Bitcoin heist proves crypto is not anonymous: Ophelia Snyder
21Shares AG co-founder discusses the next frontier in financial technology on 'The Claman Countdown.'
Bitcoin case: Meet the couple who allegedly scammed $4.5B in crypto
The couple who allegedly stole $4.5B worth of bitcoin, Ilya Lichtenstein and Heather Morgan, also known as the ‘Crocodile of Wall Street’ were arrested by the Feds.
People 'overstate' crypto investment importance and 'understate' its currency: Expert
Cipperman Compliance Services founding principal Todd Cipperman says the SEC will likely regulate cryptocurrencies to create 'safer, less volatile' market.
Bitcoin trades above $43,000 Wednesday morning
Bitcoin gave up recent gains Wednesday morning after rising in five of the last six days.
Popstar Ne-Yo going all-in on NFTs with LUM partnership: 'It's the future'
Singer-songwriter Ne-Yo and LUM CEO Max Fergus join 'The Claman Countdown' to break down how their contribution to the NFT space is connecting fan and artist.
Will the world ever go back to old school banking?
Fiserv president and CEO Frank Bisignano discusses the transformation of digital banking on 'The Claman Countdown.'
Popstar Ne-Yo goes all-in on NFTs: 'It's the future'
Grammy Award-winning recording artist Ne-Yo and LÜM CEO Max Fergus share details on their partnership and contribution to the NFT market.
Feds seize $3.6B in stolen Bitcoin, arrest NYC couple in DOJ's largest crypto bust to date
Federal authorities seized $3.6 million in stolen Bitcoin and arrested a couple in Manhattan Tuesday in what’s considered the Justice Department’s largest financial cryptocurrency bust to date.
Bitwise Bitcoin ETF not dead yet
One Bitcoin ETF hopeful may get a lifeline from the SEC.
Gasparino: Investors plan for White House crypto report
FOX Business senior correspondent Charlie Gasparino provides insight to the landmark Ripple case on 'The Claman Countdown.'
Biden admin thinks 'regulation is the answer' to crypto: Gregory Zerzan
Former Acting Assistant Treasury Secretary Gregory Zerzan argues the Biden administration 'seems to view cryptocurrency as an existential threat to the dollar primacy' and thinks the 'way to address that threat is through increased regulation.'
Crypto higher early Monday after slight moves on Sunday
Cryptocurrency prices are higher early Monday morning after only slight moves on Sunday.
Bengals, Rams and Bitcoin: Crypto ads invade the Super Bowl
Who will dominate Super Bowl LVI? Madison Avenue’s money is on crypto.
Barstool's Portnoy makes $1M Bitcoin investment, says it's 'here to stay'
Barstool Sports founder Dave Portnoy, who admitted to once being skeptical of Bitcoin, discussed the future of the cryptocurrency amid its recent slide, noting that he believes the crypto is “here to stay.”
Cryptocurrencies higher across the board early Friday morning
Bitcoin, Ethereum and Dogecoin were all higher early Friday morning as cryptocurrencies were following the U.S. stock market lead.
Jump Trading replaces stolen Wormhole funds after $320M crypto hack
The cryptocurrency arm of Jump Trading said on Thursday it had restored more than $320 million to crypto platform Wormhole after the decentralized finance site was hit with one of the largest crypto heists on record.
Volatility is here to stay in the crypto market: Crypto expert
IDX Digital Assets CIO Ben McMillan discusses his outlook for cryptocurrency in 2022 and what to expect for stablecoin regulation.
Cryptocurrencies turn downward early Thursday morning
Cryptocurrency prices were down from earlier highs Thursday morning.
Disney launches search for NFT manager
Disney has a hot job listing for a key player who can marry cryptocurrency with the entertainment giant's media assets.
Cryptocurrencies are the 'new frontier': Expert
JMP Securities Director of Financial Technology Research and Head of Business Development Devin Ryan says crypto has the power to solve the world's blockchain and tech problems.
Cryptocurrency FAQs
What is Cryptocurrency?
Cryptocurrency, or crypto, is a form of digital asset that is secured by cryptography and the blockchain. The most notable example of a cryptocurrency is bitcoin, though thousands of other similar assets exist. Cryptocurrencies are regarded by many as the money tech of the future due to their accessibility and un-censorable nature.
How do cryptocurrencies work?
Cryptocurrency networks, or blockchains, are independently verified by a matrix of computers that record all transactions and ensure a consensus throughout the chain. This means that all network information is recorded immutably and permanently; transactions cannot be prevented, blocked, or changed. Network participants can thus trust each other and transact without the need for a centralized intermediary.
How can I buy a cryptocurrency?
There are many markets for cryptocurrencies where you can exchange USD for the cryptocurrency of your choice. These include centralized exchanges and services such as Coinbase and PayPal, or decentralized alternatives like UniSwap where you can swap between crypto-assets. To use a centralized exchange, you’ll need to submit personal information such as your passport or driver’s license. Note that the price of digital assets can change rapidly, so timing your purchases well is essential.
Where can I keep my crypto coins?
Cryptocurrencies can usually be held with the exchange or business you bought them from. However, as these exchanges can be hacked, it is advisable to move your assets to your own personal wallet. These wallets are more secure and can be accessed from your laptop, phone, or other mobile devices.
What can I buy with crypto?
Real work adoption of crypto is still ongoing. However, more businesses are accepting crypto and you can buy goods and services as diverse as real estate, stocks, travel, gambling, websites, and much more. This trend should continue over time as cryptocurrencies become better known, accepted and trusted.
Pros and cons of investing in a cryptocurrency
You may have read the news that crypto has broken all-time highs recently. This is the main advantage, that we are early in the asset’s history and prices have generally gone rapidly upwards. However, you should be aware that volatility is significant and you can similarly lose money quickly if your timing is poor. Security is also a major issue and you must ensure you secure your crypto and transactions well or you could become a victim of theft or fraud.