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.
Earlier this week the value of Bitcoin plunged to just 50 percent of its 2017 peak. Pompliano says he expects the value of Bitcoin to recover, and predicts it to eventually hit 50,000 this year.
White Claw helped make hard seltzer a staple for American drinkers. Now it's getting into the spirit business with its own vodka brand because of new rules passed during the pandemic.
TikTok is banning deepfakes amid increasing pressure from the U.S. government over privacy and security concerns. CEO Shou Zi Chew announced the policy in a TikTok video on Tuesday two days ahead of his scheduled appearance before congress.
Cheddar News looks ahead to The Day Ahead as the Federal Reserve meets to decide on a rate hike. Earnings are also on tap from Petco, Chewy and KB Home.
Language app Duolingo last week launched a new subscription tier, called Duolingo Max, that uses an artificially intelligent chatbot to provide more personalized feedback to learners.
