Fortune - The momentous moment of crypto
| View this email in your browser.   Fortune Crypto at a turning point The dramatic leaps and dives of digital coin prices have turned crypto investing into a profitable gamble for millions and a diverting spectator sport for everyone else. It’s easy to forget that the crypto phenomenon is rooted in technology whose idealistic designers wanted to tackle genuine, thorny business problems. But a funny thing happened on the way up to Bitcoin $60,000 (and back down again): Crypto hype has drawn more attention, and more funding, to blockchains’ broader potential. Investors who made a killing on price fluctuations are now pouring money into projects that put blockchains to work—building new markets for digital art, tracking problems in global supply chains, and above all making the financial system more efficient and accessible.
 Meet the 50 most influential people in the world of NFTs.  Companies from AT&T to WeWork are accepting Bitcoin and other crypto. But do customers want to spend it?  Ethereum is working on a big, risky upgrade that it says will reduce its carbon footprint by 99%. But not everyone is happy about it.  The problem is destroying lives and creating soaring demand for treatment.  VCs, hedge funders, and asset managers like Cathie Wood of ARK are taking new approaches to the fast-evolving crypto sector.  The founder of crypto exchange FTX wants to make billions, then give them away. But the downsides of his industry have begun to worry him.  Caitlin Long's advocacy helped make her home state a regulatory paradise for the crypto industry. Will the Fed follow Wyoming's lead?  The tech rebels behind "decentralized finance" want to change the way the world borrows, lends, and saves. Can they pull it off?  From kittens to NBA highlights, Roham Gharegozlou's Dapper Lab is bringing no-fungibles to the masses.  Ripple’s dramatic legal woes have become emblematic of the murky regulation enveloping digital currency.
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The Inside Story: Crypto at a Turning Point Date/Time: August 5, 2021, 1:00 PM (ET) This email was sent to you Unsubscribe from these messages here. Fortune Media (USA) Corporation 40 Fulton Street New York, NY 10038 |
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