The race is on to cash in on the metaverse hype. Last week, Microsoft described its $68.7 billion takeover of gaming studio Activision Blizzard—a move that would have usually been interpreted as the Xbox maker…
In the culmination of a two-year legal process, the former operator of dark web index site DeepDotWeb was handed a sentence of 97 months in prison for money laundering on Tuesday. The sentence was issued…
Graphics cards are fetching prices normally reserved for limited-run sneakers — even what you might have paid for the rest of your PC. Beyond gamers and power users, cryptocurrency mining has meant unprecedented demand. Coupled…
British entrepreneur and financier Richard O’Dell Poulden hopes that his new venture will relieve the plight of an underserved cohort: Bitcoin billionaires who want to buy a house.In October, Poulden’s Gibraltar-based company Valereum—at the time…
The International Monetary Fund’s executive board has recommended El Salvador no longer use Bitcoin as a legal tender, citing potential risks to financial stability and consumer protection. The country’s use of Bitcoin could make it…
Back in September, Robinhood announced plans to test a cryptocurrency wallet within its app. At the time, the company said it would open the beta to a small number of people before expanding availability ahead…
In a blog post published in the early hours of Thursday morning, cryptocurrency exchange Crypto.com acknowledged that the company had lost well over $30 million in Bitcoin and Ethereum after a hack that took place…
Representations of virtual cryptocurrencies are seen in this illustration taken November 28, 2021. REUTERS/Dado Ruvic/Illustration/File PhotoRussia's central bank on Thursday proposed banning the use and mining of cryptocurrencies on Russian territory, citing threats to financial stability,…
In an interview with Bloomberg TV, Crypto.com's Chief Executive Kris Marszalek has admitted that 400 customer accounts were compromised by hackers. He said his team detected unauthorized transactions made from the accounts, but that they'd…
Image: Halldor Kolbeins (Getty Images)One of the European Union’s top regulators has a new proposal for reducing cryptocurrency’s carbon footprint: ban proof of work mining. The proposed prohibition, suggested by European Securities and Markets Authority…