Cryptos

Crypto Outlook at The World Economic ForumSign up to our Evening Headlines email for your daily guide to the latest newsSign up to our free US Evening Headlines emailCryptocurrency firm Genesis Global Capital is planning to file for bankruptcy as early as this week, Bloomberg reported today.The bankruptcy filing has been expected since the…

To say dog-themed cryptocurrencies are popular is a bit of an understatement—in terms of just how prevalent they’ve become ever since Tesla founder Elon Musk first tweeted about Dogecoin in 2019.The now-owner of Twitter famously said, “Dogecoin might be my fav cryptocurrency.” Years later, hundreds of dog-themed tokens are now vying for similar…

There are a lot fewer crypto bros and NFT nerds in Davos, Switzerland, for this week’s World Economic Forum, but one eye-catching visual reminder of the teetering crypto currency market remains: A bright orange Mercedes-AMG GT with a Bitcoin badge replacing the Mercedes three pointed star on the front. Cryptocurrency had a hell of a 2022; the…

New York CNN  —  The bitcoin bulls are back. After getting pummeled by losses for the better part of last year, bitcoin and other cryptocurrencies are rallying in 2023, prompting speculation that the so-called crypto winter — the digital asset world’s equivalent of a…

Cameron and Tyler Winklevoss went from being the co-originators of Facebook deceived by Mark Zuckerberg (as dramatized in the film “The Social Network”) to early crypto adopters who became "Bitcoin billionaires." Now their firm has been charged by the United States Securities and Exchange Commission (SEC).The SEC hit the twins’ cryptocurrency…

A climate tech investor has painted a bright view of the Bitcoin network, suggesting its environmental positives outweigh its negatives by a whopping 31:1 ratio.On Jan. 12, self-proclaimed philanthropist and environmentalist Daniel Batten claimed in a Twitter thread that “Bitcoin is probably the most important ESG technology of our…

The past year was a challenge across the globe. Financial markets plunged deep into the red, affecting millions, if not billions, of people worldwide. Inflation rose. For crypto, it has arguably been the worst year since Bitcoin’s (BTC) inception. It has been more of an ice age than a crypto winter​, and bad actors and weak project​s have…

In 2022 alone, North Korea, or the Democratic People’s Republic of Korea (DPRK), has reportedly stolen over $1 billion in cryptocurrency from organizations in the cryptocurrency sector via one of its primary hacking outfits—Lazarus Group. This is up from $400 million in 2021, and these heists account for a third of all losses from cyber…

Jan 10 (Reuters) - Coinbase Global Inc (COIN.O) said on Tuesday it will cut about 950 jobs, or 20% of its workforce, as part of a restructuring plan that marks the third round of layoffs for the cryptocurrency exchange since last year.The company, whose shares were up 3.3% at $39.52, said it expects to incur about $149 million to $163 million in…

Bitcoin (BTC) community members took to social media in response to the claims of Peter Zeihan, a recent guest on the Joe Rogan Experience (JRE) podcast. In a recent JRE episode, Zeihan, an American geopolitical analyst and author, claimed that crypto was always a “hot dumpster fire” and that Bitcoin has no intrinsic value. The analyst claimed…