Within a decade, 1 billion people will have used or tried crypto, up from about 200 million currently, Coinbase Global Chief Executive Officer Brian Armstrong said at the Milken Institute Global Conference on Monday. From a report: “My guess is that in 10-20 years, we’ll see a substantial portion of Read more…
There’s a new metaverse project from the creators of the “Bored Apes Yacht Club” NFTs. Last night they held a “virtual land” sale, reports Bloomberg, raising nearly a third of a billion dollars. At about the same time, Mashable noticed something else happening: If you were trying to complete a Read more…
Investor Warren Buffett addressed the annual shareholder meeting today for his multinational holding company Berkshire Hathaway — and said he still wouldn’t buy bitcoin. But this time he gave a detailed explanation why. “Whether it goes up or down in the next year, or five or 10 years, I don’t Read more…
“Fort Worth, Texas, is now the first city government in the United States to mine bitcoin,” reports CNBC. “[A]nd in an almost poetic devotion to the initiative, Mayor Mattie Parker oversaw the construction of a small mining farm in City Hall.” Three Bitmain Antminer S9 mining rigs will run 24 Read more…
The Central African Republic (CAR) has approved Bitcoin as legal tender — just the second country to do so. CAR is one of the world’s poorest countries, but is rich in diamonds, gold and uranium. It has been wracked by conflict for decades and is a close Russian ally, with Read more…
A new breed of cryptocurrencies is seeking to replicate the stability of the dollar. But critics say they are a disaster waiting to happen. So-called “algorithmic stablecoins” have surged in popularity in recent months, spurring debate over whether they are good for the crypto industry. They are the edgy upstart Read more…
For nearly two years, netting a PS5, Xbox Series X, or AMD Radeon and Nvidia RTX graphics cards without paying a fortune has been a matter of luck (or a lot of skill). At its peak, scalpers were successfully charging double or even triple MSRP for a modern GPU. But Read more…