The Fed is investigating whether a central bank digital currency (CBDC) would be safe and efficient for widespread use
The hackers used bitcoin because the cryptocurrency is supposed to be hard to track, but federal investigators say they were able to track the hackers down through bitcoin's decentralized public ledger.
Apple co-founder Steve Wozniack is suing Google and YouTube for leaving up Bitcoin scams and profiting from ads on fraudulent videos.
Although it hasn’t found success as a mainstream, transactional currency, it is increasingly used in scams. Purporting to be former President Obama, Bill Gates and Kanye West, hackers steered Twitter followers to send $1,000 in bitcoin, promising $2,000 in return. They drew more than $100,000 before the scam was shut down.
Bitcoin lost to fraud is nearly impossible to recover because its blockchain is "permissionless."
Before a hacking campaign tore through Twitter and compromised some of its most high-profile users, an ad went up on a gray market site that facilitates the trade of user accounts for popular websites, including not only Twitter but Netflix, Instagram, Minecraft and others.
The White House has been in "constant contact" with Twitter over the past 18 hours to ensure the president's account is secure, according to Press Secretary Kayleigh McEnany.
Twitter hackers posing as Barack Obama, Bill Gates, Jeff Bezos and others collected more than $110,000 worth of bitcoin on Wednesday.
The hacked accounts sent out tweets soliciting the public to send bitcoin to a specific address.
A number of prominent Twitter accounts appeared to be hacked Wednesday as they sent out messages seeking donations in Bitcoin.
The scheme drew at least $5.6 million from 2,400 investors.
More soccer clubs are entering the world of blockchain with blockchain-based fan tokens as a way to raise money and enhance fan engagement.
The film explores how the twins bounced back from their legal battle over Facebook.
The halving could happen as soon as Monday or Tuesday
Halving occurs every four years and reduces the amount of bitcoin mined in each transaction by 50 percent.
Bitcoin hit $9,996 a coin on Friday, its highest since February.
As Bitcoin does better than both U.S. and world stocks during the coronavirus pandemic, investors are ascribing its performance to the chance of quick returns as the stimulus measures wash into markets.
Bitcoin is a cryptocurrency, or a type of digital currency.
Their legal battle became known all over the world once it hit the big screen in "The Social Network."
Big brands like Microsoft and Whole Foods have crypto capacity.