Tesla, the electric car company owned by the multibillionaire and dogecoin enthusiast Elon Musk, just released a new yearly third-quarter report about the company’s operations, finances, and technological updates. In regard to Tesla’s finances – the fact that the company continues to hold cryptocurrencies despite the ongoing depreciation. The company currently holds $218 million worth […]
Category: News
October 21, 2022
October 21, 2022
Ethereum Whales Bought $4.55 Billion in Ether Since September
The merge was undoubtedly the biggest moment of the year for cryptocurrency enthusiasts. In September Ethereum, the second-largest cryptocurrency by market capitalization completely changes its network in order to adopt the proof-of-stake consensus mechanism. This means that Ethereum changed the way the blockchain produces new tokens. Previously, Ethereum functioned under a “Proof-of-Work” consensus – which […]
October 21, 2022
Litecoin Celebrates Its 11th Birthday
Litecoin (LTC) turns 11 years old this month. Touted as being the only altcoin with a 100% uptime, this cryptocurrency boasts the longest uninterrupted live run in the industry. Only Bitcoin is older than LTC, and only by two years. Litecoin deems itself as the “Future of Money” and takes great pride in being a […]