Steve Bannon, Please, Please Put All Your Money Into Making a 'Deplorables Coin'

Steve Bannon has been keeping a relatively low profile since he was excommunicated from the warm glow of Donald Trump’s love. But that doesn’t mean he hasn’t been busy. He’s reportedly been working to make cryptocurrencies great again and is even considering launching his own token: The “Deplorables Coin.”

Alarming Study Suggests Bitcoin Consumes an Astonishing Amount of Energy and It's Only Getting Worse

It takes a lot of electricity to mine bitcoins, and as more miners try to cash in on the crypto craze, the amount of energy required to win new coins increases accordingly. New research suggests the entire bitcoin network could consume as much as 7.7 gigawatts of electricity by the end of this year—enough to power a…

Donald Trump Orders Nationwide Ban on Purchase or Use of Venezuela's Cryptocurrency

President Donald Trump’s administration issued an executive order on Monday that essentially bans “any transactions within the United States involving any digital currency issued by, for, or on behalf of the Government of Venezuela,” effectively making it illegal to purchase or use the oil-backed Petro cryptocurrency…

Report: Some Crypto Enthusiasts Are Increasingly Worried About Getting Robbed in Person

Despite periodic crashes in the cryptocurrency markets, digital currency keeps on moving out of its formerly niche space and affecting the real world in unpredictable ways. Bitcoin-mining operations are now set to gobble more electricity than domestic residential consumption in Iceland, major credit card providers are …