Getting To Know The Bitcoin Currency
Bitcoin as a currency is not a new concept. This is a tool that has been in use since the invention of paper. In fact, it can be credited with creating the first completely decentralized online transaction. When you hear about people making transacti.....»»
Bitcoin: Will El Salvador"s big crypto gamble pay off?
The cryptocurrency crash is hurting many investors, including one country that has bet big on Bitcoin......»»
El Salvador: The country where you can buy anything with Bitcoin
The cryptocurrency crash is hurting many investors, including one country that has bet big on Bitcoin......»»
El Salvador"s Bitcoin pet hospital
The Chivo Pets animal hospital, which opened in El Salvador in February, provides whatever care an animal needs for just 25 cents - as long as payment is made with a Bitcoin app......»»
Bitcoin: Why is the largest cryptocurrency crashing?
The value of Bitcoin is at an 18-month low, as the cryptocurrency market continues to tumble......»»
What"s happening to Bitcoin?
The value of Bitcoin is at an 18-month low, as the cryptocurrency market continues to tumble......»»
Cryptocurrency plunges as crypto “bank” Celsius suspends withdrawals
Celsius says "extreme market conditions" forced it to suspend withdrawals. Enlarge (credit: Aurich Lawson | Getty Images) Major cryptocurrencies suffered big losses on Monday. As I write this, bitcoin is down 14 percent over t.....»»
Crypto Market Sinks Below $1 Trillion
Bitcoin plunged to the lowest in about 18 months after the freezing of withdrawals by the Celsius lending platform added to concern that systemic risk in the crypto ecosystem will accelerate the digital-asset market meltdown. From a report: The world.....»»
YouTube accused of not tackling Musk Bitcoin scam streams
YouTube is being criticised for failing to tackle a network of scammers streaming fake Elon Musk videos......»»
Bitcoin Miners Will See 29% Rate Hike On Hydroelectric Power In Washington
A 29% rate hike for hydroelectric power in Chelan County, created specifically for cryptocurrency miners, went into effect on June 1. Decrypt reports: The miners used to pay a lower, high-density load rate for their electricity. Now they'll pay a new.....»»
How One Paper Just Blew Up Bitcoin"s Claim To Anonymity
An anonymous reader quotes a report from ZDNet: Lead researcher Alyssa Blackburn of Baylor and Rice, along with team-mates Christoph Huber, Yossi Eliaz, Muhammad S. Shamim, David Weisz, Goutham Seshadri, Kevin Kim, Shengqi Hang, and Erez Lieberman Ai.....»»
PayPal Lets Users Transfer Bitcoin and Ethereum To External Wallets
PayPal announced on Tuesday that the service now "supports the native transfer of cryptocurrencies between PayPal and other wallets and exchanges." Decrypt reports: The ability to conduct external transfers on PayPal's crypto platform, an image of wh.....»»
Crypto 101: The difference between hot and cold wallets
There are different kinds of cryptocurrency wallets, and the four terms to keep in mind when purchasing one are hot, cold, custodial, and non-custodial. Here's what they all mean.Bitcoin transfer on iPhoneA cryptocurrency wallet is an app or device u.....»»
New York Passes a Bill To Limit Bitcoin Mining
New York lawmakers have passed a bill that would temporarily ban new bitcoin mining operations. Early on Friday, state senators voted 36-27 to pass the legislation. It's now bound for the desk of Governor Kathy Hochul, who will sign it into law or ve.....»»
GOP senators want to ban China’s digital currency from US apps and app stores
Sen. Tom Cotton says China will use digital yuan to "spy on anyone who uses it." Enlarge (credit: Getty Images | Diyun Zhu) Three Republican senators are proposing a law to prohibit app stores from carrying apps that accept pa.....»»
Top Fed Official Warns About US Falling Behind in Digital Dollar Race
A top Federal Reserve official gave a stark warning to House lawmakers on Thursday: Move too slow in issuing a central bank digital currency and the dollar's global dominance could eventually be in jeopardy. From a report: "We shouldn't take the doll.....»»
Bizarre bill proposed to prevent Chinese currency "spying" on US
Senators who claim that Americans are at risk of somehow buying apps using China's digital yuan currency, have introduced a bill to show they're doing something about it.Senators Tom Cotton (R-AR), Marco Rubio (R-FL), and Mike Braun (R-IN) have launc.....»»
US Bill Would Bar Google, Apple From Hosting Apps That Accept China"s Digital Yuan
Republican Senators want to bar U.S. app stores including Apple and Google from hosting apps that allow payments to be made with China's digital currency, according to a copy of proposed legislation seen by Reuters, amid fears the payment system coul.....»»
China Makes a Comeback in Bitcoin Mining Despite Government Ban
While the US extended its leading position as the dominant location for Bitcoin mining, China has reemerged as the second-largest locale despite a government ban on the activity last year. From a report: The US accounted for 37.84% of global hashrate.....»»
Can introducing a central bank digital currency improve social welfare?
While cash is issued in the form of physical paper and coins, central bank digital currency (CBDC) involves recording transaction information in a digital ledger kept by the central bank. A study published in Economic Inquiry examines how introducing.....»»
Bitcoin a safe haven during national economic crises, but not during COVID-19 pandemic, research finds
Research by a Kingston University economist provides fresh evidence for Bitcoin being a safe haven for finance during a nation's economic crisis. The cryptocurrency proves volatile during a global crisis, however, as seen during the COVID-19 pandemic.....»»