Bitcoin and other cryptocurrencies have made it easier than ever to move money around the world without the help of traditional banks, but that doesn’t mean they’ll do much to help Russia sidestep international sanctions. Experts in money laundering on Friday said that it would not be realistic for Russia […]
crypto
The Sandbox, Elonrd Top 5 Worst Performing Cryptos Over the Past Week
While bitcoin and ethereum dominate the headlines, there are nearly 18,000 crypto coins. With less liquidity and more volatility, these alternative cryptocurrencies can deliver investors massive losses or gains in a short period of time. These were the five worst performing cryptocurrencies over the past week, according to data from […]
For Small Towns Betting On Bitcoin, Mining Companies Are A Flight Risk
When the Chinese government banned all crypto mining in summer last year, the crypto mining company BitFuFu packed its 80,000 high-powered computers into containers and trucked them across the border to Kazakhstan, where electricity was cheap and regulations lax. Then, months later, when persistent electricity shortages in Kazakhstan forced the […]
SEC Commissioner and ‘Crypto Mom’ Hester Peirce Is Amazed a Bitcoin ETF Hasn’t Been Approved Yet
Crypto has turned contentious in Washington. While the White House pushes for new rules, a partisan divide is growing in Congress over how to supervise, tax, and regulate the industry. At the nexus of the debate sits the Securities and Exchange Commission. Led by Chairman Gary Gensler, a Democrat appointed […]
Colorado to become the first state to accept cryptocurrency as payment for taxes
Governor Jared Polis announced the plan on social media Thursday. February 23, 2022, 11:14 PM • 4 min read Share to FacebookShare to TwitterEmail this article Colorado will become the first state to accept cryptocurrency as payment for state taxes and fees, Governor Jared Polis announced Wednesday. Polis said the […]
After Chinese Ban, Cryptocurrency Mining Got Worse for Climate
China’s crackdown on cryptocurrencies upended the world of Bitcoin last year, triggering a mass exodus of “miners” — who use power-hungry computers to mine, or create, new Bitcoins — to new locations around the world. Now, research has found that the exodus likely made cryptomining, which already uses more electricity […]
Why Bitcoin, Ethereum, and Dogecoin Plunged This Weekend
What happened Trading took a turn for the worse in the middle of the holiday weekend for the cryptocurrency market and most values are down. There wasn’t a lot of news, but the liquidity may be little lower than normal on a long holiday weekend, causing values to fluctuate wildly. […]
Serious NFT ‘Hack’ Suddenly Sends Bitcoin, Ethereum, BNB, Solana And Cardano Sharply Lower
Bitcoin and cryptocurrency prices, teetering on the brink of collapse in recent days due to the escalating situation in Ukraine, have suddenly moved sharply lower following news of a serious attack on non-fungible token (NFT) platform OpenSea. Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and discover hot new NFT […]