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Tech We’re Using: When Cryptocurrencies Fluctuate, He Uses These Tech Tools to Keep Track

How do New York Times journalists use technology in their jobs and in their personal lives? Nathaniel Popper, who covers cryptocurrencies and financial technology for The Times from San Francisco, discussed the tech he’s using.There are many cryptocurrencies and they often fluctuate in value. What tech products do you use to keep your finger on the pulse?Most conversations about cryptocurrencies tend to start with the price, and there are now countless services that track the ups and downs of the thousands of digital tokens out there.The most popular site, Coinmarketcap.com, was briefly getting more visits than The Wall Street Journal’s home page last winter. My personal favorite…

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After the Bitcoin Boom: Hard Lessons for Cryptocurrency Investors

SAN FRANCISCO — Pete Roberts of Nottingham, England, was one of the many risk-takers who threw their savings into cryptocurrencies when prices were going through the roof last winter.Now, eight months later, the $23,000 he invested in several digital tokens is worth about $4,000, and he is clearheaded about what happened.“I got too caught up in the fear of missing out and trying to make a quick buck,” he said last week. “The losses have pretty much left me financially ruined.”Mr. Roberts, 28, has a lot of company. After the latest round of big price drops, many cryptocurrencies have given back all of the enormous gains they…

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How Russian Spies Hid Behind Bitcoin in Hacking Campaign

SAN FRANCISCO — In early 2016, Russian intelligence officers obtained a new pool of the virtual currency Bitcoin. They quickly put the digital money to work.The Russian spies used some of the Bitcoins to pay for the registration of a website, dcleaks.com, where they would later post emails that had been stolen from Hillary Clinton’s presidential campaign. When the operatives needed a computer server to host the dcleaks site, they paid for that with Bitcoins as well.The transactions were detailed in an indictment on Friday from the Justice Department, in which prosecutors accused 12 Russian operatives of interfering in the 2016 presidential campaign through a sophisticated hacking…

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With Cryptocurrencies in Free Fall, One Big Firm Doubles Down

SAN FRANCISCO — Even with the cryptocurrency markets in an extended slump, the most prominent venture capital firm in the sector is doubling down.Andreessen Horowitz, the well-known firm that made early bets on Instagram and Reddit, said on Monday that it was creating a $300 million fund focused exclusively on projects inspired by the original virtual currency, Bitcoin. One of the leaders of the new fund will be the firm’s first female general partner, Kathryn Haun, a former federal prosecutor.Last year, when Bitcoin and most other virtual currencies were gaining in value, most of the large venture capital firms began beefing up on cryptocurrency expertise and making…

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Bits: Farhad’s Week in Tech: Bitcoin and the Scams Under Everything

Each week, Farhad Manjoo, technology columnist at The New York Times, reviews the week’s news, offering analysis and maybe a joke or two about the most important developments in the tech industry. Want this newsletter in your inbox? Sign up here.Good morning, readers!We’ll get to tech news in a bit, but let’s start somewhere else. My wife is a doctor who studies cancer, and one of the few things I’ve learned from her job is this unhappy little maxim: You can get cancer pretty much anywhere. Some cancers everyone has heard of. Breast, prostate, brain, lung — these are the calamities we’re familiar with. But did you…

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Stephen Bannon Buys Into Bitcoin

WASHINGTON — Stephen K. Bannon, 10 months removed from the job of chief strategist to President Trump and five months after his ouster from the arch-conservative news site Breitbart News, is betting that Bitcoin and other cryptocurrencies can disrupt banking the way Mr. Trump disrupted American politics.Mr. Bannon won’t reveal very much about his cryptocurrency plans — he worries that the controversy that comes with his name could have a bad impact on projects just getting off the ground.But he has had private meetings with cryptocurrency investors and hedge funds where he has discussed working on so-called initial coin offerings through his investment business, Bannon & Company.…

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Bitcoin’s Price Was Artificially Inflated Last Year, Researchers Say

SAN FRANCISCO — A concentrated campaign of price manipulation may have accounted for at least half of the increase in the price of Bitcoin and other big cryptocurrencies last year, according to a paper released on Wednesday by an academic with a history of spotting fraud in financial markets.The paper by John Griffin, a finance professor at the University of Texas, and Amin Shams, a graduate student, is likely to stoke a debate about how much of Bitcoin’s skyrocketing gain last year was caused by the covert actions of a few big players, rather than real demand from investors.Many industry players expressed concern at the time that…

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One Firm Is Way Ahead of Wall Street on Bitcoin

Mr. Smith said that he could also imagine Bitcoin, or some competitor, becoming a digital payment method for the internet — as Jack Dorsey, Twitter’s chief executive, recently predicted — but that he wasn’t too worried if that didn’t happen.“We believe that this technology and this asset class is going to change some facet of financial services, and we think it is going to exist forever,” he said.Susquehanna first experimented with trading Bitcoin in 2014 after the investor twins Cameron and Tyler Winklevoss asked the firm about being involved with a Bitcoin E.T.F. that they had applied to regulators to create.Regulators eventually denied that application. But Susquehanna…

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In the World of Cryptocurrency, Even Good Projects Can Go Bad

SAN FRANCISCO — While scams proliferated in the unregulated world of virtual currencies over the last year, a company in Switzerland seemed to be among the more legitimate outfits creating its own cryptocurrency.The company, Envion, said it had collected $100 million from investors this year with a plan to bring clean energy to the computers that manage Bitcoin. The project was reinforced by partnerships with German businesspeople and politicians and with a German academic institution, as well as by promises of compliance with Swiss and American laws.But like so many other projects that have pulled in millions of dollars through so-called initial coin offerings, or I.C.O.s, Envion…

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When Thousands Filled a Hilton Ballroom to Ponder the Future of Bitcoin

Seth Kaye has hot pink hair and Pokémon stuffed animals on his shoulder. He mines Litecoin, a cryptocurrency. He’s a designer. And he is trying to start a solar farm in Washington where he lives. Mr. Kaye was one of the more than 8,400 people in New York this week for Consensus 2018, a blockchain-themed conference where people pitched ideas, mingled and reveled in the possibility of disrupting health care or real estate or how government works. While Consensus attracted many people like Mr. Kaye, the gathering, which was held at Hilton in Midtown Manhattan, had all the typical trappings of a modern American business conference: hotel-catered…

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