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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...

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...

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...

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...

Squid Game Cryptocurrency Gains over 2000% in Days

It is not a part of the official franchise, but a new cryptocurrency based on the television series "The Squid Game" is gaining rapidly on the market. The successful Korean show now has its very own brand of cryptocurrency,...

Elon Musk Crashes Shiba Cryptocurrency with Just One Tweet

A one-word Tweet from Tesla magnate Elon Musk was enough to plunge the price of cryptocurrency Shiba to new depths on Sunday. Asked how many SHIB (Shiba Inu coins) he owns, the billionaire answered with the closest thing to...

Elon Musk Posts New Photo of His Puppy and Dogecoin Surges Again

A cute photograph of Elon Musk's new Shiba Inu puppy, Floki, posted on Twitter on Monday spurred a host of Dogecoin spinoff cryptocurrency coins to rise in value. Dogecoin, which first utilized the Shiba Inu dog as its logo in...

China Decrees All Cryptocurrencies, Including Bitcoin, Illegal

China’s central bank declared all transactions involving Bitcoin and other virtual currencies illegal on Friday, stepping up a campaign to block use of unofficial digital money. Chinese banks were banned from handling cryptocurrencies in 2013, but the government issued...

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...