The US Justice Department said it seized more than $3.6 billion in allegedly stolen cryptocurrency linked to the 2016 hack of Bitfinex. As part of the operation, authorities detained a New York couple on allegations they planned to launder the digital goods. It marks the agency’s largest financial seizure ever, Deputy Attorney General Lisa Monaco…

Smartphone manufacturer Apple Inc. announced a new Tap-to-Pay feature on the Apple Pay app. Stripe will be the first company to offer Tap-to-Pay to their business clients. The merchant will need to have at least an iPhone XS and maintain different payment methods, including cryptocurrencies. According to a press release on February 8, Apple announced…

China is using the Olympic Games they’re hosting to bring its CBDC, the digital yuan, to a qualitatively new level. The methods of achieving this goal are consistently impressive, although far from always pleasant. Just ahead of the 2022 Winter Olympics in Beijing, the People’s Bank of China (the country’s central bank) confirmed that it…