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Shark Tank star and the owner of the NBA team Dallas Mavericks, Mark Cuban, says recent blowups in the crypto space, including the FTX implosion, “have been banking blowups,” not crypto blowups. He also explained why he invests in crypto. Recent Blowups Aren’t Crypto Specific Mark Cuban explained on Twitter Saturday that
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TRUMPLOSE was part of FTX’s prediction market, where degens made big bucks betting on — or against — Trump or Biden during the 2020 election. Weirdly it’s still on their balance sheet. Original Source
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On top of that, at risk of sounding like a Luddite, I also think consumers are wising up to one of the problems with contemporary business: complexity. Sure, without complicated things we wouldn’t have, say, circuit boards. But there’s a glut of companies, businesses, movements and jobs that can’t be
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Tesla CEO and Twitter chief Elon Musk has informed Twitter employees that the company’s “economic picture ahead is dire.” Noting that “bankruptcy isn’t out of the question,” the billionaire stressed that “Without significant subscription revenue, there is a good chance Twitter will not survive the upcoming economic downturn.” Twitter Could Go
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MATIC price started a major increase from the $0.840 support zone. Polygon buyers pumped the price above $1.20 and there could be more upsides. MATIC price rallied above the $1.00 and $1.20 resistance levels against the US dollar. The price is trading well above $1.00 and the 100 simple moving average (4-hours). There
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If we believe in this, then we are just beginning our journey. The metaverse that many seem to think is just around the corner is the Spielbergian Ready Player One version. A fully immersive, almost photorealistic fantasy world where you can be a superheroic player, have access to endless information,
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Joel Krueger, a Freeway adviser, called himself the “Global Chief Investment Officer” of Aon — but the British insurance giant told CoinDesk that is not true. Original Source
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The numbers don’t lie, either. RTFKT’s Discord server currently boasts just under 232,000 members. By contrast, Adidas sits at almost 57,000 at the time of writing. Web3 natives like CryptoPunks and Bored Apes Yacht Club (both owned by Yuga Labs) are also trailing behind, with 71,000 and 172,000, respectively. Source
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Web 3 Isn’t Dead, Despite What Critics Might Say Source
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Ethereum failed to clear the $1,350 resistance and corrected lower against the US Dollar. ETH is holding the key support and might
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