Around 2008, an ambitious startup decided to dig a tunnel from Chicago to New York. It would be an arduous and expensive task, with a final price tag of $300 million. But the tunnel would move spectacularly valuable payloads at unprecedented speeds, and customers would pay handsomely for the privilege. The tunnel was not, however, […]

As we wrap up a year jam-packed with high-profile adoptions of crypto by big players, yesterday may have given us the concluding exclamation mark. Days after Jack Dorsey announced that he was stepping down as Twitter CEO, the other company Dorsey runs announced that it was changing its corporate name from “Square” to “Block.” For […]

Bitcoin continues to trade in a familiar range as traditional markets exhibit improved risk appetite, with investors eyeing the release of the U.S. monthly employment report. The top cryptocurrency was trading near $57,000 at press time, extending a three-day-long consolidation in the range of $55,800 to $59,300. European stocks traded higher, tracking an overnight bounce […]