Since the launch, shares are down more than 15%. Since January, the stock has dropped more than 47%.
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Ransomware Payments in Bitcoin and Other Crypto Hit at Least $600M in 2021: Chainalysis
In brief For now, Chainalysis estimates $602 million in ransomware payments from 2021—less than for 2020. But it expects the final number to rise substantially. Chainalysis—a blockchain data firm—has found that value stolen through crypto […]
Bitcoin, Ethereum Jump With Stocks on Jobs Report Release
Bitcoin is back above $17,000—rising with U.S. stocks as traders responded to a Labor Department report showing a rise in jobless claims, a possible sign that federal interest rate hikes could slow down. The price […]
Charlie Munger Compares Bitcoin to Child Trafficking, Likes Central Banks
Berkshire Hathaway’s Vice Chairman remains staunchly skeptical of crypto in the wake of FTX’s collapse. Having previously characterized Bitcoin as “rat poison” and a “venereal disease,” Charlie Munger now likens the most valuable cryptocurrency to […]