News of the week. Friday, December 10


Friday, December 10. The week is coming to an end, so we can talk about the most interesting news in the crypto industry over the past day.

Tesla robots will not let civilization disappear

During a speech at the Wall Street Journal conference, Elon Musk said that Tesla robots will prevent the collapse of human civilization. In addition, they will help reduce low fertility.

“The economy is based on labor. There are not enough people. In my opinion, one of the biggest threats to civilization is low birth rates, ”Musk said.

Elon Musk again emphasizes the fact that Tesla can be considered a robotics company from the point of view of software. Tesla self-driving cars are like four wheeled robots that use artificial intelligence to navigate the real world.

The billionaire did not say when the humanoid robots will appear.

Recall that in the summer, Elon Musk introduced the Tesla Bot robot. Which, according to Musk himself, is intended to solve “dangerous, monotonous and boring tasks.”

SushiSwap was left without a technical director

The technical director of the SushiSwap exchange, Joseph Delong, left the post without receiving the support of the current project team.

It all started after the unexpected departure of the project manager. DeLonge is believed to have been the initiator of the departure. Several developers followed the lead of the project. They brought the differences out to the public.

Joseph DeLonge called the accusations “absurd” and threatened to leave the project if he refused to give key developers “more autonomy.”

In addition, he doubted that the chaos within the project could be eradicated. He recommended moving key positions outside the decentralized autonomous organization, with effective mechanisms for managing the team.

Dogecoin made it into the top 5 Google searches in 2021

Meme coin Dogecoin was ranked fourth on the list of most frequently searched Google searches around the world in the News category.

The greatest interest in DOGE throughout the year was shown by residents of the USA, Turkey, Canada, Singapore and the Netherlands.

The top ten frequently asked questions about the price of the second cryptocurrency in terms of capitalization – Ethereum.

Recall that in November, experts from The Advisor Coach stated that Dogecoin was the most popular cryptocurrency in searches in 23 US states. Analysts explained the leadership of DOGE by the attention to the assets of Elon Musk.

MicroStrategy added 1 434 BTC to its portfolio

MicroStrategy, a provider of analytical software for business, has bought an additional 1 434 BTC for a total of more than $80 million.

According to the information from the report, the average price was about $57 477. The purchase was in the period from November 29 to December 8. The funds spent on the purchase of BTC correspond to the company’s revenue, which was obtained through the sale of 119,828 shares.

At the moment, the company owns 122 478 BTC, on which more than $3 billion was spent.

As a reminder, MicroStrategy was the first publicly traded company to invest in digital assets. In August 2020, the provider of business analytics software bought 21 454 BTC (about $250 million at the exchange rate at the time).

The company continues to increase the volume of cryptocurrency, in accordance with the strategy approved by the board of directors.

In December last year, MicroStrategy began using not only personal capital, but also debt financing to buy digital assets, placing $650 million in convertible bonds.

Throughout the year, the company continued to invest in cryptocurrency. The largest purchases were 13 005 BTC in the summer and 7002 BTC at the end of November.

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