CNBC’s TechCheck on crypto collapse — 5/19/21

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  • CNBC Television published this video item, entitled “CNBC’s TechCheck on crypto collapse — 5/19/21” – below is their description.

    CNBC’s Deirdre Bosa, Kate Rooney and Arjun Kharpal discuss bitcoin’s intensifying plunge amid a broad cryptocurrency sell-off.

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    CNBC’s TechCheck on crypto collapse — 5/19/21

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    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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    A cryptocurrency, crypto-currency, or crypto is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of a computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership.

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  • In This Story: Deirdre Bosa

    Deirdre Bosa is a co-anchor of CNBC’s bi-coastal tech-focused program “TechCheck” (M-F, 11AM-12PM ET/8AM-9AM PT). Previously, Bosa served as a technology reporter based out of the network’s San Francisco Bureau, owning stories on the biggest names in tech from Amazon to Alphabet, key players in China’s tech scene like Alibaba and Huawei, and Silicon Valley’s largest disruptors from Airbnb to Uber to WeWork. Prior to that, she was a frequent presence on air and online as a CNBC contributor, reporting out of Vancouver, Canada.

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