Bitcoin

Bitcoin is a cryptocurrency. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.

DeFi Gets Defanged as Investor Doubts and Regulatory Scrutiny Grow
DeFi Gets Defanged as Investor Doubts and Regulatory Scrutiny Grow
July 25, 2023  |  Cryptocurrency

The year 2023 was supposed to be when decentralized finance (DeFi) platforms proved their value. Cryptocurrency observers predicted an ascension for the DeFi sector after...

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UK Data Regulator Probes Worldcoin Launch
UK Data Regulator Probes Worldcoin Launch
July 25, 2023  |  Cryptocurrency

The United Kingdom’s data regulator is reportedly investigating OpenAI CEO Sam Altman’s Worldcoin. “We note the launch of Worldcoin in the U.K. and will be...

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Bitcoin Falls to Lowest Level in a Month
Bitcoin Falls to Lowest Level in a Month
July 24, 2023  |  Cryptocurrency

Bitcoin dropped to its lowest level in over a month Monday (July 24). The price of bitcoin fell sharply and suddenly at the start of...

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Crypto Custody Race Continues Amid Regulatory Uncertainty
Crypto Custody Race Continues Amid Regulatory Uncertainty
July 24, 2023  |  Cryptocurrency

Developments surrounding custody services in the digital asset market are continuing on Wall Street, even amid regulatory uncertainty. For example, Nasdaq last week announced the halting of...

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Worldcoin or World Con? Sam Altman’s Newest Venture Draws Skepticism
Worldcoin or World Con? Sam Altman’s Newest Venture Draws Skepticism
July 24, 2023  |  Cryptocurrency

If a technology service is free, you are the product — not the customer. As OpenAI CEO Sam Altman officially launches his cryptocurrency project, Worldcoin,...

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Coinbase Begins Closing Borrow to Prioritize Other Offerings
Coinbase Begins Closing Borrow to Prioritize Other Offerings
July 21, 2023  |  Cryptocurrency

Coinbase has begun closing Borrow, which allowed customers to borrow using bitcoin as collateral. The firm said in a Thursday (July 20) message on its...

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Hackers Using ‘Supply Chain Attacks’ to Access Multiple Targets
Hackers Using ‘Supply Chain Attacks’ to Access Multiple Targets
July 20, 2023  |  Security & Fraud

Hackers are increasingly employing “supply chain attacks” that give them access to multiple targets. In these hacks, cybercriminals compromise software or service providers to steal...

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Ripple SEC Case Makes Waves With Landmark Crypto Precedent
Ripple SEC Case Makes Waves With Landmark Crypto Precedent
July 13, 2023  |  Cryptocurrency

The duality of digital assets got a stamp of approval from a federal judge Thursday (July 13). Cryptocurrency company Ripple defeated many crucial elements of a U.S. Securities and Exchange...

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Circle Cuts Jobs and Reduces Investment in Non-Core Activities
Circle Cuts Jobs and Reduces Investment in Non-Core Activities
July 12, 2023  |  Economy

Circle is making a “marginal” reduction in its workforce and decreasing or ending investments in “non-core activities.” “To maintain our strong balance sheet, Circle is redoubling...

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