Bitcoin has climbed 65% this year despite crypto woes. Experts explain why. Friday, May 12 by ABC News(NEW YORK) -- The cryptocurrency industry, in recent months, has suffered some blows: high-profile bankruptcies, the arrest of wunderkind Sam Bankman-Fried and a regulator lawsuit against top crypto exchange Binance.Despite it all, the price of the largest cryptocurrency, bitcoin, has surged.Bitcoin has climbed 65%... Read More.
Bitcoin operation ignites debate around the waste from coal mining in Pennsylvania Tuesday, January 25 by ABC News(PITTSBURGH) -- A once-dormant power plant is humming with activity outside Pittsburgh as thousands of miners work 24 hours a day.The miners at this site aren’t people, but supercomputers running complex math equations. The first to solve the equation is rewarded with the digital... Read More.
Sykesville woman loses $10,000 to computer virus scam Monday, December 27 by wcednewsSykesville, PA – A Sykesville woman was scammed out of $10,000 when a scam artist told her she had a virus on her computer.The 71-year-old woman got the computer virus on Dec. 21, and she was then directed to transfer $10,000 through a Bitcoin... Read More.
Statue of Bitcoin founder honors mysterious ‘god’ of cryptocurrency Friday, September 17 by ABC News(BUDAPEST, Hungary) -- Cryptocurrency enthusiasts unveiled what they say is the world's first statue of mystery-shrouded Bitcoin creator Satoshi Nakamoto, at a park in Budapest, Hungary.The expressionless, ultra-shiny bust is meant to represent "a general human figure, since we do not know the... Read More.
Bitcoin slumps to two-week low amid renewed worries of Chinese restrictions Monday, June 21 by ABC News(NEW YORK) -- The price of Bitcoin slipped to its lowest levels in weeks on Monday amid news of further clampdowns on cryptocurrency in China.As of noon ET on Monday, Bitcoin was trading at approximately $32,291, a plunge of more than 6% over the... Read More.
El Salvador becomes first nation to adopt Bitcoin as legal tender Wednesday, June 9 by ABC News(NEW YORK) -- El Salvador on Wednesday became the first nation in the world to approve the use of Bitcoin as legal tender.The so-called "Bitcoin Law" was originally proposed by President Nayib Bukele and passed the nation's legislative body with a majority of... Read More.
Cryptocurrencies including Bitcoin plunge amid China clampdown fears, fallout from Tesla’s U-turn Wednesday, May 19 by ABC News(NEW YORK) — Bitcoin, Ethereum and other major cryptocurrencies plummeted on Wednesday in a selloff linked to fears of a crackdown from regulators in China and ongoing fallout from Tesla's surprise reversal on digital currencies.Bitcoin shed nearly 30% of its value at one point... Read More.
Bitcoin plunges as Elon Musk puts environmental impact under scrutiny Thursday, May 13 by ABC News(NEW YORK) -- The price of Bitcoin nosedived after Tesla CEO Elon Musk announced his company would no longer be accepting the cryptocurrency as payment due to its ties to fossil fuels in a tweet that sparked a heated debate on the digital currency's... Read More.
“That’s the worst idea”: Mila Kunis tried to talk husband Ashton Kutcher out of investing in Bitcoin, Uber Friday, April 30 by ABC NewsWhile most know that Ashton Kutcher and Mila Kunis have been married for nearly 10 years, you may not know that Kutcher is a pretty savvy investor. In fact, he parleyed some of his acting fortune to get on the ground floor of now enormous companies like Airbnb and... Read More.
Venmo to let users buy, hold and sell cryptocurrencies including Bitcoin in its app Tuesday, April 20 by ABC News(NEW YORK) -- Venmo announced Tuesday that it will let users buy, hold and sell cryptocurrency directly in its app as digital currency goes more mainstream.The feature, rolling out starting Tuesday, will be available to the company's 70 million customers within the next few... Read More.