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You Searched For "cryptocurrencies and luxury spending" and got 20 results


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Pete Syme,Taylor Rains   


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1 min read

Crypto firm BKCoin hit by emergency asset freeze over alleged $100 million Ponzi scheme that paid for co-founder's rent and vacations

BKCoin's co-founder was accused of spending $371,000 of investor money to pay for vacations, sporti…

Zahra Tayeb   


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7 mins read

'I'd been suicidal for days': Sam Bankman-Fried lieutenant testifies about immense pressure to keep FTX crypto scam going before it all crashed

Nashad Singh, FTX's former head of engineering, testified in SBF's criminal trial about spiraling i…

Jacob Shamsian   


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3 mins read

Rolex Daytona prices continue to slide on the resale market as the crypto crash wipes out wealth of newer collectors

Resale prices for the most popular variant of the Cosmograph fell 16% from their peak in April, but…

Dominick Reuter   


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5 mins read

I make $140,000 a year running a digital nomad agency from Bali but here's why it's not worth living there anymore

Olumide Gbenro is a digital marketer that lived in Bali. He recently left the island, as he felt it…

Marielle Descalsota   


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3 mins read

One of America's largest homebuilders just opened its first community in the metaverse as more homebuyers in the real world cancel their orders

KB Homes designed a metaverse community to promote "exploration and engagement" among its customers…

Robert Davis   


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1 min read

Roblox has added nearly $26 billion to its market cap as metaverse mania pushes its value past brands like FedEx and Ferrari

CEO David Baszucki told Bloomberg Roblox could eventually be used to facilitate a frog dissection i…

Natasha Dailey   


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2 mins read

Apple Pay users can now buy products with bitcoin using BitPay's Prepaid Mastercard

BitPay said its BitPay Prepaid Mastercard could be used on Apple Wallet, bringing bitcoin to Apple …

Kevin Shalvey   


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3 mins read

The Gen Zer who launched a website for artists to buy and sell high-end bongs believes people will soon collect them like fine china

Riley McDonnell wants to build the Sotheby's of glass bongs and pipes. This year alone, his company…

Dominic-Madori Davis   


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2 mins read

10 things in tech: Bezos tax credits, Facebook smartwatch, Mars helicopter landing

We have the details on Facebook's smartwatch, Bezos' tax credits, and Ingenuity's latest Mars landi…

Jordan Parker Erb   


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3 mins read

Meet 26 fintech venture capitalists who are still bullish on the sector

The biggest story in tech right now is that some venture capitalists are still bullish on fintech, …

Jordan Parker Erb   


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9 mins read

Inside wealthy kids' weird, pricey pandemic purchases, from $1,000 Patagonia fleeces to a $31.8 million T. rex

Affluent millennials and Gen Zers have taken up quirky hobbies and investments to stave off boredom…

Dominic-Madori Davis,Hillary …   


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3 mins read

Gen Z's surging economic power will permanently change the investing landscape over the next decade, Bank of America says

Gen Z's earnings are set to hit $33 trillion by 2030, the bank said. By 2031, the youngest generati…

Ben Winck   


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5 mins read

GST had its hits and misses but made ₹1.3 lakh crore monthly tax, the new normal

Under GST, a four-rate structure that exempts or imposes a low rate of tax of 5 per cent on essenti…

PTI   


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14 mins read

A hacker ripped me off for $10,000. The scam turned out to be brilliant and terrifying.

Verizon, Chase, and the police were all useless when my identity got hacked. Then Psycho Bunny came…

Avery Hartmans   


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7 mins read

Meet the millennial crypto-art entrepreneurs backed by Gary Vaynerchuk who want to dominate the 'wild, wild west' of the NFT market

IKONICK, an online art company, tapped into the millennial art buyer with motivational, meme-inspir…

Hillary Hoffower   


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1 min read

10 things you need to know before the opening bell

8. Stocks are mixed. European equities dropped with Germany's DAX down 0.4% and Britain's FTSE 100 …

Theron Mohamed   


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4 mins read

Bitcoin millionaires are buying Lamborghinis as a status symbol of crypto wealth, and the carmaker says sales are rocketing

Crypto millionaires aren't necessarily responsible for the uptick in Lamborghini sales. A relativel…

Melia Robinson   


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13 mins read

Cheryl Teh   


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2 mins read

What you need to know on Wall Street today

Tech companies in the S&P 500 dropped as much as 2.1% on Thursday amid renewed selling in the m…

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