bitcoin
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...
Economy
Price of Bitcoin Drops to Nearly Two-Year Low
The price of bitcoin has fallen significantly this month with the value of the cryptocurrency reaching a 22-month low on Monday.
Bitcoin's price has now dropped to $32,338.60 (30,627.89 euros) as of Monday evening, a slump which amounts to the...
Business
The Bitcoin Experiment that Made MIT Students Rich
In 2014, MIT students Jeremy Rubin and Dan Elitzer conducted an experiment where they gave any interested MIT student $100 worth of Bitcoin worth roughly $300 a coin at the time. The $100 worth of bitcoin those lucky students...
Crime
Greek Student Arrested in Las Vegas on $500,000 Bitcoin Scam Charges
A Greek student appeared in a Las Vegas court on Wednesday accused of stealing up to $500,000 in bitcoin from a novice cryptocurrency trader in Las Vegas.
Filippos Liakounakos, 23, a Miami college student, researched the backgrounds of multimillionaires in...
Business
Ukraine Raises Millions in Cryptocurrencies From Donors
Ukraine has raised $15 million through thousands of donations in cryptocurrencies since the start of the Russian invasion, cryptocurrency analysts said on Saturday.
Researchers at Elliptic, a blockchain analysis company, say that the Ukrainian government, NGOs and volunteer groups have...
Business
US Couple Who Laundered $4.5 Billion in Bitcoin Arrested
A Manhattan couple has been arrested by the FBI after attempting to launder 119,754 stolen Bitcoin.
Ilya Lichtenstein, 34, and Heather Morgan, 31, are accused of attempting to launder the Bitcoin after it was stolen by a hacker through more...
Business
Why is Elon Musk Challenging McDonald’s?
Elon Musk took to Twitter on Tuesday to try to convince fast-food chain McDonald's to accept Dogecoin as a form of payment.
The world's richest man told the world's most recognizable fast-food chain he would "eat a happy meal on...
Business
US Markets Stabilize After Weekend Crash
The United States' financial markets stabilized on Monday after suffering their worst crash since 2020 last week.
The markets pulled themselves back up amidst global turmoil surrounding the potential invasion of Ukraine and the introduction of a stricter Federal Reserve...
Greek News
Bitcoin Plunges to Six-Month Low Over War Fears
The cryptocurrency Bitcoin fell precipitously to a six-month low as Ukraine war fears made markets uneasy across the world on Monday. Trading in the most well-known cryptocurrency was down 7.4%, to $33,650, its lowest level since July 24, 2021.
This...