Bitcoin prices sink after FBI recovers Colonial Pipeline crypto ransom: CNBC After Hours

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  • CNBC Television published this video item, entitled “Bitcoin prices sink after FBI recovers Colonial Pipeline crypto ransom: CNBC After Hours” – below is their description.

    CNBC.com’s Pippa Stevens brings you the day’s top business news headlines. On today’s show, MacKenzie Sigalos breaks down bitcoin’s latest turn lower after the FBI recovered most of the ransom Colonial Pipeline paid criminal group Darkside. Plus, Jeff Cox dives into rising inflation fears as Deutsche Bank issues a grave warning.

    00:00 — CNBC After Hours: June 8, 2021

    0:38 — Stocks end the day mixed

    1:31 — Bitcoin sinks after ransom recovery

    3:31 — CNBC Soundcheck

    5:34 — Inflation nation

    8:47 — Numbers Round

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    In This Story: Bitcoin

    Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when its implementation was released as open-source software. Bitcoin was the first decentralized cryptocurrency.

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    Deutsche Bank AG is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed in New York Stock Exchange and Frankfurt Stock Exchange. The bank’s network spans 58 countries with a large presence in Europe, the Americas and Asia.

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