cryptocurrency
The Race To Save Sam Bankman-Fried’s Other Crypto Exchange
Decentralized exchanges differ from their centralized counterparts (like FTX, Binance, Coinbase, and others) in a few important ways. Most notably, instead of relying on an intermediary to match buyers with sellers, DEXs let users transact on a peer-to-peer basis—and keep custody of their own funds. This arrangement is one example of what’s known as decentralized …
Bitcoin Well CEO and CRO to Present at Alberta Technology
EDMONTON, Alberta, April 14, 2022 (GLOBE NEWSWIRE) — Bitcoin Well Inc. (“Bitcoin Well”) (TSXV: BTCW), is pleased to announce that Adam O’Brien, Founder and Chief Executive Officer, and Dave Bradley, Chief Revenue Officer, are scheduled to present at the Alberta Technology Symposium on Wednesday, April 20 and Thursday April 21, 2022 at the Grand Theatre …
Bitcoin (BTC) jumps after Treasury statement on crypto executive order
Selim Korkutata | Anadolu Agency | Getty Images Bitcoin and other cryptocurrencies spiked after the U.S. Treasury apparently released details of an executive order from President Joe Biden that appeared to take a supportive stance toward digital assets. Bitcoin was trading at $41,584.21, nearly 9% higher as of 2:17 a.m. ET, according to data from …
Ransomware: US recovers millions in cryptocurrency paid to Colonial Pipeline hackers
The announcement confirms CNN’s earlier reporting about the FBI-led operation, which was carried out with cooperation from Colonial Pipeline, the company that fell victim to the ransomware attack in question. Specifically, the Justice Department said it seized approximately $2.3 million in Bitcoins paid to individuals in a criminal hacking group known as DarkSide. The FBI …
Bitcoin falls after Elon Musk tweets breakup meme
Elon Musk, founder and chief engineer of SpaceX speaks at the 2020 Satellite Conference and Exhibition March 9, 2020 in Washington, DC. Musk answered a range of questions relating to SpaceX projects during his appearance at the conference. Win McNamee | Getty Images Bitcoin’s price fell Friday morning after Elon Musk posted a tweet suggesting …
Major China bitcoin mining hub lays out harsher crackdown measures
A bitcoin mine near Kongyuxiang, Sichuan, China on August 12, 2016. Paul Ratje | The Washington Post | Getty Images GUANGZHOU, China — China’s Inner Mongolia region has proposed punishments for companies and individuals involved in digital currency mining as it looks to further crack down on the practice. The move comes after Chinese Vice …
China bans financial, payment institutions from cryptocurrency business
China has banned financial institutions and payment companies from providing services related to cryptocurrency transactions, and warned investors against speculative crypto trading. It was China’s latest attempt to clamp down on what was a burgeoning digital trading market. Under the ban, such institutions, including banks and online payments channels, must not offer clients any service …
Elon Musk and Bitcoin, AT&T and Discovery: 5 Things You Must Know
Here are five things you must know for Monday, May 17: 1. — Stock Futures Fall After Wall Street’s Rough Week Stock futures traded lower Monday as Wall Street came off a rough week driven by concerns over what effect rising inflation would have on the U.S. recovery. Contracts linked to the Dow Jones Industrial …
Dogecoin rallies on Elon Musk tweet, anticipated Coinbase listing
Yuriko Nakao | Getty Images News | Getty Images Dogecoin soared early Friday after a tweet from supporter Elon Musk, and as Coinbase said it would list the meme-inspired cryptocurrency. The price of dogecoin rose to an intraday high of around 56 cents at 3 a.m. ET, according to data from Coin Metrics. As of …
Bitcoin (BTC) price falls after Tesla stops car purchases with crypto
Artur Widak | NurPhoto | Getty Images GUANGZHOU, China — Hundreds of billions of dollars were wiped off the entire cryptocurrency market after Tesla CEO Elon Musk tweeted that the electric vehicle maker would suspend car purchases using bitcoin. At around 6:06 a.m. Singapore time on Thursday when Musk made the announcement, the value of …
