SOPA Images/LightRocket via Getty Images Key takeaways On Monday, crypto lender BlockFi filed for Chapter 11 bankruptcy protections in the aftermath of FTX’s implosion Ironically, BlockFi lists FTX as its #2 creditor after a substantial bailout earlier this year The domino-ing bankruptcies reveal the early dangers of crypto lending platforms’ interconnectedness On Monday, crypto lender…
Lack of transparency at our nation’s public pensions makes scamming easier than crypto fraud. getty Lack of transparency at our nation’s public pensions makes scamming easier than cryptocurrency fraud. Public pension funds or cryptocurrency, what’s the bigger scam? The surprising answer is pension funds, according to Anessa Santos, a Florida attorney and Special Magistrate who…
Cemetery of Ukrainian civil cars destroyed by the Russian army in the city of Irpin – is now covered … [+] with flowers which can be purchased as NFTs that will finance the work of local charities. Sunflowers are being painted by Helen Yanko and Trek Thunder Kelly @Zakletsky by Alex Zakletsky With the creation…
Bloomberg © 2022 Bloomberg Finance LP The long-awaited Ethereum merge has finally occurred, with the Ethereum blockchain merging with Beacon Chain early Thursday morning, cementing the transition of the Ethereum community to Proof-of-Stake. Now, as the crypto space is simultaneously breathing a sigh of relief, there’s a lot of speculation as to what comes next.…
Solana prices declined close to 5% in 24 hours. Photographer: Gabby Jones/Bloomberg © 2021 Bloomberg Finance LP Solana’s sol token, which has fallen close t0 90% from its all-time high, led major digital currencies lower earlier today. The cryptocurrency, which powers the high-performance Solana blockchain network, reached as little as $30.43 at roughly 10:45 a.m.…
As the world moves toward a more digital future, it comes as no surprise, reignited discussions of a … [+] digital dollar are in the news. getty As the world moves toward a more digital future, it comes as no surprise, reignited discussions of a digital dollar are in the news. With 10 countries already…
Bill Tai – Employee 001 at TSMC Bill Tai Taiwan Semiconductor Manufacturing Limited (TSMC) is the world’s largest contract manufacturer of semiconductor chips that powers our phones, laptops, cars, and fridges. It is the world’s largest chip foundry with some big clients like Apple, Intel, Qualcomm, AMD and Nvidea, helping it to achieve $45 billion…
LONDON, ENGLAND – MAY 30: In this photo illustration, a visual representation of Bitcoin … [+] cryptocurrency is pictured on May 30, 2021 in London, England. Bitcoin is a decentralised digital currency, which has been in use since 2009. (Photo illustration by Edward Smith/Getty Images) Getty Images In the late 1990s, when I was working…
Cryptocurrencies have seen better days. The Russian invasion of Ukraine has shattered the belief in Bitcoin BTC as a safe-haven asset, and the digital currency hit a price of around $18,000 per Bitcoin in early July—the lowest it had been valued since December 2020. Another blockchain asset, NFTs, also experienced an unexpected fall from grace…
Ethereum 2.0 is merging with Ethereum, the original. But transaction costs are not expected to come … [+] down anytime soon. Still, developers have high hopes that the upgrade will be a big boon for the world’s biggest blockchain system. getty We already know what investors think about the Ethereum upgrade, dubbed “the merge”. It’s…