cryptocurrency

Bitcoin dropped below the $30,000 level late Monday, breaching a symbolic price threshold.At its lowest price point, the world's most popular cryptocurrency was more than 12% lower on the day — and more than 56% off its November all-time…

Bitcoin is a volatile asset, and has been known to swing more than 10% higher or lower in a single day.Jakub Porzycki | Nurphoto | Getty ImagesBitcoin is off nearly 55% from its November peak, and 40% of holders are now underwater on…

If the war in Ukraine and Russia's still-unfolding atrocities there didn't offer enough fodder for doomscrolling, this week supplied a new dose of domestic crisis: A leaked Supreme Court draft decision that would overturn Roe v. Wade,…

These machines, known as mining rigs, work round the clock to find new units of cryptocurrency.Benjamin Hall | CNBCSome of the biggest names in bitcoin — including Jack Dorsey, Tom Lee, and Michael Saylor — have banded together to refute…

Surprising news abounded this week as Ukrainian officials weigh next steps in their digital campaigns against Russia, given that their efforts so far have been unexpectedly successful, if sometimes controversial. Overall, Russia is being…

On a sweltering Tuesday last August, a new cryptocurrency was born. Called MiamiCoin, it was styled as a way for the crypto-savvy to support the Magic City, and maybe earn some cryptocurrency in the process. A tongue-twisting press…

Some investors may soon be able to add cryptocurrencies to their 401(k) accounts.Fidelity Investments announced Tuesday it will begin allowing investors to put cryptocurrencies such as bitcoin in 401(k) retirement accounts, making it…

Computer scientist Gavin Wood coined the term "Web 3.0" in 2014, laying out his vision for the future of the internet.The phrase, also shortened to "Web3," has become an internet buzzword recently with high-profile technologists,…

Economist Matteo Benetton, a coauthor of the paper and a professor at the Hass School of Business at the University of California, Berkeley, says that crypto mining can depress local economies. In places with fixed electricity supplies,…

A photo illustration showing the North Korean flag and a computer hacker.Budrul Chukrut | Sopa Images | Lightrocket | Getty ImagesNorth Korean state-backed hacking collective Lazarus Group is linked to a massive cryptocurrency hack that…