Amid strained demand for renewable energy, Iceland is halting power to the Bitcoin mining industry.
Category Archives: Business
Colombia’s Largest Bank Taps Gemini to Offer Bitcoin, Ethereum Trading to Clients
A limited number of Bancolombia customers will soon be able to buy crypto from their bank accounts as part of a one-year pilot.
OpenSea IPO Hints Prompt Criticism From Crypto Users Expecting a Token
The leading NFT marketplace plans to go public, drawing backlash from collectors who want an OpenSea token drop instead.
OpenSea Hires New CFO From Lyft, Plans IPO
Brian Roberts says he wants to raise more funds for OpenSea’s booming NFT marketplace. He also has plans to take it public with an IPO.
Mining Bitcoin With Volcanoes ‘Still Costs More Than Oil’: El Salvadoran Ecologist
An ecologist in El Salvador has questioned the country’s plan to mine Bitcoin using geothermal energy from volcanoes.
‘One of the Most Transformative Moments in Our Lives’: Why TIME Is Betting Big on Crypto and NFTs
Between launching NFTs, holding crypto, and educating readers, the century-old media brand is looking forward.
Bitcoin Market Dominance Sinks Over Weekend As Ethereum's Grows
The market cap dominance of the biggest cryptocurrency dipped as low as 38.32% this weekend.
This Week on Crypto Twitter: Dorsey Resigns, Musk Trolls, Ben McKenzie Becomes No-coiner
Jack Dorsey’s departure from Twitter prompted speculation on the future of Twitter and Square with regards to crypto. And then crypto crashed.
Bitcoin Users Have Bigger Worries in the Infra Bill Than 'Broker' Rules: Tax Experts
According to the recently signed $1.2 trillion infrastructure package, users won’t be able to use crypto to pay for anything over $10,000 without providing tax information.
Coinbase Votes in Favor of Another Ethereum Name Service Airdrop
Crypto exchange Coinbase has voted in favor of another retroactive airdrop of Ethereum Name Service (ENS) tokens to even more users.
Chile's Bitcoin Bill and the 'Digital Peso': What You Need to Know
Lawmakers in Chile are currently working towards recognizing Bitcoin as a legal means of payment, while others are pushing for the development of a central bank digital currency.