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
Skeptical on: Business, Tech, Energy, Global issues
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
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,”…
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…
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…
Adjacent headlines on CNBC this morning
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…