Bitcoin

Bitcoin is a cryptocurrency. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.
Metaco CEO and Product Head Leave Ripple-Owned Crypto Firm
Metaco CEO and Product Head Leave Ripple-Owned Crypto Firm
February 12, 2024  |  Personnel

Metaco CEO Adrien Treccani and Chief Product Officer Peter DeMeo reportedly resigned from the Ripple-owned cryptocurrency custody firm. “We appreciate the strong and industry-leading custody...

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AI Took Over This Year’s Super Bowl Ads; It’s Coming for Daily Life Next
AI Took Over This Year’s Super Bowl Ads; It’s Coming for Daily Life Next
February 12, 2024  |  Artificial Intelligence

The Super Bowl, which was broadcast in 190 countries around the world Sunday (Feb. 11), was more than just an overtime battle between the Kansas...

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‘Cryptofinance’ Might Be Replacing ‘Cryptocurrency,’ but Bitcoin Is Still Unreliable
‘Cryptofinance’ Might Be Replacing ‘Cryptocurrency,’ but Bitcoin Is Still Unreliable
February 07, 2024  |  Cryptocurrency

Compared to the events of 2023, the cryptocurrency sector in 2024 could be considered relatively boring. U.S. regulators at the start of the year approved...

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Large-Scale Crypto Mining Consumes 2% of US Electricity
Large-Scale Crypto Mining Consumes 2% of US Electricity
February 04, 2024  |  Cryptocurrency

How much energy does cryptocurrency mining consume in the U.S.? A recent analysis by the Energy Information Agency (EIA) estimates that large-scale cryptocurrency operations consume more...

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Bitpay Climbs Two Spots in PYMNTS Provider Ranking of Crypto Wallet Apps
Bitpay Climbs Two Spots in PYMNTS Provider Ranking of Crypto Wallet Apps
February 01, 2024  |  Crypto Wallet

If you’re looking for a place to store your crypto, PYMNTS’ Provider Ranking of Cryptocurrency Wallets can help. Each month, PYMNTS uses metrics such as...

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Tether Says USDT Market Cap Climbs Toward $100 Billion
Tether Says USDT Market Cap Climbs Toward $100 Billion
January 31, 2024  |  Cryptocurrency

Tether, issuer of USDT stablecoin, says its flagship digital asset is worth nearly $100 billion. The company on Wednesday (Jan. 31) released earnings showing that...

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FTX Amasses $4.4 Billion Stockpile as Customers Await Repayment
FTX Amasses $4.4 Billion Stockpile as Customers Await Repayment
January 28, 2024  |  Cryptocurrency

FTX has reportedly been selling crypto assets and stockpiling cash as it looks to repay customers. Those customers’ accounts have been in limbo since the cryptocurrency...

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Bitcoin Falls Amid Investor Profit-Taking After Recent High 
Bitcoin Falls Amid Investor Profit-Taking After Recent High 
January 23, 2024  |  Bitcoin

Bitcoin continued its recent decline, falling below $39,000 on Tuesday.  This marks the world’s largest cryptocurrency’s lowest level since December and comes after a 2.5%...

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SEC Says ‘SIM Swap’ Attack Enabled Takeover of X Account 
SEC Says ‘SIM Swap’ Attack Enabled Takeover of X Account 
January 22, 2024  |  Security & Fraud

The Jan. 9 hack of the Securities and Exchange Commission’s (SEC) account on the social media platform X (formerly known as Twitter) was apparently the result of...

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