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+1 +1
If you thought things couldn't get stupider, someone just held a CO2 reader up to a PC to prove 'bitcoin mining has zero carbon emissions'
No, it's not April 1, it's just stupid.
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+4 +1
Bitcoin is one year away from a major technical event. History suggests the start of another bull run
is nearly a year away from a key technical event — which might be the catalyst for a prolonged climb in the cryptocurrency’s value. In April or May 2024, bitcoin is expected to undergo its next so-called “halving,” though the exact date is not yet known.
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+21 +7
Crypto Space Hit Back at New York Times for Attack on Bitcoin Mining
The New York Times (NYT) is quickly becoming a villain in the sight of crypto fans due to its latest critique on bitcoin mining. The article, they believe, is biased at best, and malicious at worst. In fact, some are now questioning the popular media’s journalistic integrity.
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+19 +4
MicroStrategy Buys Another 1,045 Bitcoin for $23.9M
The company now holds 140,000 bitcoin worth about $4 billion.
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+2 +1
Bitcoin's best quarter in 2 years beats all major indexes in Q1
The cryptocurrency jumped more than 70% in the first three months of the year.
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+18 +1
Cryptocurrencies add nothing useful to society, says chip-maker Nvidia
Tech chief says the development of chatbots is a more worthwhile use of processing power than crypto mining
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+13 +2
U.S. SEC threatens to sue Coinbase over some crypto products
The U.S. Securities and Exchange Commission (SEC) has threatened to sue Coinbase Global Inc over some of the crypto exchange's products, turning up the heat on the largely unregulated sector.
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+19 +3
Lindsay Lohan, Jake Paul and other celebrities charged $400,000 for violating disclosure rules
The Securities and Exchange Commission on Wednesday charged Lindsay Lohan, Jake Paul and several other celebrities with failing to disclose that they were paid to promote crypto.
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+16 +4
SEC charges Tron founder Justin Sun, celebrities Lindsay Lohan, Jake Paul with crypto violations
The Securities and Exchange Commission has unveiled fraud and unregistered securities charges against crypto founder and Grenadian diplomat Justin Sun, alongside separate violations against the celebrity backers of his Tronix and BitTorrent crypto assets, which included Jake Paul, Lindsay Lohan and Soulja Boy.
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+25 +4
Peter Schiff Criticizes Bitcoin's 20% Surge, Arguing Gold is Still a Better Inflation Hedge
On March 14, 2023, Euro Pacific Capital CEO Peter Schiff posted a tweet about Bitcoin that sparked a debate within the crypto community. Schiff tweeted that Bitcoin had surged by 20% after a long-awaited change in direction from the Federal Reserve, but he also pointed out that gold had only risen by 2.5%. Schiff went on to suggest that the fact that Bitcoin had experienced a larger increase did not mean that it was a better anti-inflation tool than gold.
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+11 +4
When A One-Armed Bandit Stole My Bitcoin
It was the fall of 2008. The iPhone was new, Flo Rida was a musical icon, and everyone under 25 was on Facebook. I was attending Tufts University as a sophomore studying International Relations. Being a lover of history and politics, my plan was to get my degree and find a job with the U.S. state department.
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+17 +2
Bitcoin Soars to Over $23,000 Amidst President Biden's Reassurance of Safe US Banking System
As the world grapples with the news of the recent bankruptcy of Silicon Valley Bank (SVB) and Signature Bank, the cryptocurrency market has experienced a sudden surge in prices. Despite the collapse of these three major American banks, US President Joe Biden emphasized in a recent speech that the US banking system remains safe and secure.
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+22 +1
Judge still thinks proposed Bankman-Fried bail conditions too lenient
A U.S. judge on Friday said he remained unsatisfied with a proposal to impose tight restrictions on how the indicted FTX cryptocurrency exchange founder Sam Bankman-Fried communicates with the outside world while free on bail.
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+16 +2
U.S. Treasury Department Proposes 30% Excise Tax on Crypto Mining Firms
President Joe Biden unveiled his 2023 budget proposal on Thursday.
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+22 +3
U.S. Government's $1B Bitcoin Transfer Spooks Investors; Bitcoin Dips
The price of bitcoin dipped below $22,000 early Wednesday after authorities moved some of the bitcoin to Coinbase-controlled wallets.
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+21 +2
Silvergate has collapsed
A major banking partner for US crypto companies is done for.
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+34 +6
FTX Confirms $9 Billion in Customer Funds Vanished
According to a presentation to customers, ex-FTX CEO Sam Bankman-Fried allegedly let Alameda borrow $9.3 billion from customer accounts.
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+3 +1
Bitcoin ‘fixes democracy’ and fights corruption: Human Rights Foundation
Bitcoin fixes broken democracies and fights government corruption by limiting its power to control its people, argues Bitcoin advocate and chief strategy officer of the Human Rights Foundation, Alex Gladstein.
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+24 +2
Norway seizes record $5.8 million of crypto stolen by North Korea
Norway has seized a record $5.8 million worth of cryptocurrency that was stolen by North Korean hackers last year, Norwegian police said in a statement on Thursday.
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+3 +1
Russia To Launch $12.3 Million Crypto Mining Farm In Coming Month
The Russian Federation is looking to launch a crypto-mining facility worth over $12.3 million (900 million rubles) in the coming months. According to a report by local Russian media, RBC, this massive data processing center will be located in Buryatia, a Russian republic in eastern Siberia. Upon completion, the data center is expected to house 30,000 mining devices, with a projected total power consumption of 100 megawatts.
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