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.

El Salvador Weekly: Bitcoin Budget 17 Times Higher Than Environment Budget

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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El Salvador Weekly: President Bukele’s Bitcoin Policy Is ‘Magical Thinking’
El Salvador Weekly: President Bukele’s Bitcoin Policy Is ‘Magical Thinking’
July 05, 2022  |  Cryptocurrency

Giving Salvadoran President Nayib Bukele the courage of his convictions, bitcoin’s collapse below $20,000 from its November high of nearly $70,000 hasn’t dimmed his enthusiasm...

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