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.

Coinbase Diversifies Revenue Sources as Digital Asset Trading Matures
Coinbase Diversifies Revenue Sources as Digital Asset Trading Matures
May 30, 2024  |  Cryptocurrency

Digital assets have experienced a significant year, with the market moving toward mainstream adoption. This shift has resulted in a decrease in price volatility, which...

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Gemini Returning $2.1 Billion to Crypto Customers
Gemini Returning $2.1 Billion to Crypto Customers
May 29, 2024  |  Cryptocurrency

Fallen cryptocurrency lender Gemini is reportedly set to begin returning billions in frozen customer funds. The firm, owned by billionaire twin brothers Cameron and Tyler Winklevoss, announced...

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Ex-FTX Exec Ryan Salame Sentenced to 7.5 Years in Prison After September Guilty Plea
Ex-FTX Exec Ryan Salame Sentenced to 7.5 Years in Prison After September Guilty Plea
May 28, 2024  |  Cryptocurrency

The former CEO of FTX’s Bahamas subsidiary was sentenced Tuesday (May 28) to a prison term longer than the prosecutors had asked for. Ryan Salame...

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Ripio Expects Growing Adoption of Crypto Among Latin American Businesses
Ripio Expects Growing Adoption of Crypto Among Latin American Businesses
May 24, 2024  |  Cryptocurrency

Latin American cryptocurrency exchange Ripio is reportedly making payment and tokenization products for businesses a bigger part of its offerings. The company is doing so even as its retail...

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Can Crypto’s Political Tailwinds Drive True Digital Asset Utility?
Can Crypto’s Political Tailwinds Drive True Digital Asset Utility?
May 23, 2024  |  Cryptocurrency

In the Bahamas, convicted cryptocurrency criminal Sam Bankman-Fried’s one-time penthouse is up for sale. Meanwhile, in the United States, the House of Representatives passed the Financial Innovation and Technology for...

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Worldcoin Ordered to Stop Iris-Scanning Operations in Hong Kong
Worldcoin Ordered to Stop Iris-Scanning Operations in Hong Kong
May 22, 2024  |  Biometrics

Worldcoin, the eyeball-scanning digital identity startup co-founded by OpenAI CEO Sam Altman, has been ordered to cease its operations in Hong Kong. Hong Kong’s Office of the Privacy Commissioner for...

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UK Judge Rejects Computer Scientist’s Claim to Be Bitcoin Inventor
UK Judge Rejects Computer Scientist’s Claim to Be Bitcoin Inventor
May 20, 2024  |  Cryptocurrency

A judge at London’s High Court ruled Monday (May 20) that Australian computer scientist Craig Wright lied and forged documents to support his false claim of being...

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Bitcoin Tops $70K as Spot Bitcoin ETFs Draw New Investors
Bitcoin Tops $70K as Spot Bitcoin ETFs Draw New Investors
May 20, 2024  |  Cryptocurrency

Bitcoin topped $70,000 for a time on Monday. At one point, it was $3,931 higher than its previous close and 82.3% higher than its 2024...

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VC Investment in Crypto Hits $2.4 Billion After Long Decline
VC Investment in Crypto Hits $2.4 Billion After Long Decline
May 20, 2024  |  Cryptocurrency

Venture capital investment in cryptocurrency companies is reportedly increasing after nearly two years of cooling. Investment in these companies climbed to $2.4 billion during the first three...

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