Nobody likes unexpected travel expenses and almost everyone likes to save money. Google is trying to cover both fronts by rolling out a new Google Maps feature that helps combat the anxiety of unexpectedly traveling on expensive toll roads. As part of the latest navigation platform software update, which aims to give users more useful information…
When I spoke with Sam Bankman-Fried three weeks ago, he was crypto’s golden boy. Worth about $15 billion, this quirky 30-year-old led one of the industry’s largest empires. Over the past few years, he’s palled around with Bill Clinton, graced the cover of Fortune magazine, and turned himself into a three-letter initialism: SBF. Toward the end of our rambling,…
In mid-November, as crypto markets reeled in the aftermath of FTX’s meltdown, Nobel Prize-winning economist Paul Krugman made use of his New York Times column to disparage crypto assets — again. Despite his unquestionable academic credentials, Krugman reiterated a common misunderstanding in his attempt to understand crypto assets — by conflating Bitcoin BTC $17,176 with other cryptocurrencies….
Since their inception, cryptocurrencies have seen rapid growth and widespread market adoption, as evidenced by the assets tied to crypto assets that have started to appear in the portfolios and trading methods of numerous asset managers. The process of purchasing and selling cryptocurrencies to profit is known as cryptocurrency trading. Trading in cryptocurrencies can be defined in terms of its objective,…
KEY POINTS Bitcoin fell to a week-and-a-half low on Monday and other major cryptocurrencies fell sharply, as the impact from the dramatic collapse of FTX continues to ripple through the market. The cryptocurrency market has come under pressure over the last two weeks as problems at major exchange FTX came to light. Bitcoin dropped to a…
I have been somewhat unsure of what to make about The Wall Street Journal and The New York Times’ reports about text messages, sent on Signal, between rivals Changpeng “CZ” Zhao and Sam Bankman-Fried around the time FTX went up in smoke. That’s because I am not entirely sure who leaked them or who stands to benefit. But I’m pretty sure someone leaked to…
Cryptocurrencies are one of the upcoming technologies that have peaked over the past decade. Cryptocurrency terminologies like distributed ledgers, bitcoin, and blockchain aren’t old terms to people who follow the trend. Several financial analysts have identified crypto casinos and crypto organizations as points that could completely revolutionize the traditional money system. And crypto has recently found its…
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