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Bankrupt Crypto Giant FTX Recovers $5 Billion of Assets

FTX Trading Ltd., the giant crypto exchange company forced to file for bankruptcy in November 2022, has reportedly located more than five billion dollars worth of assets. FTX has been in hot water since a mass exodus of its users...

US Bitcoin Miner, ‘Core Scientific,’ Is Filing for Bankruptcy

Core Scientific, one of the largest bitcoin miners registered in the US, is filing for bankruptcy. The Texas-based company filed for bankruptcy on Wednesday. The firm said that it would continue mining bitcoin whilst it works out a restructuring deal...

Bitcoin Mining is Environmentally Unsustainable, New Research Shows

The world's most controversial cryptocurrency, Bitcoin, has a climate impact greater than the production of beef and results in nearly as much environmental damage as crude oil, researchers in the United States have calculated. Research from the University of New...

Greece Sixth for Most Cryptocurrency ATMs in European Union

Even with little awareness of cryptocurrency and blockchain technology, Greece ranks sixth in terms of the number of cryptocurrency ATMs. This is out of twenty-seven European member states. There are currently sixty-four active ATMs for usage, mostly concentrated in the...

Greece Extradites Russian Money Launderer to the US

Greece extradited a Russian money launderer to the United States on Thursday where he is accused of running a multibillion-dollar cryptocurrency exchange that allegedly profited from various hacking and extortion schemes. Alexander Vinnik was put on an airplane on Thursday...

What is an NFT? How Non-Fungible Tokens Took Over Crypto

If you're an avid investor in cryptocurrency or a digital art lover, it's likely that you've heard about non-fungible tokens, commonly referred to as "NFTs." So what exactly are NFTs? Non-fungible tokens certify the ownership of a one-of-a-kind piece of...

Satoshi Nakamoto, Creator of Bitcoin: Who is Behind the Pseudonym?

"Satoshi Nakamoto" is universally credited as the founder of the now ubiquitous cryptocurrency Bitcoin, but who is Nakomoto?

Wanted Crypto Whale Ignatova Worth $500 Billion May Be in Greece

Crypto whale Ruja Ignatova, who allegedly steered one of the world’s biggest cryptocurrency frauds and is on the Federal Bureau of Investigation’s (FBI) list of its ten most wanted fugitives, may be hiding in Greece. Ignatova disappeared without a trace...

Bitcoin is Sinking but El Salvador President Tells Investors to “Enjoy Life”

The value of Bitcoin has plummeted but El Salvador President Nayib Bukele said his country's worried investors should still "enjoy life." "Patience," he instructed, "is the key." The words of reassurance came in a tweet late Saturday, shortly after the...

Bitcoin Blues: Cryptocurrency Falls to Near $20K

Bitcoin is biting it. The digital currency continued its downward spiral on Wednesday, dropping to just over $20,000 (around 19,200 euros) in intraday trading. The cryptocurrency cratered from its all-time high just seven months ago when Bitcoin stood at over $57,000...