Bitcoin ‘rarely’ used for legal transactions, on ‘road to irrelevance’, say European Central Bank officials

European Central Bank officials alleged on Wednesday that bitcoin is “rarely used for legal transactions,” is fuelled by speculation and the recent erosion in its value indicates that it is on the “road to irrelevance,” in a series of stringent criticism (bereft of strong data points) of the cryptocurrency industry as they urged regulators to … Read more

How to turn off World Cup notifications from Twitter

The football World Cup — yes, the “soccer” one — is one of the biggest sporting events on the globe. And it’s really fun to follow it on Twitter with all the memes, commentary, and live tweets. But under Elon Musk-led Twitter it’s something different. After the World Cup started, the social network started sending … Read more

South Korean prosecutors seek arrest warrants for Terraform Labs co-founder, investors and engineers

South Korean prosecutors said Wednesday they have requested arrest warrants for eight people related to Terraform Labs for the alleged fraud as the local authorities widen their investigation into the collapse of the TerraUSD and Luna tokens that wiped tens of billions of dollars from the crypto market earlier this year. The Seoul Southern District … Read more