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When Bad Ideas Pay Off

Imagine it’s a Saturday night and we find ourselves at an intense dance party, complete with strobe lights and subwoofers (Pretend our kids or friends somehow convinced us to go).

As we’re counting down the hours to midnight, someo...

The Ethereum (CRYPTO: ETH) blockchain is powered by the ETH coin, a cryptocurrency with a market value of $320 billion. Only Bitcoin is worth more. And Ethereum's success can be attributed to its programmability. Specifically, developers can use the platform to build and deploy decentralized applications (dApps), software that exists on a peer-to-peer network rather than centralized corporate services.

Decentralized finance (DeFi) products are a type of dApp. They allow investors to lend, trad...

 Bitcoin miners are feeling the heat - and the pain's rippling downstream to pressure prices.

The cryptocurrency's spectacular rally in 2021 drew thousands of entrants into mining, or producing new coin. As a result the hashrate, or combined computational power used by bitcoin miners globally, has roughly quadrupled over the past six months to blow past 200 million "terahashes" per second.

© Reuters/MAXIM SHEMETOVFILE PHOTO: A view shows the data centre of BitRiver company providing services f...