Coinbase estimates cyberattack could cost crypto exchange up to $400M
Coinbase Global shares fell on Thursday after the crypto exchange said a recent cyberattack that breached customer account data could cost up the company up to $400 million.
Eric Trump addresses whether crypto deals are 'inviting trouble'
FOX Business correspondent Lauren Simonetti sits down with American Bitcoin co-founder Eric Trump to discuss his crypto investments on 'The Big Money Show.'
Crypto leaders 'optimistic' for legislation
FOX Business correspondent Lauren Simonetti dives into what crypto leaders are 'optimistic' for as they gather at the Consensus 2025 summit in Canada on 'Varney & Co.'
Key legislation to advance cryptocurrency blocked by Dems on the Senate floor
Senator Tim Scott, R-South Carolina, says Democrats "put partisanship above policy" in Friday's stablecoin bill vote.
Democrats kill Trump's stablecoin bill in blow to crypto
'The Big Money Show' panel explains why Senate Democrats rallied to block the Trump administration's GENIUS Act.
Crypto stocks jump as bitcoin soars above $100K
'The Big Money Show' panel discusses the impact of President Donald Trump's U.K. trade deal on cryptocurrency.
Treasury's Bessent says US should be 'premier destination' for digital assets
Treasury Secretary Scott Bessent testified before the House Financial Services Committee and discussed regulatory frameworks for the digital assets industry.
Crypto wallets 'are the future,' MoonPay CEO says
MoonPay CEO Ivan Soto-Wright gives his outlook for the crypto industry, the market, and the company's acquisitions of Iron and Helio.
Stablecoin bill, originally bipartisan, hits snag as Dems splinter
Sen. Bill Hagerty is spearheading legislation to regulate stablecoin, a cryptocurrency linked to fiat currencies like the dollar, but he has hit a snag.
Trump's stablecoin chosen for $2 billion Abu Dhabi investment in Binance, co-founder says
A World Liberty Financial co-founder recently revealed MGX has decided to use the crypto firm's USD1 stablecoin to make an investment into Binance. MGX's investment will total $2 billion.
Miami mayor touts return of F1 Miami Grand Prix to his city
Miami Mayor Francis Suarez discusses the F1 Miami Grand Prix, luxury real estate and cryptocurrency on ‘Varney & Co.’
Sam Altman’s iris-scanning technology launches in US, raising alarm over privacy and global control
Sam Altman’s World project has launched in the U.S. It scans users’ irises in exchange for crypto, raising fresh concerns about privacy, biometric data and AI-linked identity systems.
The Democrats 'have no plan,' GOP rep says
Rep. French Hill, R-Ark., on budget legislation, Democrats throwing support behind a President Donald Trump impeachment and lawmakers working to advance cryptocurrency legislation.
US solidifying itself as bitcoin mining hub
Bitcoin miners are flocking to the U.S. where energy is more accessible along with friendly capital markets and a wide pool of talent, according to a new study.
The U.S. is solidifying itself as a main bitcoin hub
Access to affordable energy are upping the street cred for the U.S. Bitcoin mining industry, according to lead author of the 'Cambridge Digital Mining Industry Report' Alexander Neumueller from University of Cambridge Judge Business School.
Stock market lows are in barring any warning signs, expert says
Blue Chip Daily founder Larry Tentarelli shows exactly when the S&P 500 flashed a 'majoy buy signal' on 'Making Money.'
Tie up your portfolio with alternative investments, co-founder suggests
For the Culture co-founder Jean-Luc Daigle, Ben's Watches content creator Ben Cook, and Miss Teen Crypto Randi Hipper break down the value of alternative investments on 'Making Money.'
Trump's meme coin soars as president offers dinner to top holders
President Donald Trump's cryptocurrency meme coin, $TRUMP, offered an exclusive dinner with the president to the top holders of the meme coin that launched earlier this year.
David Tawil explains why US-China negotiations will be 'very difficult'
ProChain Capital President David Tawil discusses the trade battle between the U.S. and China and the impact of trade negotiations on cryptocurrency.
El Salvador's Bukele is an 'extremely effective' leader: Charles Payne
'The Big Money Show' panel discusses President Donald Trump's immigration agenda.
Cryptocurrency FAQs
What is Cryptocurrency?
Cryptocurrency, or crypto, is a form of digital asset that is secured by cryptography and the blockchain. The most notable example of a cryptocurrency is bitcoin, though thousands of other similar assets exist. Cryptocurrencies are regarded by many as the money tech of the future due to their accessibility and un-censorable nature.
How do cryptocurrencies work?
Cryptocurrency networks, or blockchains, are independently verified by a matrix of computers that record all transactions and ensure a consensus throughout the chain. This means that all network information is recorded immutably and permanently; transactions cannot be prevented, blocked, or changed. Network participants can thus trust each other and transact without the need for a centralized intermediary.
How can I buy a cryptocurrency?
There are many markets for cryptocurrencies where you can exchange USD for the cryptocurrency of your choice. These include centralized exchanges and services such as Coinbase and PayPal, or decentralized alternatives like UniSwap where you can swap between crypto-assets. To use a centralized exchange, you’ll need to submit personal information such as your passport or driver’s license. Note that the price of digital assets can change rapidly, so timing your purchases well is essential.
Where can I keep my crypto coins?
Cryptocurrencies can usually be held with the exchange or business you bought them from. However, as these exchanges can be hacked, it is advisable to move your assets to your own personal wallet. These wallets are more secure and can be accessed from your laptop, phone, or other mobile devices.
What can I buy with crypto?
Real work adoption of crypto is still ongoing. However, more businesses are accepting crypto and you can buy goods and services as diverse as real estate, stocks, travel, gambling, websites, and much more. This trend should continue over time as cryptocurrencies become better known, accepted and trusted.
Pros and cons of investing in a cryptocurrency
You may have read the news that crypto has broken all-time highs recently. This is the main advantage, that we are early in the asset’s history and prices have generally gone rapidly upwards. However, you should be aware that volatility is significant and you can similarly lose money quickly if your timing is poor. Security is also a major issue and you must ensure you secure your crypto and transactions well or you could become a victim of theft or fraud.