Monday, February 24, 2025
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Billionaire investor John Paulson says crypto has ‘no intrinsic value’

Speaking in a recent interview, subprime short investor and billionaire portfolio manager John Paulson criticized the volatile nature of digital assets, while advocating for investments in traditional safe-havens such as gold.The co-founder of Paulson & Co, a New York-based firm launched in 1994, Paulson was a historic beneficiary from the U.S.

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FBI joins Mirror Trading probe in Africa to help recover US investor funds

Investigations into the South African company Mirror Trading International (MTI) – widely seen as last year’s most ruinous Bitcoin (BTC) Ponzi scheme – are now engaging the United States Federal Bureau of Investigation (FBI).MTI, which went into provisional liquidation in December 2020, claimed to have over 260,000 members across 170

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Bitcoin (BTC) Price Slumps below $40K as Investor Sentiment Turns Slightly Bearish

The world’s leading crypto experienced a market sentiment shift after rallying nearly 44% in a week, defying predictions that it would dip further toward the $20K range. However, the momentum seems to be slowing down after BTC faced a rejection yesterday and ranked below $40K. As of this article’s writing,

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UK Startup Flock Taps Chamath Palihapitiya as Lead Investor in $17M Series A Funding Round

The backing of the Flock’s funding round by Palihapitiya was born out of the conviction that the firm is all in to redefine the scope of our growing hyper-connected world.United Kingdom-based Connected car insurance startup Flock has completed its Series A funding round, pulling as much as $17 million. According

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Billionaire investor Mark Cuban to talk crypto on Blockchain & Booze tonight

“Shark Tank” star and Dallas Mavericks owner Mark Cuban will appear on tonight’s episode of Blockchain & Booze.Cuban is expected to talk about his fascination with decentralized finance and nonfungible tokens, and his views on the most imminent and compelling use cases for blockchain technology.The billionaire investor recently joined a

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