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🔹 Ethereum could ‘take over everything', and there won’t be a multi-chain future, EY's Blockchain Leader Speaks Out 🔹 There won’t be a multi-chain future, and Ethereum will ‘take over everything’, according to Paul Brody, blockchain leader at EY (formerly Ernst & Young)FT
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The Cryptocurrency Crash Continues. The crash began around February 6. Since then, the Bitcoin price has dropped by more than 50% The rest of the cryptocurrency markets are down over 10% – Ethereum, Ripple, Lite coin are all trading below their prices at the beginning of 2018.
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🔹Toyota said that it would trim its production in Japan by 5% and in North America by 10%. With lower production, Toyota will produce less steel and rubber, which will lead to higher prices of these materials on the commodities market, leading to price inflation for consumers.I
🔹 Billionaire Ray Dalio Says Keeping Money in a Savings Account is Not Safe. Dalio himself earned an estimated $1 billion last year in total compensation from Bridgewater and his personal investments, according to Institutional Investor’s Alpha list.2
Bribery scandals are always bad news, but this one may have just hit too close to home—for the billionaires who run Glencore International PLC. Despite the fact that the company has denied any wrongdoing in their business dealings, they will still have to pay $1.1 billion USD.
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Airbnb, donated $100 million to the Obama Foundation. The donation will be used to help fund travel-related scholarships for college students around the world. This could signal big changes in how we explore our planet. ⭐ visit our blog: decodingmarkets.com
Collison brothers founded Stripe in 2010, and since then have turned their payments processing company into a $ 95 billion unicorn with eye-popping financials. On January, Stripe announced its most recent round of funding that valued the company at $45 billion.
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