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Category / Cryptocurrency

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

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

How a sketchy cryptocurrency-mining app got into the Mac App Store

Is it malware if it tells you exactly what it’s going to do and then does that very thing? That’s essentially the question facing Apple after reports broke that a program available in the Mac App Store was mining cryptocurrency on users’ computers. Although initially approved by Apple, the Calendar 2 program was pulled —...CONTINUE READING

Cryptocurrency startup wants to ‘pay’ you to watch porn, but there’s a catch

While you may be so over the wave of new cryptocurrencies popping up, one is hoping to entice you with porn.  Indeed, Vice Industry Tokens (VIT) wants to pay you for looking at porn. Of course, by pay they mean you’ll be compensated in their proprietary cryptocurrency VIT, which is based on an open-source blockchain,...CONTINUE READING

Cryptocurrency exchange puts $250,000 bounty on hackers

Binance is done playing nice.  The cryptocurrency exchange was the target of an attempted hack last week, and although the company claims that the attackers were largely unsuccessful in their efforts, they nevertheless still made someone at the exchange mad. So mad, in fact, that on Sunday, Binance announced the equivalent of a $250,000 bounty...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
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