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Tag Archives: News

Bill Ackman Criticized for Support of Helium Crypto

Hedge fund billionaire Bill Ackman is taking a lot of flak for his support of a digital currency called Helium. Many users on Twitter and other social media platforms are calling him out for his alleged ignorance and claim that Helium is nothing but a Ponzi scheme. Bill Ackman Gets Jumped on for His Helium Praise The crypto space is filled with vast opportunities, some of which are real and some of which aren’t. Many players out there say you really need to keep your...

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Block Fi Is the Latest Crypto Company to Go Bankrupt

It’s happened again, folks. Another digital currency company has filed for bankruptcy protection. This time, it’s Block Fi, a crypto lending platform, which was reported to be heading in this direction back in late December. Block Fi Is the Latest Crypto Firm to Crash Ironically, the company was one of the few to be “saved” by FTX earlier in the year, though now that its savior is crashing and burning before the eyes of the public, Block Fi no longer has what it takes to...

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Report: Crypto Firm DCG Is Contending with Tons of Debt

DCG (Digital Currency Group) – the crypto company that owns Grayscale – is allegedly $2 billion in debt, giving traders and crypto analysts a lot to be anxious about. DCG Is Allegedly Dealing with Tons of Debt Barry Silbert – the man who founded DCG – stated in an interview: We have weathered previous crypto winters. While this one may feel more severe, collectively we will come out of it stronger. The goal was to try and calm people’s nerves, though this is easier said...

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Ben Mezrich Is Writing a Book About the NFT Craze

Ben Mezrich is an author who wrote the book, “Bitcoin BTC Billionaires,” which talks about the rise of the Winklevoss Twins from their early days trying to develop what would eventually turn into Facebook to their adult lives as some of the biggest bitcoin bulls out there. Ben Mezrich Is Writing a New NFT Book Right now, the book is being adapted into a film and is in pre-production, meaning things are still being planned out and the project is in its earliest stages....

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