Mastercard Wants to Make Crypto Purchases Less Risky, Says 'Dr. Doom' Roubini

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Today's News

After a volatile few days in the cryptocurrency world, things seem to be calming down a bit. Bitcoin, Ethereum, and XRP are all up this morning, while Mastercard is working on making crypto purchases less risky. However, not everyone is bullish on crypto. Nouriel Roubini, nicknamed "Dr. Doom" for his pessimistic economic predictions, has called crypto a massive fraud. Meanwhile, Cathie Wood's Ark Invest bought the dip in Tesla after sell-off sparked by disappointing delivery figures.

Outline

Mastercard announces new initiative to make crypto purchases less risky
Leon resigns from Celsius, a crypto lender that recently filed for bankruptcy
Cryptocurrencies are becoming increasingly popular, with more and more people trading them
Dow soars 800 points as investors believe that central banks are nearly done hiking interest rates
'Dr. Doom' economist Nouriel Roubini criticizes cryptocurrencies as being fraudulent
Jack Dorsey exchanges texts with Elon Musk about Twitter
To compete in any economy, platforms must do better at retaining global creators
Feds seize $311M in Bitcoin from a hacker, who then steals it back
Ark Invest buys Tesla stock after sell-off caused by disappointing delivery figures
Xiaomi India names Qualcomm as destination for allegedly illegal payments
Kim Kardashian fined $1.3 million for cryptocurrency promotion
Warren Buffett will never invest in Bitcoin
Bitcoin, Ethereum, and XRP prices are rising this morning
If this one thing happens, Bitcoin could double in price
Stock market opens up big as it looks to build on massive gains
Halal gold stablecoins offer a way to hedge against the finance maelstrom
The appearance of Bitcoin
Global crypto capital norms could 'derail' market, TradFi groups say

Mastercard wants to make crypto purchases less risky

Crypto is still loaded with uncertainty, but Mastercard is betting that it can assuage buyers' minds. The credit card giant has introduced a Crypto Secure service meant to boost trust in crypto purchases. The offering uses AI from CipherTrace (a blockchain se…

Celsius co-founder and strategy head Leon resigns from bankrupt crypto lender

Celsius Network's co-founder and chief strategy officer Daniel Leon has stepped down, the bankrupt crypto lender said on Tuesday, joining a wave of executive departures from beleaguered digital asset companies.

Cryptoverse: Trading names in a mind-boggling crypto craze

A new NFT trading craze where names are bought and sold for eye-popping sums is providing a multi-million-dollar lifeline for speculators shivering in the bleak crypto winter.

Dow soars 800 points as stocks extend massive rally on fresh hopes for less hawkish central banks

A drop in US job openings and a smaller-than-expected rate hike from the Reserve Bank of Australia helped fuel the best two-day rally since 2020.

US stocks extend rally amid investor hopes that central banks are nearly done hiking interest rates

US stocks were higher Tuesday. Investors saw Australia's smaller than expected rate hike as good news for global central banks.

'Dr. Doom' economist Nouriel Roubini slams crypto as a massive fraud

Roubini declared that manure is more precious than some of the most ridiculous coins, as he believes they're worth less than nothing.

Jack Dorsey Called Facebook 'The Swamp Of Despair' While Texting Elon Musk

An account on Facebook appeared to be impersonating Musk. Dorsey pointed it out.

To compete in any economy, platforms must do better at retaining global creators

In Tipalti's recent Illuminate event, industry experts spoke about how platforms can offer best-in-class experiences for their partners.

Feds Seized $311M in Bitcoin. The Crypto Hacker Stole It Back

Feds locked up a storage device full of ill-gotten tokens. Then someone started stealing the loot.

Cathie Wood's Ark Invest bought the dip in Tesla after sell-off sparked by disappointing delivery figures

Filed under: Earnings/Financials,Green,Plants/Manufacturing,Ford Continue reading Cathie Wood's Ark Invest bought the dip in Tesla after sell-off sparked by disappointing delivery figures Cathie Wood's Ark Invest bought the dip in Tesla after sell-off spark…

The Margin: Elon Musk wants to move forward with his purchase of Twitter. Here’s how some Twitter users reacted.

Musk is now proposing to purchase the social-media company at his original offer price of $54.20 a share, according to a Bloomberg News report.

Xiaomi India names Qualcomm as destination for allegedly illegal payments

PLUS: Toshiba considers offers, clams up; India's HFCL claims Wi-Fi 7 first; Vietnam may censor SocMed; and more Asia In Brief Chinese smartphone maker Xiaomi’s Indian subsidiary has expressed disappointment with a decision by nation’s government to freeze $6…

What Is the Best Dogecoin Wallet? 7 Crypto Storage Options to Try

Keep your Dogecoin safe with one of these handy crypto wallets.

With Kim Kardashian Fined $1.3 Million for Crypto Promotion, Which Other Celebs Could Be in Trouble?

The Securities and Exchange Commission made an example of the mega-famous influencer, and they could just be getting started

Why Warren Buffett Will Never Buy Bitcoin

The Berkshire chief is no fan of the leading cryptocurrency.

Here's Why You'll Regret Not Buying More of This Top Crypto on the Dip

Looking at history paints a clear picture of where this digital asset is heading.

Why Bitcoin, Ethereum, and XRP Are Rising This Morning

Investors have latched onto the idea that the Federal Reserve might get less aggressive with its hawkish monetary policy moves.

If This One Thing Happens, Bitcoin Could Double in Price

Regulation is coming to the crypto industry, and the choice of who gets to regulate Bitcoin could have a huge impact on its future price.

Why Shares of Coinbase, Silvergate Capital, and Hut 8 Mining Corp Are Rising Today

Crypto stocks traded higher as the broader market rose.

Did Kim Kardashian Just Change the Game for Crypto Investors?

The socialite promoted an obscure crypto, but didn't make it clear that the Instagram post was an ad. That's illegal under certain circumstances, and the affair opened a can of market-moving worms.

Scammers take to GitHub to hoodwink other cybercriminals

Latest Microsoft Exchange flaw scheme discovered on GitHub shows there really is no honor among thieves.

Fed ‘Pivot’ Warning Triggers Serious 2023 U.S. Dollar ‘Crash’ Prediction—Potentially Boosting The Price Of Bitcoin, Ethereum And Crypto

Bitcoin has bounced this week, climbing back toward $20,000 per bitcoin—helped by a surprise bitcoin price prediction from a top U.S. regulator...

What Do Bitcoin Investors Need To Know As October Begins?

Bitcoin prices have been trading within a reasonably small range so far this month, showing little volatility. What crucial developments should investors watch in order to stay up-to-date on this innovative asset? Several market observers offer their take on …

Proof Of Stake Is On The Rise

Let’s take a look at what investors need to know about PoS

Messari’s Mainnet Conference Two Weeks Later: Crypto Winter Has No End In Sight

Mainnet attendees quietly bullish. Why to "Keep Calm and 'Hodl' On."

Stock Market Opens Up Big As It Looks To Build On Massive Gains

The Dow is already up 4% this week, but Morgan Stanley warned no monetary policy can save Wall Street from the “freight train of the oncoming earnings recession.”

Dow Rises 800 Points In Historic 2-Day Stretch

The Dow is already up 5% this week, but Morgan Stanley warned no monetary policy can save Wall Street from the “freight train of the oncoming earnings recession.”

Halal Gold Stablecoins Offer Gram-By-Gram Hedge Against Finance Maelstrom

Tiny minimums, 0.03% fee are draws to a precious-metal investment whose time is yet to come.

The Appearance of Bitcoin

The history of the world’s first crypto began in 2008, when its creator, a Japanese named Satoshi Nakamoto, published the Bitcoin protocol openly. Founder Holds Bitcoins worth $1.1 billion Satoshi Nakamoto, the founder of bitcoins is said to hold 1 million bi…

‘Prohibitive’ Global Crypto Capital Norms Could ‘Derail’ Market, TradFi Groups Say

Banks want to see caps on bitcoin holdings increased fivefold under planned global standards