Cryptocurrency - Page 7

Hacker Who Stole $600 Million in Cryptocurrency Did It ‘for Fun’

The hacker behind the recent theft of almost $600 million in cryptocurrency from the decentralized finance platform Poly Network started that they hacked the platform “for fun.” The hacker has returned a considerable portion of the stolen crypto and the remaining balance of stolen Ethereum is being transferred back to Poly Network according to their Twitter account.

Participant hold their laptops in front of an illuminated wall at the annual Chaos Compute

Crypto 101: How to Maximize Your Rewards and Minimize Your Risks in This Decade’s Must-Have Investment

Why do some experts see cryptocurrency as this decade’s must-have investment? What exactly is crypto and how can average investors navigate the crypto market’s volatility? To get answers, Breitbart News Editor-in-Chief Alex Marlow spoke with crypto investment expert Teeka Tiwari, whose PickoftheDecade.com presentation and Palm Beach Letter provides investors with a clear explanation of the crypto market and how they can maximize their benefits from this new asset class.

Alex and Teeka

SEC Announces No Plans to Regulate Cryptocurrency in 2021

Despite recent saber-rattling on the lack of “robust oversight” over cryptocurrency by Securities and Exchange Commission (SEC) chairman Gary Gensler, the Commission has no plans to regulate cryptocurrency in 2021, according to its recently published rulemaking list.

An image of Bitcoin and US currencies is displayed on a screen as delegates listen to a pa

Elon Musk Calls for Carbon Tax

Tesla and SpaceX CEO Elon Musk has called for a new carbon tax in a recent social media post, just days after announcing that Tesla would no longer be accepting Bitcoin as payment due to environmental concerns.

Tesla's Elon Musk Smokes Weed

Morgan Wright: Pipeline Attack Shows Criminal Gangs Can ‘Bring a Nation to Its Knees’

Morgan Wright, chief security officer for the SentinelOne cybersecurity corporation and former senior adviser to the U.S. State Department Antiterrorism Assistance Program, joined SiriusXM host Alex Marlow on Wednesday’s edition of Breitbart News Daily to discuss the cyberattack that crippled the Colonial pipeline and caused fuel shortages across the eastern United States.

cyber attackers

Market Value of NFTs Crashes by Almost 70%

According to a recent report from Bloomberg, the market price of non-fungible tokens (NFTs), which rose to popularity in recent months, is now crashing. The market for NFTs is reportedly down almost 70 percent from its February peak.

NFT art gallery

Artist Who Sold an NFT for $69M Thinks NFTs are a ‘Bubble’

In a recent article, the Byte by Futurism outlines the opinions of digital artist Beeple, otherwise known as Mike Winkelmann, on the recent non-fungible token (NFT) craze after he sold his own NFT for a record-breaking $69 million. The artist called the crypto craze a “bubble” despite his massive profits.

WASHINGTON, DC - MAY 20: Newly redesigned $100 notes lay in stacks at the Bureau of Engrav

John Cleese Sells Brooklyn Bridge NFT to ‘Terminally Insane’ World

As the hype around Non-Fungible Token (NFT) art continues to grow, many are ridiculing the craze including British actor and comedian John Cleese who is now selling his own drawing of the Brooklyn Bridge as an NFT. Cleese commented on the blockchain-based NFT craze, saying “The world has gone terminally insane.”

In this handout photo, Fawlty Towers creator and co-writer, John Cleese, introduced the me

Man Offers City $70 Million to Help Him Recover Bitcoin Treasure Trove from Landfill

A British IT worker named James Howells is reportedly offering a 25 percent cut of his lost 7,500 Bitcoin fortune to the Welsh city of Newport if it allows him to excavate a landfill where he dumped the hard drive containing the Bitcoin treasure trove in 2013. The 7,500 Bitcoins are worth about $275 million at current prices, meaning the city stands to gain more than $70 million if the hard drive is found.

Plans for blockbuster cryptocurrency IPO shelved amid bitcoin slump