The rapid decline of China as a crypto mining powerhouse has seen the US and Kazakhstan become attractive destinations for migrant miners.
As bitcoin miners seek solutions to go green, aging nuclear plants offer what they’re looking for: cheap, carbon-free power. But how about radioactive waste?
The Bukele government believes bitcoin can provide monetary sovereignty and financial inclusion to millions. But many Salvadorians remain skeptical about the move.
Through these blockchain-enabled digital assets, artists can both maintain ownership of their work and gain royalties from sales. Is this the future of contemporary art?
The digital wallet will let users store cryptocurrencies, says David Marcus, head of Facebook’s crypto unit and will complement Diem, a digital currency the company is also developing.
A firm specialising in transferring cryptocurrency said its security was cracked in possibly the largest cryptocurrency heist in history.
The revamp, which would alter the way transactions are processed, is anticipated to go live on Thursday.
The Reserve Bank of India is considering a phased plan to implement a digital rupee, and the Central Bank of Nigeria aims to launch a digital naira pilot in October.
The Palestinian Monetary Authority is planning to examine the feasibility of a digital currency. But local economic observers are cautious about its implementation.
Rumours have been doing the rounds for days that Paraguay will follow suit after El Salvador became the first country to use cryptocurrency.
Bitcoin sells for around $28,890, a level last seen at the beginning of the year, with analysts citing Chinese efforts to curb trading and mining operations.
US Justice Department says it has recovered more than half of $4.4 million paid by Colonial Pipeline to Russia-based ransomware extortionists Darkside, who had forced shutdown of major US fuel network.
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