Ocean ‘lover’ Barbie, a tulip bulb update and the Olympics in, er, 2036

Impression of the 7 days: Crushed crypto

Cryptocurrencies are a “tulip bulb” with “no inherent worth”, in accordance to Luke Ellis, manager of hedge fund manager Man Team. These bitcoin-mining equipment unquestionably no for a longer time have any inherent worth, owning been crushed by a steamroller on the instruction of Malaysian law enforcement in Miri, Borneo. Authorities have seized $1.25 million (€1.05m) truly worth of the machines from crypto-miners, who have been accused and in some cases convicted of thieving electricity to electric power the power-sucking equipment. Bitcoin mining, which calls for some high-degree maths and very a bit of processing power, is the way new bitcoins enter circulation. And as every single bitcoin has a investing worth of about $40,000 – or at the very least it did previously this week – this insane company is worthwhile for some.

In figures: Barbie growth

41%

Internet sales enhance yr-on-yr

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