Why Isn"t Bitcoin Booming?
"Bitcoin was seen by many of its libertarian-leaning fans as a kind of doomsday insurance," argues a columnist in the New York Times, "a form of 'digital gold' that would be a source of stability as the world grew more chaotic and unpredictable.........»»
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.....»»
What Ever Happened to Netscape Navigator?
It was a magical time, PC sales were just booming and if you were lucky, yours would come with a modem for dial-up Internet access. You would hear the scrambling sound of your phone line connecting you to the world. Launching Netscape and staring at.....»»
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.....»»
Excessive beekeeping in Swiss cities could be detrimental for wild bees and honeybees
Beekeeping is booming in Swiss cities. But the uncontrolled increase in honeybees is putting increasing pressure on wild pollinators, threatening urban biodiversity, concludes a new study by the Swiss Federal Research Institute for Forest, Snow and L.....»»
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.....»»
Amateur rapper and her husband accused of laundering $4.5 billion of Bitcoin stolen in Bitfinex hack
Back in 2016, crypto exchange Bitfinex was hacked. Thieves made away with approximately 119,756 bitcoin, which was then worth about $61 million but would be closer to $4.5 billion today. The DoJ seized about 94,000 BTC last week valued at roughly $3......»»
Jack Dorsey"s Cash App Integrates Bitcoin"s Lightning Network
An anonymous reader quotes a report from Bitcoin Magazine: Users of Block's mobile payments platform Cash App can now make instant and free bitcoin payments through the Lightning Network, the company tweeted on Monday. The integration of Bitcoin's se.....»»
A 29-year-old CEO is Pushing Crypto During the Super Bowl by Giving Away Millions in Bitcoin
Americans tuning in to the Super Bowl on Sunday will be inundated with ads from cryptocurrency companies, including the trading platform FTX, which plans to give away millions of dollars in bitcoin. From a report: FTX has spent heavily on sports part.....»»
Feds Seize $3.6 Billion in Bitcoin Stolen From Bitfinex Hack
The Justice Department announced Tuesday morning it seized more than $3.6 billion in allegedly stolen cryptocurrency linked to the 2016 hack of Bitfinex. As part of the operation, authorities detained a New York couple on allegations they planned to.....»»
No, Linus Torvalds is not Bitcoin Creator Satoshi Nakamoto
ZDNet reporter Steven Vaughan-Nichols has solved the mystery of whether Linus Torvalds is Bitcoin creator Satoshi Nakamoto: no. But what's interesting is why the reporter had to ask in the first place: In a GitHub Linux kernel repository, it appear.....»»
Quantum computers may be able to break Bitcoin sooner than you think
Researchers say advances in quantum computing will allow for the breaking of Bitcoin encryption within a decade or so......»»
El Salvador Angrily Rejects IMF Call To Drop Bitcoin Use
The government of El Salvador on Monday rejected a recommendation by the International Monetary Fund to drop Bitcoin as legal tender in the Central American country. ABC News reports: Treasury Minister Alejandro Zelaya angrily said that "no internati.....»»
Dorsey Says Zuckerberg Should Have Focused on Bitcoin, Not Diem
Block Chief Executive Officer Jack Dorsey criticized Meta Platforms' failed cryptocurrency project, Diem, saying the company's time would have been better spent focused on advancing Bitcoin. From a report: Dorsey said Tuesday that Meta's approach to.....»»
The Crypto Selloff Wiped $7 Billion Off Corporate Balance Sheets
At least 26 public corporations are holding bitcoin on their balance sheets, according to data compiled by cryptocurrency analytics firm CoinGecko. Since the price of cryptocurrencies began to plummet in November, they've collectively lost nearly $7.....»»
Texas Governor Candidate Plans To Make Texas the "Citadel For Bitcoin"
Texas governor candidate Don Huffines said he is "committed to making Texas the citadel for bitcoin and has released a plan detailing the effort. "As a leader in innovation, Texas needs to lead the nation in Bitcoin & cryptocurrency adoption," it rea.....»»