Cryptocurrency executives to be questioned in Congress. Tolkien estate blocks JRR Token crypto-currency. Indian government set to ban cryptocurrencies. Crypto US constitution bidder refunds hit by high fees. 'Piracy' website offers NFT art as free downloads. La amenaza que puede destruir Bitcoin y todas las criptomonedas. Bank of England takes next steps in digital money plan. Revealed: The Cryptoqueen's £13.5m London penthouse. Squid Game crypto token collapses in apparent scam. Bitcoin: Bank deputy calls for urgent crypto regulation.
Making digital currency interoperable. Imagine splitting the check with your friends, when everyone at the table is using a different type of money — some using a central bank digital currency (or CBDC) like Sweden’s eKrona, and others preferring a private stablecoin like USDC.
How about sending $500 in USDC to a friend in London, and having those funds automatically converted to digital British pounds before they arrive in her CBDC wallet. Now imagine all this happening in real-time, across multiple networks, and compatible with multiple digital wallets. In the not-too-distant future, this very well may be a reality. But getting there will take solving one key problem: cross-chain interoperability.
Mr Goxx, the crypto-trading hamster beating human investors. Bitcoin mining producing tonnes of waste. Why China's bitcoin miners are moving to Texas. Thief milks CREAM Finance for $18m+ in cryptocurrency after spotting security... CREAM Finance, a decentralized loan platform, lost at least $18m in cryptocurrency on Monday to an unidentified thief.
The biz's name stands for Crypto Rules Everything Around Me, which evidently overstates the lending operation's control over its funds. "CREAM v1 market on Ethereum has suffered an exploit, resulting in a loss of 418,311,571 in AMP and 1,308.09 in ETH, by way of reentrancy on the Amp token contract," the company said via Twitter, adding that it had blocked the exploit by pausing supply and borrow contracts for the AMP token. Currently, those values translate to about $23m in AMP and $4.4m in ETH but prices have been fluctuating. PeckShield, a security firm that has been looking into the incident, estimated the theft at $18.8m. Taiwan-based CREAM Finance, not to be confused with Latvia-based Cream Finance, offers loans. Twelve-year-old boy makes £290,000 from whale NFTs. The real victims of mass crypto-hacks that keep happening.
Hackers steal nearly $100m in Japan crypto heist. The fiendish new trick cyber-criminals are using to evade capture. Crypto hacker offered reward after $600m heist. Hackers steal $600m in major cryptocurrency heist. A US company has turned a former coal plant into a gas-fired Bitcoin mine. The unexpected NFT gold rush. Cambridge Bitcoin Electricity Consumption Index (CBECI) Cambridge data shows Bitcoin mining on the move. Binance: Financial watchdog FCA bans crypto-currency exchange. Africrypt brothers deny involvement in Bitcoin 'heist' Bitcoin tumbles below $30,000 on China crypto-crackdown. China tells banks to stop supporting cryptocurrency.
Web founder Berners-Lee to auction source code as NFT. How cow poo is powering crypto mining. Ethereum crypto will soon be 99.95% more environmentally friendly — here's how. Editor's note The information on this page should not be used as investment advice.
Tom's Guide can not tell you whether you should invest in a particular cryptocurrency, or in the market as a whole. Crypto prices can go down as well as up and you could get back less than you put in. Ethereum (ETH) is set to slash its energy consumption by 99.95% within months as it makes the transition to a new infrastructure model. The world's second biggest cryptocurrency currently has a carbon footprint comparable to that of Sri Lanka, but according to a blog post from the project, the shift to Ethereum 2.0 will dramatically reduce its energy needs. Donald Trump calls Bitcoin 'a scam against the dollar' Charlie Bit Me NFT sale: Brothers to pay for university with auction money. Buying a pink NFT cat was a crypto nightmare.
NatWest launches 'urgent' cryptocurrency scam alert. Iran bans cryptocurrency mining for four months after blackouts. 'Irresponsible' London Underground Bitcoin advert banned. Bitcoin Mining Council to report renewable energy usage. Charlie Bit My Finger video to be auctioned as an NFT. Wells Fargo: US bank set to offer crypto fund to rich clients. Bitcoin falls further as China cracks down on crypto-currencies. Victim of 'Elon Musk' Bitcoin scam loses home deposit.
Tesla will no longer accept bitcoin over climate concerns, says Musk. Cryptocurrency: Musk's SpaceX to launch dogecoin moon mission. Vebitcoin: Turkey arrests four people after cryptocurrency collapses. Jack Dorsey and Elon Musk agree on bitcoin's green credentials. Crypto firm Coinbase valued at more than oil giant BP. Study says bitcoin could derail China's climate change targets.