The bizarre bitcoin bet that lost Balaji Srinivasan $1 million
A pseudonymous leftist Twitter account won $1 million from crypto investor Balaji Srinivasan over a bet on US inflation. Quartz Smart Investing Episode 1 Account handle,...
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Bitcoin Mining Raised Texas Electricity Rates 5%
Industrial-scale Bitcoin mining facilities in the US create as much carbon pollution as 3.5 million gas-powered cars, and Texas, which boasts the largest number of mining...
Hindenburg accuses Block, Jack Dorsey’s technology company, of fraud
Hindenburg Research announced that Block – the sprawling fintech company founded by former Twitter chief Jack Dorsey – was the latest short, after accusing the company...
India’s anti-money laundering laws will now apply to crypto
The Indian government will apply anti-money laundering regulations to transactions related to cryptocurrencies or virtual tokens, in an effort to tighten oversight of digital assets. The...
The crypto winter is coming for Silvergate Capital
Silvergate Capital is in trouble. The California-based company had become a popular place for cryptocurrency companies to tap. But in one regulatory filing On March 1,...
M-Pesa is looking at the trillion dollar global remittance market
With global remittances set to reach $5.4 trillion by 2030, according to a specialized UN agency, African fintech darling M-Pesa wants to grab a piece of...
There was only one crypto ad at the Super Bowl this year
The Super Bowl is a three-ring circus: there’s the game, the halftime show and — of course — the commercials. Many of the Super Bowl hundreds...
Why Stripe slashed its intrinsic value to $63 billion
Is a lower valuation bad news?Photo: Brendan McDermid (Reuters) The payment company Stripe is constantly trimming the value. In its most recent revision, Stripe cut the...
Nigerian artists are carving their own path in the NFT space
Most people became aware of non-fungible tokens (NFT) last year when Beeple’s Everyday: The first 5,000 Days sold for Sale for $69.3 million at Christie’s in...
Nigerian artists are carving their own path in the NFT space
Most people became aware of non-fungible tokens (NFT) last year when Beeple’s Everyday: The first 5,000 Days sold for Sale for $69.3 million at Christie’s in...