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The CEO of Uber said the ride-hailing app will ‘absolutely’ accept crypto at some point
- February 11, 2022
- Posted by: MasterAdmin
- Category: Cryptocurrency
No CommentsUber CEO Dara Khosrowshahi.
Riccardo Savi/Getty Images for Concordia Summit
Uber CEO Dara Khosrowshahi is not closing the door on accepting crypto as payment for his firm. “Is Uber going to accept crypto in the future? Absolutely. At some point,” he told Bloomberg. The executive said he and his team are constantly discussing the possibility, though some factors are holding them back.…
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Global stocks and crypto down as investors dump risk assets after US inflation hits 40-year high
- February 11, 2022
- Posted by: MasterAdmin
- Category: Cryptocurrency
Malte Mueller/Getty Images
Data on Thursday showed US inflation had risen 7.5% year-on-year, sending US stocks into the red. Equities tumbled across Asian and European markets on Friday, as investor risk appetite fell. The cryptocurrency market remained relatively stable on Friday, down slightly.
Global shares slid on Friday, after data showed US consumer inflation ran at a new 40-year high in January, fueling fears that the Federal Reserve may be behind the curve in tackling rising price pressures and prompting investors to ditch riskier assets.…
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Legendary investor Bill Miller says bitcoin is insurance against financial catastrophe – and he still has a ‘very big position’ in it
- February 11, 2022
- Posted by: MasterAdmin
- Category: Altcoins
Bill Miller, chairman and CIO of Miller Value Partners.
Heidi Gutman/CNBC/NBCU Photo Bank/NBCUniversal/Getty Images
Bitcoin is insurance against financial catastrophe, legendary investor Bill Miller told CNBC Wednesday.
Miller said he still holds a very big position in the cryptocurrency, even as it trades 36% below its record high.
He touted KPMG Canada’s allocation of bitcoin and ether to its balance sheet as a bullish move.… -
FTX boss Sam Bankman-Fried calls for tougher regulations to tackle crypto scams, following arrests linked to $4.5 billion bitcoin hack
- February 10, 2022
- Posted by: MasterAdmin
- Category: Cryptocurrency
Sam Bankman-Fried co-founded the crypto exchange FTX in 2019.
FTX
Sam Bankman-Fried has called for more federal oversight of the crypto industry, after a number of high-profile hacks and scams. He said those launching coins or projects should have to follow tougher disclosure and anti-fraud rules. His comments came after a couple were arrested for alleged money laundering in connection to a $4.5 billion hack on the Bitfinex exchange in 2016.…
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ApeDAO token is on the rise after community vote to liquidate its collection of NFTs passes and auction process begins
- February 10, 2022
- Posted by: MasterAdmin
- Category: Cryptocurrency
OpenSea
ApeDAO is going ahead with its NFT liquidation after the community voted in favor of the sale.ApeDAO’s token jumped as much as 7% on Thursday as the bidding process began for its NFTs.The DAO plans to list its entire Bored Ape Yacht Club assets for a minimum of 12,000 ether, worth about $37.8 million.
ApeDAO’s token price jumped as much as 7% on Thursday as it moves forward with the liquidation of its NFT portfolio after a community proposal to sell the collection passed with overwhelming support last week.…