Business

Bitcoin falls below $30,000, lowest since July 2021

Bitcoin slumped below $30,000 for the first time since July 2021 on Tuesday as cryptocurrencies track sinking markets with investors spooked by aggressive US monetary tightening and surging inflation.

Business

Cryptocurrency's dirty secret: Energy consumption

Though skeptics may characterize cryptocurrency as "fake money," "worse than tulip bulbs," or outright fraud, it is a very real business. The market capitalization of the almost 19,000 cryptocurrencies in circulation is currently ...

Business

Bitcoin miners descend on Georgia to mint new currency

Georgia was the site of America's first gold rush in 1828 when miners flocked to the mountains near Dahlonega looking to strike it rich. Nearly 200 years later, a new wave of miners is descending on the state.

Security

Germany closes Russian darknet marketplace Hydra

German police said Tuesday they have taken down Russian-language illegal darknet marketplace Hydra, the largest such network in the world, and seized bitcoins worth 23 million euros ($25 million).

Internet

Bitcoin ETFs: What are they and how to invest in them?

As the price of Bitcoin soared since first being introduced, investors have sought ways to get a piece of the cryptocurrency action. Financial firms have rushed to come up with products that feed investors' crypto appetite, ...

Security

How thieves manage to steal cryptocurrency

US officials announced on Tuesday they had recovered $3.6 billion of bitcoin stolen in a 2016, throwing a light on the scams that surround cryptocurrency.

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