BlackRock CEO Larry Fink Evolves from Crypto Skeptic to Embracing Bitcoin as Mainstream Store of Value
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BlackRock CEO Larry Fink has pivoted from being a crypto skeptic to embracing Bitcoin as a mainstream asset. His views have evolved over the years.
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Fink previously called Bitcoin an index of money laundering but now recognizes its potential as a store of value.
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BlackRock has made moves to support crypto, hiring a digital assets head and investing in crypto companies.
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Bitcoin recently rallied to its highest price since May 2022, leading to gains for crypto companies' public stocks.
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A major vulnerability in Bitcoin's Lightning Network could compromise fund security and disrupt transactions.
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