By: Hannah Gebhardt In Hood County of rural Texas, Bitcoin mining technology has moved in and residents are not happy about it. Recently, Marathon Digital Holdings moved a bitcoin mining facility to Granbury, Texas, bringing noise pollution in the range of 85 decibels along with it. As a result of the move, numerous legal, health,… Read More Implications of Marathon Mining’s Noise Crisis in Rural Texas
By: Paul Coste The Securities and Exchange Commission (SEC) has been denying applications for spot bitcoin exchange-traded funds (ETFs) since the Winklevoss twins’ first application in 2017, consistently reasoning that the products are not “designed to prevent fraudulent and manipulative acts and practices,” which is required by the Exchange Act. However, the agency does not… Read More Spot vs. Futures: Analyzing the SEC’s Dilemma in Bitcoin ETF Approvals
By: Hayden McGuire A single transaction with bitcoin has a power cost that is equivalent to the average U.S. household’s 50-day consumption. Since the cryptocurrency’s popularization in 2016, the high-electricity-consuming coin has had detrimental effects to the environment. If the power consumption that bitcoin uses was measured as its own country, it would be in… Read More Will Profit Compromise the Ability to Go Green? Proposals for Industry and Government to Create Standards in Crypto-assets
Brief Description: Bitcoin is a cryptocurrency that allows it’s users to purchase items online ranging from hotels on Expedia to videogames. Instead of having money in a bank, individuals are able to keep their currency in a digital wallet. Bitcoins are pseudonymous. However, there are methods for identifying bitcoin users. Bitcoin mixers were created in an attempt to thwart the identification of bitcoin users and help to ensure that their personal data stays private.… Read More Crypto Crime: The Treasury Department Takes a Stand Against Illicit Activity Involving Digital Currency
As more and more people find themselves falling for the hype of Bitcoin, Internet chatroom users are taking advantage of inexperienced investors by spreading false news in order to make quick money through a pump-and-dump scheme. Scammers are able to engage in conduct that would typically be considered illegal, but can get away with the fraud because there are no active regulations regarding virtual currency. … Read More Inexperienced Investors and Unregulated Markets: The Truth Behind Bitcoin Market Scams
Cryptocurrencies have emerged as an unregulated, highly-volatile yet increasingly profitable investment. The legal rights and remedies for investors remain to be determined, even as hundreds of billions of U.S. Dollars are used to purchase cryptocurrencies on a daily basis. … Read More The Unregulated World of Cryptocurrency Investing: Legal Rights and Remedies
POSTED BY Kevin Tan Bitcoin, a cryptocurrency, emerged in 2009 which gives its network participants the ability to make transactions free of any transactional fees that banks and credit card companies would usually require. Furthermore, using bitcoins for international purchases would not subject the parties to the country’s laws or to its regulations. The use… Read More The Emergence or Downfall of Bitcoin?
POSTED BY Allison Kearns As investors swoon over the digital currency Bitcoin, regulators deal with questions of whether or how it should be regulated. The Bitcoin is a decentralized virtual currency that is designed to mimic the mining of a commodity. Except mining in the online arena consists of clients competing to solve cryptographic puzzles. … Read More The Bitcoin: Regulating the Decentralized Digital Currency