But the more devastating impacts of pedal-to-the-metal digital capitalism fall on the environment and global poor. The manufacture of some of our computers and smartphones still uses networks of slave labor. These practices are so deeply entrenched that...
Bitcoin fell below $6,000 on Thursday. According to cryptocurrency trader Ran Neu-Ner, it's likely to go even lower. "There's more blood to come," Neu-Ner, who is host of CNBC Africa's "Crypto Trader," said Thursday on "Fast Money." ...
Bitcoin, which fell below $6,000 on Friday for the first time since February, reached an all time high of around $19,500 last December. That's a decline of nearly 70 percent. And it's not just...
Despite bitcoin plunging last month, Goldman Sachs-backed start-up Circle had a big uptick in hedge funds and other big league investors joining its digital currency trading platform. In response, the company is making "Circle Trade" automated, so investors...
The price of bitcoin may sink even lower, cryptocurrency trader Ran Neu-Ner says. "We keep going down, and we're testing new lows," Neu-Ner said Monday of the cryptocurrency market on CNBC's "Fast Money." "Sixty-two-fifty...
It's unlikely someone could successfully "mine" bitcoin on an iPhone or iPad alone because of the amount of energy and computing power it takes. But Apple's move could pre-emptively stop future, less energy-intensive digital currencies from being mined...
The town has access to clean and cheaper power alternatives like hydroelectric and wind. Leary pointed out that each computer used to "mine" generates 1400 watts — the same as one hairdryer. With hundreds of thousands of these...
Cryptocurrency investor Brian Kelly said Monday bitcoin cash is the must-own digital currency of the moment. On Saturday, bitcoin cash miners met to discuss funding for a bitcoin cash development fund, he told CNBC. In...
Earlier in May, Texas regulators sent a warning letter to U.K.- based BTCrush saying it was violating securities laws and misleading investors through its marketing. The company published videos showing the interior and workings of what it said...
Fintech company Circle is looking make a better, faster, digital version of the U.S. dollar. The Goldman Sachs-backed start-up announced a new cryptocurrency pegged to the dollar and a $110 million investment round led by profitable crypto-mining company Bitmain,...
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