When Jackson Aw was introduced to blockchain technology in 2018, he "didn't get it at all.""Can someone dumb it down even further for me? Like, can you just tell me what I can get as a consumer?" That … [Read more...] about Here’s why a multi-million toy business is venturing into the metaverse
Cryptocurrency
Sam Bankman-Fried rescues crypto lenders BlockFi, Voyager
With no central bank willing to come to the rescue, beleaguered crypto companies are turning to their peers for help.Billionaire crypto exchange boss Sam Bankman-Fried has signed deals to bail out two … [Read more...] about Sam Bankman-Fried rescues crypto lenders BlockFi, Voyager
FTX, other crypto firms ditch sports deals as market collapses
Cryptocurrency companies poured billions of dollars into sports sponsorships in 2021 — but this year's downturn has made the flood of cash dry up, The Post has learned. As a so-called “crypto … [Read more...] about FTX, other crypto firms ditch sports deals as market collapses
What is staked ether (stETH) and why is it causing havoc in crypto?
Ether is the second-largest cryptocurrency in the world by market value.Jaap Arriens | NurPhoto via Getty ImagesAnother controversial cryptocurrency is causing havoc in the digital asset market — and … [Read more...] about What is staked ether (stETH) and why is it causing havoc in crypto?
Coinbase’s layoffs show growing callous side of crypto’s plummet
Let's start with the premise that there's never a perfect way to tell people they're being “downsized,” a ridiculous euphemism for the dreaded corporate layoff. But there are better ways than what … [Read more...] about Coinbase’s layoffs show growing callous side of crypto’s plummet
Elon Musk Says He Is Buying the Crypto Dip
This is undoubtedly the wake-up call the cryptocurrency market needed.Now, will this be enough to stabilize prices, the next few hours will tell, but there are still many questions, especially about … [Read more...] about Elon Musk Says He Is Buying the Crypto Dip
We’re Sorry, But We Can’t Return Your Money Right Now: Crypto Market Talk
Cryptos excruciating week has traders bracing for next crisisIt was one of the most dramatic weeks in the short history of the cryptocurrency market, bookended by the type of announcements investors … [Read more...] about We’re Sorry, But We Can’t Return Your Money Right Now: Crypto Market Talk
Bitcoin drops below $20,000 as crypto selloff quickens
NEW YORK (AP) — The price of bitcoin fell below $20,000 on Saturday for the first time since late 2020, in a fresh sign that the selloff in cryptocurrencies is deepening. Bitcoin, the most popular … [Read more...] about Bitcoin drops below $20,000 as crypto selloff quickens
Bitcoin price drops below $18,300 as sell-off accelerates
Bitcoin plunged to $18,248, and ether fell to $944 as of mid-afternoon on Saturday, as the sell-off in the crypto market accelerates. The world's two most popular cryptocurrencies are down more than … [Read more...] about Bitcoin price drops below $18,300 as sell-off accelerates
Why the $2 trillion crypto market crash won’t kill the economy
Francesco Carta Fotografo | Time | Getty ImagesCarnage in the crypto market won't let up, as token prices plummet, companies lay off employees in waves, and some of the most popular names in the … [Read more...] about Why the $2 trillion crypto market crash won’t kill the economy