Cryptocurrency

Cryptocurrency (363)

Post Office, 'Digital Dollar' Among Potential Fixes for Stimulus Payment Debacle: Panel

Congress took a deep dive into ways fintech might improve future economic stimulus efforts as coronavirus-related injections have been fraught with delay and recipient frustration. Proposals ranged from offering bank accounts backed by the Fed, to creating a U.S.-backed digital currency, to using the post office as a vessel for banking services.

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Institutional Digital Asset Ownership Up 5%: Survey

A new report from Fidelity shows more than one-third of corporations around the globe are now holding digital currencies. So reports the Tampa Bay Business Journal.

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2020 Could Set New Crypto Crime Benchmark: CipherTrace

Researchers anticipate that 2020 will be a record-setting year for cryptocurrency-related foul play. So reports Cointelegraph.

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China Plans Expanded Digital Yuan Experiment During Beijing Olympics

The Chinese government has launched a pilot program for its digital currency and has plans for an expanded test during the Beijing Winter Olympics in 2022. So reports Bloomberg.

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15 Year Old’s Digital Crime Spree Netted $100M in Stolen Crypto: Lawsuit

Teenager Ellis Pinsky is being sued by cryptocurrency mogul Michael Terpin for Pinsky’s alleged role in spearheading the theft of more than $23 million in cryptocurrency from him. So reports Fox Business.

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Bitcoin Price Dropped on Rumors Satoshi Nakamoto Moved Old Coins

Bitcoin prices dropped after speculation a “long-dormant” chunk of coins possibly linked to Satoshi Nakamoto, the coins alleged creator, changed hands. So reports MarketWatch.

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Crypto Mining Landscape Undergoing Changes Big and Small

The profitability, direction and potential challenges of the cryptocurrency mining industry are subjects of enormous speculation. To that end, recent developments, like a new patent related to exploring how human body activity can mine the currencies, as well as a newly filed application by a Chinese equipment manufacturer for a U.S. initial public offering (IPO), have contributed to that very discourse.

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Viral Putin Cryptocurrency Video Sparks Speculation

A viral video clip apparently shows Russian President Vladimir Putin discussing his take on cryptocurrencies, but some are questioning its authenticity. So reports the Daily Hodl.

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Crytpo Prices Surge Ahead of Halving Event

Cryptocurrency prices spiked $35 billion during a one-day stretch with major gains to Bitcoin contributing. So reports CNBC.

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Bitcoin Surge Likely to Continue: Expert

Market analyst Denis Vinokourov said Bitcoin’s price was driven up by a “perfect storm” of activity. So reports Forbes.

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