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Robinhood is experiencing issues this morning, with the company acknowledging that users are having problems with crypto trading. It's another frustrating outage for the popular trading platform, and comes as meme-stock turned Elon Musk favorite Dogecoin (aka DOGE) sees a surge in price.
Popular cryptocurrency app Coinbase has added support for funding your account using PayPal in addition to its existing options. This new support makes it much easier for users to add currency to their account, which can then be used to purchase Bitcoin, Ethereum, or one of the other many digital coin assets offered by the platform.
Microsoft released a note this week about how they've been working on defending against cryptojacking for your computer. Cryptojacking is a term describing a malicious attacker, a hacker, using your computer to mine cryptocurrency. Your computer's processing power - and potentially your internet data, if you're not on an "unlimited" plan - for their own profit, without your knowledge. This is bad, and Microsoft working to defend Windows against cryptojacking is good.
Venmo is the latest financial app to get into the cryptocurrency market. The PayPal-owned platform has launched a new crypto market feature that enables its users to buy, sell, and hold various cryptocurrencies directly in their account, simplifying the process for users who may otherwise be confused about how to set up and use a dedicated wallet app.
Some things in life you can count on, and it seems like Robinhood crashing just when the finance market is getting interesting is one of them. The popular finance service - which has seen particular success with first-time and novice investors - has been suffering several periods of downtime during volatility in crypto trading, particularly Elon Musk's favored Dogecoin.
Encrypted privacy-centric messaging app Signal has announced a beta test called Signal Payments. As the name suggests, this new beta involves testing a beta feature that lets users send and receive money through the app -- though, in this case, the transactions involve a private cryptocurrency called MobileCoin.
The Nintendo Game Boy was one of the more popular early portable game consoles on the market. Typically, the Game Boy was used to play black-and-white games on the go. One Game Boy owner has performed an interesting mod to his portable console allowing it to mine Bitcoin.
Tesla has begun accepting bitcoin for new car purchases, allowing buyers of its electric vehicles to use the cryptocurrency as an alternative to the usual cash, lease, and finance options. The move comes after the automaker waded into bitcoin holdings itself earlier this year, purchasing $1.5 billion worth of the cryptocurrency in February.
India's government has been vocal about its hostility toward cryptocurrencies like bitcoin, and it seems things may be once again heating up. According to a new report, the nation's government may be planning to introduce a bill soon that, if passed, would ban all cryptocurrencies in India, including mining, potentially under the penalty of fines and prison time.
Back in February, NVIDIA made a pair of reveals that went hand-in-hand. For starters, it announced that it would sell certain GPUs as "cryptocurrency mining processors," or CMPs. At the same time it announced it was rolling out these CMPs, the company also announced that it would be limiting the RTX 3060's usefulness when it came to cryptocurrency mining, the hope being that those limitations would make RTX 3060 cards less appealing to crypto miners.
NFT stands for non-fungible token, a cryptocurrency that works with blockchain technology like Bitcoin... only different. If Bitcoin is like a coin, NFT is like a unique digital certificate tied to a unique digital asset. An NFT is not the same as physical ownership of a physical item, but you CAN own the NFT of digital ownership records for physical assets.
Bitcoin has seen a surge in recent weeks, sitting with a value of around $54,000 as of Friday, February 19. The cryptocurrency has reached a $1 trillion market capitalization. The milestone follows Tesla's recently revealed $1.5 billion Bitcoin purchase, as well as tweets about the cryptocurrency from Elon Musk, which helped fuel public interest in the volatile coins.