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 …
Lately, it’s seemed like Atari has been putting it’s focus on two big strategies: crowdfunding and promoting products that don’t exist. So, it makes perfect sense that it’s reportedly getting into the cryptocurrency game with its own coin offering, the Atari Token.
According to the BBC, the current graphics card shortage driven by cryptocurrency miners isn’t just hurting gamers, it’s also impeding our efforts to find evidence of a better civilization out there—one that is free of overzealous cryptocurrency miners.
Thousands of websites including ones run by the U.S. and U.K. governments secretly hijacked browsers to mine cryptocurrency thanks to a compromised plugin, the Register reported on Sunday.
Russian authorities say they have arrested several engineers employed at the the All-Russian Research Institute of Experimental Physics in Sarov, a top secret nuclear weapons facility, because they were involved in a cryptocurrency-mining scheme at work.
Despite massive blood-letting in the cryptocurrency markets over the past few weeks, the pace of brands just announcing some kind of ambiguous “blockchain” venture in hopes they can send their stock prices skyrocketing has barely slowed down. Photo company Kodak is now selling crypto miners, while other bit players…
After a precipitous crash, cryptocurrency enthusiasts have been heartened to see a steady climb in the value of frontrunner coins since yesterday afternoon. What’s driving the rebound in an increasingly harsh regulatory climate might be a so-called “stablecoin” widely suspected to be fraudulent.
The heads of the Securities Exchange Commission and the Commodity Futures Trading Commission sat before a congressional committee this morning to restate their intent to regulate—but not stifle—cryptocurrency and its related offerings. During questioning, however, it became clear that foundational issues are stalling…
Some of the world’s largest banks announced on Friday that customers are now prohibited from buying cryptocurrencies with credit cards, citing market volatility.
All good things must come to an end—and bad things, too. Bitcoin has had a hell of a ride over the last year, but that all seems to be over as almost 60 percent of its value has vanished in the last month. Enthusiasm in the cryptocurrency market is low as Bitcoin dropped below $8,000 for the first time since November.
In a sweeping change to site policy today, Facebook has opted to ban all advertising on its platform pertaining to cryptocurrency.
There are a number of ways a cryptocurrency-based business can run afoul of regulators these days. A startup called Arisebank seemingly decided to try all of them at once.
A short-lived and relatively unknown cryptocurrency project built on Ethereum called Prodeum disappeared this weekend—along with the money a small number of hapless investors sunk into it. All that remained of its website was a white page with the word “penis” written on it.
The first bitcoin transaction ever was by man who bought two pizzas. That arrangement would be worth over a $100 million today. Regret was baked into Bitcoin from the beginning. Last year, somewhat inexplicably, Bitcoin’s price rose more than 1,000 percent. That number has since dipped, but a single bitcoin is still,…
Through means currently unknown, approximately 500 million NEM tokens were exfiltrated from leading Japanese cryptocurrency exchange Coincheck, valued at approximately $400 million. Bloomberg reports that, aside from Bitcoin, all trading on the platform has been suspended.
In addition to providing a payments platform for big clients like Lyft, Facebook, and Target, Stripe has been supportive of cryptocurrencies for several years. On Tuesday, Stripe reiterated its support for a viable digital currency, but said that bitcoin just isn’t cutting it. Going forward, Stripe will no longer…
New risk assessment research into cryptocurrency investing has arrived at an unsurprising (if finally quantifiable) conclusion: Over 10 percent of all funds raised through initial coin offerings (ICOs) has vanished into thin air.
Fear, Uncertainty, and Doubt. These three words are the bane of Bitcoiners’ existence. Cryptocurrency enthusiasts use the acronym FUD to describe any negativity that might be swirling around the market that causes prices to drop. And the FUD was strong this week, when the whole cryptocurrency ecosphere got fucked.