Elon Musk May Have Lost 100s of Millions on His February Bitcoin Gamble
News analysis In February this year cryptocurrency enthusiasts were abuzz about one of the most notable Bitcoin transactions in recent history. Tesla Motors, led by controversial billionaire Elon Musk, announced it had purchased $1.5 billion...
Crashing Crypto Market Has Investors Openly Contemplating Suicide
It’s been a bad week for the cryptocurrency markets, perhaps the worst since Bitcoin became mainstream. Mere months ago cryptocurrency forums were in celebratory mode, riding a bear market that saw numerous cryptocurrencies hit all...
NFTs Are Shaking Up Online Investment Circles; What Exactly Are They and Are They a Good Investment?
If you’ve been on the internet recently you have probably run into an NFT or non-fungible token. Investors are pouring millions of dollars of capital into these digital assets that run on a blockchain, the...
Crypto Users Lose More Than $8 Billion to Scams and Hacks in 2021
Although cryptocurrency holders and enthusiasts alike may tout the technology as the future of international finance, its characteristics as cross-border, decentralized, Internet money leave users vulnerable to security flaws not seen in physical assets or...
Cryptocurrency Markets Buckle After China Cracks Down Further on Bitcoin Mining, Crypto Trading
China’s central bank urged banks and payment firms on Monday to crack down further on cryptocurrency trading and mining in China, sending the cryptocurrency market into a tailspin and resulting in the loss of billions...
