digital currencies
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Far-Right Leaders Are Raking In Millions From Bitcoin, New Study Shows
Even hardcore investors will likely admit that the crypto community tends to attract some pretty scummy personalities; cyber-criminals, con-artists, and Elon Musk, for starters. Now, it looks like we can add white supremacists to that list as well; a new study from the Southern Poverty Law Centre probed into the crypto transactions of some of…
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MyCryptoWallet Collapses and Leaves Bitcoin Traders Stranded: Report
MyCryptoWallet, an Australia-based cryptocurrency exchange that allowed users to buy and sell coins like ether and bitcoin, has collapsed and left users without access to funds, according to multiple reports. The company called in a firm called SV Partners on Friday to liquidate what remains of the exchange and deal with creditors, according to the…
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Miami Plans to Give Out Bitcoin in Its Quest for Crypto Utopia
Everyone in Miami’s getting free bitcoin, Miami Mayor Francis Suarez told CoinDesk TV on Thursday. The move, part of the fuzzier overall plan to become “the first Web3.0 city,” entails parsing out yields the city makes from MiamiCoin, which has already generated $US21 (A$29) million for the city.
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Bitcoin Miners Are Gobbling Up U.S. Energy
There’s a big new presence slurping up power from the U.S. grid, and it’s growing: bitcoin miners. New research shows that the U.S. has overtaken China as the top global destination for bitcoin mining and energy use is skyrocketing as a result.