Business

Anonymous Bitcoin founder commemorated in Budapest with bronze featureless statue

To honor cryptocurrency and blockchain, a statue of the unidentified founder of Bitcoin was unveiled by Hungary. The first statue to honor the
Business

The White House is reportedly getting ready to roll out measures to combat the use of crypto in ransomware attacks

Ransomware attacks have been launched by hackers REvil against hundreds of businesses. Chris Collins/Getty Images The US government is working to
SEC threatens to sue Coinbase over lending product
Tech

SEC threatens to sue Coinbase over lending product

According to executives, the US Securities and Exchange Commission warned Coinbase that it would sue it if it launches a digital asset lending
El Salvador becomes first country to adopt Bitcoin as an official currency
Tech

El Salvador becomes first country to adopt Bitcoin as an official currency

Today, El Salvador has made Bitcoin an official currency. It is now the same as the US dollar. This was after El Salvador became the first country
Business

Bitcoin mining consumes 0.5% of all electricity used globally and 7 times Google's total usage, new report says

According to the New York Times, Bitcoin mining uses 0.5% of all global energy consumption. The report stated that this is roughly seven times the
Business

S&P 500, Nasdaq hits record highs after jobless claims fall to lowest since March 2020

Xinhua/Wang Ying/ Getty Images After Thursday's jobless claim drop to its lowest point since March 2020, record highs were set for the S&P 500
Business

Cardano's ada soars to top $3 for the first time after the network begins upgrades to deliver smart contracts

Recent weeks have seen a sharp rise in cryptocurrencies. Getty Images Cardano's Ada cryptocurrency rose to $3 on Thursday, the highest level since
Business

The president of Belarus reportedly wants his government to mine crypto using spare power infrastructure

Alexander Lukashenko, President of Belarus Dmitry Astakhov/Pool/AFP via Getty Images Cointelegraph reported that the president of Belarus asked his
Business

The creator of a cryptocurrency called AriseCoin was sentenced to 5 years in prison for $4 million fraud scheme

OZAN KOSE/AFP via Getty Images US Department of Justice sentenced AriseCoin's creator to five years federal prison. Jared Rice, CEO of AriseCoin,
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Cryptocurrency funds snap 6 weeks of outflows, led by investments in Ethereum rival Solana

Bitcoin trading is now available above $50,000 Chesnot/Getty Images CoinShares reported that $21 million was earned last week by investors in crypto