The decline in cryptocurrencies gained momentum Thursday as signs of a regulatory crackdown on the industry and a broader pullback from risk assets weighed on investor sentiment.
Bitcoin has shed more than half its value this year, and yet the selling may not yet be over.
The crypto world could be facing its own Y2K moment, when the Ethereum network undergoes a major software upgrade in September.
Prices of Ether and nonfungible tokens that often run on the Ethereum network have diverged sharply as investors snap up the second-largest cryptocurrency ahead of the blockchain’s highly anticipated software upgrade.
Coinbase Global Inc. posted a record $1.1 billion second-quarter loss and lower-than-expected revenue as the largest US cryptocurrency exchange was battered by tumbling digital-asset prices.
For a generation of alienated techies, crypto's all-for-one ethos was its biggest draw. Now panic is spreading across this universe — and that same ethos is posing what may be the biggest threat yet to its survival.
A closer look at the LooksRare platform that has quickly become the leading NFT marketplace by trading volume shows that most of the activity is actually users selling tokens to themselves to help earn rewards in the form of more coins.
The recent guidance provided by the U.S. Treasury Department on transaction reporting by crypto companies is shining some light on staking -- one of the least understood but hottest corners of the digital-asset world.
Bitcoin miners are facing a crucial test in the wake of the token’s 50% plunge from an all-time high. While many mining operations made a handsome profit during Bitcoin’s runup last year, the recent decline could punish those with less efficient operations.
The finger-pointing has already started after data glitches resulted in the brief display of astronomical gains for many cryptocurrencies late Tuesday.
The crypto job market in the U.S. is mirroring the decentralized ethos of the industry itself -- it’s everywhere.
The Wharton School at the University of Pennsylvania, one of the nation’s premier business schools, plan to accept cryptocurrency as tuition for its online blockchain and digital assets program.
Bitcoin’s bouncing around $50,000. DeFi is seeking to go mainstream. But all anyone in the digital-asset world wants to talk about are NFTs.
Risk is running rampant in financial markets. Stocks trade at dot-com-era valuations, the IPO pipeline is full, SPACs are back, Bitcoin’s headed toward a record. And right on cue, here come the crypto opportunists.
