were crypto units – being seized by law enforcement officials. Crypto Crime Takes on a New Form Two men have allegedly been arrested in New Zealand for taking part in various drug dealings. Police came barging into the home they were both living in and seized...

Author and crypto expert Abhinav R. Soomaney has a new book out called “Cryptocurrency in a Nutshell.” In the composition, Soomaney discusses a big topic in the crypto space: taxation. A New Crypto Tax Book By Abhinav R. Soomaney Taxation in crypto has often been talked about amongst even the most knowledgeable analysts given tax protocols within the arena’s borders can be quite complicated. In fact, during the 2020 election, there were two democrat candidates – Michael...

With January having arrived, the new Congress has convened. While at the time of writing, the House of Representatives is still struggling to elect or even nominate a republican speaker, we can rest assured that things are going to go quite well for crypto in the coming months and that the country is now well on its way towards garnering a small bit of healing from all the trouble it’s been through since Biden entered the fray. Congress Needs to Stay Out of Crypto One of...

Andy Greenberg – a technology journalist – has a new book coming out called “Tracers in the Dark: The Global Hunt for the Crime Lords of Cryptocurrency.” Andy Greenberg Has a New BTC Book Coming Out The book details the early 2021 incident in which the Colonial Pipeline was hacked by cyberthieves who demanded bitcoin and other cryptocurrencies in exchange for its release. The Department of Justice (DOJ) was able to recover half of the payment that was sent and take the...

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