Crypto billionaire urges clarity on industry regulation
Cryptocurrency billionaire Brock Pierce weighed in on the need for "sensible regulation" following recent events, including the "implosion" of stablecoins.
Ice Cube: ‘Worst day in cryptocurrency history’ caused BIG3 NFT re-launch
Rapper, actor and BIG3 founder Ice Cube says the basketball league had to push back its initial NFT minting due to ‘the worst day in cryptocurrency history’ on Mother’s Day.
Crypto legislation introduced to create regulatory framework for digital assets
Bitcoin Foundation Chairman Brock Pierce weighs in on the new legislation and argues that 'sensible regulation' is needed.
Ice Cube ‘reimagines’ BIG3 ownership with new NFT, ‘Forever Experience Action Token’
Rapper, actor and BIG3 founder Ice Cube details the upcoming release of the basketball league’s FEAT NFT, giving fans ownership and exclusive access to teams starting June 10.
Crypto billionaire on proposed 'sensible regulation'
Bitcoin Foundation Chairman Brock Pierce argues crypto is at the forefront of experiencing 'pains,' but that it will result in living in a more secure future.
Sen. Lummis details framework for cryptocurrency regulation bill
Sen. Cynthia Lummis, R- Wyo., discusses how she teamed up with Sen. Gillibrand to create a regulatory framework for cryptocurrency.
Crypto falls amid new bipartisan regulation bill
Domain Money CEO Adam Dell weighs in on the bipartisan cryptocurrency bill on ‘Cavuto: Coast to Coast.’
Crypto mining could fix Texas power problems in ‘nanoseconds’: Blockchain exec
Bitcoin miners have been trying to help the state with its power problems amid a heat wave, shutting down when the grid needs support, a blockchain executive noted.
Crypto network designed to incentivize use of green energy: Industry exec
Hong Fang, CEO of crypto exchange Okcoin, weighs in on Bitcoin miners helping with Texas power problems and discusses volatility in cryptocurrency markets.
Bitcoin miners aim to help with Texas power problems
FOX Business' Susan Li reports from Texas during a heat wave and speaks with Chief Commercial Officer at Riot Blockchain Chad Harris about how the unlikely source can help.
Crypto’s 'trial of the century': Ripple case could be decided over just a few words from former SEC official
At the heart of the Securities and Exchange Commission's case is a contention that XRP was being sold by Ripple and its top executives as an illegal and unregistered security.
Crypto regulation ‘good step forward’ in industry: Expert
Domain Money founder and CEO Adam Dell discusses cryptocurrency regulation on 'Mornings with Maria.'
Crypto billionaire: Financial markets have been ‘hit hard’
Bitcoin Foundation Chairman Brock Pierce provides insight how inflation has impacted the stock market.
Coinbase to extend hiring pause, rescind some accepted job offers
Coinbase will give impacted individuals severance and establish a talent hub that will offer job placement support, resume review, interview coaching and access to industry connections.
Why banning Bitcoin mining could be a 'mistake'
Adelle Nazarian and Rob Luna provide insight on Bitcoin and the stock market on 'Making Money.'
Crypto market has ‘more pain to come,’ expert warns
Head of Republic Crypto Andrew Durgee agrees with the Winklevoss twins' prediction that a "crypto winter is here" along with global markets.
Crypto expert predicts ‘more pain to come’ in selloff warning
Head of Republic Crypto Andrew Durgee says cryptocurrency markets will ‘follow suit’ with the downturn of traditional markets.
Crypto market selloff signals ‘maturing’ of industry: Expert
Head of Republic Crypto Andrew Durgee argues cryptocurrency markets are maturing to ‘parallel’ traditional markets and their trends.
Bitcoin ‘a hedge against inflation’: Crypto trader
'The Wolf of All Streets Podcast' host Scott Melker discusses his outlook on the stock market.
Winklevoss twins warn of ‘crypto winter’ as Gemini slashes 10% of workers
Cryptocurrency exchange Gemini is cutting its staff as the company prepares for "turbulent market conditions that are likely to persist for some time" the firm disclosed.
Cryptocurrency FAQs
What is Cryptocurrency?
Cryptocurrency, or crypto, is a form of digital asset that is secured by cryptography and the blockchain. The most notable example of a cryptocurrency is bitcoin, though thousands of other similar assets exist. Cryptocurrencies are regarded by many as the money tech of the future due to their accessibility and un-censorable nature.
How do cryptocurrencies work?
Cryptocurrency networks, or blockchains, are independently verified by a matrix of computers that record all transactions and ensure a consensus throughout the chain. This means that all network information is recorded immutably and permanently; transactions cannot be prevented, blocked, or changed. Network participants can thus trust each other and transact without the need for a centralized intermediary.
How can I buy a cryptocurrency?
There are many markets for cryptocurrencies where you can exchange USD for the cryptocurrency of your choice. These include centralized exchanges and services such as Coinbase and PayPal, or decentralized alternatives like UniSwap where you can swap between crypto-assets. To use a centralized exchange, you’ll need to submit personal information such as your passport or driver’s license. Note that the price of digital assets can change rapidly, so timing your purchases well is essential.
Where can I keep my crypto coins?
Cryptocurrencies can usually be held with the exchange or business you bought them from. However, as these exchanges can be hacked, it is advisable to move your assets to your own personal wallet. These wallets are more secure and can be accessed from your laptop, phone, or other mobile devices.
What can I buy with crypto?
Real work adoption of crypto is still ongoing. However, more businesses are accepting crypto and you can buy goods and services as diverse as real estate, stocks, travel, gambling, websites, and much more. This trend should continue over time as cryptocurrencies become better known, accepted and trusted.
Pros and cons of investing in a cryptocurrency
You may have read the news that crypto has broken all-time highs recently. This is the main advantage, that we are early in the asset’s history and prices have generally gone rapidly upwards. However, you should be aware that volatility is significant and you can similarly lose money quickly if your timing is poor. Security is also a major issue and you must ensure you secure your crypto and transactions well or you could become a victim of theft or fraud.