American billionaire Bill Ackman said that Terra’s collapse shared similarities with a pyramid scheme that had no underlying business.
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Elizabeth Warren Calls Texas ‘Deregulated Safe Harbor’ for Bitcoin Miners
Massachusetts Senator Elizabeth Warren and a group of six other U.S. lawmakers have requested information on the energy usage and potential environmental impact of Bitcoin mining operations in the state of Texas. In a letter […]
Enormous Multi-Sig Transaction Briefly Crashes Bitcoin’s Lightning Network
Lightning Network‘s experimental nature, a layer-2 network built on top of Bitcoin that allows for faster, low-fee transactions, is one of the reasons developers have warned users not to risk large amounts when sending and […]
Bitcoin Falls Below $20,000, Ethereum Tests $1,000
Bitcoin has fallen to a significant new low in the current bear market. On Saturday morning, Bitcoin dropped below $20,000, according to data from CoinMarketCap—a milestone seen as a crucial support level for the top […]