Crypto Suffers Dramatic One-Day Loss, Playboy Gets in on the Craze
Over the course of just 24 hours, global cryptocurrencies lost $60 billion in value. The market cap of global digital coins was around $310 billion on Thursday morning, compared to $372 billion a day earlier. The drop likely stems from fears over further regulation, in addition to Google's announcement that it will ban crypto-related ads later this year.
Plus, Playboy is the lastest company to get in on the crypto action. The company is developing a digital wallet that will allow customers to make payments on its platforms using a handful of digital coins. Playboy's chief operations officer of licensing and media said the company felt it was important to give their customers "increased payment flexibility.”
New supervisors leading Disney World’s revamped governing body say they had good intentions about collaborating with the company after they were appointed by Florida Gov. Ron DeSantis.
Legendary skateboarder Tony Hawk is the new spokesman for Citizen's new smart watch. Cheddar News spoke with Hawk to discuss his new partnership and how the watch helps him with his wellness routine.
Higher prices due to inflation combined with higher interest rates are creating a perfect storm for consumers who use credit cards, according to a Bankrate.com report. Ted Rossman, senior industry analyst at Bankrate.com, joined Cheddar News to discuss the latest report and what consumers can do to avoid any potential issues.
Elon Musk claimed that artificial intelligence has the potential to cause 'civilization destruction.' The billionaire is currently planning to come out with an AI platform, TruthGPT.
