money

  • Hacker Breaks ATMs Using Only a Handy Mobile Phone

    Hacker Breaks ATMs Using Only a Handy Mobile Phone

    Dell Cameron

    ATM hacking is nothing new. Like any human-designed system, they’re bound to contain a flaw or two, or simply fail with time against faster, better technologies. Unlike most hardware, though, ATMs seem to occupy a special place in the imaginations of people who derive sick pleasure from watching supposedly impregnable devices get splayed wide open…

  • City Sinking Into Sea Welcomes Bitcoin Miners

    City Sinking Into Sea Welcomes Bitcoin Miners

    Molly Taft

    Miami is scheming for ways to become the U.S. bitcoin capital. Mayor Francis Suarez told CNBC last week that his city would welcome bitcoin miners with open arms, as China picks up its nationwide crackdown on miners. What’s more, Suarez also said that the city was looking into lowering energy prices to further entice miners,…

  • El Salvador Becomes First Country to Recognise Bitcoin as Currency

    El Salvador Becomes First Country to Recognise Bitcoin as Currency

    Matt Novak

    El Salvador has become the first country in the world to recognise the cryptocurrency bitcoin as legal currency, according to President Nayib Bukele in a tweet on Wednesday. Citizens will be able to pay taxes in bitcoin and, perhaps most importantly for bitcoin diehards, bitcoin won’t be subject to capital gains taxes in El Salvador.