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Young, Crypto-Savvy Voters May Hold Key to South Korea’s Next Election

Young, Crypto-Savvy Voters May Hold Key to South Korea’s Next Election

Presidential candidates woo young retail investors who may decide the outcome. The Takeaway: Young crypto investors have become a major force in South Korea’s March 9 election. Real policy details will come post-election once a new administration comes to power. Taxes, investor protections, the travel rule and policies to bring crypto companies back lo South […]

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Crypto Market Overview: BTC ETH Top Metaverse Coins Top NFTs

Crypto Market Overview: BTC ETH Top Metaverse Coins Top NFTs

In essence, the metaverse is a virtual world where you can live multiple lives, choose who you want to be, make friends from around the world, and do whatever you like. Virtually anything you can do in reality can be done in the metaverse. Crypto Market Overview: BTC ETH Top Metaverse Coins Top NFTs There

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Berkshire Hathaway surpasses Meta Platforms in valuation, demonstrating Warren Buffett’s long-term focus.

Berkshire Hathaway surpasses Meta Platforms in valuation, demonstrating Warren Buffett’s long-term focus.

Meta stock plummeted as much as 27% on Thursday, slashing the social-media group’s market capitalization to below $660 billion. It’s now worth almost $50 billion less than Warren Buffett’s Berkshire Hathaway, after exceeding the famed investor’s company in market value for nearly two years. The parent company of Facebook, WhatsApp, Instagram, and Oculus shocked the market by reporting its first-ever decline

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South Korea Jails Seven Masterminds of Country’s ‘Largest Crypto Fraud Scheme’

South Korea Jails Seven Masterminds of Country’s ‘Largest Crypto Fraud Scheme’

Seven executives of the collapsed South Korean scam cryptocurrency exchange, V Global, were recently handed lengthy jail sentences as punishment for their role in running one of the country’s biggest crypto frauds. Verdict Sets New Benchmark Seven former masterminds of the now-defunct scam crypto exchange, V Global, were recently given jail sentences for their part

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The fall of Peloton’s John Foley and the stock market’s big founder problem

The fall of Peloton’s John Foley and the stock market’s big founder problem

KEY POINTS Peloton founder John Foley stepped down from his CEO role on Feb. 8 following a tumultuous period for the connected fitness company. The departure of Foley, who led the company since its iteration in 2012, resurfaces the question of how long a company needs to be “founder-led.” A recent study suggests that while

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Here’s how traders got alerted to some of the biggest rallies of this week’s resurging market

Here’s how traders got alerted to some of the biggest rallies of this week’s resurging market

Crypto traders can use historical data to maximize their profits when the market flips back to bullish. This crypto winter wasn’t a very long one. Having briefly touched $34,000 in the second half of January, Bitcoin (BTC) is on its way up again, touching the $45,000 mark on Feb. 10. Many altcoins have been catching

Here’s how traders got alerted to some of the biggest rallies of this week’s resurging market Read More »

Uber CEO Says Firm Will ‘Lean Into Crypto’ When It Becomes ‘Environmentally Friendly,’ Less Expensive to Transact

Uber CEO Says Firm Will ‘Lean Into Crypto’ When It Becomes ‘Environmentally Friendly,’ Less Expensive to Transact

Speaking in an interview on Friday, Uber CEO Dara Khosrowshahi explained that the company will accept cryptocurrencies “at some point.” Khosrowshahi noted that there were two downsides to leveraging the cryptocurrencies like bitcoin, such as “the exchange mechanism is expensive, [and] it’s not great for the environment.” Uber CEO Says Firm Will Likely Accept Cryptocurrencies

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Digital Yuan Transactions Overtakes Visa during Beijing Winter Olympics

Digital Yuan Transactions Overtakes Visa during Beijing Winter Olympics

At the opening ceremony of the 2022 Winter Olympics in Beijing, the number of transactions using the digital yuan greatly exceeded Visa, according to a Wall Street Journal reported on Wednesday. At the time of the Beijing Winter Olympics, the Olympic Village, athletes and tourists can use cash, Visa cards or digital yuan for transactions. Many businesses

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NEW INTRODUCED BILL WOULD EXEMPT BITCOIN FROM MISSOURI TAXES

NEW INTRODUCED BILL WOULD EXEMPT BITCOIN FROM MISSOURI TAXES

State Rep. Christofanelli said he wants to create greater economic and political freedom in Missouri. Missouri State Representative Phil Christofanelli introduced a bill on Thursday seeking to exempt bitcoin from property taxes at the state, county, and local levels. “My goal is to ensure Missouri is open to innovation and opportunity as Bitcoin, other cryptocurrencies,

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Tether Blacklists Ethereum Address Linked to Multichain Hack

Tether Blacklists Ethereum Address Linked to Multichain Hack

The address, containing more than $715,000 of USDT stablecoins, traces back to hackers who stole $3 million from Multichain users. What to know Stablecoin issuer Tether has frozen an Ethereum address holding over $715,000 worth of USDT, according to data from block explorer site Etherscan. The address traces back to hackers who stole $3 million in cryptocurrency on the cross-chain bridge

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