An anonymous reader quotes a report from Bloomberg: Cryptocurrency trading volume declined in August to the lowest level of the year, another sign of waning investor interest since the collapse of digital asset prices from all-time highs in late 2021. …

nickovs writes: The Register reports that the Bitcoin miner Riot Platforms made more money in August from not mining Bitcoin than from doing so, as a result of credits that the company received for not running its mining rigs.

Not only did it make mo…

Bitcoin mining outfit Riot Platforms earned $31.7 million from Texas power authorities last month for curtailing operations — far more than the value of the Bitcoin it mined in the same period. The Register reports: In a press release yesterday, Riot …

Ryan Salame, a top FTX executive who played a key role in the exchange’s political fundraising operations, will forfeit $1.5 billion after pleading guilty on Thursday to federal criminal charges tied to the exchange. CoinDesk reports: Salame, who was c…

The U.S. Court of Appeals for the D.C. Circuit has paved the way for bitcoin exchange-traded funds. From a report: On Tuesday, the court sided with Grayscale in a lawsuit against the Securities and Exchange Commission which had denied the company’s app…

An anonymous reader quotes a report from 404 Media: A buzzy startup offering financial infrastructure to crypto companies has found itself bankrupt primarily because it can’t gain access to a physical crypto wallet with $38.9 million in it. The company…

Cryptocurrency assets have amplified rather than reduced financial risks in less developed economies, and regulators will need to treat them in the same way they oversee other assets, some of the world’s most powerful central banks have warned. From a …

Long-time Slashdot reader UnknowingFool writes: In 2021, Craig Wright sued 12 bitcoin developers who refused help him recover 111,000 bitcoins he claimed were lost in a hack. His company, Tulip Trading, wanted the developers to put in a backdoor mechan…