Elon Musk’s brother said today’s crypto is a ‘nonstarter’ and he’s ‘violently opposed’ to anything that environmentally damaging

Selina Johansson

Kimbal Musk.Axelle/Bauer-Griffin/FilmMagic Kimbal Musk told Input Magazine that cryptocurrency, as it stands today, is a “nonstarter.” That’s because of the environmental effects of the huge amount of energy crypto mining requires. His brother Elon Musk stopped allowing bitcoin payments for Tesla vehicles for the same reason. Both Musk brothers think […]

Crypto eyed as sanctions pressure mounts on Putin

Selina Johansson

As the U.S. and other Western powers line up to impose sanctions on Russia for its armed incursion into Ukraine, the looming economic penalties are likely to squeeze the energy giant’s economy. However, there are questions about whether the booming cryptocurrency sector could allow oligarchs close to Russian President Vladimir […]