Tether is a fraud on the scale of Madoff or Enron and we're in the middle of a bubble for the history books. Disclaimer: I have short positions on the cryptocurrency ecosystem, through MSTR and COIN puts It's something awesome to live through one of the great bubbles of history.

Few bitcoin projects illustrate the cryptocurrency's enormous climate impact better than the Greenidge power plant in upstate New York. The once-abandoned power plant was bought by private equity firm Atlas Holdings and retasked. A significant portion of Greenidge's electricity no longer powers nearby homes or businesses; rather, the plant's smokestacks are increasingly pouring pollutants into the atmosphere in the service of mining bitcoin.

The US Patent Office has today issued sportswear brand Nike's patent for its blockchain -compatible sneakers dubbed "CrpytoKicks." The patent outlines a system whereby blockchain can be used to attach cryptographically secured digital assets to a physical product, in this case a sports shoe.

The world may be nearing the end of the coronavirus pandemic (at least we can hope), but the post mortems are just beginning. A new paper from the National Bureau of Economic Research found important correlations between sales losses and lockdowns across counties in California. Economists Robert W. Fairlie and Frank M.

The BitMEX cofounder created a cryptocurrency exchange that has traded trillions. Now he's wanted by U.S. authorities, and insiders wonder whether he and his partners are villains-or victims of a two-tiered justice system that favors big banks over brash outsiders.

Coinbase said it will suspend trading of XRP, the cryptocurrency the U.S. Securities and Exchange Commission sued Ripple Labs in regards to last week claiming it is really a security. Coinbase first listed XRP on its retail-facing platforms in February 2019. Starting now, XRP trading "will move into limit only," Coinbase wrote.

Miami mayor Francis Suarez is the latest high-profile figure to tout Bitcoin ( BTC), offering more evidence that mainstream adoption is growing. In a Thursday tweet, Suarez called Bitcoin a "stable investment" during an "incredibly unstable year," adding that he's learning about the flagship digital asset through figures like Tyler Winklevoss and Anthony Pompliano.

Actions by the Pennsylvania Supreme Court and secretary of state in the 2020 general election were so fraught with inconsistencies, documented irregularities, and improprieties (see filing below) that the election results for the office of presi...