Their recent conversion, industry executives said, has less to do with any epiphany about crypto’s utility than it does a simple reality: They don’t want to lose the business to rivals. Hedge funds ... ( read original story ...)
Crypto and the Dollar Are Partners, Not Rivals
Niall Ferguson is the Milbank Family Senior Fellow at the Hoover Institution at Stanford University and a Bloomberg Opinion columnist. He was previously a professor of history at Harvard, New York ... ( read original story ...)
Regulating the Crypto Wild West
The Next Normal Thriving in the Post-Pandemic World. Innovation around crypto is flourishing but there isn't yet real proof of how useful it is to society. A key challenge today is how to enact good ... ( read original story ...)
This Metaverse Penny Crypto Could Hand You 300%+ Returns
In the case of Decentraland and Axie Infinity, their native crypto tokens - MANA and AXS, respectively - are used to buy and sell virtual items. What makes these cryptos great investment ... ( read original story ...)
Crypto regulation may help drive growth in poorer areas
The south west could benefit from crypto regulation, one expert has claimed The south west is "perfectly positioned" to benefit from plans to regulate cryptocurrency, an expert has claimed. Chancellor ... ( read original story ...)
Crypto week at a glance: Another country adopts BTC as legal tender; Flipkart explores Web 3
Flipkart jumps into Web 3 Flipkart surprisingly tweeted on the 28th of April that it is now exploring Web 3.0. The timing of the announcement is interesting as it comes during an extreme uncertainty ... ( read original story ...)
Japan’s Rapyuta Robotics secures $51M in series C round
Tokyo-, Bangalore-, and Zurich-based Rapyuta Robotics announced last week that it has raised 6.415 billion yen in the latest round, which Crunchbase says appears to be a series C round. This round was ... ( read original story ...)
How Much Of The Japanese Stock Market Does The BOJ own?
The Bank of Japan (BOJ), unlike any of its peers, has become a huge player in the country’s stock market. What began as a monetary policy experiment has turned into what some economists describe as a ... ( read original story ...)
Warren Buffett says he wouldn’t pay $25 for all the bitcoin in the world — and Charlie Munger blasts the crypto as ‘stupid’ and ‘evil’
Meanwhile, Munger has compared the crypto to a venereal disease, called for the US to ban it, and bemoaned the massive speculation underlying its price gains in recent years. Read more ... ( read original story ...)
Crypto boom a boon for electricity providers, but questionable for climate
Crypto mining centers, which consume huge amounts of electricity, are popping up in Minnesota and North Dakota. Critics say they enhance fossil fuel power production. Billions of dollars are flowing ... ( read original story ...)
Crypto-crimewave forces police online to pursue ill-gotten assets
UK police dealt with 22 types of cryptocurrency during investigations last year, up from two in 2019. Illustration: Observer Design Scams relating to digital ‘coins’ are growing – but data reveals ... ( read original story ...)
Crypto Investor? Here’s How Shiba Inu Could Hit $1
Some crypto enthusiasts believe that Shiba Inu will surpass $1 in the future. Catalysts like Shibarium and the Shiba Inu metaverse could push the price higher. Burn projects are essential for the meme ... ( read original story ...)
Robinhood CEO: “Crypto Is More Than Just an Asset Class”
This way, Robinhood is both driving the change forward and preparing to take advantage of its beneficial effects. "We believe that crypto is more than just an asset class," Tenev said on the earnings ... ( read original story ...)
Two Senators details new crypto legislation to create tax exemption for capital gains
Unlike traditional classes, like stocks and bonds, both senators believe crypto should be allotted a capital gains tax pass up to a certain amount allowing ease of use. “This is not like owning ... ( read original story ...)
Crypto Hackers Swipe $77 Million in Attack on DeFi Projects
(Bloomberg) --Crypto projects Rari Capital and Fei Protocol said they suffered a $77 million hack on Saturday, five months after their merger. An unverified Twitter account for Fei Protocol said it ... ( read original story ...)
Nike Sells NFT Sneakers for Thousands. This Week’s Top Bitcoin and Crypto News
When people followed the link and connected their crypto wallets, their NFTs were taken. The stolen NFTs were then transferred to a wallet owned by the hacker. The hacker made off with a couple ... ( read original story ...)