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Investors underestimate Bitcoin’s “huge upside potential”, Fidelity researcher says

Head of Research at Fidelity Digital Asset is convinced Bitcoin's value proposition as a decentralized and censorship-resistant monetary network sets it apart from other cryptocurrencies.

Continue ReadingInvestors underestimate Bitcoin’s “huge upside potential”, Fidelity researcher says

Russia Takes Down 4 Carding Sites With Over $260 Million in Crypto Turnover

Law enforcement in Russia has blocked major sites on the dark web, including a carding market leader. The platforms have been seized amid ongoing investigations into hacking groups, with Russian…

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Uber CEO Says Firm Will ‘Lean Into Crypto’ When It Becomes ‘Environmentally Friendly,’ Less Expensive to Transact

Speaking in an interview on Friday, Uber CEO Dara Khosrowshahi explained that the company will accept cryptocurrencies “at some point.” Khosrowshahi noted that there were two downsides to leveraging the…

Continue ReadingUber CEO Says Firm Will ‘Lean Into Crypto’ When It Becomes ‘Environmentally Friendly,’ Less Expensive to Transact

Students Mining Crypto in Dorms May Face Criminal Prosecution in Russia, Lawyer Says

University students in Russia minting digital currencies in their dormitories risk penalties and even criminal charges, according to a legal expert quoted by local media. The warning comes as Russian…

Continue ReadingStudents Mining Crypto in Dorms May Face Criminal Prosecution in Russia, Lawyer Says