In this week's episode of The Crypto Craze Cheddar Anchors Brad Smith and Baker Machado explain the biggest trends in the market. This week the value of Bitcoin plunged to just 50 percent of its 2017 peak. Several other cryptocurrencies saw double digit losses compared to their highs last year. Many citing the potential crackdown on regulation in South Korea and China as a trigger of this volatility.
Venture firm Full Tilt Capital is making the move to only invest in tokenized securities. The firm's Managing Partner Anthony Pompliano explains the investment opportunity he sees in this space.
"There's going to be a bunch of scams, there's going to be a lot of people that are going to get caught up in the tightening of regulation, but we are also going to get a lot of sustainable technologies that come out of this," says Pompliano. He says he sees the infrastructure, miners, exchanges, and the wallets as being the true winners in this evolving space.
Browser plug-in "Trive" is using the power of blockchain to combat fake new. The company's founder and CEO David Mondrus explains how he is leveraging this technology, and his outlook on the cryptocurrency market.
"We have fact-checkers on the net," says Mondrus. Trive crowdsources the verification of news through blockchain technology.
Dena Jalbert, M&A expert and CEO of Align Business Advisory Services, on the state of U.S. M&A: deals worth $1–$10 billion (including debt) are surging.
Jeremy Jansen, Head of Supply Chain at Wells Fargo, unpacks the ongoing trade talks between the United States and China as consumers still wonder about tariffs.
A group of Democratic Texas lawmakers is asking Elon Musk to delay his rollout of driverless ‘robotaxis’ in the state this weekend to assure the vehicles are safe enough.
The billionaire slated to takeover the controlling interest in the Los Angeles Lakers has built a career leading businesses investing in everything from sports franchises to artificial intelligence.
IBM Fellow Jerry Chow talks IBM’s expansion of the Quantum Data Center in Poughkeepsie, installing Heron processors that deliver utility‑scale performance.