Six people involved in a cryptocurrency “Ponzi scheme” that raked in about $100 million over five years have pled guilty to a series of fraud and money laundering charges, each carrying a maximum sentence of […]
Bitcoin mining difficulty increased by 9.9% to a new all-time high over the last two weeks, suggesting that more miners are coming online to take advantage of the increase in BTC price. According to data […]
There’s been a lot of excitement in the space of Bitcoin ordinals lately, which saw multiple collections auction their NFTs for a lot of money. However, one team that’s well-known in the field of non-fungible […]
Bitcoin, the first and most well-known cryptocurrency, was created with the goal of becoming a decentralized, peer-to-peer electronic cash system. While Bitcoin has made strides toward this goal, there is still a long way to […]
In a post-FTX world, it’s really hard being a crypto executive. Not only are your bags empty and revenues down, but you also have United States financial regulators breathing down your neck with subpoenas one […]
In the Russia-Ukraine war, both sides of the conflict have been leveraging cryptocurrencies to achieve the upper hand. Pro-Ukraine causes have collected around $200 million from crypto donations, showing how borderless and uncensorable money could […]
Fed Chair Jay Powell admitted this past July to a lack of understanding of inflation. This bolstered many investors’ belief that Bitcoin was the ultimate hedge against inflation. However, as the debate over Bitcoin’s inflation-hedge […]
BitMEX co-founder Arthur Hayes published an essay on Thursday outlining “realistic potential situations” that could make oil prices boom, and make Bitcoin’s price skyrocket as a result. The former CEO argued that such a scenario […]
Cryptocurrency markets experienced a relatively calm month in February as the total market capitalization gained 4% in the period. However, the fear of regulatory pressure appears to be having an impact on volatility in March. […]
Bitcoin’s path to becoming an official legal tender in regions has witnessed multiple setbacks. Bodies like the International Monetary Fund (IMF) clarified their narrative in the latest report. ‘No’ to BTC as legal tender, ‘Yes’ […]
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