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Bitcoin climbs above $12,000 as investors treat it like a safe haven amid global recession fears

"The recent Bitcoin rally strengthens the argument for Bitcoin as a store of value," wrote Ken Xuan, a data scientist at Fundstrat.
Military vehicles carry missiles with characters reading "Pukkuksong" during a military parade in Pyongyang.

North Korean hackers reportedly stole $2 billion from banks and cryptocurrencies to build Kim Jong Un’s nuclear weapons

According to a UN report, North Korean cyber attacks skimmed $2 billion from banks and cryptocurrency exchanges to fund its weapons programs.

Bitcoin flirts with $12,000 threshold as traders scarred by the trade war turn to it for refuge

"Bitcoin is proving itself to be a macro hedge against market risks,"  wrote Thomas Lee, managing partner of Fundstrat Global Advisors.

Alexandria Ocasio-Cortez’s exchange with Facebook’s crypto boss exposed a big problem about who actually controls the Libra currency

Facebook has taken pains to show it will not control the Libra currency, but AOC highlighted why the association behind Libra is problematic.
David Marcus, head of Facebook's Calibra (digital wallet service), testifies before a Senate Banking, Housing and Urban Affairs Committee hearing on "Examining Facebook's Proposed Digital Currency and Data Privacy Considerations" on Capitol Hill in Washington, U.S., July 16, 2019.

Facebook’s cryptocurrency plans hit a bipartisan wall of suspicion from US lawmakers: Why should anyone trust Facebook?

Facebook has suffered through two years of scandals, and it doesn't have many friends left in Congress.
Jerome Powell testifies before the House Financial Services Committee in Washington

Fed chair Powell just called bitcoin a ‘speculative store of value’ like gold — adding weight to the safe haven theory

"Really almost no one uses bitcoin for payments, they use it as an alternative to gold," Powell said.

A majority of Gen Zers say they’re not likely to buy cryptocurrency anytime soon

More than 52% of teens surveyed by Business Insider said they were not at all likely to purchase cryptocurrency in the next six months.

Chuck E. Cheese compares ‘fake currency’ bitcoin to prize tokens, setting up a Twitter feud between the mascot and furious crypto fans

Chuck E. Cheese — the mascot of arcade and pizza chain Chuck E. Cheese's — is taking on bitcoin lovers on Twitter.
FILE PHOTO: Representations of virtual currency and Libra logo illustration picture

Facebook had to invent a totally new programming language, Move, for its Libra cryptocurrency project because no other language was up to the task

Facebook launched Move, a programming language specifically designed for blockchain and Libra. Move is an open source project that is now on GitHub.