This week Bitcoin saw a huge drop and most of the other cryptocurrencies followed. So is it worth betting on Bitcoin? Bilal Zuberi is a partner at VC firm Lux Capital and he gives his take on investing in blockchain technology over cryptocurrency.
Zuberi argues that arguing in blockchain is a smarter move than going for crypto. The technology behind blockchain will continue to improve industries and become further embedded in banks, businesses, and every industry.
As for Bitcoin and cryptocurrencies, Zuberi compares this surge to the Dotcom bubble and the start of the Internet. When the Internet was first created there was a lot of hype and fusion of cash into startups and companies. Some bad companies got attention and investments, but there were also some winners who still exist today. Zuberi doesn't know which cryptocurrencies will make it, and therefore is more focused on blockchain.
Our celebration of Pride Month continues here on Cheddar News, with a special segment on New York-based photographer Thomas Evans and his efforts to promote unity & equity.
Pop star Bebe Rexha was hit in the face and injured by a cellphone hurled from the audience at a hometown show in New York City Sunday night, and a man was arrested, police said.
Cheddar News is continuing our celebration of Pride Month as we highlight trail blazers throughout the LGBTQ+ community. Cheddar's own Baker Machado recently had the opportunity to sit down with the editor-in-chief of Them, a magazine that covers everything from culture to politics to fashion within the LGBTQ+ community.
If you're stressed out, worried, or just need to let off some steam, consider trying out smash therapy. Our own Shannon LaNier is on the scene to try it for himself.
OceanGate Expeditions on Thursday said pilot and chief executive Stockton Rush, along with passengers Shahzada Dawood and his son Suleman Dawood, Hamish Harding, and Paul-Henri Nargeolet “have sadly been lost.”
Americans across the country this weekend celebrated Juneteenth, marking the relatively new national holiday with cookouts, parades and other gatherings as they commemorated the end of slavery after the Civil War.