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All You Needed to Know About Cryptocurrency in Greece

In the past couple of years, cryptocurrency has invaded Greece's society, mostly because of high taxation and the pandemic. While the average Greek might not know what "bitcoin" means, interest in its mining has risen significantly. In Greece, an estimated...

Crypto Value Soars After El Salvador Uses Volcanic Energy to Mine Bitcoin

The price of cryptocurrencies is soaring after El Salvador's President Nayib Bukele announced on Friday that the country is using volcanic energy to mine Bitcoin. The news came via Bukele's twitter account, where the president posted a video of a...

US Department of Treasury Blacklists Russian Crypto Exchange Suex

United States Treasury Secretary Janet Yellen announced that the Department of the Treasury will introduce sanctions against the Russian cryptocurrency exchange Suex on Wednesday. Suex has been effectively blacklisted for allegedly laundering millions on behalf of ransomware operators, fraudsters...

Why an American Think Tank Brands Bitcoin ‘a Scam’

An American think-tank called the Gravel Institute recently released a new video explaining why it believes Bitcoin is a scam akin to a Ponzi scheme. Writer and economist Doug Henwood spoke in the video explaining why he believed Bitcoin resembled...

AMC Will Begin to Accept Cryptocurrency as a Form of Payment

AMC, currently the largest movie theater chain in the world, will begin accepting Bitcoin and other forms of cryptocurrency as payment for movie screenings and concessions. The company's CEO, Adam Aron, announced the groundbreaking news on Wednesday by tweeting “Cryptocurrency enthusiasts:...

Elon Musk Tweet Causes Cryptocurrency to Go Up 1000%

Elon Musk caused a 1000% surge in the price of the Shiba Floki cryptocurrency after tweeting an image of a Shiba Inu dog, captioning it "Floki has arrived." The image is actually of Musk's newest addition to his family, a...

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...