Legendary Investor Bashes ‘Psycho-Currency’ Bitcoin, Then Accidentally Makes Crypto Case

Mark Mobius, founding partner of Mobius Capital Partners claims bitcoin’s emergence will further drive investors to gold. | Source: REUTERS/Francis Mascarenhas By CCN Markets: Mark Mobius, the legendary emerging-markets investor and founder of Mobius Capital Partners, referred to bitcoin as a “psycho-currency” on Tuesday in an interview with Bloomberg. He claimed the rise of “faith-based” […]

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China Is Racing to Launch a Digital Currency Ahead of FB’s Libra

The People’s Bank of China (PBoC) is almost ready to launch its government-backed digital currency, official sources say. An Aug. 20 report from the CPC-owned English-language news portal China Daily further revealed that the central bank digital currency (CBDC) may have been influenced by the unveiling of Facebook’s planned cryptocurrency, Libra.  ‘Inspiration from Libra’ After […]

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Google’s Stadia Console is Still Gaming’s Big Joke

Google’s gaming foray with ‘Stadia’ continues to attract plenty of skepticism in the gaming industry. | Source: Justin Sullivan/Getty Images/AFP By CCN Markets: Google revealed the Stadia, its mysterious gaming console/service earlier this year. Today, five months later,  Google hosted a new Stadia ‘connect’ event at Gamescom to reveal further details. Despite not many details […]

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