Bitcoin Magazine News

Nvidia’s Ethereum Mining Chips Fall $134M Short of Q2 Earnings Projections

Midway through last quarter, the U.S.’s largest computer chip maker, Nvidia, predicted that its cryptocurrency mining products would create $400 million in revenue.  Not quite.  The line [...]

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18 August 2021 21:52

Robinhood Says 60% of Customers Traded Crypto in Q2, Pulls in $233 Million of Crypto Revenue

Robinhood cited a large growth in the popularity of cryptocurrency on its platform, reporting today that more new users bought crypto with their first trade rather than [...]

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18 August 2021 20:27

Facebook’s Crypto Wallet Is Ready for the Market, But Is the Market Ready for Novi?

Facebook Diem co-creator David Marcus announced today that Novi, Facebook’s long-gestating cryptocurrency wallet, “is ready to come to market.”  The pronouncement came at the end of a [...]

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18 August 2021 20:15

Twitter’s Jack Dorsey is Now Mining Bitcoin. Here’s How

Jack Dorsey, CEO of both Twitter and Square, has rapidly climbed the ranks of best-known Bitcoin maximalists in recent years, backing big Bitcoin-centric projects, espousing his love [...]

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18 August 2021 18:56

Bitcoin Mixer CEO Pleads Guilty to Dark Web Money Laundering

Ohio man Larry Harmon spent years running a Bitcoin mixer—a service that scrambles the origins of crypto transactions in a way that makes them hard for law [...]

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18 August 2021 17:02

Ethereum Rival Solana Has Nearly Doubled in Price in One Week

Solana’s native SOL cryptocurrency continues soaring to new heights, as it set yet another all-time high price today. SOL set a new peak price of $79.57 this morning, according [...]

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18 August 2021 16:38

These Are The Countries Adopting Crypto The Fastest: Survey

The rate of cryptocurrency adoption grew by 880% across the world over the past year, with Vietnam, India, Pakistan, and other emerging economies leading the charge, according [...]

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18 August 2021 16:12

Chainlink’s DeFi Price Oracles Now Live on Fantom Mainnet

Chainlink’s price feed oracles are now live on the Ethereum-like Fantom Network. Price oracles are decentralized systems that help decentralized finance (DeFi) platforms to receive real-world data [...]

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18 August 2021 16:01

Dutch Central Bank Warns Binance Is Operating Without a License

Binance is operating in the Netherlands without the appropriate license, according to the De Nederlandsche Bank (DNB)—the Dutch central bank.  “Binance is providing crypto services in the [...]

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18 August 2021 14:53

Exclusive: New Dogecoin Foundation Plans Liechtenstein HQ

The newly revived Dogecoin Foundation—which now numbers Elon Musk’s representative Jared Birchall and Ethereum co-founder Vitalik Buterin among its advisors—looks set to be headquartered in Liechtenstein, the [...]

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18 August 2021 14:21

What Are Central Bank Digital Currencies (CBDCs)?

Central bank digital currencies, or CBDCs, are exactly what the name suggests: they’re digital versions of a state’s fiat currency. But how does that differ from money [...]

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18 August 2021 13:46

China’s Central Bank Clamps Down on 11 Crypto Firms in Shenzhen

China has taken a decisive stand against the crypto industry in recent months. Yesterday, that continued when the Shenzhen branch of the People’s Bank of China, China’s [...]

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18 August 2021 11:08

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