Breaking crypto news from the last week (26 June – 2 July 2021): 26 June: London police seized about £114 million ($158 million) of cryptocurrency, one of the largest hauls in history, which was being used to transfer proceeds of crime. As well the Metropolitan Police arrested a 39-year-old woman on suspicion of money laundering….
In 2017, during the first real crypto boom, it seemed we were on the verge of mass acceptance of cryptocurrencies and their widespread use as a payment means would begin. But this has not happened yet – although there has of course been some progress. What else needs to be done? A question I hear…
Bitcoin mining difficulty has seen its biggest downward adjustment in history as it drops 28%. More than 54% of Bitcoin’s hashrate, which reflects the collective computing power of miners around the world, has gone offline since its peak in May amid China’s crackdown against the crypto industry. Miners, who are still active, have to make…
We may not guess what markets will do next month or next year, but over the decades, it is pretty clear that they’ll grow. For most of us, it’s also getting harder to imagine a future without cryptocurrencies. Here are some experts’ views on what digital coins will look like decades from now. CNBC asked…