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“#Oil drillers and Bitcoin miners bond over natural gas” May 21 – On US oil patches stretching along the Rockies and Great Plains, trailers hitched to trucks back up toward well pads to capture natural gas and convert it on the spot into electricity. The trailers – carrying pipes, generators and computers – are called “mining rigs.” But their owners…
“#Feds signal crackdown on cryptocurrency after volatile week” The Federal Reserve and the Treasury Department are turning up the heat on cryptocurrency, signaling a crackdown could be coming after several days of volatility in the sector. Fed chair Jerome Powell said in a rare video message posted Thursday that cryptocurrencies, which have grown to have…
“#What is Dogecoin? What you need to know about the cryptocurrency” Dogecoin, the meme-inspired cryptocurrency, may have started a joke — but now the quirky digital token has exploded into the center of the trillion-dollar crypto market. It is the 6th most valuable cryptocurrency currently, having increased by more than 1400% over the past 12…
“#Tennessee Congressman Mark Green reaps windfall on Dogecoin” A Tennessee congressman jumped into the Dogecoin craze — and reaped a windfall on the risky, canine-themed cryptocurrency, government documents show. In early April, US Rep. Mark Green (R-Tenn.) made two purchases of Dogecoin that were each worth between $1,000 and $15,000 at the time, according to…
“#Barstool’s Dave Portnoy says he’s ‘still in on crypto’ despite crash” Barstool Sports founder Dave Portnoy said Wednesday that any true believer in cryptocurrencies should be loving today’s crash because they can scoop up more coins at a discount. “I’m still in on crypto,” Portnoy said in a video posted on Twitter. “I believe buy…
“#Elon Musk impersonators stole over $2M in crypto scams: feds” Impersonators of Tesla CEO Elon Musk have stolen at least $2 million in cryptocurrency scams over the past six months, according to federal regulators. The thefts are part of so-called giveaway scams in which grifters pose as celebrities or well-known figures in the crypto world…
“#What are NFTs? Booming blockchain-based movement, explained” These aren’t your grandpa’s trading cards. NFTs, or non-fungible tokens, have taken the world by storm this year. When Christie’s auctioned off an NFT for more than $69 million in March, it propelled the concept squarely into the public spotlight — with everything from iconic sports moments to…
“#Kids from ‘Charlie Bit My Finger’ will auction video as NFT” Chaw-leeee! The stars of YouTube sensation “Charlie Bit My Finger” plan to auction off the iconic video as a non-fungible token, joining a growing legion of internet celebrities who seek to cash in on the NFT wave. The auction is set for Saturday —…
“#’$40 billion’ Robinhood app tries to vault SEC hurdles” It’s a lot of money for a stock-trading app that’s supposedly free. Robinhood is slated to launch an initial public offering before summer’s end that could value the Silicon Valley-based company at $40 billion or more, people close to the underwriting group say. That would make…
“#Crypto exchange Binance reportedly under investigation by DOJ, IRS” Binance, one of the world’s largest cryptocurrency exchanges, is under investigation by the Justice Department and Internal Revenue Service, Bloomberg News reported on Thursday, citing people with knowledge of the matter. As part of the inquiry, the officials who probe money laundering and tax offenses have…