Tag: Virtual 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,…

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…

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…

Kraken, a U.S. Crypto Exchange, Is Suspected of Violating Sanctions

Kraken, one of the world’s largest cryptocurrency exchanges, is under federal investigation, suspected of violating U.S. sanctions by…

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…

How Wall Street Escaped the Crypto Meltdown

Only a small subset of Goldman’s clients qualified to buy investments linked to crypto through the bank, said…

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…

Tether: The Coin That Could Wreck Crypto

Even by crypto’s often-surreal standards, Tether has a peculiar history. The company was founded in 2014 by Brock…

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…

Fight Looms Over New York’s Bid to Slow Crypto-Mining Boom

ALBANY, N.Y. — Across the nation, some states are trying to entice cryptocurrency mining companies to set up…