Every year crypto-critic and fiat-billionaire Warren Buffett auctions off a lunch for eight to support his daughter’s favorite charity, GLIDE in San Francisco. This year, crypto-entrepreneur Justin Sun won Buffett’s Glide charity auction with a record $4.5 million bid. Buffett had previously called bitcoin “rat poison squared” so this ought to be interesting.
Crypto browser Brave’s Chief Policy & Industry Relations Officer Johnny Ryan testified Tuesday at the U.S. Senate Judiciary Committee in favor of restricting advertiser’s access to user’s personal data. The hearing on “Understanding the Digital Advertising Ecosystem and the Impact of Data Privacy and Competition Policy” was a big step forward to helping the older folks who make our internet laws understand the impact they have on the future.
In April 2018, Millennial trading app Robinhood announced it would soon be available in a handful of states. Complex banking regulations in each state meant that they had a lot of hurdles to get over before they could offer their free crypto and stock trading services in all 50 states. But in January RobinHood announced they had finally gotten a New York State “Bitlicense”, one of fintech’s highest hurdles. Users in New York State can now trade on Robinhood as of May 23.
On May 16 at around 3 p.m., reports surfaced that crypto wildman John McAfee had been arrested in the Bahamas. “Developing events have made it necessary for John McAfee to go dark. Please be advised that this account will be operated by staff until further notice. More details will be released in time,” he said in a statement via Twitter just before noon.