Payments company Square made waves on Thursday after its surprise reveal of a $50 million bitcoin purchase. The details were included in a white paper published alongside the news, which provided details on Square’s investment thesis, how it approached the buying process and the method by which it’s actually keeping those bitcoins Read more…
Formula One world champion Lewis Hamilton expressed concern on Thursday after a member of his Mercedes team tested positive for COVID-19 ahead of the Eifel Grand Prix in Germany. Hamilton is going for a record-equalling 91st career victory in Sunday’s race at the Nuerburgring and leads team mate Valtteri Bottas Read more…
Kimi Raikkonen has paid Formula 2 driver Mick Schumacher the ultimate compliment by describing him as “a copy of his father in many ways”. Schumacher will make his debut in an official F1 session with Alfa Romeo in first practice for the Eifel Grand Prix at the Nürburgring driving alongside father Michael’s Read more…
Max Verstappen’s father Jos Verstappen is starting to put pressure on the Red Bull Racing team, now that Honda has announced its withdrawal from F1 at the end of the 2021 season. Whereas Red Bull Racing had bet heavily on its partnership with engine manufacturer Honda and was clearly aiming Read more…
Kimi Raikkonen is set to start a record 323rd Formula One race at this weekend’s Eifel Grand Prix but is happy if his landmark in longevity is overshadowed by the names Hamilton and Schumacher. The 40-year-old Finn, who is the oldest driver on the grid, famously loathes publicity and any Read more…
Daniel Ricciardo is growing increasingly confident that he can ink his Renault boss Cyril Abiteboul before the F1 season is out. Ricciardo will leave Renault for McLaren at the end of the year but is hoping to give Abiteboul a Honey Badger tattoo before leaving for good. To do so, Read more…
Analysts and investors have had few insights as to the next direction Bitcoin will take but the longer the consolidation continues, the larger that move is likely to be. Bitcoin’s current trading range, which has been holding for the past five weeks, is between $10,200 and $11,200 and until it breaks out Read more…
Following the massive indictments against BitMEX and its co-founders including Arthur Hayes for facilitating money laundering on their platform, here is an article exposing a cartel of crime among exchanges and other digital asset institutions. Consequently, cryptocurrency exchange Binance and Changpeng Zhao also known as CZ is a natural next step—both for our Crypto Crime Cartel Read more…
Once again, the US president added some excitement to the market by refusing to discuss the stimulus package until the elections are over. The stock market reacted by a collapse; Bitcoin mostly followed the lead; however, the movement’s scale was not significant enough for the markets to hit the panic button. At Read more…
As always, there is a relatively large number of drivers who want a seat in Formula 1. But for the 2021 season, the seats are filling up. Two drivers who are both wanting a Formula 1 drive in 2021 are Sergio Perez and Mick Schumacher. They are in contact with several Formula 1 teams, but contracts Read more…