Cryptocurrency: CoinDesk may be going up for sale
Wanna buy some digital tulips? The cryptocurrency space is becoming a bonfire of failing businesses. Source: CoinDesk engages Lazard to explore sale as DCG crisis grows
Crypto: Crypto continues to melt down
Tulips might have been a better investment in their heyday: “Many Americans are coming to realize that cryptocurrency is just a speculative mania and the industry is rife with crooks,”…
Crypto: Regulator says crypto markets have massive fraud
The crypto currency market is rife with fraud, failures to comply with existing laws and big swings in volatility, but the recent implosion of digital currency exchange FTX hasn’t hampered…
Cryptocurrency, Climate: Crypto mining uses massive amounts of electricity
Cryptocurrencies are an energy hog, and are mostly powered by fossil fuel generators, depending on location: Buildings used to house cryptocurrency mining can create a massive strain on local electricity…
Why it is a good idea to ignore expert predictions
Adjacent headlines on CNBC this morning
Crypto, Finance: Bankman-Fried and most everyone connected to him may have been scammers, say some
But critics say Sam Bankman-Fried’s collapse shows that the movement was always morally compromised — “a con,” as author Anand Giridharadas put it — because it didn’t seem to care…