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Crypto

Cryptocurrency Crime Soars to $14 Billion in 2021

Cryptocurrency crime hit an all-time high in 2021, with an estimated $14 million going to illegal online addresses, according to a blockchain analysis just released by Chainalysis. The amount of illegally-obtained digital currencies represented a 79% increase over the  $7.8...

WhatsApp Links Crypto Payments to Messaging for its U.S. Users

The popular messaging application WhatsApp announced on Thursday that it would be launching a cryptocurrency payment method for its U.S. users. The service makes sending and receiving money as streamlined as sending messages back and forth, integrating payments seamlessly into...

‘Omicron’ Crypto Price Rises 900% After Variant Emerges

Omicron token surged in price by over 900% on Monday after a new coronavirus variant of the same name has been discovered. The DeFi cryptocurrency, which was launched weeks before the new variant first emerged, went from $70 to...

“Squid Game” $SQUID Crypto Crashes 99.9999 Percent

The cryptocurrency based on(but not affiliated with) Netflix's mega-hit TV show "Squid Game," called $SQUID, crashed on Monday by a whopping 99.9999%. The coin experienced a dramatic drop in value first thing in the morning this week, reaching less than...

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...

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...

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, which was then worth roughly $300 a coin. The $100 worth of bitcoin those lucky students...

Crypto Market Hits $2 Trillion Market Cap as Bitcoin Surges

The market value of crypto currency rose back up to $2 trillion this weekend as Bitcoin and other cryptocurrencies continue to ascend in value. Bitcoin, XRP, Cardano, and Dogecoin all saw significant climbs this past week, with Bitcoin at...