Many first-time investors bought Bitcoin and other cryptocurrencies as they neared all-time highs, and crypto companies spent millions on marketing. Today, they are coping with painful losses.
Tesla aggressively embraced Bitcoin in 2021, investing $1.5 billion in the currency. But it now says its profitability was affected by "Bitcoin impairment."
A new analysis commissioned by DARPA quantifies how the decentralized tech that runs the currency system could be compromised.
FTX CEO Sam Bankman-Fried says that, until investors get used to higher interest rates, risk assets, including cryptocurrency, won't recover.
Bitcoin and other cryptocurrencies are plunging. Here's what to know about a market that just a few months ago was being touted as the future of finance.
Put on hold by the COVID-19 pandemic, a federal case against two foreign nationals is proceeding after charges were first filed in 2019.
Bitcoin and other cryptocurrencies are being caught up in the storm impacting all kinds of markets, including stocks. The plunge in a type of crypto called TerraUSD is raising special concern.
Stocks continue to slump on fears about inflation – and whether the Federal Reserve can bring down prices without sparking a recession.
Fidelity said it has signed up one employer that will add the offering to its plan later this year. The U.S. government has warned the industry to exercise extreme care when offering cryptocurrencies.
Cryptocurrencies are money that only exist in the internet. Still, they have to be made by computers somewhere, and the pitch to let that be somewhere close to you can be very persuasive.
After making the cryptocurrency legal tender, President Nayib Bukele plans to launch bitcoin-backed bonds to raise $1 billion for the country.
As cryptocurrency become more mainstream, some states are introducing legislation to standardize crypto as a form of payment.