The Crypto Party Is Over
On Super Bowl Sunday, a Crypto.com ad featuring billionaire NBA star LeBron James lit up millions of Americans’ TVs. “If you want to make history, you gotta call your own…
The Crypto Party Is Over
On Super Bowl Sunday, a Crypto.com ad featuring billionaire NBA star LeBron James lit up millions of Americans’ TVs. “If you want to make history, you gotta call your own…
Crypto Has a Crazy Week, With Bitcoin Dropping and Celsius Freezing
Crypto was all the rage in 2021. This week, it came crashing down. The tailspin started late Sunday. One of the largest crypto lending platforms, Celsius Network LLC, unexpectedly told…
Tech Layoffs Might Ease IT Hiring Woes
Corporate technology recruiters say they see a chance to fill vacancies as layoffs and hiring freezes across the technology sector ease an historically tight market for information technology workers. Falling…
Celsius Is Crashing, and Crypto Investors Are Spooked
A few months ago, Mike Washburn’s cryptocurrency investment looked like a winner. Now he’s just hoping to get his money back. Mr. Washburn, a 35-year-old plumber in Otsego, Minn., had…
Bitcoin Price Falls Toward $20,000 as Cryptocurrency Rout Deepens
Cryptocurrencies extended their slide Wednesday, with bitcoin on the verge of falling below $20,000 for the first time since December 2020. Bitcoin’s price fell as low as $20,111 in early…
Coinbase to Lay Off 18% of Staff Amid Crypto Meltdown
Further waves of reckoning swept through the cryptocurrency industry Tuesday, with exchange company Coinbase Global Inc. saying it would cut almost a fifth of its staff and crypto lender Celsius…
Big Crypto Lender Celsius Freezes All Account Withdrawals
One of the largest crypto lenders, Celsius Network, told users Sunday night that it is pausing all withdrawals, swaps, and transfers between accounts due to “extreme market conditions.” “We are…
Luxury Brands Start to Take Cryptocurrency Payments
Online-luxury marketplace Farfetch will start accepting cryptocurrency payments, following Gucci and other upmarket brands in embracing Bitcoin and other forms of digital money in a bid to attract younger shoppers.…
New York Legislature Approves Bill to Limit Cryptocurrency Mining
ALBANY, N.Y. — New York could become the first state in the nation to curtail cryptocurrency mining after state lawmakers approved a two-year moratorium early Friday. The measure—which attracted intense…
