You Searched For "crypto shutdown" and got 20 results
Sort By:
3 mins read
Here's why the unrest in Kazakhstan is wreaking havoc on crypto and commodity markets
Bitcoin mining is largely dependent on internet access, so when Kazakhstan shut it down, a large sw…
Isabelle Lee
2 mins read
China’s crypto crackdown intensifies: After Inner Mongolia, Sichuan energy regulators are probing crypto mining
Newer cryptocurrencies promise to fix this fundamental drawback of Bitcoin. But it…
1 min read
US stocks rise as lawmakers reach deal to avert a government shutdown
Stocks are on track to finish September in the red, paced by the Nasdaq Composite's decline.
Carla Mozée
3 mins read
World’s largest Bitcoin mining rig seller isn’t taking any new orders for foreseeable future
The Chinese company is the largest Bitcoin mining rig maker in the world, and has stopped spot d…
3 mins read
US regulator SEC sues five Bitconnect promoters in a $2 billion crypto trading Ponzi scheme
After three years of investigations, the US Securities and Exchange Commission (SEC) has sued fi…
1 min read
The US Treasury wants every crypto transfer larger than $10,000 to be reported to the IRS
"Cryptocurrency already poses a significant detection problem by facilitating illegal activity broa…
Matthew Fox
1 min read
China's crypto crackdown expands as a northern province announces new restrictions on mining and trading in cooperation with Beijing
"Cryptocurrency mining consumes an enormous amount of energy, which is against China's 'carbon neut…
Carla Mozée
2 mins read
China softens tone on bitcoin, calling it an 'investment alternative' after years of cracking down on crypto
"We regard bitcoin and stablecoin as crypto assets ...These are investment alternatives," Li Bo, de…
Isabelle Lee
9 mins read
NFT game Axie Infinity clocks highest-ever $1 billion in trade with its crypto-based virtual economy
Axie Infinity, a game that runs on non-fungibles tokens (NFTs), has hit an all time high in sales o…
2 mins read
Elon Musk has been criticized for his 'trolling' crypto tweets in a video claimed to have been made by Anonymous
The hacking group Anonymous appear to have issued veiled threats to the Tesla CEO, accusing him of …
Zahra Tayeb
2 mins read
Cryptocurrency markets are tanking after news of shutdown in South Korea
The news of the crackdown follows a Wall Street Journal report Monday that regulators in South Kore…
Frank Chaparro
2 mins read
Smaller cryptocurrencies are leading a comeback from the crypto bloodbath
Many of the cryptocurrencies with mid-sized market caps are posting double-digit gains on Thursday,…
Seth Archer
3 mins read
Crypto exec Michael Novogratz disagrees with billionaire investor Bill Ackman's coronavirus warning, calling it a 'panic' - but they agree people need to get back to work in 4 weeks
One area where Novogratz and Ackman agreed is that markets will suffer as long as social distancing…
Lynnley Browning
2 mins read
The crypto bloodbath is over: Here's a super-quick guide to what traders are talking about right now
Traders work on the floor of the New York Stock Exchange (NYSE) in New York CityDave Lutz, head of …
Seth Archer
2 mins read
The 'debt debasement' trade is ramping up as the US adds $1 trillion to the national debt every 100 days, Bank of America says
The US is taking out another $1 trillion in debt every 100 days, Bank of America strategists estima…
Jennifer Sor
1 min read
Dow drops 388 points as US stocks suffer worst loss since March on weak economic data
Readings on sales of new homes and consumer confidence came in below forecasts.
Filip De Mott
2 mins read
US stocks fall amid tech earnings while weak Treasury auction sends bond yields higher
Tech shares plunged Wednesday amid weak earnings and a fresh a rise in bond yields, with the 10-yea…
Matthew Fox
2 mins read
US stocks fall to cap off losing week as investors assess outlook for rates
The Federal Reserve chose not to raise interest rates this week, but policymakers' hawkish signalin…
Phil Rosen
5 mins read
Insider Today: Fed's decision day looms
The Fed is expected to pause interest-rate hikes this week, but questions remain about when the fir…
Dan DeFrancesco
2 mins read
First Republic's takeover worsens the 'too big to fail' bank problem, and taxpayers will be on the hook, Elizabeth Warren says
Warren, who sits on the Senate Banking Committee, said in a tweet that "ultimately taxpayers will b…