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Economist Steve Hanke Warns of an ‘Ugly’ Recession Looming and Accuses Federal Reserve of Directionless Policies
17.6.2023
Steve Hanke, an economist and professor of Applied Economics at Johns Hopkins University, as well as a former member of Ronald Reagan’s Council of Economic Advisors, recently expressed his belief that the U.S. Federal Reserve is lacking direction and “doesn’t know what it is doing.” Hanke...
China to Showcase Digital Yuan at Summer World University Games
15.6.2023
Student athletes from around the world will get the chance to use China’s digital yuan in July, with the CBDC put to use at the Summer World University Games in Chengdu.
Per the Chinese media outlet The Cover, the games will become the first “major international sports event” to “officially...
Canada's Largest University Starts XRP Validator in New Partnership With Ripple
12.6.2023
The partnership between University of Toronto and Ripple is part of the latter's University Blockchain Research Initiative (UBRI) in Canada
Crypto Exchange Bybit Announces AED 1 Million Scholarship Fund at UAE University
7.6.2023
As the regulatory environment in the United States become too hot to handle, cryptocurrency exchanges continue expanding their reach for better business environments. The United Arab Emirates (UAE) presents as one of these greener pastures. One of the most popular exchanges in the world, Bybit,...
Economist Discusses BRICS Currency’s Prospect of Becoming Global Currency
7.6.2023
Economist Alexis Habiyaremye from the University of Johannesburg says that a proposed common BRICS currency, if used effectively and systematically for all trade transactions between BRICS nations, would “alleviate the burden on these countries to finance” the “disproportionate advantage that...
Openai Boss Sam Altman Claims He’s Not Involved in Worldcoin’s Day-to-Day Operations at All
6.6.2023
After Tools for Humanity, the team behind the biometric cryptocurrency project Worldcoin announced it had raised $115 million in a Series C led by Blockchain Capital, Sam Altman, co-founder and chief executive of the artificial intelligence (AI) firm Openai, clarified at an event held at Tel Aviv...
Binance CEO Claims Chinese Communities Are ‘Buzzing’ After CCTV Airs Crypto Segment
25.5.2023
On May 24, Binance CEO Changpeng Zhao, also known as CZ, shared through Twitter that “Chinese speaking communities are buzzing” following a news broadcast by state-operated media network China Central Television (CCTV) regarding Hong Kong’s latest cryptocurrency-focused regulatory...
US university gets $20M to create new AI institute
22.5.2023
The U.S.-based university Carnegie Mellon received $20 million in federal funding to create a brand new AI institute aimed at shaping public policy
Entire Class Of College Students Almost Failed Over False AI Accusations
18.5.2023
A class of seniors at a Texas university almost had their diplomas rejected and graduation rescinded, all because a professor reportedly used ChatGPT to falsely determine that the students’ final essays were written by artificial intelligence. Read more
Bitcoin and proof-of-stake have natural ‘synergy’: Bitcoin Builders 2023
18.5.2023
Stanford University professor David Tsè said his team’s research had revealed a security property between Bitcoin and proof-of-stake protocols
US Dollar’s Importance Declining in International Transactions and as Reserve Currency, Economist Says
17.5.2023
A Canadian economist and professor at the University of British Columbia says the role of the U.S. dollar in international trade and as a reserve currency has been declining. “Other currencies have been getting more important in international transactions and as reserve currencies,” he stressed....
Forget Cambridge Analytica — Here’s how AI could threaten elections
12.5.2023
While disinformation is an ongoing issue that social media has only contributed to, AI could make it much easier for bad actors to spread disinformation
Saudi Arabia Joining BRICS Would Accelerate Chinese Yuan’s Use as Trading Currency, Says Professor
6.5.2023
Professor Ashok Swain of Uppsala University’s Department of Peace and Conflict Research says Saudi Arabia joining the BRICS economic bloc “would accelerate the bilateral trading being conducted using the yuan as the trading currency. ” How Saudi Arabia Joining BRICS Could Boost Use of Chinese Yuan...
Gary Gensler links crypto with cash in viral 2018 video — Crypto Twitter reacts
26.4.2023
The 2018 MIT professor Gary Gensler didn’t think most ICOs triggered U.S. securities laws
ETH Boston Conference and Hackathon Returns April 28-30 at Boston University
24.4.2023
PRESS RELEASE. ETH Boston and The Boston DAO are thrilled to announce the return of ETH Boston, a conference and hackathon event taking place at Boston University on April 28-30, 2023. The conference will feature three stages of 50+ industry experts, founders, and builders, technology-specific...
Iranian Professor: Saudi Arabia May Join De-Dollarization Shift as US Dollar Is Now ‘Unreliable and Dangerous’
21.4.2023
A University of Tehran professor and member of Iran’s Presidential Delegation to China has stressed the importance of de-dollarization for the international community. “The dollar has been used as a weapon by the U.S. against different countries. It is unreliable and it is dangerous,”...
Report: Nigeria-China Currency Swap Agreement Fails to Ease Pressure on the Naira
16.4.2023
Nigerian economic experts have said the country’s five-year-old currency swap agreement with China has not eased the pressure against the Nigerian currency. According to one expert, implementation of the swap arrangement is being held back by the size of the trade imbalance between Nigeria...
Yellen Says US ‘Not Willing to Allow Contagious Bank Runs,’ Calls OPEC Oil Production Cut ‘Unconstructive’
6.4.2023
Roughly 26 days ago and in the following days, the U.S. witnessed two significant bank failures when Silicon Valley Bank and Signature Bank collapsed. After speaking at an event on Monday at Yale University, Janet Yellen, the current U.S. Treasury secretary, told reporters that she was closely...
Biggest Movers: Cardano Moves to 6-Week High, Climbing by Over 6% on Friday
31.3.2023
Cardano moved to a six-week high on Friday, as consumer sentiment in the United States fell by more than expected. The University of Michigan’s monthly report fell to a reading of 62 in March, lower than the 63.2 sum markets were expecting. Chainlink also climbed, breaking out of a...
Bitcoin, Ethereum Technical Analysis: BTC Drops Below $28,000, ETH Under $1,800
31.3.2023
Bitcoin was once again trading below the $28,000 level on Friday, as markets consolidated ahead of a key day of economic data. The University of Michigan releases its monthly consumer sentiment report, which is expected to come in lower than February’s sum. Ethereum also declined...