📈 Bitcoin Jumps to $50,000
Today’s Picks
Bitcoin Jumps to $50,000 as Record-Breaking Rally Accelerates. Bitcoin blew through another milestone, surging past $50,000 for the first time as the blistering rally in the largest cryptocurrency continues to captivate investors worldwide. (Olivia Raimonde via Bloomberg) Also: CNBC
A Deep Green Freeze. Gas and power prices have spiked across the central U.S. while Texas regulators ordered rolling blackouts Monday as an Arctic blast has frozen wind turbines. Herein is the paradox of the left’s climate agenda: The less we use fossil fuels, the more we need them. (Wall Street Journal) Also: Bloomberg
Billionaires See VR as a Way to Avoid Radical Social Change. The future of virtual reality is far more than just video games. Silicon Valley sees the creation of virtual worlds as the ultimate free-market solution to a political problem. (Matthew Gault via WIRED)
Japan's Uncovered Fund launches $15M fund to back early-stage startups in Africa. Uncovered Fund, a VC firm targeting early-stage startups in Africa, announced today that it has launched its $15 million fund which is expected to close at the end of June this year. (Tage Kene-Okafor via TechCrunch)
After pausing the business, Fronted finally launches to offer loans to cover rent deposits. Fronted, the London-based fintech aiming to make life easier for renters, including lending the cash needed for a deposit, has finally launched. (Steve O'Hear via TechCrunch)
Microsoft: SolarWinds attack took more than 1,000 engineers to create. The months-long hacking campaign that affected US government agencies and cybersecurity vendors was "the largest and most sophisticated attack the world has ever seen," Microsoft president Brad Smith has said, and involved a vast number of developers. (Liam Tung via ZDNet)
Artificial Intelligence And The End Of Work. Stanford is hosting an event next month named “Intelligence Augmentation: AI Empowering People to Solve Global Challenges.” This title is telling and typical. (Rob Toews via Forbes)
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