It’s all fun and games in DeFi… until you lose money and wish you had consumer protections….
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Mark Cuban. Source: A video screenshot, Youtube/Vanity Fair
DeFi protocol Iron Finance suffered a massive impact to their TITAN token in what they described as a "bank run," and what many in the Cryptoverse called a rug pull - but inadvertently providing an important warning for algorithmic stablecoins, with Dallas Mavericks owner Mark Cuban finding himself among the victims too.
IRON…
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“Live and learn,” Cuban told Decrypt….
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The billionaire entrepreneur is putting even more money behind Ethereum-based products….
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Personal finance guru and best-selling author Suze Orman has given advice on how to invest in bitcoin. She likes the cryptocurrency as a long-term investment despite regulatory uncertainty and the influence Tesla CEO Elon Musk seems to have on the bitcoin market. Suze Orman’s Bitcoin Investing Advice Suze Orman has shared her bitcoin investment strategy […]…
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On June 13, the billionaire investor and co-host of the television series Shark Tank, Mark Cuban, explained his fascination with decentralized finance (defi) in an editorial published to his blog. Cuban details that many defi organizations are different because they are not corporate entities or based in the United States. He believes that “no one […]…
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The company tells Decrypt Elon Musk’s tweets sped up its plans to go carbon-neutral, which is planned to happen within a year….
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Courtesy of Coindesk
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On Sunday, Tesla’s CEO Elon Musk tweeted that when there’s “confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions.” However, there’s a big problem with this goal, as nobody knows exactly how to measure 50% clean energy usage let alone precisely where miners are geographically […]…
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