Bill Gates Ruthlessly Mocks NFTs as Crypto Market Collapses

Fool Me Once Bill Gates really, really, really hates cryptocurrency. The billionaire Microsoft founder has not been shy about his stance on digital coins in the past, arguing with Dogecoin-pushing rival Elon Musk over the currencies' viability and calling out Bitcoin mining operations for their destructive environmental impact. Now, in the wake of the sudden […] дальше »

2022-6-16 20:59

As Bitcoin Crashes, Binance Halts Withdrawals

Falling Fast The world's largest crypto exchange has had to pause Bitcoin withdrawals as the currency drops precipitously for the second time in 2022. On Twitter, Binance CEO Changpeng Zhao announced Monday morning that Bitcoin withdrawals were on a "temporary pause" due to a "stuck transaction causing a backlog." Though Zhao didn't mention it, this […] дальше »

2022-6-16 19:39

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Gang Violence Surging as Crypto Crashes in Bitcoin Country

Bitcoin’s precipitous fall has occurred at the same time as rising violence in El Salvador, the country that adopted BTC as legal tender under its blockchain-loving president. As Politico reports, Salvadoran President Nayib Bukele was unable to attend April’s big crypto conference in Miami because of gang violence that led to the largest single-day murder rate […] дальше »

2022-5-14 23:15

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Crypto Stocks Are Doing Absolutely Horribly

Stock Drop The stocks of cryptocurrency-focused companies are in a nose dive, falling as much as 60 percent this year alone, The Wall Street Journal reports, signaling a significant drop-off in interest, and a divergence between those companies’ stocks and the values of cryptocurrencies themselves. дальше »

2022-4-20 01:11

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Malaysian Government: Let's Turn Bitcoin Into Legal Tender

Legalize It After El Salvador’s disastrous decision to make Bitcoin legal tender, Malaysia’s government is excited to follow suit, Bloomberg reports. It’s a sign that governments around the world are still very much showing interest in adopting cryptocurrencies despite less than stellar results shown by other parts of the world. Zahidi Zainul Abidin, the nation’s […] дальше »

2022-5-26 19:51

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Malaysian Government: Let’s Turn Bitcoin Into Legal Tender

Legalize It After El Salvador’s disastrous decision to make Bitcoin legal tender, Malaysia’s government is excited to follow suit, Bloomberg reports. It’s a sign that governments around the world are still very much showing interest in adopting cryptocurrencies despite less than stellar results shown by other parts of the world. Zahidi Zainul Abidin, the nation’s […] дальше »

2022-3-22 19:51

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El Salvador President Announces “Bitcoin City” Tax Haven

Bitcoin City El Salvador’s president Nayib Bukele has announced the country’s plans to build the world’s first fully Bitcoin bonds-backed “Bitcoin City.” Bukele made the announcement over the weekend as part of a cringe-inducing live show, featuring bright concert-style lighting — and projections of UFOs for some reason. The Bitcoin City will be income, property, […] дальше »

2021-11-23 01:23

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Feds Smashed Armored Vehicle Through Wall During Bitcoin Raid

Crypto Bust It’s no secret that the cryptocurrency world has a criminality problem. The technology is regularly being used to launder money, buy illegal contraband, and even demand ransom. To many however, Bitcoin and other currencies like it represent the ultimate expression of true Freedom, a hyper-libertarian dream of exchanging money and other assets without […] дальше »

2021-9-8 18:56

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Crypto Miners Are Buying Up Entire Power Plants

As the energy demands of cryptocurrency mining garners increased scrutiny, some mining operations are cutting out the middleman and setting up shop inside existing power plants. These companies are in search of what’s called “stranded power,” which could be an existing power plant or an abandoned facility with access to dormant energy sources, […] дальше »

2021-9-8 21:05