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.....»»
UK Intelligence Agencies Are Investigating Cryptocurrency Transactions
MattSparkes writes: Bitstamp, Europe's largest cryptocurrency exchange, says it has handed over information on some of its customers to the UK's intelligence agencies, MI5 and MI6. The news suggests that bitcoin and other cryptocurrencies are being u.....»»
Stablecoins Soar in Value as Everything Else in Crypto Shrinks
The hottest spot in crypto right now is coins with prices that don't move. From a report: Stablecoins, cryptocurrencies which peg their value to assets such as the U.S. dollar, have ballooned in size over the past few months as Bitcoin and other coin.....»»
Why LUNA beat Bitcoin and could be the next big thing
One crypto outpaced everyone including Bitcoin. Learn more about the LUNA and how to start investing through Revix......»»
Ruby On Rails Creator Backpedals About Bitcoin: "We Need Crypto"
New submitter LZ_Mordan writes: David Heinemeier Hansson, the Ruby on Rails web development framework creator, took to Twitter on Monday to tell his followers that he was no longer a Bitcoin skeptic. "I still can't believe that this is the protest th.....»»
Intel dishes new details on its ‘Bonanza’ Bitcoin mining chips
Intel reveals more about its mysterious new line of Bitcoin mining chips......»»
Intel unveils 3,600-watt ASIC Bitcoin mining rig
Earlier this month, Intel revealed it had been investing in blockchain technology as part of its renewed strategy to develop “the most energy-efficient computing technologies at scale.” These investments have mostly gone into developing specializ.....»»
"Crypto Ruined My Life": the Mental Health Crisis Hitting Bitcoin Investors
"Vice examines the toll on mental health experienced by people who invest a large portion of their net worth into volatile cryptocurrencies," writes long-time Slashdot reader leathered. Vice argues that "The stress and anxiety that goes with funnel.....»»
Biden Seen Issuing Crypto Oversight Exec Order Next Week
President Biden is expected to issue an executive order next week directing agencies across the government to study cryptocurrencies and a central bank digital currency (CBDC), and come up with a government-wide strategy to regulate digital assets. Y.....»»
A Crucial Clue in the $4.5 Billion Bitcoin Heist: A $500 Walmart Gift Card
Federal investigators spent years hunting for clues in the 2016 hacking of the Bitfinex cryptocurrency exchange, when thieves stole bitcoin now worth $4.5 billion. In the end, what helped lead them to two suspects was something much more quotidian: a.....»»
Bipartisan Senate Proposal Raises Alarm Over El Salvador"s Bitcoin Adoption
Senators Jim Risch, Bob Menendez, and Bill Cassidy's Accountability for Cryptocurrency in El Salvador (ACES) Act would require a State Department report on mitigating risks to the U.S. financial system from El Salvador's adoption of Bitcoin as legal.....»»
74% of Ransomware Revenue Goes To Russia-Linked Hackers
New analysis suggests that 74% of all money made through ransomware attacks in 2021 went to Russia-linked hackers. The BBC reports: Researchers say more than $400 million worth of crypto-currency payments went to groups "highly likely to be affiliate.....»»
That Coinbase Super Bowl ad was so popular it broke the app
Coinbase’s 60-second Super Bowl ad consisted of a bouncing QR code in the style of those old DVD-logo screensavers from years gone by. Scanning the code directed people to a page on the crypto exchange's site that offered $15 in free Bitcoin if the.....»»
Does a $3.6B Bitcoin Seizure Prove How Hard It Is to Launder Crypto?
What's the lesson after $3.6 billion in stolen bitcoin was seized by America's Justice Department from the couple who laundering it? Wired argues it all just shows how hard it is to launder cryptocurrency: In the 24 hours since, the cybersecurity.....»»
How Two 23 Year-Old Texans Made $4M Last Year Mining Bitcoin in Oil Fields
"When Brent Whitehead and Matt Lohstroh were sophomores at Texas A&M University, they decided to get into the business of mining bitcoin on the oil fields of East Texas," reports CNBC: Whitehead, an engineer hailing from a family with a long history.....»»
Inside the Chess Match That Led the Feds to $3.6 Billion in Stolen Bitcoin
The anatomy of the DOJ operation to seize $3.6 billion Bitcoin stolen in the Bitfinex hack is a cautionary tale in an era of rapid blockchain ascendancy A version of this article was published in TIME’s newsletter Into the Metaverse.....»»
$3.6 billion bitcoin seizure shows how hard it is to launder cryptocurrency
A “laundry list” of technical measures to cover wrongdoers' tracks didn’t work. Enlarge / The IRS detailed the winding and tangled routes the couple allegedly took to launder a portion of the nearly 120,000 bitcoins stolen from t.....»»
Intel is officially in the bitcoin mining business now
Intel's newly formed Custom Compute Group will develop and build its Bonanza Mine chips that will ship later this year......»»
Intel To Enter Bitcoin Mining Market With Energy-Efficient GPU
Intel is entering the blockchain mining market with an upcoming GPU capable of mining Bitcoin. From a report: Intel insists the effort won't put a strain energy supplies or deprive consumers of chips. The goal is to create the most energy-efficient b.....»»
MoviePass is returning, and will be backed by virtual currency
The company attempted to modify its terms to stay afloat – for example, by introducing surge pricing, limiting tickets to just three per month and limiting access to first run blockbusters, but the damage was already done......»»
Beijing"s Digital Currency Push at Winter Olympics Puts Visa in a Bind
The Beijing Winter Olympics is giving Visa a run for its money. From a report: For decades, America's largest card network has been the exclusive electronic-payments provider at the world's largest sporting event. At this year's Beijing Games, howeve.....»»