In Coinbase’s Rise, a Reminder: Cryptocurrencies Use Lots of Energy

The company’s stock market arrival establishes Bitcoin and other digital currencies in the traditional financial landscape. It also elevates a technology with astonishing environmental costs.

#bitcoin-currency, #blockchain-technology, #coinbase-inc, #computers-and-the-internet, #global-warming, #greenhouse-gas-emissions, #virtual-currency

0

Why Coinbase’s IPO Is a Cryptocurrency Coming-Out Party

With acceptance from traditional investors, a profitable start-up that eases transactions is offering proof of the industry’s staying power.

#armstrong-brian-1983, #banking-and-financial-institutions, #bitcoin-currency, #coinbase-inc, #computers-and-the-internet, #ethereum-foundation, #initial-public-offerings, #tesla-motors-inc, #tusk-bradley-1973, #venture-capital, #virtual-currency

0

Don’t Fear Cryptocurrencies. Manage Them.

The idea that regulation chills activity in new markets is intuitive, but not always accurate. Sometimes the opposite is true.

#bitcoin-currency, #coinbase-inc, #regulation-and-deregulation-of-industry, #united-states-politics-and-government, #virtual-currency

0

NFTs Are Shaking Up the Art World. Are They Also Fueling Climate Change?

Making the digital artworks requires colossal amounts of computing power, and that means greenhouse gases.

#art, #bitcoin-currency, #blockchain-technology, #computers-and-the-internet, #electric-light-and-power, #ethereum-foundation, #global-warming, #greenhouse-gas-emissions, #nonfungible-tokens-nfts, #winkelmann-mike-beeple

0

NFT Artwork by Sophia the Robot Sells for Nearly $700,000

An artwork that sold for nearly $700,000 was the latest in the frenzied market for digital art — and possibly the first created in part by a non-human.

#art, #bitcoin-currency, #hong-kong, #nonfungible-tokens-nfts, #robots-and-robotics

0

Coinbase Users Say Crypto Start-Up Ignored Their Pleas for Help

As Coinbase prepares to be the first major cryptocurrency company to go public, it is struggling with basic customer service, users said.

#banking-and-financial-institutions, #bitcoin-currency, #coinbase-inc, #customer-relations, #cyberattacks-and-hackers, #regulation-and-deregulation-of-industry, #suits-and-litigation-civil, #virtual-currency

0

Twitter Hacker Pleads Guilty in Florida Court

The 18-year-old is expected to serve three years in a juvenile facility in return for the plea.

#bitcoin-currency, #clark-graham-ivan, #computers-and-the-internet, #social-media, #twitter, #virtual-currency

0

From Crypto Art to Trading Cards, Investment Manias Abound

Each market frenzy seems crazier than the last. But all have the same roots.

#art, #bitcoin-currency, #coinbase-inc, #collectors-and-collections, #computers-and-the-internet, #interest-rates, #mergers-acquisitions-and-divestitures, #nonfungible-tokens-nfts, #quarantine-life-and-culture, #robinhood-financial-llc, #shoes-and-boots, #sneakers, #stocks-and-bonds, #stockx, #trading-cards, #virtual-currency

0

Bill Gates Is Worried About Bitcoin’s Carbon Footprint

It’s all about the carbon footprint.

#bitcoin-currency, #blackrock-inc, #gates-bill, #lincoln-project, #nasdaq-stock-market, #storming-of-the-us-capitol-jan-2021, #united-states-chamber-of-commerce

0

Why Bill Gates Is Worried About Bitcoin

It’s all about the carbon footprint.

#bitcoin-currency, #blackrock-inc, #gates-bill, #lincoln-project, #nasdaq-stock-market, #storming-of-the-us-capitol-jan-2021, #united-states-chamber-of-commerce

0

Bitcoin’s Climate Change Impact Is Under Scrutiny

As companies and investors increasingly say they are focused on climate and sustainability, the cryptocurrency’s huge carbon footprint could become a red flag.

#alternative-and-renewable-energy, #bitcoin-currency, #corporate-social-responsibility, #gates-bill, #greenhouse-gas-emissions

0

China Charges Ahead With a National Digital Currency

The electronic Chinese yuan is now being tested in cities such as Shenzhen, Shanghai and Beijing. No other major power is as far along with a homegrown digital currency.

#alipay, #banking-and-financial-institutions, #bitcoin-currency, #computers-and-the-internet, #currency, #innovation, #mobile-applications, #mobile-commerce-and-payments, #peoples-bank-of-china, #politics-and-government, #renminbi-currency, #virtual-currency, #wechat-mobile-app

0

Why an Animated Flying Cat With a Pop-Tart Body Sold for Almost $600,000

A fast-growing market for digital art, ephemera and media is marrying the world’s taste for collectibles with cutting-edge technology.

#andreessen-horowitz, #andreessen-marc-l, #bitcoin-currency, #collectors-and-collections, #computers-and-the-internet, #cuban-mark, #gemini-trust-co-llc, #horowitz-ben, #lohan-lindsay, #music, #prices-fares-fees-and-rates, #venture-capital, #vine-labs-inc, #virtual-currency

0

The SPAC Boom Has Some Downsides

The blank-check boom shows no signs of slowing, but there are reasons to be wary.

#ackman-william-a, #bitcoin-currency, #corporate-social-responsibility, #lobbying-and-lobbyists, #mergers-acquisitions-and-divestitures, #real-estate-commercial, #united-states-chamber-of-commerce

0

Bitcoin and Dogecoin Are Boosted by Elon Musk

Bitcoin and even Dogecoin, which began as a playful experiment, are soaring in value as billionaires, companies and celebrities promote the digital currencies.

#bitcoin-currency, #celebrities, #computers-and-the-internet, #dogecoin-project, #electric-and-hybrid-vehicles, #hedge-funds, #mobile-applications, #mobile-commerce-and-payments, #musk-elon, #snoop-dogg, #social-media, #tesla-motors-inc, #virtual-currency

0

What Can You Buy With Bitcoin?

Pornography, patio furniture and an at-home coronavirus test are among the odd assortment of goods and services people are purchasing with the cryptocurrency.

#bitcoin-currency, #shopping-and-retail

0

As Bitcoin’s Price Surges, Affluent Investors Start to Take a Look

Cryptocurrencies, originally a way to conduct business outside the financial system, are increasingly seen as an asset akin to private equity or venture capital.

#bitcoin-currency, #content-type-service, #high-net-worth-individuals, #mtgox-co-ltd, #regulation-and-deregulation-of-industry, #virtual-currency, #wills-and-estates

0

They Found a Way to Limit Big Tech’s Power: Using the Design of Bitcoin

Companies inspired by the cryptocurrency are creating social networks, storing online content and hosting websites without any central authority.

#bitcoin-currency, #blockchain-technology, #censorship, #computers-and-the-internet, #dorsey-jack, #facebook-inc, #fringe-groups-and-movements, #right-wing-extremism-and-alt-right, #social-media, #twitter, #video-recordings-downloads-and-streaming, #virtual-currency, #youtube-com

0

As Bitcoin Prices Swing, Millionaires Lose Sleep Over Lost Keys

Bitcoin owners are getting rich because the cryptocurrency has soared. But what happens when you can’t access that wealth because you forgot the password to your digital wallet?

#banking-and-financial-institutions, #bitcoin-currency, #computer-security, #computers-and-the-internet, #currency, #lost-and-found-property, #virtual-currency, #wallet-recovery-services

0

Companies That Donated to Senators Planning Election Results Challenge Face Questions

Awkward questions for the companies that donated to senators planning to challenge the 2020 election results.

#alibaba-group-holding-ltd, #ant-financial-services-group, #bitcoin-currency, #campaign-finance, #cruz-ted, #daines-steve, #hawley-josh-d-1979, #ma-jack, #marshall-roger-w-1960, #presidential-election-of-2020

0

How I Blew My Bitcoin on Sushi

In 2013, this reporter spent 10 Bitcoin, worth $1,000 at the time, on a dinner for dozens of strangers in San Francisco. The owner of the restaurant wisely held onto it.

#bitcoin-currency, #internet-archive, #personal-finances, #virtual-currency

0

Bitcoin Climbs to Record High

The crazy cousin of traditional currencies, which fell below $4,000 in March, passed $19,783. More investors now are buying it for the long term.

#banking-and-financial-institutions, #bitcoin-currency, #computers-and-the-internet, #currency, #gold, #office-of-the-comptroller-of-the-currency, #paypal, #square-inc, #virtual-currency

0

‘Tokenized’: Inside Black Workers’ Struggles at Coinbase

Coinbase, the most valuable U.S. cryptocurrency company, has faced many internal complaints about discriminatory treatment.

#armstrong-brian-1983, #bitcoin-currency, #black-lives-matter-movement, #black-people, #coinbase-inc, #computers-and-the-internet, #corporate-social-responsibility, #discrimination, #hiring-and-promotion, #minorities, #race-and-ethnicity, #start-ups, #venture-capital, #virtual-currency, #workplace-environment, #workplace-hazards-and-violations

0

Twitter Hack May Have Had Another Mastermind: A 16-Year-Old

On Tuesday, federal agents served a Massachusetts teenager with a search warrant. He appears to have played a significant role in the July 15 Twitter attack, investigators and fellow hackers said.

#bitcoin-currency, #clark-graham-ivan, #computer-security, #computers-and-the-internet, #cyberattacks-and-hackers, #frauds-and-swindling, #massachusetts, #phishing-computer-fraud, #search-and-seizure, #social-media, #twitter

0

From Minecraft Tricks to Twitter Hack: A Florida Teen’s Troubled Online Path

The teenage “mastermind” of the recent Twitter breach, who had a difficult family life, poured his energy into video games and cryptocurrency.

#bitcoin-currency, #clark-graham-ivan, #computer-and-video-games, #computers-and-the-internet, #cyberattacks-and-hackers, #frauds-and-swindling, #robberies-and-thefts, #social-media, #twitter, #video-recordings-downloads-and-streaming

0

Florida Teen Arrested in Twitter Hack

The authorities arrested a 17-year-old who they said ran a scheme that targeted the accounts of celebrities, including former President Barack Obama and Elon Musk.

#bitcoin-currency, #clark-graham-ivan, #computer-security, #computers-and-the-internet, #cyberattacks-and-hackers, #frauds-and-swindling, #social-media, #twitter

0

Hackers Tell the Story of the Twitter Attack From the Inside

Several people involved in the events that took down Twitter this week spoke with The Times. What might have been a pursuit of Bitcoin spun out of control.

#bitcoin-currency, #computers-and-the-internet, #discord-inc, #robberies-and-thefts, #social-media, #twitter, #virtual-currency

0

Twitter Struggles to Unpack a Hack Within Its Walls

Even some basic questions about how an array of Twitter’s most popular accounts were taken over remain unanswered.

#bitcoin-currency, #computer-security, #computers-and-the-internet, #cyberattacks-and-hackers, #dorsey-jack, #social-media, #twitter, #united-states-politics-and-government

0

Gates, Musk and Other Top Tech Figures Get Twitter Accounts Hacked

In a major show of force, hackers breached some of the site’s most prominent accounts, a Who’s Who of Americans in politics, entertainment and tech.

#biden-joseph-r-jr, #bitcoin-currency, #cyberattacks-and-hackers, #musk-elon, #twitter, #west-kanye

0

Disgraced Lobbyist Jack Abramoff Headed Back to Jail

Mr. Abramoff became the first person charged with violating a law that was amended in response to his previous criminal offenses.

#abramoff-jack, #bitcoin-currency, #ethics-and-official-misconduct, #law-and-legislation, #lobbying-and-lobbyists, #marijuana, #united-states-politics-and-government

0