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Author Insists Current Gold Price Cheaper Now Than in 1980


While gold is generally perceived to be the best hedge against inflation, a report written by author Kelsey Williams has now questioned this longstanding assertion. In the report, Williams argues that the current gold price of around $1,810 per ounce is much lower than the commodity’s...

A New Academic Paper Describes 3 Attack Methods Against an Ethereum PoS Chain


Following the Altair upgrade on the Ethereum network, the protocol’s native cryptocurrency reached a new all-time price high. Altair is the next step for the Ethereum’s network’s proof-of-stake (PoS) transition. However, a recently submitted white paper explains that a group...

5 Bitcoin Forks: How They Performed Against BTC?


Hard forks are a unique way to resolve disagreements on proposed protocol upgrades in cryptoasset networks. In the case where a faction within a cryptocurrency’s community disagrees with the majority of network participants, they can fork the code and operate their “own” chain.  This is what...

Islamic Organization in Indonesia Issues Fatwa Against Cryptocurrency


A provincial branch of one the largest Islamic organizations in Indonesia has declared cryptocurrency “haram,” or forbidden under religious law. The decision came after a “heated discussion” joined by a crypto expert who was invited to explain in detail the practice...

Terraform Labs CEO Do Kwon Is Suing the SEC


Do Kwon, co-founder and CEO of Terraform Labs, the company that backs the Terra blockchain ecosystem, is suing the U.S. Securities and Exchange Commission (SEC). Kwon, who was served a subpoena while appearing at Messari’s Mainnet conference as a presenter, states this behavior was against...

Billionaire Paul Tudor Jones Now Prefers Crypto Over Gold as Inflation Hedge


Billionaire hedge fund manager Paul Tudor Jones says that bitcoin is currently “winning the race against gold.” He added that the cryptocurrency is his preferred inflation hedge over gold. Paul Tudor Jones Chooses Bitcoin Over Gold Paul Tudor Jones, the founder of asset management...

China Ready to Get Tough with Crypto Crackdown Enforcement


the central People’s Bank of China (PBoC) and called on companies in the country to take punitive measures against crypto-trading customers. It also warned overseas platforms targeting Chinese customers that they could face penalties.Similar statements have been made in the past, but the cryp

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