Cryptocurrency
Justin Bieber, Gwyneth Paltrow and Ashton Kutcher are among dozens of celebrity investors piling into crypto startup MoonPay
MoonPay CEO and co-founder Ivan Soto-Wright speaking at the Bitcoin 2021 conference in Miami, Florida. Eva Marie Uzcategui | Bloomberg | Getty Images What do Justin Bieber, Gwyneth Paltrow, Snoop Dogg and Ashton Kutcher all have in common? Aside from being A-list celebrities, they’re among more than 60 new investors in fintech startup MoonPay. Additional […]
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Want to be paid in crypto? Here are the rewards — and the risks
There’s no denying that with the Great Resignation, workers are more empowered to seek what they want from their jobs. Other than flexibility and better benefits, a new workplace perk is gaining popularity — the option of being paid in digital currency. According to a global poll by financial consultancy deVere Group, cryptocurrencies could become […]
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Bitcoin falls below $40,000 for the first time in almost a month as investors assess global macro risks
A Bitcoin logo inside a BitBase cryptocurrency exchange in Madrid, Spain, on Thursday, March 17, 2022. Angel Navarrete | Bloomberg | Getty Images The price of stumbled on Monday as investors assessed the risks from rising rates and the potential for more tightening by the Federal Reserve. Bitcoin last fell 7% to $40,009.78, according to […]
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Binance deepens Middle East expansion with ‘in-principle’ Abu Dhabi approval; CEO says ‘more to come’
Binance CEO Changpeng Zhao said the company is “not shunned elsewhere” and that there’s “more to come.” Wei Leng Tay | Bloomberg | Getty Images Cryptocurrency exchange Binance has obtained a provisional green light from Abu Dhabi regulators, deepening its expansion in the Middle East. The company said Sunday it was given approval “in principle” […]
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Cathie Wood says banks have a ‘big problem’ thanks to crypto
Cryptocurrency was initially created to sidestep old institutions – and banks may finally be feeling themselves get disrupted, Ark Invest CEO Cathie Wood said. Known for her high risk high reward strategy, Wood told CNBC’s “Crypto World” Thursday that the amount of interest investors are showing in DeFi, or decentralized finance, applications could threaten the […]
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Tesla, Block and Blockstream team up to mine bitcoin off solar power in Texas
Solar panels are seen in this drone photo at the Impact solar facility in Deport, Texas, July 15, 2021. Drone Base | Reuters MIAMI — Blockstream and Jack Dorsey’s Block, formerly Square, are breaking ground on a solar- and battery-powered bitcoin mine in Texas that uses solar and storage technology from Tesla. Tesla’s 3.8 megawatt […]
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Crypto trading platform eToro launches $20 million NFT fund as industry approaches inflection point
Physical artwork for a Bored Ape NFT on display at a cryptocurrency exchange in Hong Kong. Paul Yeung | Bloomberg | Getty Images Trading platform eToro unveiled a $20 million fund to purchase NFTs and bolster creators. The firm announced the launch at the Bass Contemporary Art Museum in Miami Thursday. The trading platform’s fund […]
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Bitcoin 2022 kicks off in Miami, crypto prices plunge, and DeFi with bitcoin: CNBC Crypto World
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, CNBC’s MacKenzie […]
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This crypto fund has outperformed bitcoin for the last five years. Here’s how
A visual representation of Bitcoin. Edward Smith | Getty Images In a space filled with venture investors and traders, a blockchain fund run by value managers thinks it can give investors greater returns than bitcoin itself. Bitcoin has been called the best performing asset of the decade by some. Off the Chain Capital, a fund […]
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World’s biggest darknet marketplace, Russia-linked Hydra Market, seized and shut down, DOJ says
U.S. Attorney General Merrick Garland speaks to the press at the Justice Department after all three defendants were found guilty of federal hate crimes for murder of a young Black man, Ahmaud Arbrey in Washington, DC, U.S., February 22, 2022. Nicholas Kamm | Reuters Hydra Market, which was considered to be the world’s largest and […]
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