Business

What's all the buzz about Bitcoin?

Bitcoin stock surged earlier this month when Elon Musk electrified its prospects by pledging that Tesla, Inc. would soon take payment for its electric vehicles in the much heard about but little-known currency.

Business

Electric carmaker Tesla invests $1.5 bn in bitcoin

Tesla helped push bitcoin to an all-time high Monday after the carmaker announced a $1.5 billion investment in the digital money and plans to accept the cryptocurrency from customers buying its electric vehicles.

Business

Economic downturn fueling Argentine crypto craze

Argentina's economic downturn, with high inflation, a deflating currency and a shortage of US dollars to invest in, has in fact proved a shot in the arm for one sector: cryptocurrency.

Business

US seizes $3.4 bn in bitcoin stolen from Silk Road

The US government announced Monday it had seized $3.4 billion in bitcoin from a real estate developer who stole the cryptocurrency from the dark web marketplace Silk Road a decade ago.

Business

'Halving' arrives for bitcoin miners

The bitcoin market on Friday engineered the "halving" of the reward for operating the cryptocurrency, a much-anticipated step designed to limit production and boost the digital money.

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