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Dollar’s Reserve Currency Status Is the United States’ Reward for Controlling the Seas – Billionaire Mike Novogratz
15.1.2024
According to Mike Novogratz, the United States’ control of the seas enables it to maintain the dollar’s reserve currency status. Novogratz suggested that the U.S. and United Kingdom’s joint strikes on Yemen were necessary because they give residents the “benefit of borrowing...
Skybridge Capital’s Anthony Scaramucci States Biden’s Anti Crypto Policies Will Cost Him the Election
11.1.2024
Anthony Scaramucci, founder of Skybridge Capital, a private global investment firm, believes that the anti-crypto policies brought by the Biden administration might affect the outcome of the upcoming elections. He states that 52 million Americans, representing 20% of the voting population...
No, a Trump Victory Might Be Bad for Crypto
9.1.2024
A response to Politico’s article predicting good times if the ex-POTUS wins re-election
Economist Warns the Demise of US Dollar Hegemony Is ‘Really Upon Us’
29.12.2023
Economist Stephanie Pomboy has warned that the “demise of the U.S. hegemony is really upon us,” emphasizing that the Biden administration and many U.S. policymakers in Washington “are just sleeping right through it.” She pointed out that a growing number of nations...
Crypto Mogul Novogratz Chooses Phillips Over Biden for Political Support
13.12.2023
Source: a video screenshot, Bloomberg Television / YouTube Mike Novogratz, a prominent investor in the cryptocurrency space and a long-time supporter of Joe Biden, is set to fundraise for Representative Dean Phillips, a Democratic primary challenger to the president. Novogratz, the CEO of Galaxy...
Democratic Presidential Candidate Dean Phillips Says Biden and Trump Don’t “Understand” Crypto
12.12.2023
Source: Pixabay Representative Dean Phillips, a member of the United States House of Representatives running against Joe Biden for the Democratic nomination in the 2024 presidential election, recently criticized President Joe Biden and former President Donald Trump for their positions on crypto....
Economist Steve Hanke Blasts Nobel Laureate Paul Krugman’s ‘Global Phenomenon’ Inflation Remark
11.12.2023
Johns Hopkins University applied economics professor Steven Hanke has lambasted fellow economist and Nobel laureate Paul Krugman’s claim that inflation is a “global phenomenon.” Paul Krugman suggested that progressive U.S. citizens can still be convinced that the Biden...
SEC’s Absence at Binance Settlement Announcement Raises Questions
5.12.2023
SEC building. Source: Adobe / qingwa The recent $4.3 billion settlement between Binance and various US government agencies, announced by top Biden administration officials, has stirred controversy due to the absence of Securities and Exchange Commission (SEC) Chair Gary Gensler at the announcement....
Sam Altman’s ouster shows Biden isn’t handling AI properly
22.11.2023
What happened with Sam Altman behind the scenes? Neither OpenAI nor Microsoft have provided all the answers. The industry deserves more congressional scrutiny
58 US Lawmakers Probe Biden and Yellen on Hamas’ Crypto Operations
17.11.2023
Fifty-eight U.S. lawmakers have probed President Joe Biden and Treasury Secretary Janet Yellen regarding Hamas’ digital asset operations, as well as whether the U.S. has had success in seizing illicit cryptocurrencies. Despite reports that terrorist groups have raised millions in crypto,...
Xi Jinping Vows No Hegemony in China’s Approach to US, Aiming for Stable Ties
16.11.2023
On Wednesday, Chinese President Xi Jinping delivered a speech emphasizing China’s aspiration for harmonious ties with the United States. The Chinese head of state conveyed his vision of an enhanced “friendship in the new era” between the two influential countries. He firmly...
Crypto-Friendly Lawmakers Ask Biden, Yellen to Quantify Hamas' Digital Asset Fundraising
15.11.2023
A group of lawmakers led by
Moody’s Downgrades US Credit Rating to ‘Negative’ on Fiscal Deficits and Debt Concerns
11.11.2023
The credit agency Moody’s has revised the United States credit outlook to “negative” from “stable” due to concerns over persistent large fiscal deficits and diminishing debt affordability. The announcement follows a previous downgrade by Fitch and reflects ongoing...
Biden Administration Seeks More Tools to Combat Illicit Crypto Use, Says Treasury Official
9.11.2023
United States Deputy Secretary of the Treasury Wally Adeyemo says the Biden administration is seeking more tools to combat the illicit use of crypto. “We’re going to work with Congress to get more tools,” he stressed, advising the crypto industry to “make sure that you’re...
Cryptocurrency Confiscation on the Rise: Impact of IRS’s Surveillance Plans
8.11.2023
Source: AdobeStock / Vitalii Vodolazskyi As the Internal Revenue Service (IRS) moves forward with its plans to enhance surveillance of cryptocurrency transactions, some worry that it might lead to a surge in crypto confiscations. A 2022 report published by the Department of Justice (DOJ)...
Biden AI executive order 'certainly challenging' for open-source AI — industry insiders
7.11.2023
The executive order on AI safety from the Biden Administration has laid out its standards for the industry though its vagueness has raised concerns among the AI community over stifling innovation
NIST establishes AI Safety Institute Consortium in response to Biden executive order
2.11.2023
Documentation from NIST states the consortium will adopt a “broad human-centered focus” with “specific policies.”
President Biden Worried About AI After Watching Latest Mission: Impossible
1.11.2023
President Joe Biden signed an executive order designed to create the first real US regulations and suggestions about artificial intelligence on October 30. The order came after months of meetings about AI tech, though the White House also confirmed that, strangely, the new Mission: Impossible film...
FTX and the Case for Web3 YIMBYism
1.11.2023
White House’s AI Safety Order Leads to Slide for AI Tokens
1.11.2023
President Joe Biden’s recent Executive Order on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence has impacted the cryptocurrency market, with AI-related tokens dipping in value. The White House’s Executive Order introduces a regulation framework...