Charlie Shrem went from running a small online business to becoming a Bitcoin millionaire and making the cover of Forbes magazine. And then, he went to prison. In the latest episode of Cointelegraph’s Crypto Stories, Shrem tells the story of how he founded BitInstant, grew it into a multimillion-dollar Bitcoin empire, an then was arrested
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Google DeepMind researchers have discovered 2.2mn crystal structures that open potential progress in fields from renewable energy to advanced computation, and show the power of artificial intelligence to discover novel materials. The trove of theoretically
Have you ever wanted a second chance, the opportunity of a true do-over? When it comes to taxes, you can amend your tax returns, but that isn’t the same as starting over. If you sell your house but in six months refund the money and take back the house did you ever sell it? If
In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett (L), CEO of Berkshire Hathaway, and vice chairman Charlie Munger attend the 2019 annual shareholders meeting in Omaha, Nebraska, May 3, 2019. Johannes Eisele | AFP | Getty Images Charlie Munger’s unique partnership with Warren Buffett, spanning over half a century, helped forge
Illinois sold the first general obligation bonds of its fiscal year into a favorable market Tuesday, seeing spreads continue to tighten considerably from what the state could garner prior to a trifecta of ratings upgrades throughout 2023, in line with recent institutional secondary trading. The state saw its spreads to triple-A yield curves on $875
A new Bitcoin nonfungible token (NFT) marketplace aims to reduce network fees associated with the advent of Bitcoin Ordinals inscriptions by tapping into the Internet Computer Protocol (ICP). Developed off the back of the creation of Bitcoin Ordinals in early 2023, Bioniq operates on the ICP and taps into its native Bitcoin integration to power
Cryptocurrency exchange Poloniex is preparing to resume withdrawals and deposits after suffering a $100-million hack on Nov. 10. Poloniex took to X (formerly Twitter) on Nov. 29 to announce that it will be gradually resuming deposit and withdrawal services on Nov. 30 at 2:00 am UTC. The crypto exchange stressed that it will implement a
Every day this week we’re highlighting one genuine, no bullsh*t, hype free use case for AI in crypto. Today it’s the potential for using AI for smart contract auditing and cybersecurity, we’re so near and yet so far. AI artwork for the ChatGPT written TurboToad memecoin. (Twitter) One of the big use cases for AI
In few places have the wild gyrations unleashed by the pandemic and its aftermath been more evident than in New York City luxury rental pricing. As the Covid-wary fled the Big Apple for greener pastures in 2020 and 2021, rents dropped to lows unseen in years, and concessions flooded the rental market. Since then, the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. By all means block the deal but spare us the sanctimony. A campaign is on to prevent Sheikh Mansour bin Zayed al-Nahyan, vice-president of the United Arab Emirates, buying a major piece of the British
Stay informed with free updates Simply sign up to the Global Economy myFT Digest — delivered directly to your inbox. Central banks in western Europe may need to keep interest rates at high levels until 2025 — much longer than financial markets are expecting — to guard against stubborn inflationary pressures, the OECD has warned.
A townhouse for sale in the Upper East Side neighborhood of NYC. Adam Jeffery | CNBC Mortgage rates fell last week for the fourth time in five weeks, and homebuyers appear to be responding. Demand from current homeowners to refinance, however, fell sharply. That left total mortgage application volume essentially flat last week, up just
Twitter (now X) co-founder and Bitcoin (BTC) advocate Jack Dorsey is backing a new BTC mining pool to help miners regain control of block rewards and transaction fees. Dorsey has led a $6.2 million seed round for Mummolin, the parent company of the new decentralization Bitcoin mining pool called Ocean, according to an announcement on
Spanish fin-serv giant Banco Santander has reportedly selected digital asset management firm Taurus to safeguard its Swiss clients’ Bitcoin (BTC) and Ether (ETH). On Nov. 20, Santander Private Banking International’s Swiss private banking unit rolled out a new Bitcoin and Ether trading service for clients with Swiss accounts. A Santander spokesperson told Cointelegraph that clients
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Is America doomed to a rerun of the last election? Whichever of the two parties dumped its frontrunner would probably have next year’s vote sewn up. Though Joe Biden and Donald Trump are both unpopular,
“Years from now, our grandchildren will reflect on humanity’s moral courage to solve the climate crisis and they will look to December 12, 2015, as the day when the community of nations finally made the decision to act.” That’s what Al Gore said in a statement that dropped into my inbox at 6.46pm on the
US bonds are on track to record their best monthly performance in nearly four decades, as growing optimism about interest rate cuts by the Federal Reserve next year fuels a dramatic rebound from an early autumn sell-off. The Bloomberg US Aggregate bond index, a widely tracked measure of total returns on US fixed income, has
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. India has announced it has formed a committee to investigate security issues after the US warned New Delhi over an alleged assassination plot targeting a Sikh separatist on American soil. The Financial Times reported last
The writer is professor of public policy at the University of Cambridge and a research theme lead at The Productivity Institute Why are economists — and politicians — obsessed with productivity? For two reasons. The first is that unless productivity is rising, living standards stagnate; productivity growth reflects businesses and public services using inputs of
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK mortgage approvals rose more than expected in October, according to official figures published on Wednesday that point to a stabilisation in the property market after a prolonged period of low house sales. Net mortgage
An ongoing crypto donation campaign dedicated to improving the lives of children worldwide has received over $7.6 million to date, half of which was donated in Ether (ETH). Philanthropic foundation Save the Children’s HODL Hope Campaign remains nearly $2.4 million short of the $10 million it intends to collect by the end of 2023. ETH