The Federal Reserve announced in June that the supply system for coins had been severely disrupted by the pandemic.
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.
While governments and central banks have pumped liquidity into the global economy to support a recovery, no measures have been as aggressive as those taken by the U.S.
A Virginia Chick-fil-A is offering customers food vouchers in exchange for coins to avoid going cashless amid a nationwide coin shortage due to the coronavirus pandemic.
Apple co-founder Steve Wozniack is suing Google and YouTube for leaving up Bitcoin scams and profiting from ads on fraudulent videos.
The Federal Reserve has seen a significant decline of coins in circulation because people are not spending them as regularly at businesses, many of which are either temporarily closed or not accepting cash.
The U.S. dollar is set to weaken further as investors focus on the economic recovery following the sharpest economic contraction of the post-World War II era.
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.
Local businesses across Tenino, Washington, accept the 'wooden dollars.'
The idea has been floated by some advisers to President Trump as a way to punish Beijing for passing a Hong Kong national security law that circumvented the “One Country, Two Systems” governing principle agreed to as part of the 1998 handover by Great Britain.
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.
No existing currency can contend with the U.S. dollar as the world's reserve currency, according to Marc Chandler, chief market strategist at Bannockburn Global Forex