The "Big Short" investor, Michael Burry, returned to Twitter after deleting all of his posts to warn cryptocurrency and meme stock investors that the "mother of all crashes" could be on its ways, costing them tens of millions or trillions of dollars. Mr Burry made his name by betting against the housing market after predicting…
Former President Donald Trump called Bitcoin a “scam against the dollar” and urged US regulators to take action to monitor it on Monday.During an interview with Stuart Varney on the Fox Business Network, Trump was asked about his thoughts on cryptocurrency and the US stock market, which the ex-president said he was avoiding currently as…
Tesla CEO Elon Musk has hinted the company may sell – or have already sold – its bitcoin holdings in a Twitter exchange that triggered a sharp fall in the value of the cryptocurrency.After Twitter user @cryptowhale wrote: “Bitcoiners are going to slap themselves next quarter when they find out Tesla dumped the rest of…
Colonial Pipeline paid nearly $5m to ransomware group DarkSide following a cyberattack that forced the company to shut down its pipeline for six days, Bloomberg reports. Initial reports indicated that the Georgia-based company had no intention to pay the extortion fee while it attempted to restore full service to its operating system. But multiple sources…
Coinbase stock soared to value the company at a high of $112bn as it became the first major cryptocurrency company to go public.The company is the largest US crypto exchange and provides a string of financial services based on bitcoin and 50 other cryptocurrencies.Coinbase shares opened at $381 on the Nasdaq Global Select Market on…
In an announcement on Tuesday, Okung, 32, and Strike, a mobile payments company, said that the American Football player will be paid half of his $13m (£9.9m) salary in Bitcoin.The announcement came 19 months after Okung tweeted: “Pay me in Bitcoin.” On Tuesday, he quote tweeted his post and wrote: “Paid in Bitcoin.”Coindesk, which is…
At the age of 39, Moshe Hogeg has made millions of dollars trading in cryptocurrency, bought one of Israel’s most prominent soccer teams and brought in a wealthy Emirati sheikh as his new co-owner Now comes what may be his biggest challenge.As owner of Beitar Jerusalem the only major Israeli soccer club never to have…
From inside the secrecy of her tent in a sprawling camp in northeast Syria, Sara, a European woman affiliated with Isis, furiously messages people across the world begging them to send her cash. “I just need 15,000 dollars to escape to Turkey, Idlib or wherever,” she writes on an encrypted app in al-Hol, a squalid…
Taiwanese tech minnow HTC has unveiled its latest effort in its mission to subvert the power of established technology giants and return control back to the user. The Exodus 5G Hub, which HTC claims is "the world's most private router", comes with in-built privacy features that means the power of data transfer rests with the user. It…
By the measure of many cultural forecasts, we are already living beyond a future that was never realised. This year saw us pass the fictitious dystopia of Blade Runner, which foresaw flying cars and robots indistinguishable from humans. 2015 saw similarly unfulfilled predictions from Back to the Future II, although the film did manage to somehow…