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News Articles: cryptocurrency

At the beginning of the pandemic, Michelle Milkowski started investing in penny stocks. A few months later, she bought cryptocurrency for the first time.

Tagged as: 

  • Business

Amid the hype, they bought crypto near its peak. Now, they cope with painful losses

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.

July 26, 2022
|
By:
  • David Gura
A visual representation of the digital Cryptocurrency, Bitcoin. A new report says the technology's security is vulnerable.

Tagged as: 

  • Business

Cryptocurrency tech is vulnerable to tampering, a DARPA analysis finds

A new analysis commissioned by DARPA quantifies how the decentralized tech that runs the currency system could be compromised.

June 22, 2022
|
By:
  • Martin Kaste
Sam Bankman-Fried, co-founder and chief executive officer of FTX, in Hong Kong, China, on Tuesday, May 11, 2021.

Tagged as: 

  • Business

Crypto billionaire says Fed is driving current downturn

FTX CEO Sam Bankman-Fried says that, until investors get used to higher interest rates, risk assets, including cryptocurrency, won't recover.

June 19, 2022
|
By:
  • David Gura
Sam Bankman-Fried, co-founder and chief executive officer of FTX, in Hong Kong, China, on Tuesday, May 11, 2021.

Tagged as: 

  • Business

Crypto billionaire says Fed is driving current downturn

FTX CEO Sam Bankman-Fried says that, until investors get used to higher interest rates, risk assets, including cryptocurrency, won't recover.

June 19, 2022
|
By:
  • David Gura
The mobile phone icon for the Coinbase app is shown in New York on April 13, 2021.

Tagged as: 

  • Business

Coinbase lays off 18% of its workforce. The CEO cites an upcoming crypto winter

The company's platform allows people to buy and sell cryptocurrency. It had just gone public last year.

June 14, 2022
|
By:
  • Jaclyn Diaz and
  • David Gura
File photo of several dozen pills containing fentanyl. They are circular and blue, with one side showing a capital letter M and the other side showing the number 30.

Tagged as: 

  • Law

Charges filed in alleged international fentanyl drug ring that killed two Navy officers in Georgia

Put on hold by the COVID-19 pandemic, a federal case against two foreign nationals is proceeding after charges were first filed in 2019.

June 02, 2022
|
By:
  • Benjamin Payne
A yard sign protesting the proposed cryptocurrency mine in the town of Forsyth.

Tagged as: 

  • Business

Bitcoin mines come to rural Georgia communities. They're bringing opportunities — and tensions

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.

April 07, 2022
|
By:
  • Lars Lonnroth
El Salvador's El Zonte is now popularly known as "Bitcoin Beach," for being the first town to use the cryptocurrency as a form of payment for services, products and salaries.

Tagged as: 

  • World

El Salvador's leader wants to go in even bigger on bitcoin

After making the cryptocurrency legal tender, President Nayib Bukele plans to launch bitcoin-backed bonds to raise $1 billion for the country.

March 27, 2022
|
By:
  • Carrie Kahn
Workers install cryptocurrency mining computers inside a converted shipping container at the Compute North facility in Nebraska.

Tagged as: 

  • World

How the U.S. benefits when China turns its back on Bitcoin

Until the middle of last year, most cryptocurrency mining took place in China. Then authorities pulled the plug. So Chinese bitcoin miners began moving their gear to U.S. towns like Kearney, Nebraska.

February 24, 2022
|
By:
  • John Ruwitch and
  • Emily Feng
GPB News NPR

Tagged as: 

  • Business

Miami wants to become crypto's financial capital. New York's response? Bring it on

Miami and New York City are racing to become the country's next "crypto capital" at a time when many see virtual currencies as the future of finance.

December 25, 2021
|
By:
  • David Gura
U.S. Securities and Exchange Commission Chairman Gary Gensler testifies before the Senate Banking Committee on Sept. 14 in Washington, D.C. Gensler discussed his approach to the job in a recent interview with NPR.

Tagged as: 

  • Business

Why Wall Street's top cop thinks it's time to get tough

In a recent interview with NPR, S.E.C. Chairman Gary Gensler says one of his top priorities is protecting amateur investors as his agency unveils a number of tough new rules and investigations.

December 19, 2021
|
By:
  • David Gura
From left to right: Sen. Cynthia Lummis, R-Wyoming; Securities and Exchange Commission Chairman Gary Gensler; and Sen. Elizabeth Warren, D-Mass. All three are likely to play important roles as the country starts to shape regulations for cryptocurrencies such as Bitcoin.

Tagged as: 

  • Business

A big fight is brewing over cryptocurrencies. These are some key players to watch

Washington policymakers will soon start deciding on new rules for cryptocurrencies, setting up a fight between supporters and critics of the $2.5 trillion market.

November 06, 2021
|
By:
  • David Gura
Spinning on the hamster wheel allows Mr. Goxx to select a cryptocurrency to trade. Choosing one of two tunnels to run through allows him to buy or sell.

Tagged as: 

  • Animals

A Crypto-Trading Hamster Performs Better Than Warren Buffett And The S&P 500

A hamster named Mr. Goxx enters one of two tunnels in the his cage, which determines whether he will buy or sell. As of Friday, his portfolio is up nearly 20%, according to his Twitter account.

September 27, 2021
|
By:
  • Deepa Shivaram
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 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
  • Load More

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