Venture capital money is fleeing crypto as regulators tighten their noose around the industry in a post-FTX crackdown, according to Shark Tank star Kevin O’Leary. The investor claimed on Monday that VC funding is now headed toward artificial intelligence. Why Regulators Are Mad During an interview published on Twitter, O’Leary described his experience attending various...Read More
WonderFi Technologies – a tech company that provides access to decentralized finance (DeFi) – has reportedly been mulling a merger agreement with the trading platform Coinsquare. The goal would be to establish the largest cryptocurrency exchange in Canada. A Deal on the Horizon As reported by Bloomberg, the two parties have been in advanced merger...Read More
The NFL legend Tom Brady and his ex-wife Gisele Bundchen collectively own nearly 1.8 million FTX shares. Their investment will most likely be entirely wiped out due to the exchange’s demise in November. Other prominent people and companies who invested in the former crypto giant include the likes of Kevin O’Leary, Robert Kraft, Thoma Bravo,...Read More
The infamous Canadian investor and Shark Tank star Kevin O’Leary spoke further about FTX’s collapse on Thursday, revealing the exact amount of money FTX paid him to promote their brand. He also broke down how much money he lost within the exchange, and what the investor mentality surrounding the company was like prior to its...Read More
The Canadian businessman and Shark Tank star Kevin O’Leary still believes Sam Bankman Fried’s future businesses could be worth investing in, despite losing money on FTX. O’Leary recently outlined the extent of his exposure to the exchange while arguing that there’s a “silver lining” in the company’s collapse. Mr. Wonderful’s Thoughts on FTX In an...Read More
Renowned TV personality and millionaire investor Kevin O’Leary said the Proof-of-Work(PoW) ban proposed by New York State would scare businesses away. According to the crypto bull, the state, along with California and Massachusetts, is uninvestable due to its poor management and unfriendly policies towards crypto businesses. Meanwhile, he did not see Terra’s failure leading to...Read More
Kevin O’Leary spoke at the Bitcoin 2022 Conference, voicing support for bitcoin and renewable proof-of-work mining. He believed regulations introduced by Bipartisan lawmakers could remove the uncertainty investors have felt towards the sector. Regulations on Cryptocurrency Incentivize Capital Inflow Kevin O’Leary, the famed investor and media personality nicknamed “Mr.Wonderful,” touted his support of renewable crypto...Read More
The Canadian businessman and television personality – Kevin O’Leary – views bitcoin as a coin, currency, and software. He believes that having exposure to BTC is the same as holding positions in giant corporations such as Microsoft or Yahoo. In addition, O’Leary predicted that BTC could surge to $300,000 once there is regulatory clarity in...Read More
