cryptocurrency

(Newser) - Cash-strapped Venezuela on Tuesday became the first country to launch its own version of bitcoin, a move President Nicolas Maduro celebrated as putting his country on the world's technological forefront. In its first hours on the market, the so-called petro racked in $735 million worth in purchases, Maduro said,...

(Newser) - Bitcoin has been taking a beating in recent days along with more traditional investments. The cryptocurrency, which has been sliding downhill since peaking above $19,000 in December, dipped below $6,000 early Tuesday for the first time since October, though it later recovered to around $6,500, Bloomberg reports....

(Newser) - Prices of bitcoin and other digital currencies skidded Tuesday after South Korea's top financial policymaker said a crackdown on trading of cryptocurrencies was still possible, the AP reports. Finance Minister Kim Dong-yeon said in an interview with local radio station TBS that banning trading in digital currencies was "...

(Newser) - Warren Buffett's advice on bitcoin and other cryptocurrencies can be summed up in two words: Stay away. In an interview with CNBC on Wednesday, the billionaire Berkshire Hathaway investor said that "in terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a...