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Chinese Government Could Act on Coal-powered Bitcoin Mining

Reading Time: 2 minutes The Chinese government could take action against coal-powered Bitcoin mining farms A recent report claimed that Bitcoin mining operations could undermine the country’s new carbon footprint targets Some areas have already started taking action against crypto miners The Chinese government could take steps to limit the number of coal-powered Bitcoin mines…

The Rise, Fall, and Aftermath of Silk Road

Reading Time: 6 minutes Silk Road was the first big illicit dark web marketplace It was taken down by the FBI in October 2013 and $28.5 million worth of bitcoin seized Silk road has had a long-lasting negative impact on how Bitcoin is viewed worldwide When you hear the name Silk Road what do you…

Did Kimchi Premium Drop Cause Bitcoin Dip?

Reading Time: 2 minutes Bitcoin’s drop yesterday has been attributed in part to a huge drop in the kimchi premium The premium fell 13% in a matter of hours, suggesting someone may have finally been able to arbitrage it A temporary halt in Bitcoin deposits and withdrawals may have also been behind the drop The…

With His Legacy In Mind, Biden Seeks U.S. Transformation With Infrastructure Plan

President Biden leaves after speaking about his sprawling $2.3 trillion American Jobs Plan on Wednesday. Brendan Smialowski/AFP via Getty Images hide caption toggle caption Brendan Smialowski/AFP via Getty Images President Biden leaves after speaking about his sprawling $2.3 trillion American Jobs Plan on Wednesday. Brendan Smialowski/AFP via Getty Images President Biden's infrastructure train is leaving…