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“#Crypto startup lets you bet on Britney Spears, President Biden — and anything else” How about $100 on Britney to win? Gamblers can add news events to their wagering options thanks to a Soho start-up that lets users bet on outcomes such as whether Britney Spears can free herself from her father’s control. Polymarket offers…
“#Ether up 3.4 percent following major software upgrade” Ethereum, the second-largest blockchain network, went through a major software upgrade on Thursday, which is expected to stabilize transaction fees and reduce supply of the ether token. After initially trading lower going into the upgrade, ether regained momentum, last up 3.4 percent at $2,775.32. The adjustment, called Ethereum Improvement…
“#Gensler says cryptocurrency investors need more protection” The chairman of the Securities and Exchange Commission said that investors need more protection in the cryptocurrency market, which he said is “rife with fraud, scams and abuse.” Gary Gensler, appointed by President Joe Biden to lead the body that regulates securities markets, listed several areas where crypto…
“#‘Little guy’ may feel sharp pain from Robinhood’s IPO arrow” The people at Robinhood made IPO history this past week when they reserved an unheard-of chunk of its initial public offering, around 35 percent, for the trading app’s small-investor clients. And if you’ve been listening to company honchos and its soon-to-be mega-rich CEO Vlad Tenev,…
“#The inside story of one of China’s last bitcoin mining tycoons” A Chinese crypto mogul who says he was once responsible for nearly 10 percent of all bitcoin mining in the world is opening up about how China’s crackdown has decimated his business. A 40-year-old businessman named Liu Weiman, who spoke to news Web site…
“#Polish influencer just sold her love as an NFT for $250K” You can quite literally buy her love. Polish influencer Marta Rentel, 26, claims she has sold her “digital love” in a nonfungible token, or NFT, for $250,000 (1 million Polish Zloty), Insider reported. As a real-life token of the symbolic transaction, completed on July…
“#Bitcoin surges after Amazon hints it may enter crypto space” The price of bitcoin surged Monday morning to as high as $39,770 per coin after a job posting from Amazon hinted that the company is considering embracing cryptocurrencies. The price of the digital currency was last seen trading almost 11 percent higher, at $38,200 per…
“#Elon Musk says Tesla will ‘most likely’ start accepting bitcoin again” Elon Musk on Wednesday said Tesla will “most likely” start accepting bitcoin again as more renewable energy is being used to mine the digital currency. Tesla first started accepting bitcoin as payment for its electric cars in March, but discontinued the practice in May…
“#Bitcoin surges 8 percent to $32K as crypto markets recover” Bitcoin surged more than 8 percent to trade above $32,000 on Wednesday, as the world’s most popular cryptocurrency rebounded from a brutal rout a day earlier. As of 1 p.m. on Wednesday, Bitcoin was trading at $32,064 — an 8.3 percent increase over the past…
“#$80B wiped off crypto market as bitcoin drops below $30K” About $80 billion has been wiped off the cryptocurrency market in the past 24 hours as bitcoin slumped below $30,000 per coin again, pressuring the price of other cryptos as well. Bitcoin fell more than 5 percent Tuesday and was last seen trading at about…