Now playing Next Money The Dutch tulip farmer swapping gas for heat from Bitcoin mining A greenhouse in the Netherlands is using the heat generated from cryptocurrency mining to partially heat its large premises, saving on its gas bill. 14/12/2022
Now playing Next Money FTX's Bankman-Fried arrested and charged with defrauding investors FTX founder Sam Bankman-Fried had been under criminal investigation by US and Bahamian authorities following the collapse of the cryptocurrency firm. 13/12/2022
Now playing Next Biztech news Bankrupt BlockFi sues FTX’s Bankman-Fried over Robinhood shares Cryptocurrencies, and especially lenders and exchanges, have been under pressure since FTX’s colossal demise this month which has contaminated the industry. 29/11/2022
Now playing Next Money Bitcoin plunges to 2-year low as FTX collapse piles on the pressure FTX’s new CEO John J. Ray III is looking to sell or restructure Sam Bankman-Fried’s fallen crypto empire. 22/11/2022
Now playing Next Money The latest on FTX: Bankruptcy, lost crypto and criminal probes The saga has highlighted a volatile market and prompted calls for better regulation across the crypto industry. 14/11/2022
Now playing Next Climate Residents in Niagara Falls driven mad by Bitcoin noise pollution Since China banned Bitcoin mining plants in 2021, they’ve been popping up across America and causing major disruption. 07/11/2022
Now playing Next Money France, Switzerland and Singapore test cross-border CBDC payments Their central banks are trialling DeFi protocols to automate foreign exchange markets. Should the crypto industry worry? 03/11/2022
Now playing Next Money UK financial watchdog warns users against crypto exchange FTX "This firm is not authorised by us and is targeting people in the UK," the Financial Conduct Authority said in a statement. 19/09/2022
Now playing Next Money The Ethereum 'Merge' has happened: here's what's changing Ethereum’s switch could cut the platform's carbon emissions by 99 per cent and cause regulators to put more pressure on energy-hungry Bitcoin mining. 15/09/2022
Now playing Next Money Why 'Bitcoin City' hasn't taken off in El Salvador A major part of the problem is that the drop in the value of Bitcoin and other cryptocurrencies has alienated investors. 07/09/2022
Now playing Next Money Bitcoin and other cryptos drop as interest rates rise Bitcoin prices are now down more than 50 per cent from a year ago. 29/08/2022
Now playing Next Money Is it wise to take out a loan to invest in crypto? A recent US survey found that 21 per cent of investors took out a loan to pay for crypto. Why are people choosing to do it and is it a good idea? 29/08/2022
Now playing Next Money The countries where Bitcoin and crypto are banned or restricted While some countries like El Salvador are embracing cryptocurrencies, others like China are leading sustained crackdowns on their use. 25/08/2022
Now playing Next Money Are these the 10 most crypto-friendly countries in the world? Crypto has taken off around the world, going from hype to reality - but digital currency hasn’t been embraced with the same enthusiasm everywhere. 16/08/2022
Now playing Next Money Terra CEO Do Kwon: 'I alone am responsible for any weaknesses' Terra CEO Do Kwan says the stablecoin was not a Ponzi scheme because the earliest investors were among the hardest hit by the crash 15/08/2022
Now playing Next Money Ethereum takes a big step to becoming greener The Merge upgrade will make Ethereum less energy intensive and therefore a mightier competitor to Bitcoin. 11/08/2022
Now playing Next Biztech news A trip to Niagara Falls for €2? The metaverse could make it happen Will tourists flock to VR City, a new virtual destination with famous world landmarks - or will they save up to visit the real thing in person? 08/08/2022
Now playing Next Money Bitcoin and other cryptos enjoy a moment of relief Cryptocurrencies have been struggling since the start of 2021, with Bitcoin down roughly 50 per cent in value since then. 29/07/2022
Now playing Next Money What crypto crisis? Some investors bet big on coins and blockchain Even as the crypto sector faces a bleak winter, money is pouring into digital assets at a pace that's set to outstrip last year's record. 26/07/2022
Now playing Next Money Why Bitcoin and other cryptos are bracing for a tough week ahead Cryptos have borne the brunt of a massive ripple effect since the Terra saga but decisions in the US could put even more pressure on digital assets. 25/07/2022