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.

More Cryptocurrency - Page 2

FTX determines around $9 billion in customer funds are missing
FTX logo




DOJ charges tiny crypto exchange Bitzlato with money laundering after teasing 'major' crypto announcement
Bitzlato DOJ

Don't be fooled: Crypto is going up because of market manipulation
Crypto market manipulation

Sam Bankman-Fried launches a Substack to defend himself over FTX's collapse
Sam Bankman-Fried


Activision Blizzard president leaves company to lead the Bored Ape Yacht Club
Bored Ape Yacht Club

Trump Digital Trading Cards might just be the silliest NFTs of 2022
Times Square NFT billboard

Here's what went down during the FTX Congressional hearing
FTX hearing

FTX founder Sam Bankman-Fried has been arrested under criminal charges
A photograph of Sam Bankman-Fried in a suit.

The U.S. is building its case against FTX founder Sam Bankman-Fried
Sam Bankman-Fried

Jimmy Fallon, Paris Hilton, and a slew of celebrities sued over promoting Bored Ape Yacht Club NFTs
Bored Apes


Amazon orders 8-episode TV show based on FTX scandal
Sam Bankman-Fried

No, FTX didn't funnel Ukraine aid to Democratic candidates
FTX/Ukraine Conspiracy Theories


'Hacked' FTX scrambles to quarantine whatever crypto is left in it
FTX founder Sam Bankman-Fried

FTX files for bankruptcy
Sam Bankman-Fried


Binance passes on FTX bailout, FTX.com goes down
Sam Bankman-Fried

Crypto exchange FTX was valued in the billions. Now Binance plans to acquire it in a fire sale.
Sam Bankman-Fried


Chinese spies charged in Huawei obstruction case after sending Bitcoin bribes
DOJ press conference

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