A complaint filed with the Maine Attorney General's office also alleges the attack was only discovered six months after it occurred.
Latest News on Business

When we talk about the role of Bitcoin (BTC) or blockchain in business, we are talking about either business ventures building blockchain/cryptocurrency systems, products or infrastructure; or the integration and adoption of cryptocurrency in existing enterprises as a supported payment method.
Bitcoin and cryptocurrency businesses face incredible challenges on two fronts: regulation and adoption.
Over the years, many high-profile crypto businesses such as some of the leading exchanges have had to move operations across the country or to other countries entirely to avoid severely inhibiting regulatory constraints in certain jurisdictions.
At the same time, mainstream adoption by individuals and established businesses is a very steep uphill battle for entrepreneurs as they attempt to make crypto more accessible and compelling to enterprises and laypeople alike.
Stay tuned as we chronicle blockchain and cryptocurrency’s shifting role in the world of business.
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- News
Citing sources close to the banking lobby, Austin Campbell says financial institutions are spooked by stablecoins that pay interest.
5760 - News
Bitcoin has set a new all-time high just nine days after the US and China closed a 90-day trade agreement, easing economic uncertainty and market jitters.
9231 - Opinion
While crypto market sentiment often swings with price volatility, the true momentum in the industry lies beneath the surface, within the relentless activity of developers building real-world solutions.
863 - News
Trugard and Webacy have launched a machine learning–powered AI tool to detect crypto wallet address poisoning, claiming a 97% success rate.
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The GENIUS Act would legitimize stablecoins for institutional adoption and set a precedent for other global jurisdictions, according to the managing partner of DWF Labs.
2426 - News
"Invisible" crypto infrastructure provider SukuPay is now integrated into Guatemala's biggest banking provider, Banco Industrial.
2597 - News
Bitcoin Suisse received in-principle approval from the Abu Dhabi Global Market, marking its first expansion outside the European Union.
3101 - News
Crypto.com has secured a MiFID license to offer regulated crypto derivatives in the European Economic Area, expanding its presence in Europe following earlier MiCA approval.
1861 - News
KindlyMD shares jumped 5% after shareholders greenlit a merger with Nakamoto Holdings, founded by Donald Trump crypto adviser David Bailey.
4407 - News
Blackstone reported holding just over $1 million worth of shares in BlackRock’s spot Bitcoin ETF as of March 31, its first ever crypto-related purchase.
5311 - News
The SEC claims thousands of investors were drawn in by “fictitious promises” that the crypto assets were backed by billions of dollars in real estate.
3486 - News
Strive said it is looking to acquire 75,000 Bitcoin from claims tied to Mt. Gox to buy the cryptocurrency at a discount.
6428 - News
Decentralized exchange Bancor is seeking damages over Uniswap’s alleged infringement of its patented technology
20106 - Analysis
Brian Armstrong recently said it's "not [his] place" to question Donald Trump's ties to crypto, but the CEO, like many in the industry, has been getting more political.
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