Though it’s currently the largest active fire in the state, the Oak Fire is under control, officials say. The fire grew rapidly over the weekend, and we’ll have details for you about any threat it may pose to Yosemite National Park. Gov. Gavin Newsom signed a bill into law that allows Californians to sue gun […]
After making a significant investment in Bitcoin last year, Tesla Motors sold 75 percent of its holdings in the second quarter, the company confirmed Wednesday. Tesla converted $936 million worth of Bitcoin into fiat currency and added the cash to its balance sheet, according to the electric vehicle maker’s earnings release (pdf). Tesla’s crypto holdings […]
LONDON—Bitcoin steadied on Tuesday after earlier hitting a new 18-month low, as major crypto lender Celsius Network’s freezing of withdrawals and the prospect of sharp U.S. interest rate rises shook the volatile asset class. Bitcoin clawed its way to positive territory after falling as much as 7.3 percent to $20,816, its lowest since Dec. 2020. […]
The largest pork processor in the United States is abandoning California. It says it’s not worth doing business there anymore because of taxes and inflation. Luxury home sales see the biggest drop since 2020. Why? And what could it mean for some buyers? McDonald’s restaurants reopen in Russia, under a new name and Russian ownership. […]
The largest pork processor in the United States is abandoning California. It says it’s not worth doing business there anymore because of taxes and inflation. Luxury home sales see the biggest drop since 2020. Why? And what could it mean for some buyers? McDonald’s restaurants reopen in Russia, under a new name and Russian ownership. […]
With bitcoin becoming more mainstream, there’s a new fund dedicated to financing the build-out of the bitcoin ecosystem. The Ego Death capital fund is founded by entrepreneur Jeff Booth, former vice president of trading at Goldman Sachs Andi Pitt, and Nico Lechuga. Crypto expert Lyn Alden will be advising the fund. She’s the founder of Lyn Alden Investment […]
Russian energy giant Gazprom is cutting off gas supplies to Poland and Bulgaria, doubling down on Russia’s pay-in-rubles policy. Pending home sales fall again in the United States for the fifth month in a row. Why are they dropping? New York is one step closer to banning new bitcoin mines that don’t use renewable energy. […]
