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Top cryptocurrency news on December 4: Major stories on crypto across the world – Moneycontrol.com

How the cryptocurrency rush added to the semiconductor crisis

Cryptocurrencies, and conversations about them, now appear to be everywhere. Crypto prices have risen sharply over the past year, attracting a slew of new investors. Despite the volatility of the sector, and the emergence of newer, and unknown financial instruments, several factors affect the stability of cryptocurrencies, including semiconductor shortages, excessive usage of energy sources that were not meant for crypto-mining, and India’s official stand (which seemingly is to outlaw cryptocurrencies). Read details look.