Just two weeks ago, Bitcoin tumbled 8.5 percent losing $3,000 in 20 minutes after eCommerce giant Amazon denied the report of accepting bitcoin as payment. The news quickly sent the price of the world’s most popular to fall to as low as […]
Just two weeks ago, Bitcoin tumbled 8.5 percent losing $3,000 in 20 minutes after eCommerce giant Amazon denied the report of accepting bitcoin as payment. The news quickly sent the price of the world’s most popular to fall to as low as […]
It should come as no surprise that inflation is upon us. Covid lockdowns led to slow economic growth. This in turn led to extremely high levels of money printing around the world. As money printing increased, investors turned to various asset […]
The price of Bitcoin surged by over $5,000 after series of positive news including a report from London’s City A.M. newspaper that Amazon was looking to accept bitcoin payments by the end of the year. But e-commerce quickly poured cold […]
As we noted last month, cryptocurrency lives and dies by Elon Musk’s tweets. In recent months, Musk’s tweets have sent prices of bitcoin & dogecoin on roller coaster rides with bitcoin falling from an all-time high of above $64,000 in mid-April […]
Back in May, we wrote about crypto mining startup Core Scientific after its CEO suddenly resigned from the company. Kevin Turner resigned from his role as the CEO after nearly three years running the Bellevue, Washington-based blockchain and artificial intelligence startup. […]
Last month, we wrote about the upcoming summit designed to “destigmatize” Bitcoin narratives for business leaders. The one-day “The ₿ Word” summit was originally scheduled to be hosted by Twitter founder Jack Dorsey and ARK Investment Managements founder Cathie Wood. The ₿ Word is […]
Finally, someone has the gut to tell it as it is: cryptocurrency is a Ponzi scheme that harnesses populist rage and convinces desperate and vulnerable people to dump money into highly manipulated and speculative assets with the promise of over […]
Known for calling out Hollywoods and public figures on the issues of racial and financial inequality throughout his film career, Spike Lee is now teaming up with crypto startup Coin Cloud to introduce a national ad campaign and short film on […]
A few months ago, Ethereum released Phase 0 of Ethereum 2.0 as it began its transition to a proof-of-stake consensus mechanism. People (also known as validators) stake their ETH on the Beacon Chain to secure the blockchain. These validators also […]
The anonymity of cryptocurrency is one of the most appealing aspects for hackers, cybercriminals, and organized crime groups. Although, all cryptocurrencies promise some kind of privacy. However, as we learned last month after the FBI recovered the stolen bitcoins, none […]
The recent rise in the popularity of bitcoin has driven record investments into the crypto market with millions of naive crypto investors betting their hard-earned money on speculative digital assets like bitcoin, Ether, Dogecoin, and other meme coins. As more […]
In a week where two big news focused on non-fungible tokens (NFTs) made headlines, a blockchain startup Valuart announced plans to drop its first digital artwork. The startup, founded in March this year by Etan Genini, Vittorio Grigòlo, and Michele […]
Mircea Popescu, a 41-year-old Romanian bitcoin billionaire and founder of the MPEx exchange, has died following a drowning incident off the coast of Costa Rica near Playa Hermosa, according to a report from a local news outlet Teletica. “As confirmed by the […]
And so it begins. Is Binance becoming the new Mt. Gox? Even though Bitcoin is a decentralized digital currency without a central bank or single administrator, today, it’s still impossible to buy or sell bitcoin directly without going through some kind […]
Earlier this month, El Salvador made a dramatic move to make bitcoin a legal tender, making it the first country in the world to adopt bitcoin as legal tender alongside the United States dollar. The announcement came after Congress approved President […]
Just last month, we reported that Binance was under investigation by DOJ and IRS for money laundering and tax offenses. Now, the world’s largest cryptocurrency exchange is facing another trouble from the U.K. markets regulator. The Financial Conduct Authority (FCA) announced that […]
Bitcoin had a bumpy ride this week as the world’s most popular cryptocurrency fell as low as $28,600 on the Luxembourg-based Bitstamp exchange before it quickly recovered back to over $30,000. When all the dust settles, bitcoin and other cryptocurrencies including ethereum, […]
Cryptocurrency continues to gain steam despite recent volatility in the price of bitcoin. Compared to a year ago, about 46 million Americans now own at least a share of Bitcoin — or about 17% of the adult population, according to estimates […]
Early this month, Virginia-based MicroStrategy announced it was borrowing $400 million to buy more bitcoin even as the company’s stocks plunged from an all-time high of $1292 to $553.72 today. Since then, the price of bitcoin has also fallen from […]
Another day, another bad news for cryptocurrency miners. Just as the crypto investors are digesting the news of China’s crypto crackdown on bitcoin mining in the country, Reuter is reporting that Iranian police have seized 7,000 computer miners at an illegal cryptocurrency […]