Early adopters thought cryptocurrencies would be free from prying eyes. But tracking the flow of funds has become a big business.
Category: Bitcoin (Currency)
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Bitcoin Price Continues Rally, Gaining More Than 80% This Year
The cryptocurrency extended its gains after another big jump on Tuesday, topping $30,000 for the first time since June.
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The Real-World Costs of the Digital Race for Bitcoin
Bitcoin mines cash in on electricity — by devouring it, selling it, even turning it off — and they cause immense pollution. In many cases, the public pays a price.
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Has Bitcoin Benefited From the Banking Crisis? Not in the Way Its Fans Hoped.
The New York Times – Business:Bitcoin’s price has soared since banks failed this month, but there’s little evidence that the surge is being driven by investors treating the virtual currency as a financial alternative.
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Bitcoin Price Stages a Comeback, Hitting Six-Month High
The New York Times – Business:The cryptocurrency has soared to a six-month high as investors eagerly jump back into risky digital assets.
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Bitcoin Price Rallies to Recoup Losses Since FTX Collapse
The New York Times – Business:Investors have pushed the cryptocurrency above $21,000, and other digital tokens have risen as well.
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In Hunt for FTX Assets, Lawyers Locate Billions in Cash and Crypto
The New York Times – Business:Lawyers for FTX have identified cash and digital assets that would go toward repaying customers and lenders of the collapsed exchange.
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Crypto Meltdown? Scandals Fail to Shake the Faith of Crypto Executives.
The New York Times – Business:Despite trillions of dollars of losses, a batch of bankruptcies and one very high profile arrest, blockchain’s devotees remain devoted.
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The Crypto Industry Struggles for a Way Forward After FTX Collapse
The New York Times – Business:The implosion of the exchange FTX shows how an industry built in the wake of the 2008 financial crisis has drifted far from its original ideals.