Last year’s Super Bowl broadcast was “crypto-happy” as 100 million Americans saw at least three commercials promoting cryptocurrency. This year things will be different. According to the Associated Press, there will be no cryptocurrency advertisements aired during this year’s game. Last year’s Super Bowl was dubbed the “Crypto Bowl” because Read more…
Consumers could be using a new digital pound as an alternative to cash by the end of the decade under plans being drawn up by the Bank of England and the Treasury. The government is speeding up its response to the rise of privately issued cryptocurrencies and stable coins with Read more…
A year ago, crypto successfully scraped and scrapped to get a foot in the door in Washington. But in the wake of crypto’s winter, and FTX’s spectacular collapse, that door has now slammed shut. Gaining legitimacy in Washington has been an essential part of the industry’s push into the mainstream. Read more…
In 2017 the New York Times covered research co-authored by John Griffin, a finance professor at the University of Texas, into Hong Kong-based Bitfinex, “one of the largest and least regulated exchanges in the industry.” Mr. Griffin looked at the flow of digital tokens going in and out of Bitfinex Read more…
CNN remembers how in 2016 Ruja Ignatova “touted her company, OneCoin, as a lucrative rival to Bitcoin in the growing cryptocurrency market.” As OneCoin’s co-founder, Ignatova told one audience in 2016 that “In two years, nobody will speak about Bitcoin anymore. “Sixteen months later, Ignatova boarded a plane in Sofia, Read more…
“When people talk about crypto mining the first thing usually mentioned is the amount of electricity it uses,” writes Slashdot reader quonset. “What few realize is how loud rack after rack of servers and fans for cooling running 24/7 can be. The people of Murphy, North Carolina found out, and Read more…
Bitcoin’s (BTC) 2023 surge continues, with the crypto now above $20,000 for the first time since the FTX collapse in early November. CoinDesk reports: The largest cryptocurrency by market capitalization started the week near the $17,000 mark after hovering in the mid-$16,000 area since mid-December. Now at $20,250, bitcoin has Read more…