Tag: Bitcoin (Currency)
Sam Bankman-Fried Interview: Read the Transcript
SORKIN: How would that happen?BANKMAN-FRIED: There’ve been examples of this before in crypto history where this happened. Obviously,…
The Humbling of Coinbase
The bloat was especially severe on Coinbase’s customer-service team. New staff members often felt that they didn’t have…
The Crypto Market Crashed. They’re Still Buying Bitcoin.
“If you call out someone’s risks they’re taking, and they’re otherwise healthy, you can be accused of creating…
Cryptomining Capacity in U.S. Rivals Energy Use of Houston, Findings Show
Seven of the largest Bitcoin mining companies in the United States are set up to use nearly as…
Bitcoin Plummets Below $20,000 for First Time Since Late 2020
Square, another payments company, bought $50 million of Bitcoin and changed its name to Block, in part to…
Inside Kraken’s Culture War Stoked by Its C.E.O.
Jesse Powell, a founder and the chief executive of Kraken, one of the world’s largest cryptocurrency exchanges, recently…
Crypto Firms Quake as Prices Fall
SAN FRANCISCO — No one wanted to miss out on the cryptocurrency mania.Over the last two years, as…
All Those Celebrities Pushing Crypto Are Not So Vocal Now
In the latest commercial from the virtual currency exchange Crypto.com, titled “Bravery Is a Process,” the star basketball…
Cryptocurrencies Melt Down in a ‘Perfect Storm’ of Fear and Panic
Cryptocurrency prices also dropped precipitously. The price of Bitcoin fell as low as $26,000 on Thursday, down 60…
Bitcoin Is Increasingly Acting Like Just Another Tech Stock
SAN FRANCISCO — Bitcoin was conceived more than a decade ago as “digital gold,” a long-term store of…
Jordan Belfort, Still the Wolf, Likes Crypto Now
MIAMI BEACH, Fla. — Jordan Belfort was lounging by the pool on a sunny April morning, sipping Red…
Crypto Industry Helps Write, and Pass, Its Own Agenda in State Capitols
In July, the state ordered a dozen A.T.M. providers that sell crypto in exchange for cash — including…