cryptocurrency

Billionaire Mark Cuban Explains Why SEC’s Stance on Crypto Is “Incredibly Hypocritical”

In a recent interview, billionaire investor and entrepreneur Mark Cuban criticized the U.S. Securities and Exchange Commission (SEC) for the way it deals with crypto. Cuban is the majority owner of the professional basketball team Dallas Mavericks, as well as one of the “sharks” on the highly popular reality show “Shark Tank” (which is aired on the ABC television […]

Mastercard CFO Explains How His Firm Views Crypto

During an interview published on Tuesday (August 2), Mastercard CFO Sachin Mehra shared his thoughts on crypto. His comments were made during an interview with Bloomberg’s Lisa Abramowicz. With regard to crypto, he said: “In the crypto world, we play the role as an on-ramp, with people using our debit and credit products to buy […]

Coin Bureau Predicts ‘Peak Capitulation’ Ahead for Crypto Markets

The pseudonymous host of popular crypto market commentary show Coin Bureau says that the crypto markets have yet to reach a point of “peak capitulation” in the bear market.  Speaking in a recent YouTube update, Coin Bureau’s host “Guy” told viewers that he believed the crypto markets were in for another massive price crash.  According […]

Banking Giant Santander Reportedly Preparing To Launch Crypto Trading Services in Brazil

Banco Santander S.A., a Brazilian subsidiary of the Spanish banking giant Santander Group, is reportedly planning to roll out crypto trading services in Brazil.  According to an article by Decrypt, local news outlet Folha de S.Paulo is reporting that Santander is planning to begin offering crypto trading services for clients in Brazil. The Brazilian subsidiary’s […]

Binance CEO on Why Currently There Is a Positive Correlation Between Stocks and Crypto

On Thursday (July 28), Binance Co-Founder and CEO Changpeng Zhao (better known as “CZ”) shared his thoughts on the crypto market. CZ — who has, according to Forbes, an estimated net worth (as of 30 July 2022) of around $17.4 billion made his comments during an interview with Carl Quintanilla , co-anchor of CNBC’s “Squawk on […]

Gibraltar MP Reveals He Owns $BTC for the Benefit of His Children

Albert Isola, Minister for Digital and Financial Services for Her Majesty’s Government of Gibraltar, says that he has invested in Bitcoin for his kids’ benefit. Here is a brief introduction to Gibraltar from Wikipedia: “Gibraltar is a British Overseas Territory located at the southern tip of the Iberian Peninsula. It has an area of 6.7 […]

Fears of Contagion in Crypto Market Have Peaked for Now, Says Citi Research

A report published by Citi analysts has revealed that fears of contagion in the cryptocurrency market have peaked for now as numerous indicators in the space have started easing, at a time in which numerous market makers and brokers are making counterparty exposure disclosures. As CoinDesk reported, Celsius Network recently filed for Chapter 11 bankruptcy […]

Crypto Market May Have Already Bottomed, Says FTX Billionaire Sam Bankman-Fried

Sam Bankman-Fried, the popular CEO of cryptocurrency exchange FTX and the well-known crypto billionaire behind Alameda Research, has revealed he believes that the cryptocurrency market bottom may have already been reached. In a video interview with the CEO and co-founder of Real Vision founder Raoul Pal that first aired earlier this month, Sam Bankman-Fried noted […]

Crypto Investment Firm Exec’s Advice to Investors: ‘Keep Calm and Carry On’

Alex Tapscott says that the current bear market provides opportunities for companies and investors.  Alex Tapscott is “an entrepreneur, author and seasoned capital markets professional focused on the impact of Bitcoin, blockchain and other digital assets on business and financial markets.” He is “the co-author of the critically acclaimed non-fiction best-seller, Blockchain Revolution, which has […]

Kevin O’Leary Warns Massive Capitulation Event Is Coming to Crypto Market

Celebrity investor Kevin O’Leary (aka “Mr. Wonderful” on ABC TV series “Shark Tank“) is predicting that a massive capitulation event is coming for the crypto market.  On July 6, during an interview on YouTube series “Meet Kevin”, O’Leary claimed that the crypto markets are in danger of a massive capitulation event that will trigger further panic […]

Solana Labs Co-Founder Excited About Upcoming Launch of ‘Saga’ Smartphone

Anatoly Yakovenko, the co-founder of Solana Labs, says that the launch of their new mobile phone could lead to a massive explosion in potential users.  As you may know already, on June 23, Solana Mobile, a subsidiary of Solana Labs, introduced Saga, “a flagship Android mobile phone with unique functionality and features tightly integrated with […]

Crypto Exchange OKX Is Paying $20 Million-Plus To Sponsor Premier League Football Club

Crypto exchange OKX is reportedly paying more than $20 million to sponsor in the upcoming season one of the clubs in the Premier League, which is “the top level of the English football league system.” According to a report by Forbes, OKX has reached an agreement to expand its existing partnership with Premier League club Manchester City. […]

South Park Roasts Celebrities Who Promote Crypto in Part 2 of ‘Streaming Wars’

American animated sitcom South Park’s recently released episode pokes fun at the crypto industry, including Matt Damon’s infamous “Fortune Favors The Brave” commercial, which was first aired on 28 October 2021. According to a report by The Verge, “South Park The Streaming Wars Part 2”, which got released on Paramount+ in the U.S. and Canada on […]

Cardano Founder on How Blockchain Technology Could Improve Nation-Station Governance

On Thursday (July 14), Charles Hoskinson, who is Co-Founder and CEO of IO Global (aka “IOG”, formerly known as “IOHK”), the company responsible for Cardano’s research and development, talked about how blockchain technology could transform the future of nation-state governance. The IOG CEO’s comments were made during an interview earlier today with Brian McGleenon on Yahoo Finance […]

Investing in Crypto Is ‘Almost Insane,’ Says Berkshire Hathaway’s Charlie Munger

Berkshire Hathaway’s vice chairman, Charlie Munger, has said investing in cryptocurrencies is “almost insane” after suggesting that the cryptocurrency space is a “mass folly” and that the only correct approach to it is “total avoidance.” During an interview with the Australian Financial Review, Warren Buffett’s long-time collaborator Munger said that investors should “never touch” cryptocurrencies […]

‘Bounty Hunter of Wall Street’ Says “I Think Crypto Is Just Complete Fraud”

Judging by what he said on Monday (July 11), “activist” short-seller Andrew Left, who founded StockLemon.com (later rebranded to Citron Research) in 2001, is not a fan of crypto. Citron Research “has been publishing columns for over 17 years, making it one of the longest-running online stock commentary websites.” Left is “an activist, short seller, […]

Federal Reserve Vice Chair: ‘Crypto Platforms Are Highly Vulnerable to Deleveraging’

On Friday (July 8), Dr. Lael Brainard, who “took office as the Vice Chair of the Board of Governors of the Federal Reserve System on May 23, 2022,” spoke at a Bank of England Conference in London, UK. Dr. Brainard has “served as a member of the Board of Governors of the Federal Reserve System […]

Why Hardware Crypto Wallet Makers Are Seeing a Revenue Bump Despite Bear Market

Manufacturers of crypto hardware wallets have witnessed a bump in sales despite the ongoing bear market.  According to a report by Cointelegraph, hardware wallet makers, such as Ledger, have experienced an increase in revenue over the past few months as more users seek to withdraw their funds from centralized exchanges.  Pascal Gauthier, CEO of Ledger, […]

2 Virgina Pension Funds Ease Into Crypto Lending via VanEck New Finance Income Fund

On Tuesday (July 5), global investment manager VanEck announced that two retirement systems in Fairfax county (which is in the state of Virginia, United States) have invested some of their funds in its crypto lending fund. VanEck, which was founded in 1955, has been “at the forefront in researching and advocating for this asset class […]

Billionaire Value Investor ‘Can’t See the Point of Crypto,’ Lauds Gold Instead

American billionaire investor Seth Klarman has trashed crypto, saying that they represent an asset that could wind up being worthless.  Wikipedia says that Klarman is “the chief executive and portfolio manager of the Baupost Group, a Boston-based private investment partnership he founded in 1982.” It also mention that “since his fund’s $27 million-dollar inception in […]

Crypto Industry Players Say Market Correction Is ‘Healthy’ Despite Historic Selloff

Some industry experts are pointing to the recent crypto crash as a “healthy” correction for the market even though many investors are in too much pain right now to be able to agree with this view. According to a report by Fortune, industry players are reserving a positive outlook for cryptoassets despite the recent market […]

University of Cincinnati Launching Cryptoeconomics Lab and Cryptocurrency Fund

Thanks to two generous donations, the University of Cincinnati (UC) is launching “a pair of programs focused on cryptocurrency and new financial technologies.” An article by UC News published on June 22 says gifts from longtime supporters Dan Kautz and Woodrow Uible means the university will “create an educational program with the Carl H. Lindner College […]

FTX CEO: ‘There Are Some Third-Tier Exchanges That Are Already Secretly Insolvent’

Recently, 30-year-old American billionaire Sam Bankman-Fried (aka “SBF”), who is the Co-Founder and CEO of crypto exchange FTX, shared his thoughts on the crypto space. According to his bio, before FTX, SBF was “a trader on Jane Street Capital’s international ETF desk”, where he “traded a variety of ETFs, futures, currencies, and equities, and designed their […]

Bitfury CEO Explains Why for Him Crypto Prices Are ‘Not That Relevant’ Right Now

Brian Brooks, the CEO of Bitfury Group, which is Bitfury Group is a “leading full-service blockchain technology company”, talked about crypto on day two of the week-long 2022 Aspen Ideas Festival (AIF) being held in Aspen, Colorado. Before joining Bitfury in October 2021, Brooks was the CEO of Binance US and before that he worked at the Office […]

FTX US CEO Explains What Catalysts Could Help Crypto Market Recover More Quickly

Brett Harrison, CEO of U.S. division of crypto exchange FTX, recently explained what we need to see in the crypto space in order to “slow down market contagion and quicken recovery.” In a Twitter thread posted on June 20, Harrison named these three catalysts: “clarity from US regulators”; “more robust US crypto futures and options […]

Cardano ($ADA) Founder on Importance of Appropriate Crypto Regulation

On Thursday (June 23), Charles Hoskinson, who is Co-Founder and CEO of IO Global (aka “IOG”, formerly known as “IOHK”), the company responsible for Cardano’s research and development, talked about “the importance of appropriate & responsible regulation” for the crypto industry. His comments were made while he was providing testimony and responding to questions from members of the […]

You Use $DOGE, $SHIB, and $XRP to Buy Swiss Luxury Watchmaker’s Latest Watch

On Monday (June 21), Swiss luxury watchmaker Hublot, which is a wholly-owned subsidiary of the French luxury conglomerate LVMH, announced a new limited edition watch called the “Big Bang Unico Essential Grey“. The watch comes in a limited edition of just 200, and is available online on the e-commerce platform http://hublot.com, and thanks to a […]

Bill Gates on BAYC: ‘Expensive Digital Images of Monkeys’ Will ‘Improve the World Immensely’

Microsoft Co-Founder Bill Gates, who is — according to Forbes — currently the world’s fourth richest person with an estimated fortune (as of 20 June 2022) of $121 billion, does not seem to be able to see the attraction of non-fungible tokens (NFTs), such as the very popular Bored Ape Yacht Club (BAYC), and he […]

Bank of America Report Shows Crypto Is Far From Dead

Results from a recent Bank of America (BofA) survey show that consumers are still enthusiastic about crypto and digital currencies as a form of payment.  According to a report by CoinDesk, earlier this week, BofA released a report showing that consumer interest in crypto has managed to rise despite the market correction, with many of those […]

75% of U.S. Retail Organizations Plan To Accept Crypto Within 2 Years, Says Deloitte

Multinational professional services company Deloitte has published survey data showing that nearly 75% of U.S. retailers intend to accept crypto payments within the next two years.  According to a report (titled “Merchants getting ready crypto”) prepared and published by Deloitte (in collaboration with PayPal), the market is preparing itself to fully embrace digital payments. Deloitte […]

Starling Bank CEO Slams Crypto, Calls It ‘Threat to Safety’

Anne Boden, Founder and CEO of U.K. digital bank Starling Bank, says that crypto poses a threat to existing global payment systems.  According to a report by CNBC, Boden reiterated her criticism against digital assets, warning that crypto is “very dangerous.” Boden made her comments at this year’s Money20/20 Europe conference (held 7-9 June 2022 in Amsterdam).  […]

Long Con Crypto Scammers Preying on Those Looking for Love Via Dating Apps

Some crypto scammers are reportedly building online relationships — via dating apps such as Tinder — with their victims so that they can then be parted with their money. According to a report published by The San Francisco Examiner earlier this month, techies in Silicon Valley have been hit hard by crypto fraudsters. The report […]

Finally! PayPal Allows Users to Move Crypto to External Wallets

PayPal has given into customer demand, announcing that users will finally be able to transfer their cryptoassets from their account to external wallets and exchanges.  According to a report by TechCrunch, PayPal has announced that users can now transfer their crypto outside of their PayPal account. Jose Fernandez da Ponte, SVP and general manager of […]

German Crypto Payment Processor Becomes a Customer of Ripple Liquidity Hub

On Tuesday (June 7), Californian FinTech firm Ripple announced a partnership with a German tech startup that specializes in processing cryptocurrency payments for luxury retailers. According to Ripple’s press release, Berlin-based startup Lunu has become a customer of Ripple Liquidity Hub, which allows “financial institutions and businesses” to “easily and efficiently source digital assets from […]

Bear Market Not Stopping Binance From Investing $500M Into ‘Web3’ Startups

Binance, which is the world’s largest crypto exchange by trading volume, has raised $500 million for a fund that will invest in Web3 despite the current bear market. According to a report by CNBC published on June 1, Binance Labs, the venture capital arm of Binance, has “raised $500 million for its debut start-up fund, […]

FTX CEO Sam Bankman-Fried Becomes Latest Billionaire to Sign the ‘Giving Pledge’

Sam Bankman-Fried (SBF), Co-Founder and CEO of crypto exchange FTX, has signed the Giving Pledge.  The Giving Pledge is an initiative, started in 2010 by Warren Buffett, Bill Gates, and Melinda Gates, that encourages some of the world’s richest individuals, couples, and families to publicly declare that they will dedicate the majority of their wealth to charitable causes “either during […]

Community College Dropout Turned Crypto YouTuber Now Making Millions

Brian Jung, a 25-year-old college dropout, made $3.7 million last year after becoming a full-time crypto YouTuber.  According to a profile by CNBC’s “Make It” series, Brain Jung decided to drop out of college in 2018 at the age of 21 to become an entrepreneur. Jung’s parents, who immigrated to America from South Korea, South […]

Singapore’s Deputy Prime Minister Warns Retail Investors To Avoid Crypto

Heng Swee Keat, Deputy Prime Minister and Coordinating Minister for Economic Policies, has warned retail investors not to get involved with crypto, saying that the industry needs greater regulation.  According to a report by The Register published on May 31, Keat gave a talk at the Asia Tech x Singapore (ATxSG) event (May 31 – […]

Formula 1 Going Crazy for Crypto

Formula 1 (F1), one of the most popular forms of racing around the globe, has gone crazy for all things crypto over the last several years.  According to a report by CNN, F1 has continued to embrace cryptoassets, despite the market imploding over the past few weeks. Of the ten F1 teams racing in the […]

Former U.S. Treasurer: ‘Cryptocurrency Is One of the Greatest Wealth Disruptors’

At the recent Future Innovation Summit in Dubai, Rosa “Rosie” Gumataotao Rios, 43rd Treasurer of the United States, and a member of Ripple’s Board of Directors, talked about blockchain technology and cryptocurrency. Rosie Rios’ Background On 18 May 2009, President Obama officially nominated Harvard-educated Rios as the Treasurer of the United States, and was confirmed […]

28-Year-Old Crypto Skeptic Molly White Calls Web3 ‘An Enormous Grift’

Massachusetts-based 28-year-old software engineer and Wikipedia editor Molly White, who has a blog called “Web3 Is Going Just Great“, is — according to Washington Post — “fast becoming the cryptocurrency world’s biggest critic.” Here is some information about White from her Wikipedia page: “White edits Wikipedia under the username ‘GorillaWarfare’. She began editing as a […]

Hedge Fund Legend Alan Howard Using ‘Highly Diversified’ Investment Strategy for Crypto

Hedge fund manager Alan Howard revealed that he is investing broadly across the crypto industry, including in several new projects.  Speaking in an interview with The Block, Howard, who is a co-founder of European hedge fund management company Brevan Howard, first began investing heavily in crypto startups in late 2020. Howard revealed that his investment […]

Mastercard Exec Explains How Crypto Can Go Mainstream

Mastercard’s VP Product for Digital Assets and Cross Border Payment Innovation says that crypto has to become “invisible” in order to reach mainstream audiences. Speaking at an online event hosted by smart contract platform Avalanche, Mastercard’s Harold Bossé explained that cryptoassets need to go “invisible” by integrating into existing financial systems. Bossé argued that integration, […]

Bloomberg: Crypto Firms Are Poaching UK’s Cyber Crime Police Officers

Crypto companies are reportedly targeting current and former police officers (especially those with experience of investing cyber crimes) in the U.K. with lavish salaries in a ramping up of hiring efforts.  According to a report by Bloomberg News, some of the biggest crypto firms — including Coinbase, Chainalysis, and Binance — are actively hiring law […]

Cardano Creator Thanks Davos 2022 for ‘Being a Walking Cryptocurrency and Blockchain Advertisement’

On Tuesday (May 24), Charles Hoskinson, who is Co-Founder and CEO of IO Global (aka “IOG”, formerly known as “IOHK”), the company responsible for Cardano’s research and development, credited Davos 22 for inadvertently promoting blockchain technology and cryptocurrency. Hoskinson was referring to concerns raised by some prominent members of the crypto community — such as Chinese-Canadian Bitcoin entrepreneur […]

Goldman CEO Is ‘A Real Bull on the Digital Disruption of Financial Infrastructure’

Recently, David Solomon, who is Chairman, CEO, and a member of the Board of Directors of  The Goldman Sachs Group, Inc., shared his thoughts on blockchain technology and cryptocurrencies. Solomon made his comments on May 18 during an interview with Andrew Ross Sorkin on CNBC’s “Squawk Box”. When asked how Goldman sees itself gitting into […]

‘Crypto Bros’ Are Moving to ‘Silicon Bali’

A growing number of crypto supporters are flocking to the beach resorts of Bali to live out their fantasies of a digital utopia.  According to a report by Financial Times (FT), Bali has become the premier destination for the world’s crypto enthusiasts. The report profiles the experience of 33-year-old Russian blockchain entrepreneur Ilia Maksimenka, who […]

BBC News: Gen Z Is ‘Hooked’ on Cryptocurrency and NFTs

A recent report by the BBC News details how Generation Z (“Gen Z” for short) has become completely hooked on the allure of cryptocurrency and non-fungible tokens (NFTs).  Her is how Wikipedia defines Gen Z: “Generation Z (or Gen Z for short), colloquially also known as zoomers, is the demographic cohort succeeding Millennials and preceding […]

BoE Deputy Governor for Financial Stability: Cryptoassets Have ‘No Intrinsic Value’

On Tuesday (May 17), Sir Jon Cunliffe, Deputy Governor for Financial Stability at Bank of England (BoE), spoke about cryptoassets at the three-day event “The Future of Everything“, which is hosted by Wall Street Journal (WSJ). According to his BoE bio, Sir Jon Cunliffe “became Deputy Governor for Financial Stability on 1 November 2013.” He […]

Cardano ($ADA) Founder Tells Newcomers to Crypto Market There Is No Reason To Panic

Charles Hoskinson, who is Co-Founder and CEO of IO Global (aka “IOG”, formerly known as “IOHK”), the company responsible for Cardano’s research and development, is doing his best to quell concerns over a crypto market recession, saying that large corrections are routine for the industry.  In a video released on his YouTube channel on May 11, Hoskinson […]

Some London Muggers Are Reportedly Targeting Crypto Investors’ Mobile Phones

A recent report by The Guardian claims that crypto muggings are on the rise in London, as thieves target phones in order to gain access to digital assets.  According to the report, police have warned that thieves are targeting digital currency investors in a wave of “crypto muggings.” Victims are reporting that thousands of pounds […]

Opera’s Crypto Browser Integrates With Binance’s BNB Chain

Opera (NASDAQ: OPRA), “the company behind the popular multi-platform web browser”, has added support for BNB Chain in its “Crypto Browser” project. On February 15, Binance announced BNB Chain, which it referred to as “the Evolution of Binance Smart Chain.” Binance said that the BNB Chain network has two components: “BNB Beacon Chain (previously Binance Chain) […]

More and More Moms Are Embracing Crypto to Help Their Families Get Richer

Moms are increasingly turning to crypto as the world edges towards a digital landscape.  According to a report by NBC News, moms are diving into the crypto space in an attempt to educate themselves on the digital landscape. The report profiles the efforts of Sarah Monson, who became motivated to learn about cryptocurrencies and NFTs […]

The Story of How One Man’s Crypto Addiction Nearly Ruined His Life

A recent report from a patient attending a rehab clinic in Thailand for his crypto addiction sheds light on what might be a growing problem for many around the word as crypto goes more and more mainstream. According to a report by CoinDesk, crypto addiction — while not often spoken about — is similar to […]

World’s Largest Family-Owned Private Bank Now Offers ‘Direct Investments’ in Crypto

On Wednesday (May 4), Liechtenstein’s LGT Bank, which is part of LGT Group, “the largest family-owned private banking and asset management group in the world”, announced that it “now offering direct investments in cryptocurrencies.” LGT, which was formerly known as The Liechtenstein Global Trust, is” owned by the princely House of Liechtenstein through the Prince […]

ECB Executive Board Member: Crptoassets Are ‘Creating a New Wild West’

On Monday (April 25), Fabio Panetta, who is a Member of the Executive Board of the European Central Bank (ECB), gave a speech in which he talked about the rapidly rising popularity of cryptoassets, the dangers they poses, and the importance of adequately regulating them. Here is how Panetta started his speech at Columbia University […]

Mastercard’s Head of Crypto Not Concerned About Threat From Blockchain Technology

Recently, Raj Dhamodharan, Executive Vice President of Blockchain / Digital Asset Products and Digital Partnerships at Mastercard, explained why his firm does not blockchain technology and cryptocurrency as threats to his firm’s principal business. Dhamodharan, who has been working at Mastercard for nearly 12 years (and before that he worked for around seven and half […]

Opera Launches Beta Version of Their ‘Crypto Browser’ for iPhone and iPad

Recently, Opera (NASDAQ: OPRA), “the company behind the popular multi-platform web browser”, announced the launch of iOS support for their “Crypto Browser” project. According to the press release issued by Opera on April 14, “Web 3 is gaining momentum, with a record 34 thousand developers having joined the space in 2021 to work on a growing number […]

‘Impulsive Psychopaths Like Crypto’, Says Recent Research Report

A recent research report by three academics based in Australia claims “the high risks and high potential returns of crypto trading make it attractive to the kind of people who like gambling.” According to a report by The Conversation published on April 11, the three academics — Di Wang, Senior lecturer at Queensland University of […]

Report: 3.6 Million Americans Will Be Using Crypto in 2022 To Pay for Purchases

A new report claims that 3.6 million Americans will use cryptoassets for purchases before the end of 2022.  According to a report by The Street, citing data from Insider Intelligence, crypto adoption is accelerating in 2022, with 10.7% of all crypto owners in the U.S. expected to use their digital assets for payments. The report […]

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