Rob Verger, Assistant Tech Editor at Popular Science, joins Cheddar to discuss the growing popularity in bitcoin. As of Tuesday morning, the cryptocurrency was inching towards trading at $12,000.
There is a lot of risk and volatility within this market, and Verger says if you're investing money, it's at your own risk. Since there is no central entity overseeing bitcoin, it's hard to regulate what it trades at. Verger says blockchain and the technology behind bitcoin won't ever change, but the value of its worth will.
Plus, there are concerns over liquidating bitcoin. He talks about buying and selling through an exchange, and the risk of that exchange not having the funds to back investments. It's edging closer to mainstream, and the technology behind the currency is becoming stronger and stronger.
From moving finances online to the new ways we'll be getting cash, Ray Hatch, the Vice President of Enterprise Solutions Vertical Markets at Comcast Business explains how the banking industry is getting ready for the future.
The head of Russia's space agency said Monday that the Luna-25 spacecraft crashed into the moon after its engines failed to shut down correctly, and he blamed the country's decades-long pause in lunar exploration for the mishap.
Canadian Prime Minister Justin Trudeau accused Facebook on Monday of putting profits over people’s safety during the emergencies created by Canada’s record wildfire season.
Jeffrey Yin, chief financial officer of Artsy, and artist Trevor Paglen explained how AI is expanding the tools that can be used to add new depth to the industry.
Mastercards's Chief Technology Officer Ed McLaughlin shows Cheddar News Senior Reporter Michelle Castillo what shoppers can expect in shopping technology.
Almost a week after the Apple faithful collectively gasped at the first evidence that the iPhone’s red “end call” button might soon be vacating its center position to take up residence one column to the right, it looks like it might have been mostly a false alarm.
Meta is under scrutiny for the way it has moderated reproductive health content. Women's health advocates say the social media giant has allowed male health content to flow more freely than content geared toward women and gender diversity.
