The White House calls for more regulations as cryptocurrencies grow more popular
The Biden administration is calling for more oversight as the adoption of cryptocurrencies grows, saying they pose significant risks.
bitcoin
Amid the hype, they bought crypto near its peak. Now, they cope with painful losses
Many first-time investors bought Bitcoin and other cryptocurrencies as they neared all-time highs, and crypto companies spent millions on marketing. Today, they are coping with painful losses.
Tesla cashes out $936 million in Bitcoin, after a year of crypto turbulence
Tesla aggressively embraced Bitcoin in 2021, investing $1.5 billion in the currency. But it now says its profitability was affected by "Bitcoin impairment."
Cryptocurrency tech is vulnerable to tampering, a DARPA analysis finds
A new analysis commissioned by DARPA quantifies how the decentralized tech that runs the currency system could be compromised.
Why cryptocurrencies have gone from the next hot thing to a full-on meltdown
Bitcoin and other cryptocurrencies are plunging. Here's what to know about a market that just a few months ago was being touted as the future of finance.
A brutal sell-off on Wall Street continues as stocks sink for a 3rd day in a row
Stocks continue to slump on fears about inflation – and whether the Federal Reserve can bring down prices without sparking a recession.
Fidelity will start offering bitcoin as an investment option in 401(k) accounts
Fidelity said it has signed up one employer that will add the offering to its plan later this year. The U.S. government has warned the industry to exercise extreme care when offering cryptocurrencies.
El Salvador's leader wants to go in even bigger on bitcoin
After making the cryptocurrency legal tender, President Nayib Bukele plans to launch bitcoin-backed bonds to raise $1 billion for the country.
With federal rules unclear, some states carve their own path on cryptocurrencies
As cryptocurrency become more mainstream, some states are introducing legislation to standardize crypto as a form of payment.
How the U.S. benefits when China turns its back on Bitcoin
Until the middle of last year, most cryptocurrency mining took place in China. Then authorities pulled the plug. So Chinese bitcoin miners began moving their gear to U.S. towns like Kearney, Nebraska.