Tag Archives: Bitcoin News

There’s alcohol, cigarettes, gambling, and all kinds of dangerous things out there that one can get addicted to. According to a string of therapists, crypto should be added to this list. Therapists Are Dealing with a Lot of Crypto Patients Therapists are commenting on the high number of digital currency investors they’re seeing now come into their offices for assistance. It appears their love of crypto has gone too far. They spend all day buying and selling digital...

Charlie Munger – the vice president of Berkshire Hathaway, the real estate company headed by Warren Buffett – is a billionaire investor. He knows a lot about money and how to make it. At the same time, he is also 98 years of age, which doesn’t necessarily put him at the top of the “bitcoin geniuses” list. Charlie Munger Hates Bitcoin To be fair to Munger, he’s an incredibly accomplished person. He has assisted in the building of a billion-dollar real estate company that...

It can be argued that El Salvador wants to become a completely sovereign nation. This is potentially why the country is looking to get rid of fiat and become so dependent on bitcoin. It wants to be completely independent and not have to rely on any other region. El Salvador Wants to Be in Charge of Itself Thus, it makes sense that Nayib Bukele – the president of El Salvador – doesn’t want a bunch of U.S. senators and politicians sticking their big noses into his bitcoin...

ConocoPhillips – one of the biggest producers of oil and gas in the world – is entering the crypto mining space. The company announced early last week that it is heading a bitcoin mining pilot project in what’s known as the Bakken, a region in North Dakota popular amongst new producers of energy in the U.S. ConocoPhillips Has Found a Way to Put Excess Oil to Use A spokesperson for the company explained that ConocoPhillips is not operating the project itself. Rather, it’s...

Mastercard is expanding its crypto department. The credit card giant announced early in the week that it’s looking to help companies around the world better understand the growing digital currency industry and will hire as many as 500 individuals in the coming year to facilitate its ongoing crypto projects. Mastercard Is Building Its Crypto Services Mastercard is seeking to lend itself out as a consultant of sorts to businesses and enterprises everywhere looking to set...

Justin Trudeau – the cowardly prime minister of Canada who ran and fled the country when truckers and other citizens refused to accept his tyranny – is invoking emergency powers as a means of stopping the trucker freedom convoy from being able to accept cryptocurrency donations. Canada Seeks to Stop BTC Donations for Truckers Canada – much like the United States and several other nations around the world – has worked hard to instill unconstitutional vaccine mandates...

The Union of European Football Associations (UEFA) has become the latest enterprise to partner with a crypto company. UEFA is now working with Socios.com to establish a new token to be utilized purely by fans of the sport. UEFA Takes Flak for Its Crypto Goals The good news is that moves like these tend to cement the crypto space and bring the industry’s goals closer to mainstream territory, but interestingly, not everyone is happy about the partnership. Many are accusing...

It’s a real problem getting your crypto account hacked, but if it contains the funds you’re going to use to retire, well… Then the situation becomes even bigger, and for several customers of IRA Financial Trust – a firm that allows its clients to invest their retirement funds in digital assets – this truth is hitting home right about now. IRA Financial Trust Sees a Lot of Money Disappear IRA Financial Trust has recently had about $36 million in client-owned digital funds...

The CEO of SoFi Technologies Anthony Noto says that while cryptocurrencies are indeed risky assets, any business that doesn’t invest now is going to miss the boat. Anthony Noto Says Businesses Need to Get Involved in Crypto In a recent interview, Noto revealed that his family office has spent the last year or so investing in mainstream digital currencies like bitcoin and Ethereum. He commented: We’re invested in cryptocurrency. We own bitcoin, we own Ethereum, we own...

Blockchain analysis firm Chainalysis has published a new report suggesting that cybercriminals stationed in Russia have made off with approximately $400 million in stolen digital currency funds. Cybercrime in Russia Is Booming Chainalysis says that much of this money was garnered through extortion and ransomware attacks. The news plays on the idea that crypto crime has grown heavily in recent years, with the blockchain firm stating in recent documents that billions of...