The pandemic's economic destruction is so bad that even retailers of what may be the most recession-proof product there is—illegal narcotics—are feeling the pinch as coronavirus hits darknet revenues.
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The corner of Wall and Broad Streets is one of the most boring and disappointing places on earth these days but once it was synonymous with finance (via Pixabay)Must-reads for Nov. 9, 2018: Wall Street gives cyrpto a ‘meh’
These are the crypto stories you should be following today
Wall Street’s Crypto March Slowed by Appetite of Large Investors (Bloomberg) You know how HODL bros are always posting on Reddit that “the big boys” are totally into crypto and just you wait when it takes over Wall Street and…? Well, it looks like that won’t happen any time soon, at least not in a major way. “Large institutions currently have little appetite for investing in digital assets, said Nikolay Storonsky, a former Credit Suisse Group AG trader turned fintech entrepreneur…. Storonsky’s comments, which were made at Web Summit 2018 in Lisbon, chime with those of BlackRock Inc.’s Larry Fink, who said earlier in the year that his company’s clients…
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Must-reads for August 16, 2018
Here are the crypto stories you should be watching today
AT&T Sued for $224 Million by Cryptocurrency Investor Who Lost a Fortune in Phone Hacks (Gizmodo) We’ve written before about how hackers have been wreaking hell and havoc on people in the crypto community (like this writer). However, they really went to town on one big crypto investor. Michael Terpin, who was in public relations during the primitive years of the Web, became a serial entrepreneur and an early investor in Bitcoin and other cryptocurrencies. He has also advised the likes of Ethereum, Kraken, and Tether. Unfortunately for Terpin, a huge stash of his crypto—$24 million-worth, he claims—was stolen from him during two hacks over several months. Now he’s…
