Truthout
Cryptocurrency
SEC’s Approval of Bitcoin Markets May Set the Stage for Financial Disaster
Irresponsible banking and deregulation are putting the world economy at risk.
Crypto Mining May Use More Electricity Than the Entire State of Washington
Initial estimates say cryptocurrency mining could account for up to 2.3 percent of total annual US electricity use.
Warren, Sanders Urge Biden Officials to Crack Down on Crypto Tax Evaders
Congress mandated new tax rules for crypto traders nearly two years ago, but officials have yet to implement them.
Sinema Has Received Over $500k From Crypto-Backed Firms Ahead of Election
The donations came as Sinema introduced several crypto-sponsored regulations.
Report on ChatGPT Model’s Emissions Offers Rare Glimpse of AI’s Climate Impacts
If AI is scaled up, the resulting carbon footprint could rival that of cryptocurrencies.
Miami’s Mayor Went All In on Cryptocurrency. His Constituents Suffered.
Miami Mayor Francis Suarez made outlandish claims about the boon of MiamiCoin, but it's lost 99 percent of its value.
Bitcoin ATM Companies Are Preying on the Poor
Bitcoin Depot has admitted to its investors that it relies on demographic data to strategically place its machines.
New York Climate Groups Sue Over New Energy-Guzzling Crypto Mining Operation
The crypto mine could increase a Buffalo area power plant's greenhouse gas emissions by up to 3,500 percent.
Crypto Industry Ally Joins House GOP Leadership, Nixing Hopes for Reform
Future House Majority Whip Tom Emmer has interfered with investigations of crypto firms such as FTX.
FTX Crypto Crash Threatens Life Savings of Working People
The dramatic collapse of the cryptocurrency exchange FTX was enabled by politicians’ hands-off approach on regulation.