A Quarter of Prominent New Cryptocurrency Tokens Appear to Be Scams, Researchers Find

Gizmodo : Economy

If you were seeking any more reasons to be skeptical of the crypto market, here you go: Nearly a quarter of new coins minted on the blockchain that attained any value in 2022 fit the on-chain characteristics of a pump-and-dump scheme, according to

Legendary investor Charlie Munger trashes crypto, labels Elon Musk smart but strange, and bemoans his Alibaba bet in a new interview. Here are the 16 best quotes.

Tech Insider : Crypto
Charlie Munger
Charlie Munger.

Lane Hickenbottom/Reuters

Bitcoin hits a 6-month high as the total crypto market regains $85 billion in value

Tech Insider : Crypto
Bitcoin offices in Istanbul, Turkey on June 21, 2022.
Bitcoin offices in Istanbul, Turkey on June 21, 2022.

Umit Turhan Coskun/Getty Images

  • Bitcoin notched a six-month high on Thursday morning, trading under $25,000.

Mike Novogratz says he'll be 'the happiest guy' if bitcoin ends the year at $30,000 given the crypto market headwinds

Tech Insider : Crypto
Mike Novogratz
Longtime crypto bull Mike Novogratz said Wednesday that he'd be delighted if bitcoin trades at $30,000 by the end of 2023.

Lucas Jackson/Reuters

Warren Buffett's business partner rips into 'cryptocrappo' - and says he's ashamed of America for embracing bitcoin and its kin

Tech Insider : Crypto
Charlie Munger
Charlie Munger.

CNBC/YouTube

El Salvador is opening a 'bitcoin embassy' in Texas in a bid to promote more acceptance of crypto

Tech Insider : Crypto
President of El Salvador, Nayib Bukele, gestures during his speech at the closing ceremony of the Latin Bitcoin conference at Mizata Beach, El Salvador, on November 20, 2021.
El Salvador President Nayib Bukele during the Latin Bitcoin conference in November 2021.

Marvin Recinos/AFP via Getty Images

El Salvador Is Planning a 'Bitcoin Embassy' in Texas After Losing Tens of Millions on Crypto

Gizmodo : Economy

El Salvador, which has already lost tens of millions of taxpayer dollars on its authoritarian millennial president’s beleaguered effort to embrace cryptocurrencies, now says it plans to open a “bitcoin embassy” in Texas. The Central American country’s continued commitment to bitcoin comes despite last year’s crypto…

Short seller Jim Chanos ramped up his bet against Tesla last quarter - and placed new wagers against AMC and Trump-linked DWAC

Tech Insider : Crypto
GettyImages 488325214
Jim Chanos.

CNBC/Getty

Drake scooped up a $512,000 profit in bitcoin after betting on the Kansas City Chiefs to win the Super Bowl

Tech Insider : Crypto
Drake attends the LA Premiere Of HBO's
Drake has a partnership with Stake, allowing him to bet bitcoins.

Getty/Frazer Harrison

Dogecoin immediately jumped 5% after Elon Musk joked that he and Rupert Murdoch were discussing it at the Super Bowl

Tech Insider : Crypto
Elon Musk at the Met Gala.
Elon Musk.

Andrew Kelly/Reuters

Subscribe to Bitcoin