The Cryptocurrency Crash Is Great News For The Rest of The World. Here’s Why

Cryptocurrencies like Bitcoin were meant to be used as digital cash. Instead, they’ve become popular as speculative investments. As well as being resource-intensive and inherently wasteful, cryptocurrencies are also incredibly volatile. Prices for the largest cryptocurrencies, Bitcoin and Ethereum, have both dropped by over 55 percent in six months, leading some to suggest that regulation … Read more

Could Bitcoin crash make El Salvador go BUST? Govt has lost $ 40m amid plans to build a crypto city

El Salvador’s Bitcoin bet could be putting the country in peril as its holdings have already lost $ 40m amid a cryptocurrency rout. The losses – equal to the Central American country next bond payment – come amid a so-called ‘crypto winter’ and the president’s plans to build a volcano-powered ‘crypto city’ to mine bit … Read more

Bitcoin Price Falls Below $ 26,000

Bitcoin plunged and the world’s largest stablecoin, tether, briefly edged down from its $ 1 peg, adding to fears of more turbulence in the cryptocurrency market. Cryptocurrencies have been hit by two forces this week. On the one hand, concerns that inflation will necessitate aggressive central-bank tightening have sapped the desire to hold assets perceived … Read more

Five US states order halt to NFT sales by metaverse casino with alleged Russia ties

Regulators in five states simultaneously filed emergency orders Wednesday against a virtual casino they say has ties to Russia and that has been operating in the metaverse, a digital world where participants can interact with each other, purchase products and even gamble. State law enforcement officials say Flamingo Casino Club’s operators failed to disclose its … Read more

Five US states order halt to NFT sales by metaverse casino with alleged Russia ties

Regulators in five states simultaneously filed emergency orders Wednesday against a virtual casino they say has ties to Russia and that has been operating in the metaverse, a digital world where participants can interact with each other, purchase products and even gamble. State law enforcement officials say Flamingo Casino Club’s operators failed to disclose its … Read more

Edward Snowden Revealed As Key Participant In Mysterious Ceremony Creating $ 2 Billion Anonymous Cryptocurrency

The notorious whistle-blower acknowledges he was the sixth person who participated in an elaborate 2016 ceremony that led to the creation of zcash, a leading privacy protecting cryptocurrency. In the fall of 2016, the cryptocurrency world was aflutter with excitement about the creation of a new kind of cryptocurrency, zcash. Unlike bitcoin, which is designed … Read more

5 things to know for April 27: Ukraine, Covid-19, Recession, Bitcoin, LGBTQ rights

Here’s what you need to know to Get Up to Speed ​​and On with Your Day. (You can get “5 Things You Need to Know Today” delivered to your inbox daily. Sign up here.) 1. Ukraine Amid escalating tensions with Western powers, Russia has cut off gas supplies to Poland and Bulgaria after they refused … Read more

Why employers may not be quick to jump on the 401 (k) bitcoin bandwagon

Westend61 | Westend61 | Getty Images Fidelity Investments is offering bitcoin to 401 (k) investors. But before retirement savers get access, employers must give the green light – and that’s often much more complicated than it sounds. Fidelity administered almost $ 2.9 trillion of 401 (k) and other workplace retirement plan assets (representing over a … Read more

mining $ 110,000 in bitcoin a month

Compass Mining customer Eng Taing Eng Taing Eng Taing is in the business of making money. He runs his own private equity firm with $ 250 million in assets under management (according to his website), invests in real estate, has worked in data science and analytics at Apple – and he got into bitcoin back … Read more

mining $ 110,000 in bitcoin a month

Compass Mining customer Eng Taing Eng Taing Eng Taing is in the business of making money. He runs his own private equity firm with $ 250 million in assets under management (according to his website), invests in real estate, has worked in data science and analytics at Apple – and he got into bitcoin back … Read more