Business

Bitcoin sinks and approaches $30,000

The price of bitcoin fell sharply on Tuesday, approaching a symbolic $30,000 threshold it has not crossed since January and dragging other cryptocurrencies in its wake.

Business

El Salvador is banking on bitcoin, but will it work?

El Salvador will soon become the only country in the world accepting bitcoin as legal tender, a cutting-edge but potentially risky new avenue for its large expat community to send money back home.

Business

Bitcoin surges past $50,000 for first time

Bitcoin soared above $50,000 for the first time Tuesday as corporate heavyweights increasingly back the world's most popular virtual currency.

Business

US encourages El Salvador to regulate use of bitcoin

A senior US State Department official met El Salvador President Nayib Bukele on Wednesday and recommended the regulation of bitcoin once it becomes legal tender in the Central American country from September.

Business

Waiting out Bukele's 'Bitcoin City' on a Salvadoran beach

When President Nayib Bukele announced plans to create the world's first "Bitcoin City," a futuristic metropolis financed by cryptocurrency bonds, American Corbin Keegan packed up his life in Chicago and headed for El Salvador.

Business

New York couple plead guilty to bitcoin laundering

A married couple from New York dubbed "Bitcoin Bonnie and Crypto Clyde" pleaded guilty on Thursday to laundering billions of dollars in stolen bitcoin, prosecutors announced.

Computer Sciences

Cryptography in the blockchain era

The advent of blockchains has ignited much excitement, not only for their realization of novel financial instruments, but also for offering alternative solutions to classical problems in fault-tolerant distributed computing ...

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