Browsing: bitcoin
Do Kwon, a South Korean entrepreneur, hyped the Luna and TerraUSD cryptocurrencies. Their failures have devastated some traders, though not the investment firms that cashed out early.
Crypto boosters such as Matt Damon, Reese Witherspoon and Gwyneth Paltrow have been criticized for hyping virtual currency without highlighting the risks.
The cryptocurrency’s plunging value has mirrored losses in the Nasdaq, a benchmark that’s weighted toward tech stocks.
In the absence of federal regulations, crypto lobbyists and executives are going state by state to get favorable rules enacted. Many lawmakers have been willing partners.
A close look at donor data — from crowdfunding campaigns to Bitcoin fund-raisers — reveals a cross-border mix of motives in support of the Canada convoy.
Tech executives and engineers are quitting Google, Meta, Amazon and other large companies for what they say is a once-in-generation opportunity with crypto.
Cryptocurrency miners are flocking to New York’s faded industrial towns, prompting concern over the environmental impact of huge computer farms.
New York City’s next mayors hitched a ride to San Juan on billionaire Brock Pierce’s private Gulfstream jet alongside his partner Tracey Collins, Politico reported on Tuesday.
El Salvador’s president said he aims to build a “Bitcoin City” at the base of a volcano in the country, where geothermal energy could be used to power the computers.
The identity of Satoshi Nakamoto – a pseudonym for the legendary, still-unidentified creator of Bitcoin – could soon be revealed in a court case in Florida, according to a report. The family of deceased computer scientist David Kleiman contends he created the cryptocurrency along with Craig Wright under the Satoshi Nakamoto name. And Kleiman’s heirs…
Eric Adams, the new mayor-elect of New York, says he wants his first three pay cheques in the role to be made out in Bitcoin.
An unemployed university drop-out who was part of the notorious darknet market Silk Road’s upper hierarchy has been ordered to hand over more than £490,000 in Bitcoin.
Burger King is teaming up with Robinhood to offer “Royal Perks” loyalty members the chance to win Dogecoin, Ethereum or Bitcoin starting Monday.
When Bitcoin launched in January 2009, it was worth pennies.
The digital coin passed the milestone at 9:43 a.m. and was trading north of $65,800 just minutes later, according to Coinbase data.
Bitcoin was trading at about $61,300 on October 18, 2021 up about 0.5 percent over the past 24 hours and 11.5 percent for the week.
Bitcoin is surging amid hope that the Securities and Exchange Commission is close to approving an exchange-traded fund that incorporates the digital coin.
A growing number of El Salvadorans have experimented with bitcoin since the country became the first to adopt it as legal tender last month.
The price of Bitcoin spiked 10 percent early Friday as the cryptocurrency market bounced back from a bruising September.
The notoriously volatile cryptocurrency was changing hands around $42,100 Wednesday morning, down 2.8 percent over the previous 24 hours and a whopping 12 percent since Sunday.
The world’s most popular cryptocurrency was trading below $43,800 mid-morning on Monday, down about 7.5 percent over the previous 24 hours.
Thousands of protestors took to the streets in El Salvador a week after the Central American nation became the first in the world to adopt Bitcoin as its legal currency alongside the US dollar.
El Salvador President Nayib Bukele stepped in on Wednesday to closely manage the fraught roll-out of a payments app that underpins the nation’s adoption of bitcoin as legal tender, and called on users to report any problems on his Twitter feed. Adopting language similar to IT departments in offices around the world, Bukele asked users to…
El Salvador’s move to become the first country in the world to make Bitcoin legal tender was marred on launch day when the government’s digital wallet system crashed.
El Salvador is set to become the first country in the world to make the cryptocurrency Bitcoin legal tender, with a recently passed law to take effect from tomorrow.
A Chinese crypto mogul who says he was once responsible for nearly 10 percent of all bitcoin mining in the world is opening up about how China’s crackdown has decimated his business.
Bitcoin’s price has climbed after Elon Musk said his electric car maker Tesla would “most likely” resume accepting the cryptocurrency.
Elon Musk on Wednesday said Tesla will “most likely” start accepting bitcoin again as more renewable energy is being used to mine the digital currency. Tesla first started accepting bitcoin as payment for its electric cars in March, but discontinued the practice in May due to environmental concerns about fossil fuels being used to mine…
Bitcoin surged more than 8 percent to trade above $32,000 on Wednesday, as the world’s most popular cryptocurrency rebounded from a brutal rout.
“The lake is so warm you feel like you’re in a hot tub,” said a woman who lives near a gas-fired New York plant that powers 8,000 computers mining Bitcoin.
Mexico’s central bank warned that cryptocurrencies are off-limits — a day after bitcoin got a plug from one of the country’s most powerful billionaires.
El Salvador will not replace the US dollar with bitcoin as the legal tender, Finance Minister Alejandro Zelaya said Wednesday, as the Central American nation sought technical assistance from the World Bank to implement bitcoin regulation. The Central American country this month became the first country to adopt bitcoin as legal tender, with President Nayib…
Bitcoin jumped nearly 10 percent late Sunday after Elon Musk tweeted that Tesla may resume accepting the cryptocurrency as payment.
The F.B.I. scored two major victories, recovering a Bitcoin ransom and tricking lawbreakers with an encryption app. But criminals may still have the upper hand.
The F.B.I.’s recovery of Bitcoins paid in the Colonial Pipeline ransomware attack showed cryptocurrencies are not as hard to track as it might seem.
Bitcoin will be used as legal tender in El Salvador after President Nayib Bukele’s proposals to embrace cryptocurrency were approved by congress.
Americans got richer off bitcoin than any other country last year — pocketing $4.1 billion in profits as the price of the volatile cryptocurrency soared to $29,000 from under $10,000, according to a new analysis.
Millions of dollars in Bitcoin paid to hackers after the Colonial Pipeline cyber attack have been recovered by the US government.
El Salvador could become the first country in the world to make Bitcoin legal tender under proposals by its president.
It was the largest Bitcoin event in the world and the first major in-person crypto conference since the pandemic started. The jargon, the liquor and the millionaire talk flowed.
