Elon Musk’s ‘DOGE’ gov meme sends political speculation soaring
Musk previously signaled he was ready and willing to serve if Donald Trump is elected president of the United States.
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Crypto Hedge Funds Saw 46% Loss in 2018 Bear Market, PwC Report Says
The 2018 cryptocurrency bear market cost the median crypto hedge fund almost 50%, a new survey headed by PwC revealed on May 12.According to the findings, around 150 cryptocurrency hedge funds survived last year, which saw bitcoin (BTC) falling from $20,000 to just $3,000.Of those, the median loss came in at 46%, while quantitative funds…
Kraken shuts down global headquarters as ‘San Francisco is not safe’
In a Tweet, Kraken CEO Jesse Powell has made the decision to close the Kraken global headquarters in San Francisco. 839 Total views 17 Total shares The Golden City is losing its shine as one of the largest United States-based cryptocurrency exchanges closes its San Francisco-based headquarters. Kraken CEO, Jesse Powell retweeted that Kraken will close…
Fox teams up with Rick and Morty co-creator on animated NFT series
Fox will launch a nonfungible token marketplace for its upcoming animated series, Krapoplis. Fox Broadcasting Company has teamed up with Rick and Morty co-creator Dan Harmon to develop what they describe as the “first-ever animated series curated entirely on the Blockchain.”The animated comedy series, dubbed “Krapopolis,” will be launched alongside a dedicated marketplace that will…
Ex-FTX exec ‘not worried’ about reporting to prison on Oct. 11
Ryan Salame pleaded guilty to conspiracy to make unlawful political contributions and defraud the Federal Election Commission after FTX’s collapse.
Crypto hotspots continue to thrive despite FTX collapse
The sudden failure of FTX has left many people questioning the impact this will have on the cryptocurrency ecosystem. For instance, it remains questionable whether or not crypto hotspots will continue to flourish or if there will be a decline in innovation. While it may be too soon to fully understand the impact of the FTX…
Founders should consider VC firms their allies as they build in the bear market
This year’s bear market trajectory should be looked upon as a favorable opportunity for Web3 founders to raise capital and build cutting-edge products. Some of the most robust businesses today were built during market downturns, and founders now have a real opportunity to ensure they’re building products and services that meet genuine, real-world needs and…
Securities Regulator Says Crypto Investments Are Top Investor Threat in 2020
Cryptocurrency investment is among the top five investor threats for 2020, according to the North American Securities Administrators Association (NASAA).The NASAA, the oldest international investor protection organization, has officially announced the top five products or schemes likely to defraud investors in the coming year. In order to provide the report, the authority surveyed state and…
Polkadot gains 75% in one week — But can DOT price reach $20 next?
Bitcoin (BTC) has made significant moves already this year but altcoins are catching up. Once Bitcoin’s price starts to stabilize, the market environment becomes better for altcoins to begin their run. One of the strongest performers in 2021 is Polkadot, as this cryptocurrency has been making new all-time highs day in, day out. Polkadot’s price rallied…