Watch as we send bitcoin from Miami to a Ukrainian in Poland – CNBC

Alena Vorobiova hadn’t thought much about bitcoin before Russia invaded Ukraine in February. Whereas money providers often charge transfer fees of 10% or more when you send $100 from the U.S. The process of downloading a crypto wallet onto Vorobiova’s phone, transferring bitcoin over the Lightning Network from the U.S. The tutorial took less than […]

Justin Bieber, Gwyneth Paltrow invest in crypto startup MoonPay – CNBC

Additional celeb investors include the Chainsmokers, Drake, Eva Longoria, Jason Derulo, Kate Hudson, Paris Hilton, Matthew McConaughey, Mindy Kaling, Questlove and Shawn Mendes, among others. NFTs are digital assets that represent real-world objects — such as art, music and real estate — and can’t be replicated. “A lot of them have venture capital portfolios, a […]

Cathie Wood says banks have a ‘big problem’ thanks to crypto – CNBC

Known for her high risk high reward strategy, Wood told CNBC’s “Crypto World” Thursday that the amount of interest investors are showing in DeFi, or decentralized finance, applications could threaten the traditional banking world. “Banks have a big problem,” Wood said from the Bitcoin 2022 conference in Miami. “I remember I was asked at the […]

Tesla, Block and Blockstream team up to mine bitcoin off solar power in Texas – CNBC

Have an open dashboard so people can play along, maybe it can inform other players to participate,” Back said. Enter bitcoin miners. When these energy buyers co-locate with renewables, it creates a financial incentive for buildout and improves the core economics of renewable power production, which has been fraught with volatility. The constraint is that […]

Peter Thiel calls Warren Buffett a ‘sociopathic grandpa from Omaha’ and bitcoin’s ‘enemy … – CNBC

Thiel, who by 2018 had reportedly amassed hundreds of millions of dollars worth of bitcoin through venture firm Founders Fund, also called out JPMorgan CEO Jamie Dimon and BlackRock CEO Larry Fink. Thiel held up a headshot of Buffett with the words “rat poison” on it, referring to the time the Berkshire CEO dismissed bitcoin […]

There’s a new way to quickly send U.S. dollars around the world with bitcoin – CNBC

“People will be able to seamlessly go between bitcoin and say, a USD stablecoin, or peso, euro, yen, etc. The process highlights one of bitcoin’s greatest strengths: its high degree of network decentralization, which is a big part of what ensures its security. “From our standpoint, we’re particularly interested in the fiat and stablecoin aspects, […]

There are ‘no plans’ to shut down Broadway even as Covid cases lead to canceled performances, theater group says

“At the present time, there are no plans to shut down Broadway,” said Charlotte St. Nine shows were postponed on Tuesday, including “The Lion King,” “Dear Evan Hansen,” “Ain’t Too Proud” and “Hadestown,” and many of them won’t reopen after Christmas. “We have the strongest protocols in theater today and we are ensuring their adherence […]