It has been an incredible year for Bitcoin. The cryptocurrency crossed the $1,000 mark on New Year's Day 2017. It was a headline maker that was a hint of things to come. Now it is trading below $15,000, after reaching a high of $20,000 earlier this month. This episode of The Crypto Craze dives into the biggest stories of the year in cryptocurrency, and looks at how several start-ups are disrupting industry with blockchain technology.
Cryptocurrency network iCash just launched a digital billboard in Times Square. The advertising campaign just in time for an estimated 1 million people will gather to ring in the new year. iCash's Chief Economist Max Wolff explains the message he hopes these billboards send. "We'd like to be part of the future and that's what new years eve is all about," says Wolff. "We think we are part of the future for everyone's that interested in cryptocurrency."
CryptoBnB is banking on blockchain to transform the travel industry. The company's founder and CEO Tariq Alwahedi explains how this start-up can transform the travel booking industry. "We are building a new disruptive technology," says Alwahedi. He says CryptoBnB is applying blockchain for short term rental application. CryptoBnB is currently in beta stage.
Blockchain has the power to transform the healthcare industry. That's according to cyberneticist Jonny Dubowsky. He explains how this technology can impact the way we protect and distribute data. "We are just exposing the utility and value of blockchain," says Dubowsky. He compares bitcoin to the dot com bubble, and says he we might have further corrections. My Personal Therapeutics is now using blockchain technology to protect and eventually monetize personal data.
You'll just have to wait for interest rates (and prices) to go down. Plus, this deal's a steel, the big carmaker wedding is off, and bribery is back, baby!
It’s a chicken-and-egg problem: Restaurants are struggling with record-high U.S. egg prices, but their omelets, scrambles and huevos rancheros may be part of the problem. Breakfast is booming at U.S. eateries. First Watch, a restaurant chain that serves breakfast, brunch and lunch, nearly quadrupled its locations over the past decade to 570. Fast-food chains like Starbucks and Wendy's added more egg-filled breakfast items. In normal times, egg producers could meet the demand. But a bird flu outbreak that has forced them to slaughter their flocks is making supplies scarcer and pushing up prices. Some restaurants like Waffle House have added a surcharge to offset their costs.
William Falcon, CEO and Founder of Lightning AI, discusses the ongoing feud between Elon Musk and Sam Altman, and how everyday people can use AI in their lives.
U.S. tariffs on steel and aluminum “will not go unanswered,” European Union chief Ursula von der Leyen vowed on Tuesday, adding that they will trigger toug
The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively shutting down the agency that was created to protect consumers after the 2008 financial crisis and subprime mortgage-lending scandal. Russell Vought is the newly installed director of the Office of Management and Budget. Vought directed the CFPB in a Saturday night email to stop work on proposed rules, to suspend the effective dates on any rules that were finalized but not yet effective, and to stop investigative work and not begin any new investigations. The agency has been a target of conservatives since President Barack Obama created it following the 2007-2008 financial crisis.
Jeff Benedict, author of 'The Dynasty,' weighs in on the Kansas City Chiefs being the next big dynasty, who he thinks will win Super Bowl LIX and more. Watch!