bitcoin
Economy
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...
Economy
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...
Crime
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...
Business
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...
Business
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?
Business
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...
Business
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...
Business
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...
Business
Crypto “Based on Nothing” Says ECB’s Lagarde in Warning to Investors
European Central Bank President Christine Lagarde said crypto-currencies are “based on nothing” and should be regulated to steer people away from speculating on them with their life savings.
In an interview on a Dutch television show, College Tour, she stated...
Business
Bitcoin and Ethereum Fall After TerraUSD Price Crash
Cryptocurrencies took a hammering on Thursday following the crash of Luna, the sister cryptocurrency of stablecoin TerraUSD, whose value tumbled dramatically on Wednesday.
The cryptocurrency Terra (Luna) has collapsed, losing more than 99 percent of its value. The coin’s value...