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The term describes the downturn in the value of bitcoin as well as the fortunes of companies that support the cryptocurrency ecosystem.
The terraUSD meltdown destroyed the nest eggs of people who had no idea what it was nor that they’d invested in it.
A bill would put the Commodity Futures Trading Commission in charge. Some consumer advocates back the Securities and Exchange Commission.
The Securities and Exchange Commission isn’t the only agency that could do it.
And companies may have good reasons not to.
The cryptocurrencies — pegged to “real” currencies that aren’t supposed to fluctuate in value — are the bedrock of the crypto economy.
A conversation with Rebecca Jennings of Vox on the growing new industry that teaches children about cryptocurrency, NFTs and Web3.
Usually the gas is burned off at the well. Environmentalists say using it for mining incentivizes more drilling.
The miners have blown through one town’s allocation of cheap power, while another has put a moratorium on new mining operations.
Marketplace Senior Economics Contributor Chris Farrell says think twice. He calls the crypto ecosystem “volatile” and “opaque.”