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News Articles: Bitcoin

El Salvador's President Nayib Bukele (shown here at a news conference in May 2020) spearheaded efforts to make Bitcoin legal tender in his country.

Tagged as: 

  • Business

El Salvador Just Became The First Country To Accept Bitcoin As Legal Tender

Advocates of Bitcoin, including President Nayib Bukele, say the policy that took effect Tuesday was historic. But the rollout was marred by technical glitches and some political opposition.

September 07, 2021
|
By:
  • Joe Hernandez
This illustration photograph taken on July 19 in Istanbul shows a physical banknote and coin imitations of the Bitcoin cryptocurrency. Regulators such as Securities and Exchange Commission Chairman Gary Gensler are promising tougher action for cryptocurrencies.

Tagged as: 

  • Business

Tougher Rules Are Coming For Bitcoin And Other Cryptocurrencies. Here's What To Know

The country's top market watchdog has promised tougher scrutiny of virtual currencies, but we still don't know what will be unveiled.

August 20, 2021
|
By:
  • David Gura
A sign at a store in El Zonte, El Salvador, advertises that it accepts bitcoins for payment.

Tagged as: 

  • Energy

El Salvador Plans To Use Electricity Generated From Volcanoes To Mine Bitcoin

Bitcoin mining has taken a lot of heat for being harmful to the environment since it requires massive amounts of electricity to generate the invisible currency.

June 11, 2021
|
By:
  • Joe Hernandez
A sign at the Colonial Pipeline Houston Station facility in Pasadena, Texas, warns against trespassing. Colonial was forced to shut down a key pipeline last month after suffering a ransomware attack. Such attacks are becoming more frequent and increasingly, they are targeting key infrastructure like fuel or food supplies.

Tagged as: 

  • Business

U.S. Suffers Over 7 Ransomware Attacks An Hour. It's Now A National Security Risk

Cybercriminals are using sophisticated malware to attack companies' IT systems, and they are demanding ransom payments in digital currencies

June 09, 2021
|
By:
  • David Gura
A physical imitation of the Bitcoin cryptocurrency is pictured with a $1 bank note. Cryptocurrencies are plunging over a range of factors, including the spillover impact from falling stock markets and fears about increased regulations.

Tagged as: 

  • Business

Bitcoin Is Plunging. What To Know About The Wild Ride In Cryptocurrencies

Weeks after setting a record high, the price for Bitcoin has fallen dramatically along with other cryptocurrencies over factors ranging from inflation to, yes, Elon Musk.

May 20, 2021
|
By:
  • David Gura
Tesla CEO Elon Musk delivers his opening monologue on "Saturday Night Live" last week in an image released by NBC. Musk tweeted on Wednesday that Tesla would no longer accept cryptocurrency Bitcoin for car purchases.

Tagged as: 

  • Business

Never Mind: Elon Musk Says Tesla Won't Accept Bitcoin For Car Purchases Any More

Tesla's CEO explained on Twitter that the reversal on accepting Bitcoin was prompted by concerns about the "rapidly increasing use of fossil fuels" to mine the cryptocurrency.

May 13, 2021
|
By:
  • Camila Domonoske
Coinbase on Wednesday became the first major cryptocurrency company to be publicly traded on the Nasdaq.

Tagged as: 

  • Technology

Coinbase, A Bitcoin Startup, Goes Public. Is Crypto Really The 'Future Of Finance'?

Coinbase's public debut comes as more institutions warm up to the idea of cryptocurrency and its popularity among investors soars.

April 15, 2021
|
By:
  • Bobby Allyn
Tesla CEO Elon Musk speaks during the unveiling of the new Tesla Model Y in Hawthorne, Calif., on March 14, 2019. Tesla announced on Monday it would invest $1.5 billion in cryptocurrency Bitcoin.

Tagged as: 

  • Business

It Doesn't Get More Buzzy Than This: Tesla Is Investing $1.5 Billion In Bitcoin

The automaker and the cryptocurrency have a lot in common: Soaring values, idealistic fans and plenty of skeptics. Now Tesla is investing in Bitcoin and plans to accept it for car purchases, too.

February 08, 2021
|
By:
  • Camila Domonoske
Alleged hackers under the names of Rolex#0373 and Kirk#5270 allegedly discuss the possibility of selling access to hacked Twitter accounts for up to $2,500.

Tagged as: 

  • Technology

Florida 17-Year-Old, 'Mastermind' Of Twitter Hack, And Two Others Face Charges

In the first criminal charges connected to the Twitter hack earlier this month, state and federal authorities reveal new details about how the scheme allegedly occurred.

August 01, 2020
|
By:
  • Shannon Bond and
  • Bobby Allyn
In this Dec. 21, 2017 file photo, a woman walks past the Bitcoin ATM in Hong Kong.

Break It Down: Bitcoin

A Texas-based bitcoin network called Coinsource has installed 18 new ATM machines in Atlanta . Now, if you wonder just what the heck bitcoin is then you...

January 02, 2018
|
By:
  • Celeste Headlee and
  • Emily Cureton

On Second Thought For Monday, August 8, 2016

A survey by U.S. News and World Report found as many as one in three first-year students did not return to college for a second year between fall 2010...

August 08, 2016
|
By:
  • Celeste Headlee

Break It Down: Bitcoin

Two years ago, Georgia Tech became the first university in the country to accept Bitcoin. But they stopped this year due to a lack of interest. We break...

August 08, 2016
|
By:
  • Celeste Headlee and
  • Olivia Reingold

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