Tag: Bitcoin/USD Coinbase

From $25 billion to $167 million: How a major crypto lender collapsed and dragged many investors down with it

Celsius filing for bankruptcy this week surprised virtually no one. Once a platform freezes customer assets, it's typically all over. But just because the...

Why the $2 trillion crypto market crash won’t kill the economy

Francesco Carta Fotografo | Moment | Getty ImagesCarnage in the crypto market won't let up, as token prices plummet, companies lay off employees in...

Exxon is mining bitcoin in North Dakota as part of its plan to slash emissions

A view of the Exxon Mobil refinery in Baytown, Texas.Jessica Rinaldi | ReutersExxonMobil, the top oil and gas producer in the U.S., is piloting...

Ukrainian central bank suspends electronic cash transfers, bolstering the use case for crypto

Ukraine's central bank is cracking down on digital money transfers in one of the latest measures implemented in connection with a nationwide declaration of...

These 23 year-old Texans made $4 million last year mining bitcoin off flare gas from oil drilling

Brent Whitehead and Matt Lohstroh at the Texas A&M versus Alabama football game.Matt LohstrohHOUSTON — When Brent Whitehead and Matt Lohstroh were sophomores at...

The ‘Bitcoin Family’ immigrates to Portugal for its 0% tax on cryptocurrencies

'Bitcoin Family' in Lisbon, PortugalDidi TaihuttuDidi Taihuttu, patriarch of the so-called 'Bitcoin Family,' is setting down roots in Portugal, Europe's ultimate crypto tax haven.Settling...

Sen. Ted Cruz discloses a bitcoin purchase worth up to $50,000

Sen. Ted Cruz, R-Texas, questions U.S. Capitol Police Chief J. Thomas Manger during the Senate Rules and Administration Committee hearing on "Oversight of the...

Bitcoin falls another 8% as cryptocurrencies extend steep losses

Alec Monopoly paints a bitcoin onto a mural at the North American Bitcoin Conference held at the James L Knight Center on January 18,...

Bitcoin tumbles nearly 10% as El Salvador adopts it as legal tender

The price of bitcoin fell Tuesday after breaking through $52,000 late Monday, reaching its highest level since May.The price action comes on the day...

Tweets from Elon Musk and celebrities send dogecoin to a record high

A visual representation of dogecoin and other cryptocurrencies.Yuriko Nakao | Getty ImagesLONDON — Dogecoin is surging after billionaire Elon Musk and a number of...

The Winklevoss’ bitcoin exchange is pushing into banking with a new savings product

Cameron (L) and Tyler (R) Winklevoss.Adam Jeffery | CNBC Gemini, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, is launching a savings scheme...

Robinhood restricts crypto trading ‘due to extraordinary market conditions’

Robinhood restricted trading in cryptocurrencies on Friday, as the price of bitcoin and a meme-inspired token rose sharply.Users began reporting that the trading app...

Reddit frenzy pumps up Dogecoin, a cryptocurrency started as a joke, by over 800%

In this photo illustration, visual representations of digital cryptocurrencies, Bitcoin, Litecoin, Dogecoin, Ethereum and Ripple are arranged.Yuriko Nakao | Getty Images News | Getty...

Bitcoin briefly tumbles below $30,000, falling 12% so far this week

Bitcoin prices fell sharply amid the global sell-off in equities.Luke MacGregor  | Bloomberg | Getty ImagesBitcoin briefly tumbled below $30,000 on Thursday, as the...

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