KEY POINTS Peloton founder John Foley stepped down from his CEO role on Feb. 8 following a tumultuous period for the connected fitness company. The departure of Foley, who led the company since its iteration in 2012, resurfaces the question of how long a company needs to be “founder-led.” A recent study suggests that while …
The fall of Peloton’s John Foley and the stock market’s big founder problem Read More »
Crypto traders can use historical data to maximize their profits when the market flips back to bullish. This crypto winter wasn’t a very long one. Having briefly touched $34,000 in the second half of January, Bitcoin (BTC) is on its way up again, touching the $45,000 mark on Feb. 10. Many altcoins have been catching …
Speaking in an interview on Friday, Uber CEO Dara Khosrowshahi explained that the company will accept cryptocurrencies “at some point.” Khosrowshahi noted that there were two downsides to leveraging the cryptocurrencies like bitcoin, such as “the exchange mechanism is expensive, [and] it’s not great for the environment.” Uber CEO Says Firm Will Likely Accept Cryptocurrencies …
At the opening ceremony of the 2022 Winter Olympics in Beijing, the number of transactions using the digital yuan greatly exceeded Visa, according to a Wall Street Journal reported on Wednesday. At the time of the Beijing Winter Olympics, the Olympic Village, athletes and tourists can use cash, Visa cards or digital yuan for transactions. Many businesses …
Digital Yuan Transactions Overtakes Visa during Beijing Winter Olympics Read More »
State Rep. Christofanelli said he wants to create greater economic and political freedom in Missouri. Missouri State Representative Phil Christofanelli introduced a bill on Thursday seeking to exempt bitcoin from property taxes at the state, county, and local levels. “My goal is to ensure Missouri is open to innovation and opportunity as Bitcoin, other cryptocurrencies, …
NEW INTRODUCED BILL WOULD EXEMPT BITCOIN FROM MISSOURI TAXES Read More »
The address, containing more than $715,000 of USDT stablecoins, traces back to hackers who stole $3 million from Multichain users. What to know Stablecoin issuer Tether has frozen an Ethereum address holding over $715,000 worth of USDT, according to data from block explorer site Etherscan. The address traces back to hackers who stole $3 million in cryptocurrency on the cross-chain bridge …
Tether Blacklists Ethereum Address Linked to Multichain Hack Read More »
