Investors claim the deal led to total losses of around $4.2 billion when the company collapsed during the crypto contagions of 2022. The lawsuit alleges the NBA was “grossly negligent” in agreeing to a marketing deal between Voyager and Mark Cuban’s Dallas Mavericks. Moreover, several NBA teams had deals to promote crypto companies like Voyager...Read More
Mark Cuban recently took to X on Monday afternoon for a spontaneous Ask Me Anything (AMA) session with his 8.8 million followers, where he touched on various topics, including crypto-related ones. When asked about his preferred cryptocurrency ventures beyond Bitcoin and Ethereum, Mark Cuban highlighted Polygon and Injective, declaring, “I’ve invested in both (DYOR).” Dallas...Read More
Elon Musk and Mark Cuban have joined forces to challenge the U.S. Securities and Exchange Commission’s (SEC) practice of conducting in-house trials without juries. The duo has presented a joint amicus brief to the Supreme Court, raising questions about the legitimacy of the SEC’s administrative proceedings and their implications for the Seventh Amendment right to...Read More
The celebrated US investor, TV personality, and owner of the Dallas Mavericks had one of his MetaMask wallets drained through what appears to be another successful phishing attack. The total value of the siphoned funds is close to $900,000, according to on-chain data. Popular crypto sleuth WazzCrypto took it to X on Friday evening to...Read More
Billionaire tech investor Mark Cuban fought a lengthy Twitter debate with former Securities and Exchange Commission (SEC) official John Reed Stark – a crypto skeptic who believes the promise of blockchain has “long since faded.” While Cuban objected to his core arguments about the potential of the industry and the SEC’s role in it, he...Read More
Dogecoin co-creator Jackson Palmer is back with more harsh words for the crypto industry, community, and its influencers. This time, he’s after Mark Cuban. The Adobe engineer accused the investor of running a “grift” by trying to claim a stake in the “extractive, grifty system of cryptocurrency.” Drinking the Crypto Kool-Aid In an interview with...Read More
Voyager Digital investors and Dallas Mavericks fans are lashing out at the NBA team’s owner Mark Cuban for his role in promoting the insolvent lending platform’s unregulated crypto products. The billionaire entrepreneur is now facing a civil lawsuit. According to the court document, the plaintiffs alleged that Cuban and Voyager Digital CEO Stephen Ehrlich targeted...Read More
The American billionaire investor and owner of the Dallas Mavericks – Mark Cuban – believes Ethereum’s transition from a Proof-of-Work consensus mechanism to Proof-of-Stake could be a double-edged sword. In his view, the investors’ excitement surrounding the move could surpass the actual use-cases of “the Merge” and create a “sell the news” event. Cuban also...Read More
The global media company Forbes questioned 65 of the world’s wealthiest people to find out what chunk of them are part of the cryptocurrency ecosystem. Per the results, 30% have directly or indirectly invested in digital assets. Billionaires Like Crypto More Than Non-Billionaires Some of the wealthiest individuals like Warren Buffett and Jamie Dimon are...Read More
Speaking to CNBC on Jan. 11, the billionaire investor said he looks for utility when researching crypto investments. He followed up with “tokens trading are the least important part of crypto” in a Tuesday tweet. Decentralized platforms leveraging smart contract technology and DAOs are his preferred choices, he stated. Tokens trading are the least important...Read More
The owner of the Dallas Mavericks – Mark Cuban – argued that Bitcoin (BTC) could not be considered a hedge against inflation. He once again opined that Dogecoin (DOGE) is better suited for payments than the primary cryptocurrency. ‘It’s Not And Never Will Be’ Over the past couple of years, the American billionaire Mark Cuban...Read More
Data from the research company Civic Science revealed that roughly 4% of US residents have resigned from their jobs over the past 12 months as they have made sufficient profits from cryptocurrency investments. Interestingly, the majority were low-paid workers with annual salaries of less than $50,000. Crypto Gave Them Reason Not to Work The poll...Read More
Fans of the NBA team, the Dallas Mavericks, will soon be able to purchase merchandise with discounts if they use Dogecoin as a payments method, announced the club’s owner – Mark Cuban. He also argued that he’s not trying to shill the meme coin as people prefer to use it. The Lovestory Between the Mavs...Read More
The billionaire owner of the Dallas Mavericks has gone big into crypto and DeFi. In a blog post titled “The Brilliance of Yield Farming, Liquidity Providing, and Valuing Crypto Projects,” he has simplified the process of liquidity provision and yield farming. DeFi yield farming exploded onto the scene in mid-2020 when the Compound Finance protocol...Read More
While explaining the potential impact of decentralized autonomous organizations on legacy businesses, billionaire investor Mark Cuban, who recently joined the cryptocurrency space, ironically denied referring to Cardano’s blockchain. No, Not Cardano, Says Cuban Mark Cuban used to be among the many critiques of the cryptocurrency industry in the past. However, as it happened with quite...Read More
Digital currency prices have slumped again as the entire crypto market capitalization has dropped below $200 billion. At press time, most of the top digital assets are down a few percentages after gathering some gains over the last few days. With multiple coins getting rejected after trying to surpass upper resistance, skeptics think crypto prices...Read More
Mark Cuban attacks bitcoin and says that the cryptocurrency has zero chance to become a reliable currency. Cuban made his billions by investing early in the internet. It would seem that the billionaire has the wrong idea on the security and value of the top cryptocurrency. Mark Cuban caught the attention of the cryptocurrency community...Read More
American businessman and investor Mark Cuban believes that Bitcoin has “no chance” of becoming a reliable currency. Amongst other criticisms, the billionaire believes the digital asset is too difficult to use for the average person.Naturally, Bitcoin’s staunchest proponents disagree. Some have said that Cuban sounds like a critic of the early internet. Others have offered...Read More
Mark Cuban has made a fortune by investing in innovative technologies, but this doesn’t mean he loves everything new that comes along. Case in point is cryptocurrency as the billionaire has made his disdain of virtual currencies clear. In an interview with Forbes, he said there is “no chance” that Bitcoin will ever be used...Read More
