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could pose a systemic risk. crypto was billed by some as a hedge against inflation. with prices are soaring, it should be thriving, but it turns out this digital gold is not as valuable as real gold, traditionally considered a safe place to put your money during turbulent times. american billionaire mark cuban about what is happening in crypto right now is to what happened in the internet bubble, the period in the early 1990s sent the value of internet so skyhigh before the crust back to earth in the early 2000. the prolific crypto investor said that as with the early internet, companies that are providing useful services will survive, even if many disappear and was now looks to be a widespread sell off. us treasury secretary janet yellen was facing questions from congress on thursday. she was asked about the possible risks to the financial system posed by crypto, particularly stablecoins supposedly backed by reserves of cash or bonds, which have become central to the crypto market. he

American billionaireInternet bubbleMark cubanCrypto marketJanet yellenCongress on thursday