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Cattle Prod This Unicorn: Beyond Meat’s Stock Will Kill Your Portfolio

By CCN: In yet another example of the ongoing irrational exuberance in the stock market, Beyond Meat soared 15% in after-hours trading to $115 after its first post-IPO earnings report. Or rather, its first post-IPO loss report. Once again, the stock market insists on valuing money-losing businesses in the billions of dollars. Beyond Meat Stock Price […]

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At Least 100 XRP Wallets Alarmingly Exposed at Ripple Service Provider

By CCN: Gatehub Founder and CEO Enej Pungercar wrote a public letter disclosing that the company’s infrastructure had been compromised and at least 100 wallets were likely affected. The letter explains that an exploit was located in the company’s API, which enabled certain wallets to be affected. Users were urged to get their money off […]

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AT&T's streaming bundle with HBO could start at $16

AT&T's streaming video service, which will bundle HBO, Cinemax, and a wide selection of Warner Bro. films and television, is shaping up to be a surprisingly good deal. AT&T will be pricing the bundle at between $16 and $17 a month, reports th… Source: engadget

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A $100 Million CFTC-Registered Fund Makes Long-Term Bet on Ethereum

By CCN: Bloomberg’s Matthew Leising profiled  Darma Capital. It’s a $100 million crypto fund with a bullish view on Ethereum and a visionary approach to the future of the internet. You might say they’re long Ethereum above all. The hedge fund is helping high-net-worth accredited investors to position themselves for a decade long ether bull […]

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‘BTS World’ makes you the band’s manager on June 26th

If you could go back to 2012 and relive your life from that point onward, what would you do? Would you prevent yourself from making crucial, immature mistakes? Would you invest your money or wisely? Or would you instead become the new manager of the… Source: engadget