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News Articles: cryptocurrencies

A sign at the Colonial Pipeline Houston Station facility in Pasadena, Texas, warns against trespassing. Colonial was forced to shut down a key pipeline last month after suffering a ransomware attack. Such attacks are becoming more frequent and increasingly, they are targeting key infrastructure like fuel or food supplies.

Tagged as: 

  • Business

U.S. Suffers Over 7 Ransomware Attacks An Hour. It's Now A National Security Risk

Cybercriminals are using sophisticated malware to attack companies' IT systems, and they are demanding ransom payments in digital currencies

June 09, 2021
|
By:
  • David Gura
A physical imitation of the Bitcoin cryptocurrency is pictured with a $1 bank note. Cryptocurrencies are plunging over a range of factors, including the spillover impact from falling stock markets and fears about increased regulations.

Tagged as: 

  • Business

Bitcoin Is Plunging. What To Know About The Wild Ride In Cryptocurrencies

Weeks after setting a record high, the price for Bitcoin has fallen dramatically along with other cryptocurrencies over factors ranging from inflation to, yes, Elon Musk.

May 20, 2021
|
By:
  • David Gura
Tesla CEO Elon Musk speaks during the unveiling of the new Tesla Model Y in Hawthorne, Calif., on March 14, 2019. Tesla announced on Monday it would invest $1.5 billion in cryptocurrency Bitcoin.

Tagged as: 

  • Business

It Doesn't Get More Buzzy Than This: Tesla Is Investing $1.5 Billion In Bitcoin

The automaker and the cryptocurrency have a lot in common: Soaring values, idealistic fans and plenty of skeptics. Now Tesla is investing in Bitcoin and plans to accept it for car purchases, too.

February 08, 2021
|
By:
  • Camila Domonoske

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