Bitcoin

Bitcoin is a cryptocurrency. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.

UK Data Regulator Probes Worldcoin Launch
UK Data Regulator Probes Worldcoin Launch
July 25, 2023  |  Cryptocurrency

The United Kingdom’s data regulator is reportedly investigating OpenAI CEO Sam Altman’s Worldcoin. “We note the launch of Worldcoin in the U.K. and will be...

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Bitcoin Falls to Lowest Level in a Month
Bitcoin Falls to Lowest Level in a Month
July 24, 2023  |  Cryptocurrency

Bitcoin dropped to its lowest level in over a month Monday (July 24). The price of bitcoin fell sharply and suddenly at the start of...

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Crypto Custody Race Continues Amid Regulatory Uncertainty
Crypto Custody Race Continues Amid Regulatory Uncertainty
July 24, 2023  |  Cryptocurrency

Developments surrounding custody services in the digital asset market are continuing on Wall Street, even amid regulatory uncertainty. For example, Nasdaq last week announced the halting of...

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Worldcoin or World Con? Sam Altman’s Newest Venture Draws Skepticism
Worldcoin or World Con? Sam Altman’s Newest Venture Draws Skepticism
July 24, 2023  |  Cryptocurrency

If a technology service is free, you are the product — not the customer. As OpenAI CEO Sam Altman officially launches his cryptocurrency project, Worldcoin,...

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Coinbase Begins Closing Borrow to Prioritize Other Offerings
Coinbase Begins Closing Borrow to Prioritize Other Offerings
July 21, 2023  |  Cryptocurrency

Coinbase has begun closing Borrow, which allowed customers to borrow using bitcoin as collateral. The firm said in a Thursday (July 20) message on its...

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Hackers Using ‘Supply Chain Attacks’ to Access Multiple Targets
Hackers Using ‘Supply Chain Attacks’ to Access Multiple Targets
July 20, 2023  |  Security & Fraud

Hackers are increasingly employing “supply chain attacks” that give them access to multiple targets. In these hacks, cybercriminals compromise software or service providers to steal...

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Ripple SEC Case Makes Waves With Landmark Crypto Precedent
Ripple SEC Case Makes Waves With Landmark Crypto Precedent
July 13, 2023  |  Cryptocurrency

The duality of digital assets got a stamp of approval from a federal judge Thursday (July 13). Cryptocurrency company Ripple defeated many crucial elements of a U.S. Securities and Exchange...

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Circle Cuts Jobs and Reduces Investment in Non-Core Activities
Circle Cuts Jobs and Reduces Investment in Non-Core Activities
July 12, 2023  |  Economy

Circle is making a “marginal” reduction in its workforce and decreasing or ending investments in “non-core activities.” “To maintain our strong balance sheet, Circle is redoubling...

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Standard Charter Expects Bitcoin to Reach $120,000 by End of 2024
Standard Charter Expects Bitcoin to Reach $120,000 by End of 2024
July 10, 2023  |  Cryptocurrency

Standard Chartered has raised its bitcoin price predictions after seeing increased miner profitability. The bank now projects the crypto asset to reach a price $50,000...

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