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Category: FINANCE

Posted on 14/06/2021

Musk says Tesla sold about 10% of bitcoin to test market, and will ‘resume allowing crypto transactions’ when 50% of miners are green

Prices of the world's No. 1 crypto on Sunday trade sharply higher after digital-asset bull Elon Musk says Tesla would resume allowing transactions at ... ( read original story ...)

Posted on 14/06/2021

Musk says Tesla will accept bitcoin again as crypto miners use more clean energy

Tesla halted car purchases with bitcoin in mid-May due to concerns over how mining contributes to climate change. ( read original story ...)

Posted on 14/06/2021

Here’s why NFTs are crypto’s latest pump-and-dump scheme designed to make crypto insiders rich

Buying an NFT is like "buying" and "owning" a star in the sky, according to University of Campinas Brazil computer science professor Jorge Stolfi. ( read original story ...)

Posted on 14/06/2021

No one’s safe anymore: Japan’s Osaka city crumples under Covid onslaught

OSAKA, Japan: Hospitals in Japan's second largest city of Osaka are buckling under a huge wave of new coronavirus infections, running out of beds and ventilators as exhausted doctors warn of a ... ( read original story ...)

Posted on 13/06/2021

Bitcoin Wallet Joins 12 Largest Fundraising Rounds In Crypto History

Hardware wallet maker Ledger has taken the number four spot on Forbes’ list of biggest fundraising rounds in crypto and blockchain after it announced it raised $380 million in a series C round. ( read original story ...)

Posted on 13/06/2021

Bitcoin anonymity is just a big myth — and using it to launder dirty money is stupid, a crypto ATM chief says

The digital asset is perceived to be anonymous as it has often been associated with illegal activity, but only bitcoin addresses are nameless. ( read original story ...)

Posted on 13/06/2021

A top exec at ‘green’ crypto firm Chia says today’s volatility is just like the wild price swings in dot-com stocks in the 90s – and that both further turbulence and regulation …

"It's kind of like saying that we're gonna adopt the internet in the late 90s without having volatility in internet stocks," COO Gene Hoffman said. ( read original story ...)

Posted on 13/06/2021

Bitcoin may have to tumble below $30,000 before major buyers are lured back in, JPMorgan’s crypto expert says

The lesson from the 2018 bitcoin crash is that the current bear market may last months, JPMorgan strategist Nikolaos Panigirtzoglou told Insider. ( read original story ...)

Posted on 13/06/2021

Biden reaffirms support for Tokyo Olympics to Japan’s Suga

U.S. President Joe Biden reaffirmed his support for the Tokyo Olympics at a meeting with the Japanese Prime Minister Yoshihide Suga on Saturday, highlighting the necessity of imposing public health ... ( read original story ...)

Posted on 13/06/2021

Twitter CEO Jack Dorsey Reveals Surprise Bitcoin Plan After Elon Musk Sparked Crypto Price Chaos With Ethereum And Dogecoin Support

Twitter chief executive Jack Dorsey, a long-time bitcoin-backer, has revealed it's "only a matter of time" before either Twitter or its fledgling decentralized social network project Bluesky ... ( read original story ...)

Posted on 13/06/2021

Face biometrics draws millions in investment, plus consideration, explanation and criticism

Facial recognition is the theme of the most widely-read stories on Biometric Update this week, plus the Trulioo fundraising round and potential Clear IPO. ( read original story ...)

Posted on 12/06/2021

A teen crypto influencer who started by investing her pocket money into bitcoin says Gen Z could make crypto go mainstream – once they understand its benefits

Bitcoin fan Miss Teen Crypto believes Gen Z could make digital currencies and NFTs go mainstream if they understood the benefits enough to adopt them. ( read original story ...)

Posted on 12/06/2021

The Coinbase IPO kicked off a new era in crypto—or did it?

He understood early on that bitcoin was a trillion-dollar opportunity, and that regular people would need a simple, regulator-friendly way to access it. That vision became Coinbase, and when the ... ( read original story ...)

Posted on 12/06/2021

Coinbase’s IPO kicked off a new era in crypto—or did it?

He understood early on that bitcoin was a trillion-dollar opportunity, and that regular people would need a simple, regulator-friendly way to access it. That vision became Coinbase, and when the ... ( read original story ...)

Posted on 12/06/2021

Chinese Authorities to Ban Crypto Mining in Yunnan Province, Report

Chinese province Yunnan is gearing up to outright ban crypto mining in response to similar moves by Qinghai, Xinjiang, and Inner Mongolia. ( read original story ...)

Posted on 12/06/2021

How the Sweetgreen IPO Could Be Like Buying Starbucks at $17

A Sweetgreen IPO could be underway. And buying Sweetgreen stock could be like getting Starbucks at $17. Here's why the Sweetgreen IPO has big potential. ( read original story ...)

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