In brief
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$118,113.00
0.63%$3,339.98
7.41%$3.04
4.92%$715.43
4.02%$171.09
5.44%$0.999805
-0.01%$0.211275
7.05%$3,334.39
7.31%$0.310378
2.90%$0.749031
1.38%$46.12
-2.66%$118,024.00
0.81%$4,075.34
8.12%$0.453338
-0.96%$3.91
-2.33%$16.50
3.45%$493.10
-0.89%$0.231206
-0.49%$22.24
2.11%$3,576.88
7.44%$0.00001435
5.43%$8.81
-0.52%$3,335.62
7.30%$3.13
1.59%$96.36
0.78%$0.999852
-0.00%$0.99979
-0.04%$44.94
1.59%$4.12
2.00%$337.14
1.51%$118,137.00
0.63%$0.00001333
4.98%$4.69
4.02%$1.001
0.07%$8.84
-3.70%$317.60
-1.60%$424.77
-1.69%$0.439759
-0.73%$5.12
1.38%$2.70
2.41%$0.105867
-1.68%$1.18
0.07%$19.54
1.88%$0.942769
1.34%$5.53
0.18%$207.39
5.14%$0.00003722
19.95%$47.34
0.12%$1.00
0.00%$0.733024
3.85%$0.281914
1.44%$0.091316
4.59%$0.36864
5.12%$0.999847
-0.00%$0.02516301
1.06%$4.69
1.34%$0.433777
1.52%$3.97
3.59%$0.227779
-1.10%$0.350764
-5.92%$3,338.51
7.25%$0.768233
4.27%$9.85
4.71%$0.03101909
-4.26%$4.50
0.18%$0.00543305
-14.28%$1.059
-0.00%$1.099
4.17%$15.85
1.72%$2.62
0.39%$0.081012
4.19%$117,441.00
0.13%$1.79
14.40%$182.05
5.67%$113.03
0.34%$0.529428
3.65%$3,502.57
7.35%$3,807.02
7.43%$4.85
2.24%$11.70
1.01%$0.999734
0.02%$0.99798
-0.06%$1.38
14.07%$1.93
-0.30%$1.00
0.11%$1.31
-0.51%$13.26
0.93%$0.810742
2.03%$0.921507
16.17%$4.29
-3.65%$3,510.51
7.40%$0.00012931
31.37%$0.076845
2.59%$0.01790341
4.04%$3,571.58
7.28%$0.693803
0.12%$0.374554
6.11%$3,609.17
7.41%$1.73
5.84%$1.00
0.02%$118,025.00
0.72%$3,514.20
7.38%$1.061
1.01%$0.537479
1.09%$0.102417
0.82%$0.999425
-0.06%$118,021.00
0.58%$714.80
3.89%$3,346.79
0.37%$118,628.00
0.69%$191.71
5.26%$1.11
-0.00%$0.152312
0.73%$26.34
2.40%$0.551429
0.47%$0.22292
0.73%$2.52
4.23%$223.36
5.27%$0.999782
0.06%$0.833009
1.28%$0.917336
3.18%$3,337.76
0.33%$0.01793887
2.79%$0.01666408
1.13%$0.9038
6.88%$2.90
1.92%$0.311986
0.14%$10.75
0.01%$3,576.47
7.52%$3,335.59
7.37%$0.123416
2.04%$43.90
0.73%$3,545.76
8.18%$111.82
0.01%$0.263892
-1.52%$0.652542
1.38%$0.00000069
0.09%$4.12
2.57%$1.90
1.20%$0.998433
0.02%$2.06
0.72%$117,611.00
0.31%$0.999868
0.01%$0.01874368
0.72%$0.398959
1.14%$1.093
-0.40%$0.00000162
3.08%$0.45283
-2.39%$3,335.23
7.34%$0.00886818
1.70%$0.313759
0.14%$0.060609
8.59%$0.357887
-12.47%$118,130.00
1.08%$0.997576
-0.00%$7.22
-22.72%$3.10
1.53%$28.58
0.09%$1.60
3.14%$0.00613972
-2.84%$118,132.00
0.67%$0.54728
-0.01%$45.95
-2.99%$1.29
5.16%$0.210474
6.47%$3,340.28
7.25%$1.00
0.02%$0.65859
-0.55%$3,555.02
7.37%$0.999978
-0.02%$0.072015
-3.48%$0.141721
-1.34%$1.16
-0.03%$0.098398
-3.16%$0.00854802
4.59%$0.465341
2.66%$0.999084
-0.02%$0.488485
-5.45%$3,682.79
7.37%$0.642259
1.47%$45.90
-2.56%$0.191027
0.00%$0.400243
2.40%$7.19
-3.65%$0.431635
0.94%$8.17
11.51%$49.55
0.72%$16.21
3.61%$6.52
1.33%$3,347.62
7.88%$1.44
1.40%$0.323565
-2.99%$0.215416
-5.85%$0.00000045
0.69%$3,651.21
7.18%$0.00002192
-0.06%$0.059261
0.80%$2.58
1.92%$1.093
0.01%$1.70
7.93%$4.98
17.26%$1.004
1.57%$0.999805
-0.01%$3,342.94
7.93%$0.086648
4.98%$0.00403732
-2.54%$0.04145407
1.44%$0.152619
0.31%$3,339.36
7.49%$0.404463
10.89%$0.00573578
-1.56%$0.999194
-0.03%$0.55116
0.54%$116,419.00
0.24%$0.839306
-2.16%$4,060.09
7.97%$1.37
0.67%$0.00726849
1.13%$0.999972
-0.00%$0.03744302
2.74%$139.12
5.86%$186.40
4.98%$0.363141
0.56%$0.550496
3.37%$0.01884726
1.02%$12.16
2.63%$0.00006362
1.54%$118,213.00
0.80%$0.00389934
23.48%$0.03281964
1.42%$27.04
1.97%$21.12
-0.94%$0.34366
-6.78%$0.744093
1.08%$0.816509
5.35%$0.999739
0.01%$1.14
0.07%$0.227685
-1.44%$0.00391366
2.12%$22.26
2.11%$3,503.36
7.37%$0.694193
5.63%$0.999035
-0.17%$0.999357
0.01%$0.0000015
10.58%$3,768.72
7.56%$0.303524
4.91%$0.99952
0.05%Reading
Warren Buffett has long been dismissive of Bitcoin, even going so far as to call it “rat poison squared.” But he has never really explained why he dislikes Bitcoin and doesn’t see it as a worthy investment.
According to a video posted by the Tron Foundation, Buffett explained why he wouldn’t buy Bitcoin at his recent meal with Tron CEO Justin Sun—that eventually happened earlier this month.
“[Buffett] believes people get protection from stocks and equity,” the video states. “Bitcoin is simply a changing hands activity with no value added.”
The video continues, relaying Buffett’s belief that Bitcoin doesn’t have enough “practical value.” Reportedly, Buffett stated that Bitcoin only derives worth from trading, and is incapable of storing value—making it “no different from a seashell.”
But it wasn’t all bad news. The billionaire tycoon allegedly touted the benefits of blockchain technology, noting that it could become a “disruptive” force within finance.
A smart trader has exploited various protocols in the decentralized finance (DeFi) space to net a whopping $350,000 in profits. As Decrypt reported yesterday, a clever set of instructions—all executed in one big transaction—enabled someone to leverage current weaknesses in the DeFi ecosystem for their own gain. By using several decentralized financial tools, and a small dose of price manipulation, they were able to take home a lot of Ethereum. DeFi protocol bZx says it lost funds via a margin-le...
“Bitcoin cannot capture the value of blockchain. Just because something has value doesn’t make it a good investment,” Buffett purportedly said.
“Mr. Buffett says blockchain has its value. There are a lot of incredible companies in the payment market and it has huge demands. He believes blockchain technology will have a disruptive effect on the future of payment,” the video concludes.
So, Buffett is squarely in the blockchain, not Bitcoin camp. But for how long?
Tips
Have a news tip or inside information on a crypto, blockchain, or Web3 project? Email us at: tips@decrypt.co.
Citigroup is exploring issuing its own stablecoin for cross-border payments, CEO Jane Fraser told analysts in an earnings call this week, adding to the list of banking giants that are also considering stablecoin initiatives. Citi’s potential entrance into the stablecoin market also underscores the growing interest in an area that was once solely the domain of native crypto firms. "We are looking at the issuance of a Citi stablecoin.” Fraser said on Tuesday, “We're exploring… reserve management...
California Governor Gavin Newsom signed an executive order on Tuesday, officially launching a state-backed initiative to modernize government operations with close collaboration from tech and crypto firms. Dubbed the “California Breakthrough Project,” the task force quietly met for the first time on June 6 at Ripple’s San Francisco headquarters, more than a month before the project was made public. Attendees included executives from various participating tech firms, including blockchain-based...
Block Earner, a Sydney-based fintech offering crypto yield and payment products, is pitching a new way for Australians to buy homes without selling their Bitcoin. Rolling out what it calls Australia’s first Bitcoin-backed home loan, the crypto firm offers up to 50% of a property’s value as a deposit loan secured against the borrower’s Bitcoin. The crypto is held in custody with Fireblocks, a digital asset security platform. Repayments can be made in either cash or crypto, and borrowers can exit...