Tag: bitcoin

Ever-opportunistic bitcoin miners in the US are reportedly now transforming their crypto farms into ‘AI megafactories’

ASICs out, AI GPUs in. And probably net-nothing for PC gaming. Source:…

For 12 years, he’s been searching for his hard drive containing 649 million dollars worth of Bitcoin in a landfill.

In 2013, Welsh computer scientist James Howells lost a hard drive containing…

White House Says Gold Reserves May Be Used to Purchase Bitcoin

Source: White House Says Gold Reserves May Be Used to Purchase Bitcoin

How Much Has Trump Made on Meme Coin? Trump Latest Net Worth

Just hours before taking office, President-elect Donald Trump has reportedly struck it…

A big thing has just happened to Bitcoin. It’s called the halving : NPR

Some believe halvings can even lead to less energy being consumed as…

Texas paid bitcoin miner Riot $31.7 million to shut down during heat wave in August

Bitcoin miner Riot Platforms raked in $31.7 million in energy credits from…

North Korea Funds HALF Its Ballistic Missile Program With ‘Crypto Heists’

The sophisticated hacks have netted North Korea more than $3 billion in…

Crypto Was Always Smoke and Mirrors

The fall of FTX shocked everyone. Except this guy. Source: Crypto Was…

‘Three quarters’ of retail Bitcoin investors are in the red

Little fish lured into the market help whales cash out Source: ‘Three…

He Tossed His Bitcoin, Now He Wants It Back

A man accidentally threw the code to 8000 bitcoins in the trash,…

Vast Majority of People Who Invest in Bitcoin Inevitably Lose Money, Study Shows

A Bank for International Settlements working paper also notes that people dive…

Vitalik Buterin: Not so bad if Twitter flops

Predicts replacement, without Elon’s problems, is waiting to fly Source: Vitalik Buterin:…

El Salvador’s Bitcoin experiment has failed miserably after a year

El Salvador’s President Nayib Bukele’s bold financial experiment has proven to be…

Cryptomining boom has people’s energy bills skyrocketing; feds mull new rules [Updated]

No major US cryptominers said they track energy use impacts on local…

When the crypto crisis hits (and it soon will), the U.S. will be forced to strip away the cloak of anonymity that facilitates criminal acts and which gives crypto its allure

In developing economies, crypto has already become a significant vehicle for avoiding…

Crypto Crash Contagion Could Go Beyond Bitcoin, Ethereum, Tether – Bloomberg

Also death spirals, Twitter preferred, 13G filing deadlines and Redbox. Source: Crypto…

Is crypto just one big Ponzi scheme?

Source: Is crypto just one big Ponzi scheme? Yes. The differnce between…

Speaker goes rogue at an NFT tech conference panel

Stick to the script, man! It’s confusing enough already Source: Speaker goes…

‘We’re a Cult’: Inside Bitcoin’s Shameless Hypefest

Evangelists—and a couple of guys selling bitcoin panties—flocked to a Miami Beach…

What exactly is a digital dollar, and how would it work?

The banking system is complicated and exclusionary. Can federally-backed digital currencies make…

The ‘Freedom Convoy’ Bitcoin Donations Have Been Frozen and Seized – VICE

Source: The ‘Freedom Convoy’ Bitcoin Donations Have Been Frozen and Seized –…

The SEC’s Former Head of Internet Enforcement Fears How the Crypto Story Ends – VICE

Source: The SEC’s Former Head of Internet Enforcement Fears How the Crypto…

Biden just put out an executive order on cryptocurrencies — here’s everything that’s in it

U.S. President Joe Biden signed an executive order on Wednesday calling on…

‘50% of transactions were fraudulent’ when Steam accepted Bitcoin for payments, says Gabe Newell

No wonder Steam stopped taking cryptocurrency. Source: ‘50% of transactions were fraudulent’…

The rise of crypto on Wall Street could end up triggering another financial crisis, global watchdog warns

If financial institutions become more involved in crypto markets, it could affect…

Can bitcoin be sustainable? Inside the Norwegian mine that also dries wood

Kryptovault’s operation is part of a fightback against criticism of the famously…

Crypto outfit Qubit appeals for return of $80M coin heist

Offers $2 million bug bounty and hopes perps see that record payout,…

North Korea: Missile programme funded through stolen crypto, UN report says

Investigators say cyber-attackers stole over $50 million in digital assets between 2020…

Federal Reserve is taking the next step toward possibly launching a digital dollar

The Federal Reserve on Thursday issued a long-awaited report weighing whether to…

Intel To Unveil Bitcoin-mining ‘Bonanza Mine’ Chip at Upcoming Conference (Updated)

Intel enters the Bitcoin chat Source: Intel To Unveil Bitcoin-mining ‘Bonanza Mine’…

Georgia’s mountainous cryptocurrency problem

Georgia’s legendary mountain region of Svaneti has become a cryptocurrency mining hotspot,…

Kazakhstan internet shutdown sheds light on a big Bitcoin mining mystery | Fortune

We knew that the Eurasian nation was a major destination for miners,…

Energy crisis forces some Bitcoin miners to leave Kazakhstan

China’s crypto crackdown sent many miners to Kazakhstan, but the move has…

This Tesla owner says he mines up to $800 a month in cryptocurrency with his car

Tesla owners speak to CNBC about how they’ve used the internal computer…

Kazakhstan internet shutdown sheds light on a big Bitcoin mining mystery

We knew that the Eurasian nation was a major destination for miners,…

Bank of Canada cryptocurrency | “Considerable implications” for the economy – Themediaword

(Ottawa) Internal government documents show finance ministry officials believe there could be…

What Is Web3 and Why Are All the Crypto People Suddenly Talking About It?

Was there a Web2????? Source: What Is Web3 and Why Are All…

Bitcoin Wallet With $24M From Satoshi Era Suddenly Activates After 10.5 Years – BeInCrypto

A bitcoin wallet that has been idle since the time of Satoshi…

IMF calls for global, consistent, crypto regulation

Wants comprehensive, consistent, and coordinated regulation to avoid instability Source: IMF calls…

Hacking Coinbase: The Great Bitcoin Bank Robbery

As Bitcoin and Ethereum become targets for thieves, how cryptocurrency companies are…

India announces plans to ban most cryptocurrencies in new clampdown

As well as banning coins like Bitcoin and Ethereum, the new bill…

Bitcoin mining on a 55 year old IBM 1401 mainframe: 80 seconds per hash

Source: Bitcoin mining on a 55 year old IBM 1401 mainframe: 80…

Canadian Tire unveils crypto Canadian Tire Dollars

TORONTO – Three years after retiring its famed rewards system Canadian Tire,…

An NFT Just Sold for $532 Million, But Didn’t Really Sell at All

A white-haired, green-eyed pixelated character known as a CryptoPunk 9998 just sold…

A crypto wallet shows an investor made an $8,000 shiba inu coin purchase last year. Today, it is worth $5.7 billion.

Shiba inu coin is up more than 7 million percent since its…

Hydro-Québec shuts down operation stealing electricity to mine cryptocurrency | Montreal Gazette

The illegal operation is estimated to have cost Hydro-Québec about $2 million….

In Brazil, Bitcoin Acceptance Comes With Rules

Brazilian authorities are introducing a bill that would allow bitcoin to be…

Disrupting Ransomware by Disrupting Bitcoin – Schneier on Security

Source: Disrupting Ransomware by Disrupting Bitcoin – Schneier on Security

Hacking bitcoin wallets with quantum computers could happen – but cryptographers are racing to build a workaround

Within a decade, quantum computers are expected to be able to hack…

China declares all crypto-currency transactions illegal

Trading Bitcoin and other crypto-currenices is a criminal activity, China’s central bank…