Bitcoin drops below $ 19,000 as crypto-meltdown intensifies
Crypto investors are struggling with aggressive interest rate hikes from the US Federal Reserve and a worsening liquidity crisis. Bloomberg | Bloomberg | Getty pictures Bitcoin...
Tagged: business news
China’s state-sponsored blockchain company launches a major overseas project
China’s Blockchain-based Service Network (BSN) is planning a major international expansion project in August. Yuichiro Chino | Moments | Getty pictures China’s state-sponsored blockchain company is...
What is staked ether (stETH) and why does it cause chaos in crypto?
Ether is the second largest cryptocurrency in the world by market value. Jaap Arriens | NurPhoto via Getty Images Another controversial cryptocurrency is causing chaos in...
Apple expands fintech ambitions in iOS 16
Apple Pay Later With permission: Apple Inc. Apple is about to become a fintech company. The company announced several new features for the iPhone’s Wallet app...
Crypto does not replace the US dollar, says Bitfury CEO Brian Brooks
Crypto-prices should be seen more on Internet stocks than currencies, said Brian Brooks, the former US acting controller of the currency under the Trump administration. The...
Fintechs postpones IPO plans, focuses on profitability in the midst of recession fears
Investments in fintech are declining as concerns about rising inflation and the prospect of higher interest rates have weakened economic sentiment. Elena Noviello | Moments |...
Officials in New York steer toward bitcoin mining power plants
ALBANY, NY – Officials in New York refused the required renewal of air permits on Thursday to a bitcoin mining power plant on the grounds that...
Snoop Dogg about crypto winter and the future of NFTs
Perhaps the most prominent celebrity figure in the Web3 era is Snoop Dogg, but for Snoop it’s nothing new to be an early adopter. In 2014,...
Hackers steal $ 100 million in crypto from Harmony’s Horizon Bridge
So-called blockchain bridges have become a major target for hackers who want to exploit vulnerabilities in a world of decentralized finance. Jakub Porzycki | NurPhoto |...
North Korea Probably Behind $ 100 Million Horizon Cryptohack: Experts
A photo illustration showing the North Korean flag and a computer hacker. Budrul Chukrut | Sweep pictures | Lightrocket | Getty pictures North Korean state-sponsored hackers...