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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.....»»

Category: topSource:  tapscapeOct 19th, 2022

Why Argentina is embracing cryptocurrency

The nation that has seen economic trauma is open to the possibility of alternative money like Bitcoin......»»

Category: hdrSource:  bbcRelated NewsMay 1st, 2022

Bitcoin becomes official currency in Central African Republic

The Central Africa Republic is one of the world's poorest countries, and is a close Russian ally......»»

Category: hdrSource:  bbcRelated NewsMay 1st, 2022

The First US City Government to Mine Bitcoin? Fort Worth, Texas

"Fort Worth, Texas, is now the first city government in the United States to mine bitcoin," reports CNBC. "[A]nd in an almost poetic devotion to the initiative, Mayor Mattie Parker oversaw the construction of a small mining farm in City Hall." Thr.....»»

Category: topSource:  slashdotRelated NewsMay 1st, 2022

Why Warren Buffett Still Won"t Invest in Bitcoin

Investor Warren Buffett addressed the annual shareholder meeting today for his multinational holding company Berkshire Hathaway — and said he still wouldn't buy bitcoin. But this time he gave a detailed explanation why. CNBC reports: "Whether.....»»

Category: topSource:  slashdotRelated NewsMay 1st, 2022

Eric Schmidt Says He"s Invested "a Little Bit" in Crypto, More Interested in Future of Web3

Ex-Google CEO and chairman Eric Schmidt says he's invested "a little bit" of money into cryptocurrencies -- but for him, the most interesting part of blockchain isn't virtual currency. It's Web3. From a report: "A new model [of the internet] where yo.....»»

Category: topSource:  slashdotRelated NewsApr 28th, 2022

Bitcoin Becomes Official Currency In Central African Republic

The Central African Republic (CAR) has approved Bitcoin as legal tender -- just the second country to do so. The BBC reports: CAR is one of the world's poorest countries, but is rich in diamonds, gold and uranium. It has been wracked by conflict for.....»»

Category: topSource:  slashdotRelated NewsApr 28th, 2022

Fidelity Will Allow Investors Access To Bitcoin In Their 401(k)s

In a first-of-its-kind move -- and the latest sign that crypto-investing has gone mainstream -- Fidelity Investments announced Tuesday that 401(k) plan participants will soon be able to invest in Bitcoin via their retirement plan. Reader BeerFartMoro.....»»

Category: topSource:  slashdotRelated NewsApr 26th, 2022

Seized Silk Road Bitcoin To Clear Ross Ulbricht"s $183M Debt

Silk Road creator Ross Ulbricht will see his $183 million debt wiped out following the seizure of $3 billion in bitcoin connected to an unnamed Silk Road hacker, according to a court filing. From a report: In 2015, Ulbricht was sentenced to life in p.....»»

Category: topSource:  slashdotRelated NewsApr 22nd, 2022

Wikipedia community votes to stop accepting cryptocurrency donations [Updated]

Critics argue the bitcoin and ethereum networks consume too much energy. Enlarge (credit: iStock / Getty Images Plus) More than 200 long-time Wikipedia editors have requested that the Wikimedia Foundation stop accepting crypto.....»»

Category: topSource:  arstechnicaRelated NewsApr 13th, 2022

Wikipedia community votes to stop accepting cryptocurrency donations

Critics argue the bitcoin and ethereum networks consume too much energy. Enlarge (credit: iStock / Getty Images Plus) More than 200 long-time Wikipedia editors have requested that the Wikimedia Foundation stop accepting crypto.....»»

Category: topSource:  arstechnicaRelated NewsApr 13th, 2022

T-Mobile Secretly Bought Its Customer Data From Hackers To Stop Leak. It Failed

An anonymous reader quotes a report from Motherboard: Last year, T-Mobile confirmed it was breached after hackers offered to sell the personal data of 30 million of its customers for 6 bitcoin worth around $270,000 at the time. According to court doc.....»»

Category: topSource:  slashdotRelated NewsApr 13th, 2022

Robinhood rolls out Crypto Wallets for more than 2 million people

It's been a while, but Robinhood is finally opening its Crypto Wallets to more users. The company announced the news at the Bitcoin conference in Miami on Thursday: More than 2 million users who signed up for the waitlist for Robinhood's Crypto Walle.....»»

Category: topSource:  mashableRelated NewsApr 12th, 2022

Peter Thiel Launches Tirade Against "Gerontocracy" Over Bitcoin

Peter Thiel, the co-founder of PayPal, has accused a "finance gerontocracy" including Warren Buffett and Jamie Dimon of hindering bitcoin's progress. From a report: The outspoken libertarian tech investor described multibillionaire Buffett, the world.....»»

Category: topSource:  slashdotRelated NewsApr 11th, 2022

Is Bitcoin Struggling to Find Its Star Power After Miami Conference?

Fast Company reviews the Bitcoin 2022 conference held in Miami this week — arguing that it was actually Ethereum that sparked 2021's boom in cryptocurrenies. (And that with NFTs and DAOs, Ethereum still remains the flashier, main driver of pop.....»»

Category: topSource:  slashdotRelated NewsApr 11th, 2022

Inside the Bitcoin Bust of the Web"s Biggest Child Abuse Site

Chainalysis is a software for tracing cryptocurrency, "to turn the digital underworld's preferred means of exchange into its Achilles' heel," writes Wired. This week they describe what happened when that company's co-founder discovered that for two.....»»

Category: topSource:  slashdotRelated NewsApr 10th, 2022

El Salvador"s "Bitcoin President" Pressured, Accused of Attacking Civil Liberties

The International Monetary Fund "has indicated it will not give El Salvador a much-needed loan unless it drops bitcoin" as one of the country's legal tenders, reports the Los Angeles Times. And meanwhile the "bitcoin bond" proposed by El Salvador has.....»»

Category: topSource:  slashdotRelated NewsApr 10th, 2022

Tesla, Block and Blockstream Team Up To Mine Bitcoin Off Solar Power in Texas

Blockstream and Jack Dorsey's Block, formerly Square, are breaking ground on a solar- and battery-powered bitcoin mine in Texas that uses solar and storage technology from Tesla. Tesla's 3.8 megawatt solar PV array and 12 megawatt-hour Megapack will.....»»

Category: topSource:  slashdotRelated NewsApr 8th, 2022

Global IT Spending Expected To Surpass $4.4 Trillion in 2022

Talent shortages, geopolitical disruption, currency fluctuations and inflation aren't expected to have an impact on IT investments in 2022. In fact, research firm Gartner forecasts a four percent increase in worldwide IT spending this year amid all t.....»»

Category: topSource:  slashdotRelated NewsApr 8th, 2022

What are Moon Orbs in Tiny Tina’s Wonderlands?

Moon Orbs in Tiny Tina's Wonderlands are a type of end-game currency you'll spend on enchantments. So, where do you find them, and how do you enchant your gear?.....»»

Category: topSource:  digitaltrendsRelated NewsApr 8th, 2022

Robinhood Releases Crypto Wallet To 2 Million Users, Plans Integration With Bitcoin Lightning Network

Robinhood Markets (HOOD) said Thursday it has activated its crypto wallet for 2 million "eligible" customers, making digital asset transfers broadly possible in the long-firewalled investments app. CoinDesk reports: Chief Product Officer Aparna Chenn.....»»

Category: topSource:  slashdotRelated NewsApr 7th, 2022