I cover crypto and Wall Street and oversee the Forbes Crypto Confidential newsletter as well as the annual Forbes Blockchain 50 list that features billion-dollar companies utilizing distributed ledgers. I am also a co-editor of the Forbes 30 Under 30 Finance list. Have a tip,
Crypto’s Election-Prediction Money Machine; Bitcoin Billionaire Cash Out
Blockchain-based betting site Polymarket has found mainstream success thanks to massive wagers on U.S. elections.
Meet The 26-Year-Old Building A Billion Dollar Prediction Marketplace
Will Taylor Swift get engaged in 2024? Will JD Vance be replaced as veep nominee? Despite its questionable legality, hundreds of millions in crypto are being wagered on events like these on Polymarket.
Why These Bitcoin Miners Are Becoming Summer’s Hot AI Stocks
Crypto miners are harnessing their advanced equipment and low-cost energy for the burgeoning artificial intelligence sector. As the demand for computational power soars, these miners are uniquely positioned to profit from the AI boom.
MtGox $9 Billion Payout Is Creditors’ Gain But Bitcoin’s Pain
Exchange that failed in 2014 is finally returning funds to customers. Some investors fear a flood of bitcoin and bitcoin cash will destabilize the market, but others say it is an isolated event with limited long-term effect.
Bitcoin Miner Core Scientific’s Stock Soars On AI Expansion Plans
The hunt for available data-center space is driving AI companies to purchase capacity from cryptocurrency miners, which possess the required hardware and are seeking more profitable applications for it.