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Business

The US crackdown on Russian trade is working as Putin struggles to fund his war

Trade volumes from partners such as Turkey and China have slagged in the first quarter, as foreign dealers pullback amid a US sanctions threat.

The US will see a recession by year-end that could spark a 30% drop in the stock market, legendary forecaster Gary Shilling says

Shilling told Business Insider that wave of layoffs could come as employers realize the economy was weaker than they thought.

2 founders of a crypto mixer charged with laundering funds from the dark web

Prosecutors say Samourai Wallet, which anonymized crypto transactions, laundered hundreds of millions of dollars for criminals on the dark web.

College alum surprised that his ayahuasca-inspired speech praising bitcoin got groans and boos

Pan said on LinkedIn he'd gotten "some help from AI (Ayahuasca Intelligence)" to write the speech, which featured meditation and singing.

A London millennial who turned about $6,000 into $30,000 through cryptocurrency investing shares his top investment tips

A London millennial sold $30,000 of his cryptocurrency investments to help buy an apartment. He shared his top investment tips.

FTX Customers Poised to Recover All Funds Lost in Collapse

Lawyers for the defunct cryptocurrency exchange FTX said customers would receive all the money they lost when the firm collapsed in 2022 and receive interest on top of it. "But the recoveries come with a caveat," reports the New York Times. "The amount ow

Binance Founder Changpeng Zhao Sentenced To 4 Months In Prison

Binance founder Changpeng Zhao has been sentenced to four months in prison after pleading guilty to charges related to enabling money laundering through his cryptocurrency exchange. CNBC reports: The sentence handed down to Zhao in Seattle federal court w

Alleged Cryptojacking Scheme Consumed $3.5 Million of Stolen Computing To Make Just $1 Million

An anonymous reader quotes a report from Ars Technica: Federal prosecutors indicted a Nebraska man on charges he perpetrated a cryptojacking scheme that defrauded two cloud providers -- one based in Seattle and the other in Redmond, Washington -- out of $

To make sure grandmas like his don't get conned, he scams the scammers

Livestreamers who bait scammers find creative ways to waste their time. This makes for entertaining viewing. But as scams spike, one streamer, Kitboga, wants to protect as many victims as possible.

Bitcoin's bull run may be over and the next move could see it drop nearly 50%, says a market vet who predicted the token's 2018 crash

"It has happened. It is real. You may not want to believe it, but I place a 25% chance that Bitcoin has already topped for this cycle," Brandt said.