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Federal Reserve CBDC Would Threaten Privacy and Freedom, Report Warns


The America First Policy Institute (AFPI) recently sounded the alarm on the potential dangers of transitioning to a central bank digital currency (CBDC). This revelation, in a report penned by Michael Faulkender and David Vasquez, highlights the probable perils associated with the Federal...

Study: Bitcoin Ordinal NFT Sales Nosedive as Broader Market Cools 


The buzz surrounding Bitcoin’s leap into the NFT world via Ordinals might be fleeting. A Dappradar study reveals that trading actions and sales figures for Bitcoin Ordinals have plummeted by a staggering 97% since their May 2023 zenith. This downturn mirrors a wider slowdown in the...

FDIC's Annual Risk Report Embraces Crypto as a Significant Banking Concern


Crypto assets present “novel and complex risks” to the banking sector that are “difficult to fully assess,” according to the Federal Deposit Insurance Corporation (FDIC)’s 2023 Risk Review for the banking sector. The report – published earlier this month – named “crypto-asset risk” among five...

Crypto Crashes and Climate Chaos: FDIC Highlights Key Banking Risks in 2023


The U.S. Federal Deposit Insurance Corporation (FDIC) flagged escalating risks from cryptocurrencies in its annual review of risks facing the banking industry. FDIC: Cryptos and Climate Top Risk List for Banks in 2023 Cryptocurrencies present “novel and complex risks” that are difficult...

Report: Embracer's $2 Billion Deal That Blew Up Was With Saudi Arabia


Embracer Group, the Swedish holding company that’s been buying up everything from Borderlands maker Gearbox Entertainment to the rights to The Lord of the Rings, saw its stock plummet earlier this year when a mystery $2 billion deal collapsed at the last minute. Axios now reports that the partner...

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