Category: crypto
Russian c.bank proposes banning cryptocurrencies, crypto mining
Representations of virtual cryptocurrencies are seen in this illustration taken November 28, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Russia’s central bank on Thursday proposed banning the use and mining of cryptocurrencies on Russian territory, citing threats to financial stability, citizens’ wellbeing and its monetary policy sovereignty. The move is the latest in a…
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North Korean hackers said to have stolen nearly $400 million in cryptocurrency last year
North Korean hackers stole nearly $400 million worth of cryptocurrency in 2021, making it one of the most profitable years yet for cybercriminals in the severely isolated country, according to a new report. Hackers launched at least seven different attacks last year, mostly targeting corporate investments and centralized exchanges with…
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Musk says Tesla to accept dogecoin for merchandise
Representation of cryptocurrency Dogecoin is seen in this illustration taken November 29, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Tesla Inc (TSLA.O) will accept the meme-based cryptocurrency dogecoin as payment for its products such as the “Giga Texas” belt buckle and mini electric vehicle models, CEO Elon Musk said on Friday in a…
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Crypto CEO becomes one of the world’s richest billionaires
“Zhao Changpeng has become the world’s biggest cryptocurrency billionaire(Image: Bloomberg via Getty Images) A cryptocurrency CEO has become one of the richest people on the planet. Changpeng “CZ” Zhao, who manages the Binance cryptocurrency exchange, has joined the ranks of the world’s top billionaires, with an estimated net worth of…
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Elon Musk reveals who bitcoin’s creator Satoshi Nakamoto might be
Musk.MARK RALSTON/AFP via Getty Images Elon Musk seems to agree with many that hyper-secret cryptocurrency expert Nick Szabo could be Satoshi Nakamoto, the mysterious creator of the digital currency Bitcoin. “You can watch ideas evolve before Bitcoin was launched and see who wrote about those ideas,” Musk told artificial…
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IMF Head Says Central Bank Digital Currencies Are Reliable, Hard to Think of Bitcoin as Money
Digital currencies backed by central banks are the most reliable form of digital money, according to IMF managing director Kristalina Georgieva. At the same time, to think of cryptocurrencies such as bitcoin as money is difficult, believes the chief executive of the international financial institution. IMF Chief Georgieva Marks Top…
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