Love him or hate him, Microsoft co-founder Bill Gates has come out with a statement that most hard-working Americans and investors will agree on–cryptocurrency is based on The Greater Fool Theory, similar to what other respected investors have been saying for […]
The commercial real estate market is currently valued at $11 trillion and it’s expected to grow to $40 trillion over the next two decades. Despite the ongoing technology disruptions in other industries, the real estate market is still plagued with antiquated […]
Crypto businesses inhabit a world of blockchain, tokens, DAOs, and community governance, while traditional businesses occupy a sphere free of such jargon and onchain phenomena. And never the twain shall meet…only that’s no longer correct. The gulf between web2 and […]
Just last month, we covered Ankr after the Web3 infrastructure provider announced a partnership with Pocket Network in a major push to achieve a fully decentralized infrastructure for the Web3 ecosystem. Since then, the Ankr team has been working behind the scene […]
As of the end of 2021, the United States had 93 operating commercial nuclear reactors at 55 operational nuclear power plants in 28 states, according to data from the US Energy Information Administration (EIA). Unknown to most Americans, nearly half […]
Low-code/no-code (LCNC) app development is expected to dominate enterprises. Gartner predicts that by 2025, 70 percent of the new applications created by organizations will employ LCNC technologies, triple its 25 percent level in 2020. There’s no doubt that it will […]
Remember Michael Saylor? He was the guy who encouraged naive retail investors to liquidate every asset they own to buy Bitcoin on leverage. We covered Saylor back in April when his company MicroStrategy purchased additional 4,167 bitcoins for ~$190.5 million at an average […]
Electric Last Mile Solutions (ELMS), an EV-truck tech startup focused on defining a new era by transforming commercial fleets to drive e-mobility, has filed for Chapter 7 bankruptcy. In an announcement on Sunday, ELMS said it’s planning to liquidate the […]
Earlier today, Crypto lender Celsius announced it was freezing all withdrawals and transfers for all of its 1.7 million crypto customers due to what the crypto startup described as “extreme market conditions.” Now, the crypto withdrawals appear to be spreading to […]
For about a month now, bitcoin has been hovering between $28,000 and $32,000. Now, the world’s most popular cryptocurrency suddenly fell to $26,151 as the report of the US latest inflation data ripples across the financial markets. As of press […]
In April 2021, Washington State approved a bill to ban the sales of new gasoline-powered vehicles by 2030, making it the third state after California and Massachusetts to ban ICE vehicles. The state said the ban will drastically reduce the demand for […]
Earlier this week, we wrote about Tesla CEO Elon Musk after he said he had a “super bad feeling” about the economy and wants to cut about 10% of jobs at his company. Musk’s instinct was right. He foresaw what […]
As blockchain technology moves into the mainstream and serves as the underpinning technology for cryptocurrencies, one company that continues to push the boundary is Syscoin. They’ve been innovating their blockchain architecture to offer the most capable platform with Bitcoin’s security, Ethereum’s flexibility, […]
In early May, TerraUSD (UST) stablecoin collapsed and lost 99% of its value, wiping out the life savings of crypto investors as traders offload the cryptocurrency. Terra was ranked among the top 10 most valuable cryptocurrencies before the collapse. The sudden […]
The United States is currently at near-record-low unemployment and a strong labor market. While millions of Americans quit their job due to the Great Resignation, we’re surprised to learn that bob scams are still on the rise. The business and […]
It was just a few days ago that Singapore-based Decentralized Finance (DeFi) platform Cake DeFi celebrated its 3rd Anniversary with over $317 million in payout to its customers. Despite the recent downturn in the crypto market, the fintech startup also posted a record […]
While tech companies are still reeling from a wave of layoffs and hiring freeze, music streaming giant Spotify said on Wednesday that it expects to reach $100 billion in annual revenue, nearly 10-fold from its 2021 revenue of $11.4 billion. Since its inception about […]
In December of 2020, we wrote about Baidu after the China search giant announced it was looking into developing its own electric vehicles (EVs). At the time, Baidu was reportedly in talks with Chinese carmakers about making its own EVs. Then in […]
Once written off as a fad by many including us, the NFT market has now surpassed $20 billion. In 2021 alone, NFT collectors and traders spent $22 billion on NFTs, up from $100 million in 2020, according to the Guardian. But the […]
Trading giant Citadel Securities is building a “cryptocurrency trading ecosystem” in collaboration with high-frequency trading and market-making firm Virtu Financial. The new crypto trading marketplace will enable retail brokerages to offer crypto-executions to their customers, CoinDesk reported, citing a source with direct knowledge of […]
