The world’s top 10 billionaires lost a combined $37.7 billion due to the crash of the stock market on Monday. Amid intensifying fears over the coronavirus, the United States stock market saw another historic day causing whopping losses for the world’s richest people. On March 9, the U.S. stocks experienced another dismal day, with major […]
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Subsequently after experiencing a major outage last week, stock and cryptocurrency trading app Robinhood is down again. After experiencing a major outage last week, major stock and cryptocurrency trading app Robinhood is troubled again. Robinhood encountered another technical outage on Monday, causing its platform to halt trading services, according to a March 9 tweet by […]
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Investment firm executives battle it out over Bitcoin on CNBC, debating when the SEC might approve a Bitcoin ETF, stablecoins, and whether there is a need for Bitcoin at all. Several investment firm executives have debated the likelihood of the U.S. Securities and Exchange Commission (SEC) licensing a U.S.-based Bitcoin (BTC) exchange-traded fund (ETF) during […]
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Ethereum co-founder Vitalik Buterin and Tesla CEO Elon Musk want Jack Dorsey to stay as chief executive officer of Twitter. While Twitter CEO Jack Dorsey could potentially be ousted by investors, at least two major figures in the crypto industry have already voiced support for the exec. Vitalik Buterin, co-founder of major cryptocurrency project Ethereum, […]
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The Ethereum community is still engaged in bitter debates on ProgPoW and ASIC resistance, which some believe exposed the ‘suboptimal’ nature of its governance. The Ethereum (ETH) community has recently been engaged in a bitter debate sparked by a proposed mining algorithm change. Dubbed ProgPoW, the proposal would invalidate all currently existing ASICs to only […]
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2020 has already been remarkably eventful for the crypto industry, and security breaches are no exception. As the cryptocurrency industry continues to mature, security remains a major challenge. Over the last few weeks, a number of cryptocurrency exchanges — namely, OKEx, Bitfinex, Digitex and Coinhako — have experienced security breaches. Although the attackers apparently did […]
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Blockchain and cryptocurrencies are as disruptive as they are polarizing. Here are the opinions of the world’s richest people on the technology. For the past decade, blockchain, Bitcoin (BTC) and other cryptocurrencies have disrupted everything they have touched — including banking, hedge funds, law enforcement, health care and real estate to name a few. Blockchain […]
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Cryptocurrencies fall ill as coronavirus fears grip the market, Anthony Pompliano attacks Warren Buffett, and CZ calls Craig Wright a “disgrace.” Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — […]
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Well known activist investor Elliott Management has called for Jack Dorsey to be replaced as CEO of Twitter. Billionaire investor, Paul Singer, is pushing for the removal of Jack Dorsey as CEO of Twitter. According to a CNBC article dated Feb. 28, the Elliott Management founder and activist investor is concerned about Dorsey’s time being […]
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Virgin Galactic’s chief executive believes that every person should invest 1% of their net wealth in Bitcoin as crisis insurance. Chamath Palihapitiya, the billionaire chairman of spaceflight company Virgin Galactic, has recommended that everyone hold Bitcoin (BTC) as a form of crisis insurance. Speaking on CNBC’s Squawk Box, Palihapitiya said he believes that “everybody should […]
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