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Man who said “Tesla will not be selling any Bitcoin” sells Tesla’s Bitcoin

If you were wondering how Musk’s crypto strategy at Tesla is going: Tesla has dumped most of its Bitcoin. BBC: The electric car firm has…

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Cryptomining boom has people’s energy bills skyrocketing; feds mull new rules

Enlarge (credit: Andriy Onufriyenko | Moment) This is not the summer that Americans want to deal with an unknown number of cryptocurrency firms unexpectedly flooding…

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Putin signs law prohibiting crypto payments in Russia

People in Russia will soon no longer be allowed to use digital assets as a form of payment. Russian president Vladimir Putin has signed a…

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Crypto electricity use falling with its value

As cryptocurrency loses its value, less electricity is being used, reports Alex Hern for The Guardian. It’s a simple problem: the cost of energy isn’t…

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DARPA Drops A Bomb On Crypto’s Biggest Selling Point

According to a study commissioned by the Defense Advanced Research Projects Agency, blockchain technology might not be so decentralized and immutable after all. Source: https://www.slashgear.com/903108/darpa-drops-a-bomb-on-cryptos-biggest-selling-point/…

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‘The IMF is evil’: Rich countries take aim at nations adopting crypto  

When Argentina’s central bank issued a de facto ban on trading digital assets, enraged cryptocurrency investors quickly fingered a culprit: As part of a bailout…

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Why Nobody Knows Who Created Bitcoin

Here’s why nobody really knows who created Bitcoin, even though we know his name: Satoshi Nakamoto. If anyone really knows, they’re not talking. Source: https://www.slashgear.com/888022/why-nobody-knows-who-created-bitcoin/…

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Senators introduce bipartisan comprehensive bill to regulate cryptocurrencies

The most comprehensive crypto bill to date is being introduced by a bipartisan pair of senators looking to set a clear regulatory structure for digital…

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Making blockchain stop wasting energy by getting it to manage energy

Enlarge / Managing a microgram might be a case where blockchain is actually useful. (credit: Getty Images) One of the worst features of blockchain technologies…

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NY passes US-first moratorium on reviving fossil fuel plants to mine crypto

Enlarge (credit: Getty Images | Andriy Onufriyenko) New York’s state legislature approved a bill that would prevent fossil fuel power plants from being revived to…

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Upstate New York becomes hotbed for cryptocurrency mining. It might not last.

DRESDEN, N.Y. — Behind chain-link fencing topped by barbed wire, excavators are parked beside the shells of two green buildings that are under construction. Three…

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The 5 Biggest Misconceptions About Crypto

The world of crypto is complex and sometimes overwhelming. You may encounter a variety of differing arguments and opinions which can make it challenging to…

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How Much Money You Have Now If You Bought $100 of Crypto 6 Months Ago

The news is filled with cryptocurrency hacks and rug pulls virtually every day. But what about those legitimate crypto coins that have been around for…

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Bitcoin Is Legal Tender in El Salvador, Here’s How It’s Going

Bitcoin has been legal tender in El Salvador since September 2021. It’s a bold financial experiment—so how’s that going? Data based on a survey by…

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What Is Dogecoin?

The original memecoin, Dogecoin, brought cryptocurrency into the mainstream media spotlight. Its rise in popularity is nothing short of historic. Here’s where it came from…

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This is how the bitcoin bailout could happen

Stablecoins — the supposedly safe tokens that are the real currencies of the crypto world — pose a growing risk to the economy and financial…

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Block is officially building an ‘open Bitcoin mining system,’ says founder Jack Dorsey

Block founder Jack Dorsey has announced on Twitter that the company is officially building an open bitcoin mining system. Dorsey first announced in October last…

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Energy efficient cryptocurrency still emits as much carbon as 2-3 coal plants

I own some cryptocurrency—a decision which began mostly out of necessity, until I saw how much it ballooned, and then I decided that I’ll keep…

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How Anonymous Is Bitcoin?

Cryptocurrency, and Bitcoin especially, has a reputation for being a completely anonymous form of payment, free from tracking and interference. However, if you look a…

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Amazon to Accept Bitcoin by End of 2021 and Develop Own Currency by 2022: Report

Amazon has plans to accept the cryptocurrency bitcoin by the end of 2021, according to an anonymously sourced report in the London newspaper City A.M….

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Residents claim massive bitcoin mining operation is heating up a local lake

Residents in upstate New York are angry because they say a large bitcoin mining operation is heating up Seneca Lake. Seneca Lake is one of…

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El Salvador’s Race to Be the Bitcoin Capital of the World

After China’s crackdown, the cryptocurrency crowd is looking for a new haven. The Central American nation thinks it’s the answer. Source: https://www.wired.com/story/el-salvador-bitcoin-race/ Droolin’ Dog sniffed…

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