Tag: Currency

Crypto ‘Mixer’ Tornado Cash Is Blacklisted by the Treasury Department

The Treasury Department on Monday prohibited Americans from using the cryptocurrency platform Tornado Cash, saying the service has…

Global Central Banks Ramp Up Inflation Fight

Central bankers around the world are lifting interest rates at an aggressive clip as rapid inflation persists and…

Euro Hits Parity With U.S. Dollar for First Time in 20 Years

Take a look: €1 = $1.With a war on the eurozone’s border, an uncertain energy supply from Russia…

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…

How Influencers Hype Crypto, Without Disclosing Their Financial Ties

Some of the projects that Mr. Armstrong promoted were small-time, experimental crypto ventures that eventually encountered problems. In…

How the Dollar Is Beating Stocks and Bonds and Hurting Big Companies

These are rocky times for most investments. But it has been a wonderful stretch for the dollar.You may…

Western Sanctions Aim to Isolate Putin by Undermining the Ruble

By targeting Russia’s central bank with sanctions, experts said, American and European leaders have taken aim at what…

Justice Dept. Seizes $3.6 Billion in Bitcoin and Arrests Married Couple

WASHINGTON — The Justice Department said on Tuesday that it had seized over $3.6 billion worth of stolen…

They Made Millions on Luna, Solana and Polygon: Crypto’s Boom Beyond Bitcoin

Brenda Gentry, 46, a cryptocurrency speculator from San Antonio, said she started buying Bitcoin in 2020 before switching…