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Category / Bitcoin

Trump plans new sanctions on Venezuela’s ‘Petro’ cryptocurrency

Last month, the Venezuelan government launched Petro, the world’s first state-issued cryptocurrency, in hopes of boosting its struggling economy and circumventing U.S. and European sanctions. The Trump administration, however, isn’t buying into the country’s new digital currency, which has been called “snake oil” by some financial experts. SEE ALSO: Venezuela’s national cryptocurrency is officially up...CONTINUE READING

Plattsburgh, New York is the first city in the U.S. to ban cryptocurrency mining

Anyone who thought about starting a cryptocurrency mining operation in the city with the cheapest electricity in the U.S. is out of luck, at least for the next year and a half.  The city council of Plattsburgh, New York unanimously voted in favor of a 18-month moratorium on crypto-mining Thursday, Motherboard reported.  SEE ALSO: The...CONTINUE READING

Animated Bitcoin iMessage stickers are the latest sign you should sell

Every product here is independently selected by Mashable journalists. If you buy something featured, we may earn an affiliate commission which helps support our work. Investing in bitcoin is complicated, and experts and amateurs alike agree it can be difficult to know when to buy and when to sell.  But sometimes, once in a blue...CONTINUE READING

One of the world’s biggest investment firms thinks Bitcoin is worth zero

Bitcoin’s value is zero, but there’s potential in blockchain as technology, says a recent note from Allianz Global Investors (AGI), the investment arm of insurance company Allianz.  The tone of the note does not differ significantly from similar sentiments expressed by prominent investors like Charles Munger and Robert Shiller, but AGI — a company that...CONTINUE READING

Blockchain bros are taking over SXSW 2018, because of course they are

Do you know anyone in blockchain?  Ask any attendee of this year’s South by Southwest, and they’re bound to say they came across “a guy.” When my friend and I asked that question to entrepreneurs and investors at Andreessen Horowitz cocktail reception on the first Saturday of SXSW, we were told to find “Kyle.” We...CONTINUE READING

Google to ban cryptocurrency ads in June

Google will ban any cryptocurrency- or initial coin offering (ICO)-related ads starting in June, the company announced in an update to its Advertising Policies document.  According to the document, ads related to “cryptocurrencies and related content (including but not limited to initial coin offerings, cryptocurrency exchanges, cryptocurrency wallets, and cryptocurrency trading advice)” will no longer...CONTINUE READING

John Oliver launches into hilarious 25-minute cryptocurrency rant

Bitcoin has been in the news so much over the past few months that you’d be hard-pushed not to have heard about it by now. Understanding it is a different thing altogether, though. SEE ALSO: This space heater mines bitcoin while keeping your house warm Well, fear not: John Oliver’s got you covered. In the...CONTINUE READING

Dark web marketplace AlphaBay’s spokesperson was a 24-year-old Reddit mod

Moderating an online community spread across numerous platforms and countries can be a challenging task — especially when slipping up means more than angry downvotes. And Ronald L. Wheeler, III, as long-time spokesperson for and moderator of the dark web marketplace AlphaBay, is indeed now facing way more than displeased online hordes. Specifically, he’s looking...CONTINUE READING
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