Should we be worried about insurtech valuations?

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Tesla CEO Elon Musk says U.S. government should avoid regulating crypto

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Tesla CEO Elon Musk on Tuesday said the U.S. government should steer clear of trying to regulate the crypto market. “It is not possible to, I think, destroy crypto, but it is possible for governments to slow down its advancement,” Musk said at the Code Conference in Beverly Hills, California. Musk was responding on stage to a question from New York Times columnist Kara Swisher. She asked whether the U.S. government should be involved in regulating the crypto space. “I would say, ‘Do nothing,’” he said. Tesla said early this year that it had purchased $1.5 billion worth of bitcoin. The value of those holdings swelled to about $2.5 billion in the second quarter as bitcoin prices surged. Bitcoin has since dropped, along with other cryptocurrencies. Musk, who has frequently touted his support for various digital coins on Twitter, is bullish on the role of crypto in potentially reducing the “error and latency” in the legacy money systems. But he acknowledged that crypto doesn’t have al...
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Bermuda Triangle mystery resolved?

A Science channel has reported that the mystery surrounding the Bermuda Triangle may have been solved. The region is located near North America and has seen the disappearance of countless aeroplanes and ships. According to a report, a group of scientists from the University of Colorado in the United States observed and studied the weather images, taken via satellite, where they saw unusual clouds over the region. They claimed that the clouds are acting as “air bombs.” Watch: Dajjal arrival, truth behind Bermuda Triangle mystery It has been further mentioned that the wind speed can go above the 170 miles-per-hour mark and the waves can go over 45 ft. The report added that no ships or planes will be able to survive the wind force. The Bermuda Triangle is unique as the clouds have straight edges. The recent theory has laid the foundation for further investigation and research for solving the abnormalities surrounding the area. Earlier, the wreckage of a coal ship that vanished in ...
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