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“#Jack Dorsey blocked on Twitter by Marc Andreessen over ‘Web3’ tiff” Twitter co-founder Jack Dorsey has been blocked on Twitter — the social network he co-founded — by venture capitalist Marc Andreessen amid a growing tiff over the trendy crypto concept of “Web3”. Dorsey — who stepped down from the helm of Twitter last month…
“#Why is the Log4j cybersecurity flaw the ‘most serious’ in decades?” A newly discovered cybersecurity flaw is affecting vast swaths the internet from Google and Amazon to the systems used to run militaries and hospitals, with US Homeland Security’s top cybersecurity official calling it the most serious vulnerability in decades. The flaw is present within…
“#’Bored Ape’ NFT sells for $3K instead of $300K due to a typo” Have you ever made a six-figure typo? An online NFT trader accidentally listed an exclusive “Bored Ape” NFT for $3,000 rather than $300,000 — and someone snapped up the digital collectible before he had time to correct his mistake. “How’d it…
“#SEC case against Ripple Labs sale a ‘Bit’ of a double standard” During last week’s snoozer of a congressional hearing on the $2.5 trillion crypto-blockchain business, we got just a small glimpse into just how little the government knows about a technology that could transform the way we do business. A more complete picture of…
“#Ken Griffin says he spent $43.2M to buy US Constitution for son” Hedge fund billionaire Ken Griffin said he decided to shell out $43.2 million last month for a rare copy of the US Constitution at the urging of his son. “I was sitting at home in New York, and my son calls me to…
“#Charlie Munger says China was ‘correct’ to ban crypto” The current market is “even crazier than the dotcom era” and China made the right call when it banned cryptocurrencies, according to Warren Buffett’s right-hand man Charlie Munger. “The dotcom boom was crazier on the valuations even than we have now but overall, I consider this…
“#Ethereum nears fresh all-time high as bitcoin lags” Ether, the native currency on the Ethereum blockchain, approached a fresh all-time high on Wednesday as bitcoin — the largest cryptocurrency in the world — lagged almost 20 percent below its record price. The price of ether rose almost 2 percent Wednesday morning from the day prior…
“#AMC, Sony offer NFTs to people who buy advance Spider-Man tickets” AMC is getting into the NFT game. The world’s largest movie theater chain — which in August said it would accept Bitcoin for online ticket and concession purchases as well as a range of other cryptocurrencies by the end of the year — said…
“#Crypto firms pay massive price tags to name sports arenas” Cryptocurrency companies are being forced to shell out massive premiums in sports sponsorship deals as professional teams weigh the risks of getting burned — like some of them did during the dot-com bubble. Crypto.com, a Singapore-based crypto trading site, reportedly paid $700 million for the…
“#Cryptos slide as total market falls under $2.5 trillion” Cryptocurrencies continued their weeks-long decline on Friday, with the value of the total market falling below $2.5 trillion as bitcoin officially sagged into bear market territory. By 7 a.m. ET, the total market cap of all cryptocurrencies had fallen to $2.4 trillion, down almost 9 percent…