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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...

Kim Kardashian Cryptocurrency Ad Criticized by Financial Watchdog

Charles Randall, the head of the United Kingdom's Financial Conduct Authority, has spoken out against Kim Kardashian's Instagram ad for a cryptocurrency known as Ethereum Max. Randall claims that the Armenian-American celebrity is potentially leading her 250 million followers into...

El Salvador Makes History by Adopting Bitcoin as Legal Tender

El Salvador on Tuesday became the first country in the world to accept bitcoin as legal tender, despite international concerns of risks to consumers. Twenty years after it adopted the US dollar as its national currency, El Salvador becomes a...

The Disastrous Environmental Impact of Bitcoin and Cryptocurrency

While the benefits and disadvantages of bitcoin and other cryptocurrencies have long been debated, their impact on the environment has only just begun to be discussed. Some argue that they are shady and untraceable, and others dismiss them as a...

Donald Trump Calls Bitcoin a “Disaster Waiting to Happen”

Former President Donald Trump argued that bitcoin and other cryptocurrencies are  "potentially a disaster waiting to happen" during an appearance on Fox Business. When asked if he himself has invested in Bitcoin, Trump stated that he "likes the currency of...

John Paulson: Cryptocurrency Will “Eventually Prove to be Worthless”

John Paulson, a billionaire who made his money investing in hedge funds and who predicted the huge housing crash in 2008, says all cryptocurrency, like bitcoin, is inherently "worthless" and "will go to zero." The investor, who was one of...

Massive Protests Erupt in El Salvador Against Bitcoin as Legal Tender

El Salvador is less than two weeks away from making the cryptocurrency Bitcoin one of its official currencies, the other being the United States dollar. This unprecedented move will make El Salvador the first country in the world to...

Ethereum Takes a Big Risk–and a Big Step Forward– by Going Green

Ethereum--the biggest presence in cryptocurrency behind Bitcoin-- has announced it will be cleaning up its carbon footprint and going green. Ethereum is a decentralized, open source blockchain that uses the token Ether for transactions on its platform. The Ethereum...

Price of Bitcoin Shoots Above $50,000 for First Time Since May

The value of Bitcoin has shot above $50,000, taking it to its highest level since May of this year. The cryptocurrency reached $50,419 on Monday morning, according to CoinMarketCap’s price index, amid a market-wide resurgence. Ethereum (ether), Cardano (ada) and...

Missouri Mayor Wants to Give Every Resident $1,000 in Bitcoin

The mayor of Cool Valley, a city in the U.S. state of Missouri, is raising funds in order to give up to $1,000 in bitcoin to all residents in his city. However, Jayson Stewart says he does not want them...