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New York Polls Crypto Firms On Security Measures After Twitter Hack

The New York Department of Financial Services, or NYDFS, has released a lengthy report analyzing the impact of July’s high-profile Twitter hack, which resulted in the theft of over $118,000 worth of Bitcoin (BTC).  Far beyond the immediate material impact, the NYDFS states that the incident exposed deep cybersecurity weaknesses of a publicly-traded

Bitcoin Price Breaks $400 Higher While S&P 500 Drops

Bitcoin has undergone a strong rally over the past day, gaining $300 as it pushes to $11,750. It topped out at $11,820 today as the dollar underwent a slight rally higher. TradingView.com data indicates that Bitcoin is outpacing a swath of other assets over the past day’s trading session. It is outperforming the

Incoming U.S. Senator Promotes Bitcoin on National Television

Bitcoin was recently promoted on national television by the incoming Wyoming senator Cynthia Lummis. Lummis is also a fan of Bitcoin. When commenting on the cryptocurrency in a recent interview with Good Morning America on ABC News, she said that she thinks the cryptocurrency is a viable store of value. Bitcoin Promoted on