Cryptocurrency - Page 7

A non-fungible token (NFT) of the first tweet made by former Twitter CEO Jack Dorsey originally bought for $2.9 million has reportedly failed to hold its value, with a recent top bid for the NFT reaching just $6,800. That represents a drop in value of approximately 99.8 percent based on the original purchase price.

A recent report claims that tech giant Facebook (now known as Meta) is still planning on developing its own digital currency despite previous failures in the crypto space. Mark Zuckerberg and the Masters of the Universe are reportedly exploring the “least regulated way to offer a digital currency.”

The UK’s Royal Mint has been tasked by the Treasury Department to create an NFT in the latest move towards a cashless society.

Sen. Elizabeth Warren (D-MA) called for the United States government to create a Central Bank Digital Currency (CBDC).

Teeka Tiwari, a crypto investment expert, said the Russia-Ukraine conflict will contribute to a rise in Bitcoin’s value over time.

Cryptocurrency expert Teeka Tiwari’s PickoftheDecade.com presentation helps investors understand the revolutionary blockchain technology powering the crypto market.

President Biden issued a highly anticipated executive order on cryptocurrency earlier today. The order mentions “national security” twenty times, and stresses the importance of maintaining the dominance of the U.S. dollar.

Coinbase, one of the world’s top cryptocurrency exchanges, says it has blocked 25,000 cryptocurrency addresses linked to Russia, and released a statement saying it is “committed to complying with sanctions.”

Binance.com, the world’s largest centralized cryptocurrency exchange, has rejected calls from the Ukrainian government to blacklist Russian users, saying it would “fly in the face” of the pro-freedom values of cryptocurrency to stop ordinary users from accessing the service.

CARACAS — The socialist regime of Venezuela recently imposed a new tax on all foreign currency payments to civilians and companies. Now that the country is being held together by the once illegal and demonized U.S. dollar, the regime wants their fat slice of everyone’s money.

Bitcoin and other cryptocurrency prices plummeted after Russia attacked Ukraine on Wednesday, but have partially recovered. Bitcoin was down as much as 8 percent following Russia’s invasion, but by Thursday afternoon had recovered much of the drop.

A gunman held a hostage at the Amsterdam Apple Store demanded a ransom of €200mn in crypto before he was run over by a police car.

Hackers reportedly stole hundreds of non-fungible tokens (NFTs) from users of NFT marketplace OpenSea over the weekend, including NFTs from popular collections like Decentraland and Bored Ape Yacht Club.

Politicians in the United States and around the world condemned the Canadian government after it announced it would use anti-terrorism laws to quell a peaceful protest of its own citizens.

Cryptocurrency trading company Coinbase is attempting to reassure its customers that its platform is stable following a Super Bowl ad featuring a bouncing QR code linking to a signup page for new accounts which promptly crashed the entire website. Coinbase claims the massive response led it to “temporarily throttling our systems.”

Police are searching for two suspects who they say broke into a man’s Brooklyn home and stole what the victim says was $350,000 in watches.

A New York couple describing themselves as “serial entrepreneurs” have been arrested and charged with conspiracy to commit money laundering and to defraud the U.S. government in relation to a $4.5 billion Bitcoin heist in 2016.

A German artist hauled a 410-pound golden cube worth $11.7 million to Central Park in New York City on Wednesday.

The International Monetary Fund (IMF) on Tuesday “urged” El Salvador’s government to rescind the legal tender status it bestowed to Bitcoin, a type of cryptocurrency, in September 2021, indicating that its failure to do so could hinder El Salvador’s intention of securing a future loan from the financial institution.

Google-owned YouTube, the largest video hosting platform in the world, may potentially branch into NFTs, according to a letter sent by CEO Susan Wojcicki to the platform’s community.

According to recent reports, the Facebook-sponsored cryptocurrency project Libra appears to be shutting down.

The cryptocurrency market saw $130 billion of its value wiped out in just 24 hours as leading cryptocurrencies continue a major sell-off.

Popular cryptocurrency trading platform Crypto.com announced this week that it lost around $34 million worth of customers’ cryptocurrency in a recent hack.

A class action lawsuit is accusing Kim Kardashian and Floyd Mayweather of artificially inflating the price of the cryptocurrency “EthereumMax” and making “false or misleading statements” about the token. The cryptocurrency has crashed 97 percent since June, leading investors to accuse the team behind the token and their celebrity partners of engaging in a “pump and dump” operation.

Norton 360, one of the most popular security suites on the market, has reportedly begun installing a cryptocurrency mining program on its customers’ computers. Although the cryptominer is opt-in, the company is facing considerable backlash from customers who expect features like antivirus, not a tool to use their hardware (and electricity) in the hopes of generating digital currency.

Theft of NFTs (Non-Fungible Tokens) appears to be on the rise, with many collectors losing millions of dollars as a result. In one recent example that led to widespread mockery, an NFT investor complained “all my apes are gone,” referring to the popular “Bored Apes” and “Mutant Apes” NFTs they had invested in.

Melania Trump is previewing the second of her Non-Fungible Token (NFT) auctions, along with the auction of an original watercolor painting, and the Hervé Pierre hat worn and signed by the former First Lady during the first formal State visit of

Electronics giant Samsung plans to introduce extensive support for Non-Fungible Tokens (NFTs) starting with its 2022 lineup of TVs. The company claims that consumers will use their TVs to “browse, purchase, and display your favorite art.”

Cryptocurrency and blockchain technology reached even greater heights of popularity in 2021, but it was also the year that hackers began to take full advantage of digital cryptocurrency exchanges stealing hundreds of millions of dollars throughout the year, including a single heist that totaled an amazing $600 million in stolen crypto.

Brandon Brown, the NASCAR driver whose win at Talladega, became forever associated with the “Let’s Go, Brandon” chant, announced LGBcoin will sponsor his team.

The government of South Korea has told Google and Apple it must remove “play to earn” video games, a rapidly expanding genre driven by the booming crypto economy, from their app stores.

Iran has banned the often energy-intensive process of cryptocurrency mining to reduce strain on its national power grid during the winter months, according to reports.

An NFT drop celebrating infosec pioneers has caused anger in the crypto space due to using unauthorized portraits of the infosec experts it aimed to celebrate.

Legendary musician Brian Eno, known for his contributions to electronic music and collaborations with David Bowie, recently discussed the concept of Non Fungible Tokens (NFTs), expressing his skepticism over them and cryptocurrency in general. Speaking to an interviewer, Eno said: “People I like and trust are convinced they’re the best thing since sliced bread, so I wish I could have a more positive view, but right now, I mainly see hustlers looking for suckers.”

During an interview that aired Monday on Fox Business Network’s “Mornings with Maria,” former President Donald Trump issued a warning about the rise in cryptocurrency.

Hackers enjoyed incredible windfalls by hacking cryptocurrency exchanges in 2021. Six of these cyberattacks netted crooks more than $100 million in each theft. The largest cyberattack on a crypto platform occurred in December when hackers stole at least $200 million from Bitsmart.