Contracts are getting bigger and bigger across the board with the salary cap going up over $ 30 million for the 2024 season. Each extension seems to be getting bigger and bigger and that trend isn’t likely to stop anytime soon. On Monday morning, the Philadelphia Eagles signed wide receiver DeVonta Smith to a three-year […]
TechCrunch Minute: What Stability AI’s CEO departure means for other AI startups
What do you call an AI company that is suffering from very public gyrations regarding its business health, place in the market, and leadership structure? Well, you might call it Stability AI. And no, that’s not some sort of elaborate wordplay. We’re being literal. Stability AI’s latest leadership shakeup is no joke, with its CEO […]
Bank of Jamaica Governor: Cryptocurrency ‘Not Sufficiently Stable to Be a Good Means of Payment’
The governor of the Jamaican central bank has warned people using or who have plans to use cryptocurrencies to be mindful of the associated risks. The governor added that cryptocurrencies’ unpredictability means they cannot function as a medium of exchange. Not Stable Enough to Be Good Means of Payment The governor of the Bank of […]
Bill Presented in Brazil Seeks to Include Crypto as Approved Means of Payment
A new bill presented in Brazil is trying to introduce bitcoin and other cryptocurrencies as an approved means of payment in the country. The bill, presented by Federal Deputy Paulo Martins, proposes to amend already existing regulations to include several dispositions that would allow cryptocurrency payments and investments to be officially supported. New Bill Proposes […]
Bank of England’s Andrew Bailey Warns Bitcoin Has No Intrinsic Value, Not a Practical Means of Payment
The governor of the Bank of England, the British central bank, says bitcoin has no intrinsic value and the cryptocurrency is not suitable as a practical means of payment. His warning came after the crypto market plunged. Andrew Bailey on Bitcoin and Cryptocurrency Bank of England Governor Andrew Bailey warned about bitcoin and cryptocurrency on […]