Latest Cryptocurrency News

Coinbase soars in market debut, valued near $86 billion

Apr. 14, 2021 16:47 PM EDT

Coinbase made a rousing debut on Wall Street Wednesday, with shares of the digital currency exchange rising as high as $429, briefly giving it a market value over $100 billion. Coinbase Global Inc.‘s initial public offering happened with cryptocurrency chatter...

Eastern Caribbean dollar goes digital, a help for unbanked

Apr. 08, 2021 14:49 PM EDT

SAN JUAN, Puerto Rico (AP) — The Eastern Caribbean has created its own form of digital currency meant to help speed transactions and serve people without bank accounts. The Eastern Caribbean Central Bank said its “DCash” is the first such blockchain-based currency...

Sports cards have gone virtual, and in a big way

Mar. 31, 2021 12:02 PM EDT

SILVER SPRING, Md. (AP) — Maybe the Luka Doncic rookie basketball card that recently sold at auction for a record $4.6 million was a bit rich for your blood. Perhaps you’d be interested in a more affordable alternative — say, a virtual card of the Dallas Mavericks forward currently...

How two friends made art history buying a $70M digital work

Mar. 26, 2021 12:11 PM EDT

It took a few minutes for Vignesh Sundaresan and Anand Venkateswaran to realize that they'd parted with $69.3 million for a digital artwork stored in a JPEG file, coincidentally securing their place in art history. “We weren’t sure we won,” said Venkateswaran,...

Q&A: Artist Beeple on selling NFT collage for a record $70M

Mar. 26, 2021 00:12 AM EDT

LONDON (AP) — When digital artist Beeple put an NFT digital artwork up for auction this month, he became instantly famous when it sold for almost $70 million. The record sale also sparked huge interest in digital certificates of authenticity based on cryptocurrency technology that are...

Twitter CEO Jack Dorsey sells NFT of first tweet for $2.9M

Mar. 22, 2021 20:20 PM EDT

SAN FRANCISCO (AP) — Twitter CEO Jack Dorsey has sold a digital version of his first tweet for more than $2.9 million more than two weeks after he announced a digital auction for the post. The tweet from March 2006, which says “just setting up my twttr,” was bought...

Fed's Powell: Public should understand risks of Bitcoin

Mar. 22, 2021 14:08 PM EDT

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Monday that the U.S. public needs to understand the risks behind Bitcoin and other cryptocurrencies, even as the central bank itself is studying the potential costs and benefits of a digital dollar. Powell said...

Editorial Roundup: New York

Mar. 04, 2021 13:35 PM EST

Albany Times Union. February 27, 2021. Editorial: A misguided push for tests THE ISSUE: The federal government insists on standardized school tests. THE STAKES: In the midst of a...

Storey County passes resolution against Innovation Zones

Mar. 02, 2021 21:15 PM EST

CARSON CITY, Nev. (AP) — The rural Nevada county where a blockchain technology firm wants to form a jurisdiction with governmental powers passed a resolution against ceding control over local decision-making but left the door open to working with the company on its bid to build a futuristic...

Berlin man convicted over threat to blow up British hospital

Feb. 26, 2021 10:46 AM EST

BERLIN (AP) — A 33-year-old Italian man was convicted Friday of attempted extortion for threatening to blow up a British National Health Service hospital unless he was paid off with 10 million pounds ($13.2 million) in crypto currency. Defendant Emil A., a resident of...