Bolide Banner
Ex-Classmates Among World's Top Crypto Holders
Ex-Classmates Among World's Top Crypto Holders

Ex-Classmates Among World's Top Crypto Holders

Their portfolio was rocked in recent days as environmental concerns over mining, regulatory scrutiny, warnings by Chinese authorities about digital currency payments and a flurry of erratic tweets by Tesla Inc's Elon Musk whipsawed prices.Kyle Davies and Su Zhu started Three Arrows Capital at the kitchen table of their apartment in 2012. Now they're among the world's biggest crypto holders with a portfolio worth billions of dollars. At least for the moment.


Dogecoin Price Jumps on Coinbase

3 Jun 2021 1 minute read 0 comments ifty24

After tweets from Tesla CEO Elon Musk and rapper Snoop Dogg, the cryptocurrency Dogecoin, which started as a joke, topped $10 billion in market value. WSJ looks at why online investors are pouring money into the meme-inspired virtual currency. Doge...

BINANCE CEO Mocks Elon Musk

2 Jun 2021 1 minute read 0 comments ifty24

Changpeng Zhao, the CEO of cryptocurrency exchange website Binance, has taken to Twitter to take on criticisms of the digital money’s energy use – and apparently subtweet Tesla CEO Elon Musk.  The statement appears to be referencing the recent announ...

Some countries consider Crypto currencies illegal

29 May 2021 1 minute read 0 comments ifty24

Iran Iran’s President declared a nearly four-month ban on the energy-intensive mining of cryptocurrencies like Bitcoin, as the Islamic country grapples with widespread power outages in many cities. The country believes that by prohibiting crypto mini...