China charges ahead with a national digital currency
The electronic Chinese yuan, also referred to as E-CNY, is now being tested in cities such as Shenzhen, Shanghai and Beijing. No other major government...
Elon Musk and Snoop Dogg push cryptocurrencies to record highs
Bitcoin and even Dogecoin, which began as a playful experiment, are soaring in value as billionaires, companies and celebrities promote the digital currencies.
They found a way to limit Big Tech’s power: Using the design of Bitcoin
Companies inspired by the cryptocurrency are creating social networks, storing online content and hosting websites without any central authority. Doing so makes it much harder...
The ‘Roaring Kitty’ rally: How a Reddit user and his friends roiled the markets
A Massachusetts man who goes by “Roaring Kitty” on social media helped fuel the frenzy around GameStop. His $53,000 investment in the company briefly reached...
Robinhood, in need of cash, raises $1 billion from its investors
The no-fee trading app Robinhood, which is popular with young investors, has been strained by the high volume of trading this week in stocks such...
Lost passwords lock millionaires out of their bitcoin fortunes
Bitcoin's unusual nature has meant that many people are locked out of fortunes as a result of lost or forgotten keys. They have been forced...
Robinhood pays $65 million to settle charges of misleading customers
The same practices that drove Robinhood’s success are increasingly leading to fines, complaints and scrutiny from state and federal regulators.
Bitcoin hits record, this time with less talk of a bubble
Bitcoin, the crazy cousin of traditional currencies, fell below $4,000 in March but has now passed $19,783. More investors are now buying it for the...
To do politics or not do politics? Tech startups are divided
Startups such as the cryptocurrency company Coinbase and the audio app Clubhouse have become embroiled in a debate over how much politics should be part...
When your last $166 vanishes: ‘Fast fraud’ surges on payment apps
People are getting defrauded as they turn to Square’s Cash App and PayPal’s Venmo to do more online banking in the pandemic.