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The fossil fuel power plant that a private equity firm revived to mine bitcoin is at it again. Not content to just pollute the atmosphere in pursuit of a volatile crypto asset with little real-world utility, this experiment in free marketeering is also dumping tens of millions of gallons of hot water into glacial Seneca Lake in upstate New York.

“The lake is so warm you feel like you’re in a hot tub,” Abi Buddington, who lives near the Greenidge power plant, told NBC News.

Neil Patrick Harris is the latest celebrity to express love and enthusiasm for bitcoin. So much so that he is now serving as the new spokesperson for Coin Flip, a leading crypto ATM firm.

Neil Patrick Harris Is a Big Crypto Fan

Continue reading “Neil Patrick Harris Is the New Spokesman for Crypto ATM Firm Coin Flip” »

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“I’m at [email protected],” he tells CNBC Make It. He gives it out to everyone because he likes helping people and it keeps him on top of his game.

“I end up learning things that I never imagined I’d want to know,” Draper says.

Draper is a legend in the world of venture capital. Since the mid-1980s, he has built a fortune making early investments in companies like Hotmail, Skype, Baidu, Tesla and SpaceX.

Continue reading “Billionaire bitcoin investor Tim Draper: 1 question he always asks before investing—and why he sometimes gets ‘3 hours of sleep’” »

Tech billionaires Elon Musk and Jack Dorsey have agreed to discuss bitcoin with each other at an event in July.

In a bizarre Twitter thread, Musk responded to a tweet from Dorsey promoting an event called “The B Word,” which aims to encourage companies and institutional investors to adopt bitcoin.

“Bicurious?” the Tesla CEO said, seemingly referring to the “B” word in question.

Two brothers in South Africa have disappeared along with $3.6 billion worth of bitcoin that was housed on their cryptocurrency investment platform, according to a Cape Town law firm hired by investors to investigate the alleged heist.

The law firm, Hanekom Attorneys, said it has reported the incident to the Hawks, an elite unit of South Africa’s national police force. Hanekom has also reported the matter to South African financial regulators and crypto exchanges around the world.

The brothers, Ameer and Raees Cajee, set up their crypto investment service, Africrypt, in 2019.

Goldman Sachs ramps up bitcoin trading in new partnership with Mike Novogratz’s Galaxy Digital.

The bank has begun trading bitcoin futures with Galaxy Digital, the crypto merchant bank founded by Mike Novogratz, CNBC has learned.

The trades represent the first time that Goldman has used a digital assets firm as a counterparty since the investment bank set up its cryptocurrency desk last month, according to Galaxy co-president Damien Vanderwilt.

Continue reading “Goldman Sachs ramps up bitcoin trading in new partnership with Mike Novogratzs Galaxy Digital” »

Tanzania considers crypto—and boosts bitcoin—as nations line up behind el salvador to embrace decentralized finance.

El Salvador voted to adopt bitcoin as legal tender last week.

Continue reading “Tanzania Considers Crypto—And Boosts Bitcoin—As Nations Line Up Behind El Salvador To Embrace Decentralized Finance” »

Tesla halted car purchases with bitcoin in mid-May due to concerns over how mining contributes to climate change.