Crypto Nightmare: This Brazilian Investor Just Accidentally Bought Bitcoin at $20,000

Every crypto investor’s worst nightmare came true for one Brazilian trader, who accidentally bought bitcoin at a massive premium. At one point, he bought 0.0047 BTC for 340 Brazilian reals, worth about $ 91. At press time, said amount of bitcoin is worth less than $ 15 on other exchanges, meaning at the rate he paid for a full bitcoin would’ve cost him the equivalent of over $ 19,400. The cryptocurrency trader placed his buy order on a local exchange called TemBTC, which isn’t among the largest platforms in Brazil. According to local news outlet Portal do Bitcoin, a potential explanation for what

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Why Uber’s Largest Investor Just Plowed Almost $1 Billion into Autonomous Vehicle Startup Nuro

SoftBank has a lot of faith in a startup called Nuro that wants to use autonomous vehicles to disrupt the grocery delivery space. Nuro just banked almost $ 1 billion from the multinational holding conglomerate to make that happen. Major Uber Shareholder Throws $ 940 Million at Autonomous Vehicle Creator The Japan-based SoftBank — best known as Uber’s largest shareholder — is investing $ 940 million into the robotic-delivery vehicle startup. The investment pushes the Mountain View, Calif.-based company’s valuation to $ 2.7 billion. According to Reuters, SoftBank’s funding came through its $ 100 billion Vision Fund, which usually picks up big stakes in fast-growing technology companies.

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235 DApps and $3.5 Billion in Transactions: Prominent Crypto Investor Sees EOS [and TRON] ‘Crushing it’

By CCN.com: Brock Pierce, a co-founder of Blockchain Capital, a major venture capital firm that focuses on the crypto sector, has said that EOS and TRON are thriving based on the number of decentralized applications (DApps) and active users on the two smart contract blockchain protocols. In the past year, as alternatives to Ethereum (ETH),

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‘If Humanity Was The Market, You Would Go Short Now’: Legendary Investor Pledges $1 Billion to Fight Climate Change

Stock market investment veteran and co-founder of $ 70 billion fund Mayo Van Otterloo, Jeremy Grantham, has pledged to spend 98 percent of his net worth – approximately $ 1 billion – on what he sees as a race against the ticking time bomb of humanity’s fragile deal with the environment. Bloomberg reports that through his foundation, Grantham and … Continued

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