Cryptocurrency
Bitcoin 2022 kicks off in Miami, crypto prices plunge, and DeFi with bitcoin: CNBC Crypto World
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, CNBC’s MacKenzie […]
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This crypto fund has outperformed bitcoin for the last five years. Here’s how
A visual representation of Bitcoin. Edward Smith | Getty Images In a space filled with venture investors and traders, a blockchain fund run by value managers thinks it can give investors greater returns than bitcoin itself. Bitcoin has been called the best performing asset of the decade by some. Off the Chain Capital, a fund […]
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World’s biggest darknet marketplace, Russia-linked Hydra Market, seized and shut down, DOJ says
U.S. Attorney General Merrick Garland speaks to the press at the Justice Department after all three defendants were found guilty of federal hate crimes for murder of a young Black man, Ahmaud Arbrey in Washington, DC, U.S., February 22, 2022. Nicholas Kamm | Reuters Hydra Market, which was considered to be the world’s largest and […]
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There’s a new way to quickly send U.S. dollars around the world with bitcoin
A visual representation of Bitcoin cryptocurrency. Edward Smith | Getty Images There’s a new and low-cost way to quickly send U.S. digital dollars around the world without a bank. And it’s built on bitcoin. Blockchain start-up Lightning Labs announced Tuesday that it’s launching the Taro protocol, a technology that will route fiat-pegged stablecoins and other […]
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Britain announces plans to mint its own NFT as it looks to ‘lead the way’ in crypto
In this photo illustration a novelty Bitcoin token is photographed on £10 notes. Matt Cardy | Getty Images LONDON — The U.K. government on Monday announced plans to mint its own non-fungible token, as part of a push toward becoming a “world leader” in the cryptocurrency space. Finance Minister Rishi Sunak has asked the Royal […]
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How Russian banks got cut out of global finance: A ‘SWIFT’ system explainer
Several Russian banks were banned from the SWIFT financial-messaging system following Russia’s full-scale invasion of Ukraine. So, what does it mean to lose access to this important part of the international economy, and are there any viable alternatives? Effective communication systems are the backbone of how the world stays connected, from mobile phones, email networks, […]
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As Wall Street banks embrace crypto, high-flying start-ups look to lure top finance talent
Wall Street has been beefing up hiring for digital asset teams. But some employees are walking away from name-brand institutions in search of more risk, and potentially, more reward. JPMorgan Chase, Morgan Stanley and Goldman Sachs are among the firms with dedicated groups for cryptocurrency and its underlying blockchain technology. JPMorgan has one of the […]
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Investing may be getting too complex for retail investors — and even professional brokers
As more cutting-edge investment products work their way into the marketplace, there’s growing fear retail investors and even professional brokers are getting in over their heads. Former SEC attorney David Gorman, who’s now a partner at Dorsey & Whitney, contends complex products designed for profits are creating unprecedented risks and U.S. regulators are taking notice. […]
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China’s biggest messaging app WeChat suspends NFT accounts
China has not released specific regulation around non-fungible tokens. But technology platforms like Tencent’s WeChat are taking a cautious approach to prevent speculation with NFTs. Sopa Images | Lightrocket | Getty Images Tencent’s WeChat has suspended some accounts associated with so-called non-fungible tokens (NFTs) and clarified the rules around these digital collectibles. NFTs are effectively […]
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One in five adults has invested in, traded or used cryptocurrency, NBC News poll shows
A Bitcoin logo inside a BitBase cryptocurrency exchange in Madrid, Spain, on Thursday, March 17, 2022. Angel Navarrete | Bloomberg | Getty Images One in five Americans has invested in, traded or used cryptocurrency, a new NBC News poll found, another sign that digital assets continue to get more popular even as lawmakers warn of […]
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