Iceland’s ‘Big Bitcoin Heist’ Showed How Strong the Country’s Crypto Economy Really Is

The suspected mastermind in the theft of $2 million in computers used to mine bitcoin escaped from a minimum-security prison in Iceland on Tuesday — and apparently flew out of the country on a plane carrying the country’s prime minister......»»

Last December, as bitcoin reached its highest price, Advania, Iceland’s largest data center provider, struggled under the weight of demand from foreigners desperate to tap into the country’s unique, crypto-friendly metrics. “We&#.....»»

Bitcoin experienced a 1.5% increase over the last 24 hours following the successful completion of the fourth Bitcoin (CRYPTO: BTC) halving event, signifying a notable reduction in miner rewards. read more.....»»

China's move to restrict crypto activity may have helped spark a broad selloff for digital assets. But the move, which appears aimed at bolstering the country's own digital yuan efforts, could backfire, says one analyst......»»

Target Corp beat estimates for quarterly same-store sales on Wednesday as a strong vaccination drive across the country encouraged shoppers to return to the stores and spend their stimulus checks on home goods, clothes and other items......»»

The 3iQ CoinShares Bitcoin ETF has benefited from surging interest in crypto from both retail and institutional traders. S3studio/Getty Images .....»»

The S&P 500 notched a new record as data showed the US economy near full recovery. Facebook and Apple earnings also lifted the market. Photo by: Sergi Reboredo/VW PICS/Universal Images Group via Getty Images The S&P 500 closed .....»»

Former CIA Director Destroys Yellen's "Illicit" Crypto-Use Fearmongering Narrative Authored by Steven Ehrlich via Forbes.com, Bitcoin just received a strong .....»»

The past decade’s most significant financial hacks have been a crypto heist of some kind. read more.....»»

Bitcoin's (CRYPTO: BTC) struggle to breach $60,000 has proved that the price is a crucial resistance level in the current bull run. read more.....»»

The fate of the dizzying rally in crypto assets could depend greatly on the Biden administration's regulatory stance to the burgeoning crypto economy.....»»

Applications came from big names such as Fidelity and Revolut, as well as smaller firms dotted around the country, amid a rise in i.....»»

The value of the entire crypto market is now larger than the economy of Switzerland, as Bitcoin.....»»

Bitmain remains at the center of the crypto economy. But, in China, "mining avengers" are racing to catch up......»»

Bitcoin cooled off after jumping to its highest levels in nearly two months, when it was up as much as $9,478. Yet, stakeholders say crypto interest remains strong......»»

Stocks ended with strong gains Friday, cementing a positive week, as investors appeared to take comfort in a report that a COVID-19 treatment showed promise and the White House outlined a plan to begin reopening parts of the economy. The Dow .....»»

Reuters Bitcoin prices surged more than 23% to at least $6,600 in a single day after a 30% year-to-date drop.  Investors have seen central banks worldwide pump large amounts of fiat currency into the global economy, depressing prices......»»

Turkey is set to host the first and probably most substantial blockchain event of 2020, another step to establish the country as a new frontie.....»»

Oil prices rose on Friday, hitting three-month highs after data showed record online spending by U.S. consumers, stoking faith in the world's no. 1 economy even before the hoped-for end to the trade war between Washington and Beijing......»»

Strong German exports to the United States helped Europe's largest economy to avoid a recession in the third quarter, data showed on Thursday, as companies benefited from a weaker euro and trade diversion linked to the U.S.-China tariff dispute......»»