Source You may have seen a Bitcoin Teller Machine (BTM) and wondered who would use one and and why. I have, there is one in our local Safeway. Elijah Nicholson-Messmer and Ella Ceron look into BTMs in Bitcoin ATMs Flood Black, Latino Areas, Charging Fees up to 22%. The headline s … | Continue reading
This article originally appeared on Quartz. Read more... | Continue reading
The stock and cryptocurrency markets could be approaching a significant price correction, according to Markus Thielen, the founder of 10x… Continue reading ‘Bitcoin and stocks may be about to have major correction’, says analyst The post ‘Bitcoin and stocks may be about to have m … | Continue reading
Below the fold is the text of a talk I gave to Berkeley's Information Systems Seminar exploring the history of attempts to build decentralized systems and why so many of them end up centralized. As usual, you don't need to take notes. The text of my talk with links to the sources … | Continue reading
@tzedonn Muyao Shen explains the concept of the Left Curve in The Big Winners of This Crypto Bull Market Are the `Left Curves’: There is a surprising amount of respect for people who appear to know nothing about the industry. They’re known as the “left curves.” The nickname comes … | Continue reading
Thankfully, pig butchering scams are getting attention. Three weeks after I posted Tracing The Pig Butchers, John M. Griffin and Kevin Mei posted How Do Crypto Flows Finance Slavery? The Economics of Pig Butchering: Through blockchain addresses used by ‘‘pig butchering’’ victims, … | Continue reading
Coinbase CEO Brian Armstrong has advocated for Bitcoin (BTC) as a financial discipline tool, suggesting it could counteract United States… Continue reading Coinbase CEO: Bitcoin could counteract US deficit The post Coinbase CEO: Bitcoin could counteract US deficit appeared first … | Continue reading
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The United States recently approved spot Bitcoin (BTC) exchange-traded funds (ETFs), which experienced another day of record-breaking inflows on March… Continue reading Bitcoin ETF daily inflows breaks $1B The post Bitcoin ETF daily inflows breaks $1B appeared first on ReadWrite. | Continue reading
El Salvador’s Bitcoin (BTC) holdings have yielded an unrealized profit of $84 million, with the treasury’s value increasing by 69%… Continue reading El Salvador gained $84M from Bitcoin holdings The post El Salvador gained $84M from Bitcoin holdings appeared first on ReadWrite. | Continue reading
During the Asian trading session on Monday, Bitcoin (BTC) soared past $71,000 for the first time in history. This surge… Continue reading Bitcoin lifted over $71,000 as UK’s FCA approves crypto ETNs The post Bitcoin lifted over $71,000 as UK’s FCA approves crypto ETNs appeared fi … | Continue reading
Bitcoin reached a new all-time high Friday morning, just days after it broke a previous high. The cryptocurrency peaked at $70,136.33, according to CoinDesk. As soon as it established a new high, Bitcoin fell by thousands of dollars minutes later. Read more... | Continue reading
The United States Securities and Exchange Commission has delayed its decision on whether to approve the trading of options on… Continue reading SEC delays decision on Bitcoin trading options for ETFs The post SEC delays decision on Bitcoin trading options for ETFs appeared first … | Continue reading
The crypto community took a victory lap Tuesday with the news that the price of Bitcoin hit an all-time high of $69,210. Those celebrations cooled when the value dropped a full 8% just a few hours later, but it marked a stunning recovery from the crypto crash of 2022. For the fan … | Continue reading
Angry Coinbase users slammed the cryptocurrency trading app after it crashed again on Tuesday (Mar.5), the same day Bitcoin hit […] The post Coinbase crashed as Bitcoin soared to record high appeared first on ReadWrite. | Continue reading
Serving the Technologist for more than a decade. IT news, reviews, and analysis. | Continue reading
Bitcoin hit an all-time high of $69,170 Tuesday morning, according to CoinMarketCap, breaching the previous all-time high of $68,990 in November 2021. The price then slipped back under $68,000 soon after reaching its peak. Read more... | Continue reading
Deloitte is seeking specialist staff to assist the firm in its efforts to combat financial crime relating to cryptocurrency. The […] The post Accounting giant Deloitte seeking specialists for crypto investigations appeared first on ReadWrite. | Continue reading
Bitcoin has reached a two-year high today (Monday 4 March) as it jumped to above $65,000 in the early hours […] The post Bitcoin price surges beyond $65,000 as records beckon appeared first on ReadWrite. | Continue reading
For the first time since November 2021, the price of Bitcoin has surged past $60,000, setting new record highs in […] The post Bitcoin price: crypto market hits record high, first time since 2021 appeared first on ReadWrite. | Continue reading
The internet is filled with scam artists who try to swindle unsuspecting people out of their money. But impersonation scams that use Elon Musk and his bevy of tech companies—including Tesla, SpaceX, Neuralink, and X—have exploded in popularity in recent years. And Gizmodo obtaine … | Continue reading
Coinbase users are reporting that their accounts are showing a “zero balance” on Wednesday afternoon. Coinbase confirmed the problem on its status page at 12:40 p.m. ET but claims customer cryptocurrency funds are safe. This comes as Bitcoin’s price surged nearing its all-time hi … | Continue reading
Bitcoin’s price surged past $63,000 and then receded just a bit under on Wednesday,reaching a level the crypto coin hasn’t seen since November 2021. While it still has a little way to climb to reach an all-time high of $68,000, that level feels comfortably within reach. And if yo … | Continue reading
The Department of Energy wants to know how 2% of the US's electricity is being used. | Continue reading
Have you seen a story on social media recently claiming that Sen. Elizabeth Warren has endorsed bitcoin? That would be quite a change, given Warren’s intense skepticism of crypto and her advocacy of more regulation for the industry. But the claim that Warren has made an about-fac … | Continue reading
It’s safe to say crypto is experiencing renewed interest since the crash of 2022. Bitcoin just hit its highest price since 2021, the SEC’s approval of spot Bitcoin ETFs has investors very excited, and the market cap for all crypto just breached $2 trillion. But everyone who’s rea … | Continue reading
Coindesk’s Andy Baehr says Bitcoin is just a normal, bread and butter investment now. | Continue reading
In early December 2022 when I wrote skeptically about the economics of Bitcoin mining in Foolish Lenders the Bitcoin "price" was around $17K. It has now climbed 153% to around $43K and, below the fold, I am still posting skeptically about the economics of mining. Source The first … | Continue reading
"Vicky" Chapter 18 of Zeke Faux's Number Go Up: Inside Crypto's Wild Rise and Staggering Fall is entitled "Pig Butchering". It starts when he receives a supposed wrong-number text from a "Vicky": I showed my phone to my friend and explained that I was stringing Vicky along becaus … | Continue reading
Electricity demand associated with U.S. cryptocurrency mining operations in the United States has grown very rapidly over the last several ... [continued] The post Tracking Electricity Consumption From U.S. Cryptocurrency Mining Operations appeared first on CleanTechnica. | Continue reading
Serving the Technologist for more than a decade. IT news, reviews, and analysis. | Continue reading
Cryptocurrency cleaned up its act this week as spot Bitcoin ETFs made their Wall Street debut in January. The digital tokens are looking almost unrecognizable from what the industry represented just a few years ago, leading to the question, is Bitcoin still crypto?Read more... | Continue reading
I apologize for the delay in posting but, as you will see, the post I was working on grew rather long. It seems obvious that doing crimes and writing the receipts to an immutable public ledger is risky, but many criminals have been convinced that there is no risk because cryptocu … | Continue reading
Andy Greenberg, Wired: When she had started that process of probing the Bitcoin ecosystem, [Sarah] Meiklejohn had seen her work almost as anthropology: What were people doing with bitcoin? How many of them were saving the cryptocurrency versus spending it? But as her initial find … | Continue reading
Once, drug dealers and money launderers saw cryptocurrency as perfectly untraceable. | Continue reading
Wouldn't it be nice if we could just... "uninvent" cryptocurrencies. Also, if people could stop assuming I want anything to do with "crypto trading" that'd be cool, ta. | Continue reading
“Mixers” and “privacy coins” like Monero enable them to launder profits, stay online. | Continue reading
After a hilarious fake out yesterday, the US Securities and Exchange Commission (SEC) *officially* approved 11 Bitcoin ETFs, giving the crypto world a bit win to start the new year. The ETFs will make it easier for normal, non-web3 people to invest in the cryptocurrency, opening … | Continue reading
The Securities and Exchange Commission’s primary X account was hacked on Tuesday, the social media site has confirmed. The account, which falsely tweeted about a much-anticipated Bitcoin ruling, thus throwing the crypto world into a temporary uproar, didn’t have two-factor authen … | Continue reading
The X account belonging to the Securities and Exchange Commission was hacked on Tuesday, allowing a fake announcement to be posted to the web concerning a much-awaited happening in the crypto world: the first Bitcoin ETFs. The announcement claimed the ETFs had been approved but, … | Continue reading
The Security and Exchange Commission’s X account was hacked on Tuesday afternoon, sending an untrue tweet that the Bitcoin ETF was approved. Chairman Gary Gensler quickly tweeted from his personal account that the tweet was false and the result of a hack. In the following 15 minu … | Continue reading
Today marks the first of many upcoming moments of silence in Google’s years-long plan to kill cookies. As of this morning, the Chrome web browser disabled cookies for 1% of its users, about 30 million people. By the end of the year, cookies will be gone in Chrome forever—sort of. … | Continue reading
The price of Bitcoin crashed nearly 10% on Wednesday, falling from $45,000 to below $41,000 in mere hours, hurting crypto’s best bull run in a year. But what, or who, could have been the culprit behind the crash? The day before, CNBC’s host of Mad Money, Jim Cramer, directed his … | Continue reading
USDT "market cap" The good news for Tether is shown in this graph, with two huge surges in "market cap" this year. One of about $15B early in the year, and another of about $6B recently. It looks like the euphoria over the prospect of spot Bitcoin ETFs has solved the Greater Fool … | Continue reading
Alastair McCready and Allegra Mendelson, South China Morning Post (likely paywalled): Cambodia’s scam sector gained infamy last year after reports seeped out of massive human trafficking, forced labour and systematic torture. The Philippines’ role as a major scam hub was also rea … | Continue reading
Source This isn't America's Finest News Source, it is this morning's Crypto page from Bloomberg. I couldn't resist posting it. | Continue reading
Well, that’s one way to see your investment pay off. In 2014, the largest cryptocurrency exchange in the world, Mt. Gox, suffered a notorious hack that stole 850,000 Bitcoins from the platform. Victims are finally starting to get their money back on Tuesday, nearly 10 years later … | Continue reading
The attitude of the crypto-bros and tech more generally is that they are going to make so much money that paying for whatever resource they need to make it will be a drop in the ocean. Amd that externalities such as carbom emissions are someone else's problem. I discussed Proof-o … | Continue reading