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Weeks after setting a record high, the price for Bitcoin has fallen dramatically along with other cryptocurrencies over factors ranging from inflation to, yes, Elon Musk.
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Tesla's CEO explained on Twitter that the reversal on accepting Bitcoin was prompted by concerns about the "rapidly increasing use of fossil fuels" to mine the cryptocurrency.
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From 21st century carmaker Tesla to 170-year-old life insurer MassMutual. From banks to the auction house Christie's. They have all opened their doors to cryptocurrency, bringing it to the mainstream.
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The automaker and the cryptocurrency have a lot in common: Soaring values, idealistic fans and plenty of skeptics. Now Tesla is investing in Bitcoin and plans to accept it for car purchases, too.
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The DOJ calls this "the government's largest-ever seizure of cryptocurrency in the terrorism context." It also seizes websites ISIS allegedly used to sell fake face masks during the pandemic.
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The QuadrigaCX cryptocurrency exchange says its founder and CEO, Gerald Cotten, was the only one who knew crucial passwords to access some $190 million in bitcoin and other funds.
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Bitcoin is known to be volatile. But recently it has suffered a rash of notable losses. Analysts are looking to the amount of computing power used and the split of a rival cryptocurrency for answers.
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The former Soviet nation of Georgia now consumes more power in mining cryptocurrencies than the United States. What's going on?
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January contracts for the skyrocketing digital currency opened at just under $15,500 on Sunday and had spiked to more than $18,000 hours later.
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There's very little law enforcement can do to catch purveyors of ransomware — unless they slip up. The criminals behind the WannaCry attack may have done just that.