Bitcoin rebounds after stablecoin collapse sends cryptocurrency markets into a tailspin | business news

If you know of local business openings or closings, let us know. on here. · · · Rene and Grisellies Benique opened Coffee Ezekiel 47 at 10 S. Fifth Ave., off Fifth and Penn Avenues in West Reading. · Alter Ego Salon and Day Spa in Emmaus is holding a grand opening on Sunday, May … Read more

Higher Stocks, Elon Musk, Twitter, Bitcoin, GE – 5 Things to Know

Here are five things you should know for Friday, May 13: 1. — Stock futures rose as Powell rate calms rate betting bulls U.S. stocks rose on Friday, potentially breaking a six-day streak of losses for the Dow as investors sought an ease on market volatility amid stabilizing cryptocurrency prices and detailed commentary on rate … Read more

El Salvador buys 500 bitcoins as cryptocurrency market sell-off continues

El Salvador’s President Nayib Bukele gestures during his speech at the closing ceremony of the Latin Bitcoin conference (LaBitConf) in Mizata Beach, El Salvador, where he announced “Bitcoin City”, on November 20, 2021. Marvin Recinos | AFP | Getty Images El Salvador has just added another $15.5 million worth of bitcoin to its balance sheet … Read more

Marathon Digital Holdings Announces Bitcoin Production and

LAS VEGAS, May 4, 2022 (GLOBE NEWSWIRE) — Marathon Digital Holdings, Inc. (NASDAQ:MARA) (“Marathon” or “Company”)One of North America’s largest Bitcoin self-mining companies, today published unaudited bitcoin (“BTC”) miners production and installation updates for April 2022. Historical and potential hash rate growth based on current shipping schedules from previously purchased miners (subject to change) Corporate … Read more

Dorsey, Saylor and Fidelity Write to EPA to Defend Bitcoin Mining

These machines, known as mining rigs, work around the clock to find new units of cryptocurrency. Benjamin Hall | CNBC Some of the biggest names in bitcoin — including Jack Dorsey, Tom Lee and Michael Saylor — have come together to refute allegations made by House Democrats urging the Environmental Protection Agency to investigate the … Read more

Bitcoin Well CEO and CRO will present at Alberta Technology

EDMONTON, Alberta, April 14, 2022 (GLOBE NEWSWIRE) — Bitcoin Well Inc. (“Bitcoin Well”) (TSXV: BTCW)is pleased to announce that Adam O’Brien, Founder and Chief Executive Officer, and Dave Bradley, Chief Revenue Officer, are scheduled to present at the Alberta Technology Symposium on Wednesday, April 20 and Thursday, April 21, 2022 at the Grand Theater in … Read more

See how we send bitcoin from Miami to a Ukrainian in Poland

Alena Vorobiova hadn’t thought much about bitcoin before Russia invaded Ukraine in February. Fast forward to border closures and bombings in her hometown, cash shortages at ATMs across the country, and the central bank suspending electronic money transfers — and she decided to give bitcoin a try. While money providers generally charge transfer fees of … Read more

How a Buffalo Woman Lost Her Retirement Savings at a Bitcoin ATM

BUFFALO, NY (WKBW) – A Buffalo woman recently contacted 7 Problem Solvers admitting she fell for a scam that drained her retirement savings. The retired nurse did not want to be identified but said a computer pop-up prompted her to send over $43,000 to scammers via wire transfer and Bitcoin ATM. The woman said that … Read more

Exxon mining bitcoin with Crusoe Energy in North Dakota Bakken region

View of the Exxon Mobil refinery in Baytown, Texas. Jessica Rinaldi | Reuters ExxonMobil, the largest US oil and gas producer, is piloting a project to mine bitcoin in North Dakota, according to people with knowledge of the matter. For more than a year, Exxon has worked with Crusoe Energy Systems, a Denver-based company, said … Read more

Bitcoin launderer Heather Morgan accused in whistleblower talks

reserve photo of Heather Morgan Courtesy: Alexandria Adult Detention Center. Federal prosecutors said on Monday they were in talks with a New York woman recently arrested with her husband on charges of trying to launder $4.5 billion worth of cryptocurrencies stolen from bitcoin. The conversations were cited in a request by prosecutors asking a judge … Read more