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.
Crypto Industry Continues Balancing Contagion With Cleanup Post-FTX
Crypto Industry Continues Balancing Contagion With Cleanup Post-FTX
January 18, 2023  |  Cryptocurrency

Crypto continues battling through a historic shock to its system, while industry lessons accumulate. In just the past two weeks alone, bitcoin (BTC) has risen...

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Bitcoin Rallies to Pre-FTX Levels as Exchange’s Creditors Find Billions
Bitcoin Rallies to Pre-FTX Levels as Exchange’s Creditors Find Billions
January 17, 2023  |  Cryptocurrency

Bitcoin broke $21,000 for the first time this year, and FTX’s management uncovered more assets. This, as the group of affiliated FTX Debtors announce they’ve...

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Blockchain Missing Use Case at Scale Bank of America CEO Says
Blockchain Missing Use Case at Scale Bank of America CEO Says
January 17, 2023  |  Digital-First Banking

Bank of America CEO Brian Moynihan claims the company has “hundreds” of blockchain patents.  The issue in deploying the technology behind those patents? The all-important fact is...

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Binance and Huobi Recover Some Funds From 2022 Harmony Hack
Binance and Huobi Recover Some Funds From 2022 Harmony Hack
January 16, 2023  |  Security & Fraud

Cryptocurrency exchanges Binance and Huobi have recovered some of the funds stolen in last year’s hack of Harmony. “We detected Harmony One hacker fund movement,”...

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Binance’s Bahrain Launch Welcomed by Country’s Central Bank
Binance’s Bahrain Launch Welcomed by Country’s Central Bank
January 16, 2023  |  Cryptocurrency

Cryptocurrency exchange Binance is open for business in Bahrain. The world’s largest crypto exchange by volume said in a Monday (Jan. 16) press release it...

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Growing Scrutiny, Layoffs Mark Next Leg of Post-FTX Crypto Contagion
Growing Scrutiny, Layoffs Mark Next Leg of Post-FTX Crypto Contagion
January 13, 2023  |  Cryptocurrency

It’s been a choppy start to the new year for the crypto industry. This, as millions of customers are out of their entrusted money and...

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Report: DOJ Investigating Saber Stablecoin Exchange Founders
Report: DOJ Investigating Saber Stablecoin Exchange Founders
January 12, 2023  |  Cryptocurrency

The Department of Justice is reportedly investigating the founders of Solana stablecoin exchange Saber Labs. The investigation targets brothers Ian and Dylan Macalinao, CoinDesk reported Wednesday (Jan....

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FTX Can Be Saved, Arrested Founder Blogs From Parents’ Home
FTX Can Be Saved, Arrested Founder Blogs From Parents’ Home
January 12, 2023  |  Cryptocurrency

While his colleagues admit their guilt, Sam Bankman-Fried is sticking to his “I’m innocent” script. This, as the disgraced founder and one-time CEO of the...

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FTX Unearths More Than $5B in Cash and Assets
FTX Unearths More Than $5B in Cash and Assets
January 11, 2023  |  Cryptocurrency

FTX has found more than $5 billion in cash and liquid assets, company attorneys said. In a hearing Wednesday (Jan. 11) in U.S. Bankruptcy Court...

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