Bitcoin prices slumped 17% on Wednesday night, before recovering some of the losses, after Elon Musk tweeted that Tesla would suspend accepting the cryptocurrency as payment for its cars, due to environmental concerns. “We are concerned about rapidly increasing use of fossil fuels for bitcoin mining and transactions, especially coal, which has the worst emission […]
Elon Musk has released a statement saying Tesla will no longer accept Bitcoin as payment for its electric vehicles. The firm said the decision was based on the increasing use of coal in Bitcoin mining. “We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the […]
South Korea’s central bank is the latest entity seeking powers to monitor crypto trading activity in the country.
Time to buy or wait and see? Bitcoin may have further to fall, but long-term price trends are still intact.
Legendary fund manager Stanley Druckenmiller says that he is worried that within 15 years the U.S. dollar will lose its world’s reserve currency status. He said that crypto is a solution to the lack of trust in Fed Chairman Jerome Powell “and the rest of the world’s central bankers.” The billionaire investor further said that […]
Grocery Outlet Holding Corp.’s business model presents a number of challenges, including hurdles to diving into the soaring online grocery business, according to Quo Vadis Capital. Shares of Grocery Outlet slumped 18.5% in Wednesday trading after the discount grocer reported sales that missed expectations and said comparable-store sales for the second quarter so far are […]
A month after its Alpha launch, the reputation based online social platform for crypto communities, Coreto has entered Phase II and is in the process of receiving a huge upgrade. As a part of this new development, the community-driven, crowdsourced crypto information platform is implementing Coreto Design Language (CDL) – a design language system optimized […]
To the shock of many Netflix spent an absolute fortune securing the future of Knives Out exclusively for their lineup of original content. Scheduled to arrive sometime in 2022, we’re keeping track of everything you need to know about Rian Johnson’s Knives Out 2, including production updates, casting news, trailers, and most importantly the Netflix […]
Mixing doses of COVID-19 vaccines increases the risk of mild to moderate side effects when compared with administering two shots of the same vaccine, but is safe, according to data from a key U.K. trial. The Com-Cov study, led by the University of Oxford, was launched in February to compare the effect of administering a first […]
Ethereum puts in two USD all-time highs in a day, but in BTC terms, it still has a long way to go.
The first phase of tests for use of the digital yuan across borders has been successful, the Hong Kong Monetary Authority has said.
SoftBank’s Masayoshi Son compares the popularity of Bitcoin to diamonds and bonds, but he still remains unsure about it.
NFT game developer Animoca Brands is claiming the status of crypto’s latest unicorn after raising almost $89 million at a $1 billion valuation.
Several altcoins managed to escape the Bitcoin Tesla FUD.
Shares in chip maker Alphawave slumped close to 20% in early trading, after the Canadian company raised £856 million ($1.2 billion) in its London initial public offering. The Toronto and London-based semiconductor developer priced shares at 410 pence, giving the company a market cap of £3.1 billion, it said early on Thursday. However, three hours […]
More and more people are deciding to move away from the jurisdiction of bricks-and-mortar banks as they want more control over their money. Unbanking is a growing movement, but people aren’t storing their cash under their mattress anymore—they’re holding crypto. Specifically decentralized finance coins (DeFi). Getting full control of your money and operating with DeFi […]
The U.S. Securities and Exchange Commission (SEC) has brought 75 enforcement actions against companies and individuals in the crypto industry so far, according to a new report by Cornerstone Research. The agency also brought 19 trading suspension orders against digital asset market participants, and 43 were litigated in U.S. district courts. 75 Crypto Enforcement Actions […]
There are a number of genres Netflix has really struggled to get right, with talk shows and late-night formats often the most cited examples. However, below we’re going to look at the rather disappointing track record Netflix has had with its multi-cam sitcom lineup. To be clear, Netflix has had some home runs generally with […]
Everyone knows about Miami’s famous Art Basel, but the NFT craze has opened the doors for a new kind of exhibition. Wealth management platform Elitium and blockchain investment firm GDA Capital have teamed up for the first-ever physical NFT showing of its kind. NFT BAZL promises to be a game-changing event for both the blockchain […]