The “Oracle of Omaha” has increased Berkshire Hathaway’s cash holdings by $2 billion in Q1, signaling his decreasing confidence in risk assets. Source: https://cointelegraph.com/public/index.php/news/warren-buffett-dumps-13-3b-in-stocks-a-warning-sign-for-bitcoin-and-risk-assets
Personal finance expert and best-selling author Dave Ramsey has dismissed de-dollarization concerns and the prospects of a BRICS currency, the Chinese yuan, or the Russian ruble displacing the U.S. dollar in international trade. “They don’t have the muscle to take down the dollar,” he stressed. Dave Ramsey on De-Dollarization and Challenges From Alternative Currencies Personal finance guru and Ramsey Solutions…
Inside Mojo Melee’s Lore with Creator Mike Levine and Art Director Eric Campanella At the Game Developers’ Conference, Mojo Melee Creator Mike Levine and Art Director Eric Campanella tell Decrypt’s Kate Irwin about their autobattler game and its unique characters, which are also NFTs on Polygon. Source: https://decrypt.co/videos/interviews/BfIB2H5e/inside-mojo-melees-lore-with-creator-mike-levine-and-art-director-eric-campanella
Crypto mining firm Marathon Digital Holdings has announced it partnered with digital assets infrastructure company Zero Two to create a large-scale immersion Bitcoin mining facility in Abu Dhabi. In a May 9 notice, Marathon Digital said the joint venture will be based in Mina Zayed and Masdar City in the United Arab Emirates, comprising two mining sites with a combined…
Iranian president Ebrahim Raisi has called on the Central Bank of Iran to lay the groundwork necessary to ditch the U.S. dollar for bilateral trade settlements and to make the switch to use the Iranian real whenever possible. The Central Bank of Iran has already started implementing this policy, proposing to pay bilateral trades using Iranian reals in a recent…
It’s no secret that bear markets are challenging. A quick scan of top projects of any past market cycle will unveil how many once-promising projects have faded into oblivion. While these cycles are often discouraging, many fail to realize that with every market downturn comes the opportunity for innovation toward a stronger future for Web3. Just look at Uniswap and…
Fast-food giant Wendy’s will use AI to try and take a quantum leap in customer service, unveiling a new chatbot set to automate drive-thru service. The bot, trained on Google’s natural-language software, comprehends the diverse ways that customers order off the menu. It’s set to roll out in as a pilot program at a single Columbus, Ohio restaurant next month.…
A former Coinbase product manager was today sentenced to two years in prison for insider trading—the first of its kind in the crypto world. Ishan Wahi, 32, and his associates—including his brother, Nikhil—made over $1.5 million from investing in new digital assets just before they were listed by America’s biggest crypto exchange. Wahi was able to use his knowledge of…
Worldcoin, the project supported by Openai CEO Sam Altman, has launched the World App to complement the release of World ID. The application aims to democratize decentralized identities and finance by utilizing World ID to enable users to sign into different websites, crypto applications, and share personal data in a privacy-focused manner. Worldcoin Unveils World App The Worldcoin project made…
The bears appear to be out and about, with three straight weeks of negative sentiment among institutional investors. Digital asset investment products saw outflows of $54 million dollars last week, according to a new report by CoinShares. That’s a marked improvement from the $72 million outflows seen the last week of April. Digital asset investment firm CoinShares follows the investment…
