Posted on

The Humbling of Coinbase

The bloat was especially severe on Coinbase’s customer-service team. New staff members often felt as if they didn’t have enough to do. “I got maybe four phone calls a day […]




Posted on

The Crypto Market Crashed. They’re Still Buying Bitcoin.

“If you call out someone’s risks they’re taking, and they’re otherwise healthy, you can be accused of creating a run on the bank or being a troll,” said Michael Saylor, […]




Posted on

Crypto Crash Widens Divide Between Rich and Amateur Traders

ENGLEWOOD, Colo. — The cryptocurrency market was in ruins. But Tyler and Cameron Winklevoss were jamming.The billionaire twins, best known for their supporting role in the creation of Facebook, twirled […]




Posted on

Bitcoin Plummets Below $20,000 for First Time Since Late 2020

Square, another payments company, bought $50 million of Bitcoin and changed its name to Block, in part to signify its work with blockchain technology. Tesla bought $1.5 billion of it. […]







Posted on

All Those Celebrities Pushing Crypto Are Not So Vocal Now

In the latest commercial from the virtual currency exchange Crypto.com, titled “Bravery Is a Process,” the star basketball player Joel Embiid walks through Philadelphia while Bill Self, his former college […]




Posted on

Cryptocurrencies Melt Down in a ‘Perfect Storm’ of Fear and Panic

Cryptocurrency prices also dropped precipitously. The price of Bitcoin fell as low as $26,000 on Thursday, down 60 percent from its peak in November, before rising somewhat. Since the start […]




Posted on

Bitcoin Is Increasingly Acting Like Just Another Tech Stock

SAN FRANCISCO — Bitcoin was conceived more than a decade ago as “digital gold,” a long-term store of value that would resist broader economic trends and provide a hedge against […]




Posted on

Jordan Belfort, Still the Wolf, Likes Crypto Now

MIAMI BEACH, Fla. — Jordan Belfort was lounging by the pool on a sunny April morning, sipping Red Bull and sharing a cautionary tale. Not the usual one about his […]




Posted on

Crypto Industry Helps Write, and Pass, Its Own Agenda in State Capitols

In July, the state ordered a dozen A.T.M. providers that sell crypto in exchange for cash — including Cash Cloud, Coin Now and DigiCash — to register as money transmitters, […]