“If you tell them the risks someone is taking and they’re otherwise healthy, you could be accused of breaking the bank or trolling,” said Michael Saylor, CEO of MicroStrategy, aRead More
Tag: crypto
‘Crypto winter’ descends as investors’ hot streak cools brutally
NEW YORK – The wealth-generating hot streak for Bitcoin and other cryptocurrencies has cooled brutally. As prices fall, companies collapse and skepticism rises, fortunes and jobs disappear overnight, and investorRead More
Bitcoin drops below $20,000 as crypto sales accelerate
LONDON (AP) — Bitcoin price dropped below $20,000 for the first time since the end of 2020 on Saturday, a new sign that selling in cryptocurrencies is deepening. According toRead More
Tether: The Money That Could Ruin Crypto
Even by crypto’s often surreal standards, Tether has a history of its own. was established by in 2014. Brock PierceHe is a cryptocurrency evangelist who acted as a child actorRead More
Inside a Corporate Culture War Stocked By A Crypto CEO
Jesse Powell, Founder and CEO of Kraken, one of the largest companies in the world cryptocurrency exchangeshe recently asked his employees, “If you can identify as a gender, can youRead More
Crypto Firms Shaken As Prices Drop
SAN FRANCISCO – No one wanted to miss the cryptocurrency craze. In the last two years, as Bitcoin prices and other virtual currencies increased, crypto startups proliferated. Companies marketing digitalRead More
Bitcoin drops as major crypto lender Celsius Network stalls
NEW YORK – The price of bitcoin and other cryptocurrencies collapsed on Monday after a major cryptocurrency lender effectively failed and halted all withdrawals from its platform due to “extremeRead More
Landmark bill limiting crypto mining passes NY Legislature
A milestone environmental measure designed to curb the spread of cryptocurrency mining operations that burn fossil fuels in New York has passed the state legislature. The bill, which was approvedRead More
How Influencers Dope Crypto Without Revealing Their Financial Ties
Some of the projects Mr. Armstrong supported were small-time, experimental crypto startups that eventually ran into problems. In those cases, he said, he sees himself as a victim too. “TheyRead More
How a Garbage Talking Crypto Brother Caused a $40 Billion Crash
Do Kwon, a South Korean entrepreneur, described the cryptocurrency he created in 2018 as “my greatest invention.” In countless tweets and interviews, he trumpeted the world-changing potential of the currency,Read More