
How nonfungible tokens work and where they get their value – a cryptocurrency expert explains NFTs
Apr 04, 2021 10:23 am UTC| Technology Digital Currency
Takeaways · Nonfungible tokens prove ownership of a digital item image, sound file or text in the same way that people own crypto coins. · Unlike crypto coins, which are identical and worth the same,...

Bitcoin may now be used for Starbucks transactions
Apr 02, 2021 00:06 am UTC| Digital Currency
Starbucks customers can now use Bitcoin, gift cards, and frequent flyer miles to reload their Starbucks cards through the coffee chains app. While Starbucks doesnt directly accept cryptocurrencies, the Bakkt App allows...

What are NFTs and why are people paying millions for them?
Mar 18, 2021 14:30 pm UTC| Technology Digital Currency
Last week, Christies sold a digital collage of images called Everydays: The First 5000 Days for US$69.3 million dollars. This week, Elon Musk said hes selling a tweet of his as an NFT, which contains a song about...

India to criminalize cryptocurrency possession, trading
Mar 15, 2021 23:55 pm UTC| Law Digital Currency
India will propose a law criminalizing possession, issuance, trading, mining, and transferring crypto-assets in the country. The bill, one of the worlds strictest cryptocurrency policies, is in line with a government...

A token sale: Christie's to auction its first blockchain-backed digital-only artwork
Feb 26, 2021 14:45 pm UTC| Digital Currency Technology
Since May 2007, US-based digital artist Mike Winkelmann (who goes by the name Beeple) has posted a new artwork online every day. He posted the 5,000th one in January, and has now packaged them into an enormous digital...

Bitcoin isn't getting greener: four environmental myths about cryptocurrency debunked
Feb 20, 2021 12:38 pm UTC| Technology Digital Currency
The price of bitcoin has reached US$50,000 (36,095) another all-time high. Its hard to believe that 10,000 bitcoin would only buy a couple of pizzas ten years ago. Its even stranger to think that bitcoins are completely...

Bitcoin: why a wave of huge companies like Tesla rushing in could derail the stock market
Feb 12, 2021 08:04 am UTC| Technology Digital Currency
After Tesla announced it has invested US$1.5 billion in bitcoin and expects to start accepting the cryptocurrency as a payment for its electric vehicles in the near future, the bitcoin price went soaring. It went from...