Tesla’s $1.5 Billion Investment May Suffer A Setback Due to Elon Musk’s Bitcoin Bet
Tesla may have to write off a portion of its assets as a result of the Bitcoin market’s poor performance this quarter. Tesla invested a massive $1.5 billion in Bitcoin in February of this year, according to reports. According to CNBC, that investment could come back to bite them as a result of the recent […]
New York State Fines Robinhood Crypto $15M Over Security And Anti-money Laundering Issues
The $15 million fine imposed by the state of New York is the latest in a string of fines levied on Robinhood. It also emphasises the regulatory danger of working in the cryptocurrency space. Robinhood has set aside $15 million to settle a legal dispute with the New York State Department of Financial Services (NYDFS) […]
Visa’s Head Of Crypto Confirms Visa’s Partnership With Over 50 Crypto Companies To Enable Clients To Spend And Convert Digital Currencies
This implies that clients can make purchases from any retailer who accepts Visa, including those who do not take cryptocurrency. During the first six months of 2021, more than $1 billion was spent on Visa cards that were linked to cryptocurrency . FTX and Coinbase are among the cryptocurrency companies with which Visa has partnered […]
Hope For Desperate Crypto Users As Reality Show Cast Users Locked Out Of Their Wallets To Help Them Remember Their Passwords
A new casting call is seeking anyone interested in appearing in a reality show about crypto users who are locked out of their wallets. Specifically, the casting director inquires as to whether cryptocurrency users are willing to utilise all of their remaining tries to get their cash in front of the camera. Crypto users at […]
Is Cardano’s price going to hit $2 in July? Maybe a Yes!
Cardano has rebounded from the recent sell-off, as have all other cryptocurrencies. Bitcoin and Ethereum were moving upward over the weekend. Although the price of ADA has yet to increase over $2, there are some signs that it may do so soon. Furthermore, by offering regular updates targeted at improving the blockchain, the Cardano network […]