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.

Why Payments Valuation Plunge Is as Irrational as Crypto Exuberance
Why Payments Valuation Plunge Is as Irrational as Crypto Exuberance
July 17, 2022  |  Cryptocurrency

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El Salvador Weekly: Bitcoin Budget 17 Times Higher Than Environment Budget
El Salvador Weekly: Bitcoin Budget 17 Times Higher Than Environment Budget
July 15, 2022  |  Bitcoin

Ten days after Hurricane Bonnie ripped across El Salvador, causing flooding, damaging homes and cars, and killing at least one person, an economist took the...

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Market Crash Tests Crypto’s Survival of the Fittest
Market Crash Tests Crypto’s Survival of the Fittest
July 15, 2022  |  Cryptocurrency

When TerraUSD or UST, an algorithmic stablecoin that was supposed to be pegged to the dollar, collapsed in May, it sent shockwaves across the crypto...

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Today in Crypto: Circle Reveals USDC Reserve Assets; Celsius Details Billion-Dollar Budget Hole in Chapter 11 Filings
Today in Crypto: Circle Reveals USDC Reserve Assets; Celsius Details Billion-Dollar Budget Hole in Chapter...
July 14, 2022  |  Cryptocurrency

Circle has said it wants to add more transparency to its operations, and has begun to share mint and burn data for its USD Coin...

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Binance CEO, Lightning Rod for Controversy, Launches Bitcoin Price War
Binance CEO, Lightning Rod for Controversy, Launches Bitcoin Price War
July 12, 2022  |  Cryptocurrency

On July 8, Changpeng “CZ” Zhao, founder and CEO the world’s largest cryptocurrency exchange, Binance, launched what is likely to become an all-out price war...

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Today in Crypto: Voyager Starts Chapter 11 Restructuring; Texas Bitcoin Miners Shut Down as Power Grid Nears Breaking Point
Today in Crypto: Voyager Starts Chapter 11 Restructuring; Texas Bitcoin Miners Shut Down as Power...
July 11, 2022  |  Cryptocurrency

Crypto exchange KuCoin is reportedly looking to hire 300 employees over the next few months, which runs contrary to the fears of a recession getting...

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Today in Crypto: UK Think Tank Calls for Global Rules on CBDC; Celsius Hires New Restructuring Lawyers
Today in Crypto: UK Think Tank Calls for Global Rules on CBDC; Celsius Hires New...
July 10, 2022  |  Cryptocurrency

As part of its ongoing investigation, India’s Directorate of Enforcement (ED) is looking into more details regarding foreign exchange violations from crypto firms, according to...

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El Salvador Weekly: Half of Chivo Wallet Transactions Are Completed in Dollars
El Salvador Weekly: Half of Chivo Wallet Transactions Are Completed in Dollars
July 08, 2022  |  Mobile Wallets

El Salvador’s Chivo digital wallet has largely failed as a digital wallet for cryptocurrency, but it just might succeed as a dollar debit app for...

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Graff Diamonds Sues Insurance for Losses After Paying $7.5M Ransom to Hackers
Graff Diamonds Sues Insurance for Losses After Paying $7.5M Ransom to Hackers
July 06, 2022  |  Legal

Graff Diamonds, a British luxury jeweler, has paid a ransom in bitcoin of $7.5 million to Conti, the Russian hacking gang which leaked data on...

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