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Stories Tagged as

Cryptocurrency

I've Always Wondered ...

What would happen if paper money became obsolete?

by Janet Nguyen
Apr 21, 2023
A large number of Americans have gone cashless, but many still have to rely on it.
Cash is still here to stay.
OZAN KOSE/AFP via Getty Images
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Despite a recent rough stretch for crypto, Wyoming still wants its business

by Will Walkey
Apr 7, 2023
Wyoming is continuing its efforts to bring cryptocurrency into the mainstream, but some are questioning whether that’s a good idea.
Caitlin Long, CEO of Custodia Bank, said that crypto has helped Wyoming diversify its economy.
Stefani Reynolds/AFP via Getty Images
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Banks in Turmoil

Has the banking crisis been a boon for crypto?

by Lily Jamali
Apr 3, 2023
Bitcoin and other digital currencies are riding a wave of momentum that started last month after tumult in the banking industry.
Bitcoin came into being after the Great Recession. Its price rallied after recent bank turmoil.
Mario Tama/Getty Images
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Federal regulators warn banks on crypto: Be careful

by Kimberly Adams
Feb 24, 2023
Three agencies aim to keep traditional banks from getting too involved in cryptocurrency, which has lost value and seen corporate meltdowns.
Although the Federal Reserve and other agencies are not imposing new regulations on cryptocurrency, their joint statement highlights liquidity risks.
Stefani Reynolds/AFP via Getty Images
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Race and Economy

Crypto marketing attracted a disproportionate number of Black investors. Here's why.

by Kimberly Adams
Feb 3, 2023
Black Americans were more likely to be involved in cryptocurrencies than white Americans, with many using crypto as their first foray into investing.
Attendees at a promotional event called “The Future of Blockchain Is Here!” in Bowie, Maryland.
Kimberly Adams/ Marketplace
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SEC suit against crypto exchanges is latest effort to regulate a largely unregulated industry

by Kimberly Adams
Jan 13, 2023
The Securities and Exchange Commission is suing Gemini Trust Company and Genesis Global Capital for selling allegedly unregistered securities.
Absent more comprehensive regulations, the Securities and Exchange Commission is enforcing laws not specifically designed for crypto.
Marco Bello/Getty Images
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Sam Bankman-Fried Trial

Crypto mining hits a (very) rough patch

by Lily Jamali
Jan 13, 2023
The fall in the price of bitcoin combined with a surge in energy prices have made this a tough year for businesses that mine crypto.
Above, fans cool servers at a bitcoin mining facility in New York. Surges in energy prices have boosted the costs associated with bictoin mining.
Geoff Robins/AFP via Getty Images
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Sam Bankman-Fried Trial

Can crypto restore its credibility?

by Lily Jamali
Dec 13, 2022
Despite a raft of prosecutions and losses to investors in the billions, some say the industry has what it takes to find its feet.
Sam Bankman-Fried in 2021. The former FTX CEO was arrested in the Bahamas on behalf of the U.S., where federal prosecutors have indicted him for fraud and conspiracy.
Alex Wong/Getty Images
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Sam Bankman-Fried Trial

As crypto chaos continues, the next generation of hires is having doubts

by Matt Levin
Nov 30, 2022
"Interest in the crypto space, generally speaking, tends to track the price of bitcoin," a UCLA professor says of his computer science students.
Soon-to-be hires are rethinking pursuing jobs at crypto companies.
Maddie Meyer/Getty Images
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FTX debacle worsens crypto's trust issues

by Matt Levin
Nov 21, 2022
The industry is trying to distance itself from the collapsed exchange. Can it?
Crypto skeptics and enthusiasts agree that the failure of crypto exchange FTX is an inflection point for the industry.
Michael M. Santiago/Getty Images
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