Peak times: Ticket for space trip with Jeff Bezos sells for $28m June 14, 2021 A mystery bidder has splashed out $28m (£20m) for a ticket to travel to space with Amazon boss Jeff Bezos. The sky-high bid was made at a live phone auction on Saturday, concluding a lengthy bidding process for a seat on the maiden voyage of the billionaire’s Blue Origin company. Bids reached $20m within four [...]
Bitcoin closes in on $40,000 as Elon Musk and Tanzania give the markets a lift June 14, 2021 On the back of El Salvador's Bitcoin adoption, Tanzania and Elon Musk are now delivering positive signs.
Bullish week sees Bitcoin recover market dominance, but will it last? June 11, 2021 The leading cryptocurrency by market cap hit a high of $38,334.33 yesterday, though it’s since fallen back to just above $37,000 this morning.
Space tech investor Seraphim announces plans for London IPO June 11, 2021 A space technology investor has this morning announced its intention to float in London. Seraphim Space Investment Trust will be the world’s first listed space tech fund as interest in the sector ramps up. There has been a race to commercialise spaceflight, with Jeff Bezos, Elon Musk and Sir Richard Branson all competing with each [...]
Decentralised mesh networks as an answer to Bitcoin’s inefficiency June 10, 2021 Bitcoin’s “Proof of Work” (PoW) is under the microscope, and for once it’s not about anonymity, security or whether the original cryptocurrency is set to disrupt traditional finance.
El Salvador adoption sparks Bitcoin boost – is a return $40k in sight? June 10, 2021 Bitcoin roused from its slumber yesterday, charging back from a low of $32,475 to more than $37k in a matter of hours.
Businessman from Bury invents crypto mining machines that can run on cow poo June 9, 2021 Elon Musk’s eco worries over cryptocurrency mining may have been solved… by an entrepreneur from Bury who has invented a crypto mining machine that can be powered by cow poo.
El Salvador’s Bitcoin adoption as legal tender triggers start of market recovery June 9, 2021 Crypto markets show some signs of recovery as El Salvador becomes first country to make Bitcoin legal tender.
LA firm raises £450m to 3D-print rockets to help us live on Mars (really) June 9, 2021 Blackrock and actor Jared Leto are among investors in a $650m (£450m) capital raise by a Californian firm which plans to 3D-print rocket boosters that the founder claims are part of efforts to live on Mars. Relativity Space, founded by Tim Ellis – a former engineer at Jeff Bezos’ space firm Blue Origin – is [...]
US investigates leaked records alleging billionaires including Musk and Bezos pay little tax June 9, 2021 The Treasury Department has asked authorities to investigate tax records cited in a media report that showed some of America’s richest people paid little to no income taxes. US media outlet ProPublica said it obtained a “vast trove of Internal Revenue Service data” on the tax returns of thousands of the nation’s wealthiest people, covering [...]