Crypto crisis: how digital currencies went from boom to collapse

Detta inlägg post publicerades ursprungligen på denna sida this site ; Savers talk of devastating losses as assets such as bitcoin and ‘stablecoins’ like terra fell sharply by Alex Hern and Dan Milmo Yuri Popovich had watched his neighbours’ houses Läs mer…

Three Arrows Capital to become latest casualty of crypto crash

Detta inlägg post publicerades ursprungligen på denna sida this site ; Three Arrows Capital to become latest casualty of crypto crash Crypto hedge fund facing collapse after claims of $650m default on loan to Voyager bank The crypto hedge fund Läs mer…

Changpeng Zhao: tech chief in the eye of the cryptocurrency storm

Detta inlägg post publicerades ursprungligen på denna sida this site ; Interview Changpeng Zhao: tech chief in the eye of the cryptocurrency storm Dan Milmo and Alex Hern The founder of Binance, the world’s largest digital currency exchange, is on Läs mer…

Electricity used to mine bitcoin plummets as crypto crisis widens

Detta inlägg post publicerades ursprungligen på denna sida this site ; Electricity used to mine bitcoin plummets as crypto crisis widens Consumption down by third since 11 June, with even sharper falls among other cryptocurrency networks The amount of electricity Läs mer…

Bitcoin could stay below $69,000 peak for two years, says Binance boss

Detta inlägg post publicerades ursprungligen på denna sida this site ; Bitcoin could stay below $69,000 peak for two years, says Binance boss Changpeng Zhao says people would have been happy with current $20,000 value four years ago Bitcoin could Läs mer…

Why bitcoin is reviving fossil fuel plants – video

Detta inlägg post publicerades ursprungligen på denna sida this site ; Bitcoin requires vast amounts of electricity to facilitate its transactions around the globe. More than twice the energy usage per year of Apple, Facebook, Google, Microsoft and Amazon combined. Läs mer…

Cryptocurrency ‘bloodbath’ threatens multibillion-dollar hedge fund

Detta inlägg post publicerades ursprungligen på denna sida this site ; Cryptocurrency ‘bloodbath’ threatens multibillion-dollar hedge fund Three Arrows Capital founder takes to Twitter to assuage fears after 25% drop in price of bitcoin in a single day The “bloodbath” Läs mer…

Crypto exchanges Coinbase and BlockFi lay off hundreds of staff

Detta inlägg post publicerades ursprungligen på denna sida this site ; Crypto exchanges Coinbase and BlockFi lay off hundreds of staff Employees hit by cryptocurrency crash as bitcoin price has plummeted in recent weeks Crypto exchanges Coinbase and BlockFi are Läs mer…

Crypto lender Celsius halts withdrawals due to ‘extreme market conditions’

Detta inlägg post publicerades ursprungligen på denna sida this site ; Crypto lender Celsius halts withdrawals due to ‘extreme market conditions’ Transfers also ‘paused’ between Celsius accounts as value of digital asset market slips below $1tn The cryptocurrency lending platform Läs mer…

As energy prices soar, the bitcoin miners may have struck fool’s gold | John Naughton

Detta inlägg post publicerades ursprungligen på denna sida this site ; As energy prices soar, the bitcoin miners may find they have struck fool’s gold John Naughton The rising price of electricity and the plunging value of the cryptocurrency could Läs mer…

Crypto has crashed – can it bounce back?

Detta inlägg post publicerades ursprungligen på denna sida this site ; Crypto has crashed – can it bounce back? Plummeting prices and lost life savings confirmed for many that the blockchain dream was too good to be true – and Läs mer…

FBI sets sights on crypto economy with arrest of former OpenSea staffer

Detta inlägg post publicerades ursprungligen på denna sida this site ; FBI sets sights on crypto economy with arrest of former OpenSea staffer Ex-employee of the NFT marketplace, Nathaniel Chastain, charged with wire fraud and money laundering An ex-employee of Läs mer…

TechScape: They used my identity to flog a doomed cryptocurrency – and then things got weird

Detta inlägg post publicerades ursprungligen på denna sida this site ; TechScape: They used my identity to flog a doomed cryptocurrency – and then things got weird In this week’s newsletter: When I was sent DMs asking for advice about Läs mer…