bitcoin
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A Subaru In Australia Just Sold For Half A Million In Bitcoin
This week, someone in Australia spent around $500,000 on a car, which in itself is a completely insane thing to process. But the icing on the proverbial cake is that the Subaru’s new owner used bitcoin. Wild. To be clear, it was a 1994 Subaru Prodrive 555 Group A World Rally Championship Car. This isn’t…
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Ethereum Researcher Pleads Guilty to Advising North Korea on How to Use Crypto to Evade Sanctions
An American cryptocurrency researcher has admitted to violating U.S. law by attending a blockchain conference in North Korea in 2019, where he gave advice on how to elude U.S. sanctions.
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China Just Made Crypto Transactions Fully Illegal
After spending the past few months rounding up an untold number of crypto criminals across China, it looks like local authorities have finally had enough. The People’s Bank of China posted a terse notice on its blog on Friday morning where the financial regulator made its stance pretty clear: Any crypto-related transactions are considered “illicit…
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E-Waste From a Single Bitcoin Transaction Is Like Throwing Away Two iPhone 12 Minis
There’s no doubt that cryptocurrency in its current form is bad news for our planet. But while much attention has been paid to crypto’s carbon footprint and electrical use, its impact on e-waste hasn’t received similar scrutiny, until now.