LAGOS, Portugal — The Bam Bam Beach Bitcoin bar, on an uncrowded beach in southwestern Portugal, is the meeting place.To get there, you drive past a boat harbor, oceanside hotels […]
Virtual Currency
Trending topics and news from the Virtual Currency category
Back to news homeCan ‘the Merge’ Save Crypto?
Crypto could use a bit of good news these days. And on Wednesday, it got some.Ethereum, the most popular crypto platform, appears to have successfully upgraded its software architecture from […]
Ethereum’s Long-Awaited ‘Merge’ Reaches the Finish Line
The moment finally arrived, in the last minutes before midnight on the West Coast on Wednesday.After years of delays, discussions and frantic experimentation, the popular cryptocurrency platform Ethereum completed a […]
Celsius Network Plots a Comeback After a Crypto Crash
The collapse of the experimental cryptocurrency bank Celsius Network was one of the main drivers of this spring’s crypto crash, which erased nearly $1 trillion from the market and ruined […]
The Crypto World Can’t Wait for Ethereum’s ‘Merge’
The cryptocurrency industry has endured a terrible year. A devastating crash wiped nearly $1 trillion from the market, draining the savings of thousands of people. Several companies filed for bankruptcy.Now […]
They Lost Crypto in the Crash. They’re Trying to Get It Back.
David Little was starting to lose hope. Like thousands of other investors, he lost a large chunk of his cryptocurrency savings — which at one point accounted for more than […]
Coinbase Reports 63% Drop in Revenue Amid Crypto Industry Slump
When the cryptocurrency exchange Coinbase went public in April 2021, it was a triumphant moment for the nascent crypto industry.But the company has endured a grim 2022, grappling with a […]
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 […]
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, […]
How Wall Street Escaped the Crypto Meltdown
Only a small subset of Goldman’s clients qualified to buy investments linked to crypto through the bank, said Mary Athridge, a Goldman Sachs spokeswoman. Clients had to go through a […]