Norton is facing a fresh wave of criticism over a feature that allows subscribers to mine crypto when their computer is idle.
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Goldman Sachs: BTC can hit $100,000
Goldman Sachs believes Bitcoin can hit $100,000. The investment bank's prediction hinges upon the world's biggest cryptocurrency continuing to wrestle market share away from gold. Analyst Zach Pandl's target has a longer-term view — and anticipates this may happen within the next five years. If realized, this six-figure milestone would be a 115% increase from the price of $46,458 seen at the time of writing. Estimates suggest that the public own $2.6 trillion worth of gold at present.
Norton Crypto faces fresh criticism
The antivirus giant Norton is facing a fresh wave of criticism over a feature that allows subscribers to mine crypto when their computer is idle. First unveiled last summer, Norton Crypto enables users to participate in a pool that's designed to uncover brand-new Ether. The controversy lies in how Norton takes a 15% cut of the crypto generated through mining — and on top of that, users need to pay transaction fees if they want to transfer funds to a Coinbase wallet.
OpenSea now valued at $13.3 billion
OpenSea has raised $300 million in a Series C funding round — taking the NFT marketplace's total valuation to a whopping $13.3 billion. In a blog post, the company says that it plans to use this capital to accelerate product development, improve customer support and levels of safety on the platform, "meaningfully invest in the wider NFT and Web3 community," and grow its team further. CEO Devin Finzer wants OpenSea to become "the world's friendliest and most trusted" NFT platform.