Facebook CEO Mark Zuckerberg arrived on Capitol Hill Wednesday ostensibly to advocate for his company’s proposed new cryptocurrency, Libra -- but he faced intense scrutiny from lawmakers on multiple fronts. Facebook's controversial position of allowing false claims in political ads…
By Courtney Norris
Facebook CEO Mark Zuckerberg aims to reassure Congress on Wednesday that his company won't try to evade financial regulators as it prepares its planned digital currency Libra.
By Marcy Gordon, Associated Press
The social network unveiled an ambitious plan Tuesday to create a new digital currency similar to Bitcoin for global use, one that could drive more e-commerce on its services and boost ads on its platforms. But that move isn't likely…
By Rachel Lerman, Associated Press
The price of bitcoin has slowly gained back up some of its value after a precipitous drop this month.
By Paul Solman
By PBS NewsHour
On this edition for Saturday, September 15, dangerous flooding and record rains pummel the Carolinas as Tropical Storm Florence slows, and the cost of subsidizing home insurance along the flood-prone coast. Also, a startup will try using blockchain technology to…
By Hari Sreenivasan, Sam Weber, Connie Kargbo
The New York-based startup Civil launched last year with the goal of using blockchain -- the same technology that powers the cryptocurrency Bitcoin -- to help to build a network of independent news organizations with a sustainable business model. Civil…
By Stephen McKeon, The Conversation
People are just becoming acquainted with the idea of digital money in the form of cryptocurrencies like bitcoin, where transactions are recorded on a secure distributed database called a blockchain.
Plattsburgh, New York, doesn't look like ground zero for a gold rush. But cryptocurrency prospectors have installed thousands of energy-gobbling mining machines while taking advantage of dirt-cheap electric rates. And the invasion has some locals up in arms, while offering…
By Paul Solman
Can bitcoin be a currency if you never know its value? Living outside the traditional banking network by design, its fluctuating value makes it too cumbersome for petty transactions. Yet despite the hurdles, bitcoin and its underlying technology is seen…
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