Tag: cryptocurrency

Bill Gates on Why He Doesn’t Own Any Cryptocurrency

Microsoft Corporation founder Bill Gates has said he doesn’t own any cryptocurrency because he prefers to invest in things that have “valuable output.” What Happened Over the weekend, Gates responded to a number of questions from users across the world on a Reddit “ask me anything” thread. In response to one particular question about his thoughts…


Beeple’s Twitter Hacked, Scammers Net $430,000 in Ethereum and NFTs

Popular digital artist Beeple saw his Twitter Inc account hacked over the weekend, resulting in a phishing incident that netted scammers over $430,000 in stolen Ethereum and NFTs. What Happened MetaMask security analyst Harry Denley first raised the alarm on Sunday, telling users the link in Beeple’s Twitter bio redirected to a phishing website that would automatically…


Lagarde Calls for Crypto Crackdown, Says They’re ‘Based on Nothing’

European Central Bank President Christine Lagarde has taken aim at cryptocurrencies, arguing in an interview on Dutch television that they’re essentially “worth nothing” as they lack underlying assets “as an anchor to safety” while calling for them to be regulated. Lagarde made the remarks in an interview on the Dutch television program “College Tour,” due…


‘ESG Is a Scam’: New GOP Voter Elon Musk

Elon Musk called the environmental, social, and governance (ESG) scoring “a scam” in a series of Tweets on May 18, citing S&P Global’s inclusion of ExxonMobil Corporation in its ESG Index while his own electric car company, Tesla Motors, was removed. “Exxon is rated top ten best in world for environment, social & governance (ESG)…


Elon Musk Calls ESG ‘A Scam’ After S&P Index Drops Tesla

Elon Musk called the environmental, social, and governance (ESG) scoring “a scam” in a series of Tweets on May 18, citing S&P Global’s inclusion of ExxonMobil Corporation in its ESG Index while his own electric car company, Tesla Motors, was removed. “Exxon is rated top ten best in world for environment, social & governance (ESG)…


‘Rich Dad Poor Dad’ Author Warns of Economic Pain, Says Baby Boomers Will Be ‘Biggest Losers’

“Rich Dad, Poor Dad” and personal finance author Robert Kiyosaki says that the U.S. is facing a future of unprecedented economic pain. During a recent video interaction, Kiyosaki says rising inflation, shortfalls in social security, and healthcare funding are the key factors influencing the economy. This is going to hammer a massive number of baby…


Former Facebook Crypto Chief Launches Bitcoin Payments Company

David Marcus, the former head of Meta Platforms Inc-owned Facebook’s crypto project Diem, has launched a Bitcoin payments startup. What Happened Marcus and a few ex-Meta crypto team members have started a new venture, according to a report from TechCrunch on Thursday. The new company, called Lightspark, would build on the Bitcoin Lightning Network. It will reportedly…


Overregulation Hinders China’s Web 3.0 Developers While Investors Seek Options Offshore

The communist Chinese regime’s heavy-handed supervision of China’s high-tech industries has greatly hindered its domestic tech innovation, prompting many Chinese tech firms and industry professionals to seek development overseas. Web 3.0 is referred to as the next internet revolution or the third-generation Internet that is based on blockchain technology and cryptocurrencies. It is being developed…


Learn How to Trade Cryptocurrency Wisely for Only $35

via StackCommerce There’s no denying that cryptocurrency has been all the rage in recent years. But as of late, people have moved on from merely buying and investing in crypto to actually trading them. And while the crypto market remains highly volatile, you can still rake in significant profit if you know how to play…


CryptoPunk NFT Bought for $1 Million Sells for $139,000

A non-fungible token (NFT) from the “Cryptopunks” series has reportedly changed hands for just 55 Ether, having previously sold for several times that amount last October. On Sunday, Cryptopunk #273 was at a value of about $139,000, after previously having sold for $1.03 million last October. This NFT is one of a series of 10,000 heavily…