Cryptocurrency

Cryptocurrency is a type of digital currency that relies on cryptography and blockchain technology to enable users to send and receive the currency without a trusted third party. The most popular cryptocurrency out there, Bitcoin, works by having numerous computers running a complex math puzzle in order to verify blocks (hence: blockchain) which contain all the new transactions made on the network. Once they do, they get bitcoins as reward, making it lucrative for them to power the network. Since it takes vast computational power to beat all of these computers at math, this makes Bitcoin secure from attackers who would want to falsify transactions. Besides Bitcoin, there are numerous other cryptocurrencies, each with a different goal. Best known among them is Ethereum, which uses similar basic principles as Bitcoin in order to power a network for decentralized applications.

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Australian computer scientist Craig Wright arrives at the High Court in London on February 5, 2024.
, A visual representation of the digital cryptocurrency Bitcoin is displayed in front of Securities and Exchange Commission (SEC) logo.

More Cryptocurrency

Bitcoin price spikes then plummets after hacked SEC Twitter/X account spreads fake news
The seal of the U.S. Securities and Exchange Commission is being displayed on a smartphone, with Bitcoin visible on the screen in the background.

Binance CEO Changpeng Zhao pleads guilty to money laundering violation, steps down
Binance and its now former CEO Changpeng Zhao


How to keep your bitcoin safe from hackers with Trezor Safe 3
Trezor Safe 3

Sam Bankman-Fried didn't fool everyone — just the tech elite: 5 high-profile figures that believed him
Sam Bankman-Fried

NFT partygoers blame Bored Ape Yacht Club event for loss of vision
Bored Ape Yacht Club


Fake Bitcoin ETF news pumps price to $30,000
Bitcoin logo

Mila Kunis' 'Stoner Cats' NFT company charged by SEC
Mila Kunis

NFT creator agrees to pay $6.1 million settlement in first-of-its-kind SEC case
NFT sign

What is Friend.tech, the viral crypto social media app?
Friend.tech homepage

Crypto bot network powered by ChatGPT uncovered on X
X logo on mobile device


Tokens delisted, exchange closed following SEC crypto lawsuits
Robinhood crypto


Binance under investigation for possibly skirting sanctions against Russia
Binance logo



Twitter replaces logo with doge as Musk seeks Dogecoin lawsuit dismissal
illustration of elon musk wearing a blue beak mask

Crypto fugitive Do Kwon reportedly arrested in Montenegro
Do Kwon

Bannon ally Guo Wengui busted for crypto fraud. GETTR funds seized.
Guo Wengui and Steve Bannon

Crypto and other online scams took over $10 billion from victims in 2022
Online scammers

It's over for NFTs on Instagram and Facebook
Facebook Instagram apps

Biden addresses nation as tech VCs fear monger over Silicon Valley Bank’s collapse
President Joe Biden

Silicon Valley Bank explained: How crypto is being affected.
Sillicon Valley Bank

Top US crypto bank Silvergate has gone into liquidation
Silvergate logo displayed on a phone screen, surrounded by coins representing cryptocurrencies.
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