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cryptocurrency

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...

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...

Ukraine Legalizes Cryptocurrency, Receives Many Millions in Donations

Ukraine legalized cryptocurrency on Thursday, as the country has been receiving millions of dollars in donations in cryptocurrency aimed at helping the country in the wake of the Russian invasion. Ukrainian President Volodymyr Zelensky signed the bill called "On Virtual...

Biden to Sign Cryptocurrency Executive Order in Move Toward Regulation

  US President Joe Biden is expected to sign an executive order on cryptocurrency this week, marking the first step toward regulating the digital currency. The move comes as administration officials have raised concerns about Russia’s use of cryptocurrency to evade...

Why “NFTs Are a Poverty Trap”

YouTuber Dan Olson has gone viral for a video essay where he offers a wide-ranging analysis--and takedown--of cryptocurrency and NFTs, entitled "Line Goes Up." Olson had long been established on YouTube for creating analytical but accessible videos on a number...

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...

Trump Discovers “Trumpcoin” 5 Years on and Threatens to Sue

Trumpcoin, a cryptocurrency named after Former President Donald Trump, is sparking outrage from the politician and his family. Trump's son Eric Trump aired his father's grievances with the coin on Twitter Tuesday, posting "Fraud Alert: It has come to our...

Dogecoin Surges 11% After Tesla Merch Becomes Buyable with the Coin

Dogecoin pumped 11% after Tesla CEO Elon Musk officially made the company's merch purchasable with the dog-themed cryptocurrency on Thursday. The payment options went live on the Tesla store site on Thrusday, and the value of DOGE quickly shot up...

Tesla Says it Will Accept Dogecoin for Merchandise; Doge Surges

Tesla CEO Elon Musk announced on Tuesday that Tesla will begin accepting Dogecoin as payment for some of its merchandise, causing the coin to surge by over 20%. "Tesla will make some merch buyable with Doge & see how it...

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...