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Steve Hanke Blasts Bitcoin: It Is ‘Not a Currency’ and Has a ‘Fundamental Value of Zero’
28.3.2023
Steve Hanke, professor of applied economics at Johns Hopkins University, has criticized bitcoin, stating it is not a currency. The economist, known for his vocal opinions about crypto and for the promotion of dollarization initiatives in Latam, blasted bitcoin, saying it has a “fundamental...
Sadly, Kirby Will Not Turn Into A Hot Man If He Swallows A Hot Man
28.3.2023
Kirby’s whole thing is that he has a huge mouth, and anything he swallows he either absorbs their powers or transforms into. If he swallows Mario in a Smash fight he gets a red hat. In more recent times, if he puts a car in his mouth, he turns into a car.Read more
To be or not to be: Ethics, democracy and morality in the nascent metaverse
27.3.2023
If human interactions in digital reality should mimic those of real life, this raises questions as to what and who will dictate important moral judgements and ethical standards
Japan Set to Ask G7 & G20 to Bolster Crypto Regulation – And Not For the First Time
27.3.2023
Japan is set to make another attempt to convince G7 and G20 leaders to adopt streamlined crypto regulations.
Per Kyodo News, the Japanese government is set to take advantage of the fact that it will host a G7 summit in Hiroshima this May. Host nations are allowed to add items to the summit’s...
US Lawmaker Introduces Bill to Affirm Blockchain Developers and Non-Custodial Services Are Not Money Transmitters
27.3.2023
A U.S. lawmaker has introduced the Blockchain Regulatory Certainty Act to ensure that developers and non-custodial service providers in the crypto space are not considered money transmitters and are not subject to the same level of regulation as custodial cryptocurrency exchanges. “The longer...
Greenpeace Unveils ‘Skull of Satoshi’ to Spark Debate Over Bitcoin’s Environmental Impact; Creator Clarifies It ‘Wasn’t Meant to Be Anti-Bitcoin’
26.3.2023
Greenpeace, the well known environmental NGO, has unveiled the “Skull of Satoshi,” an art installation intended to spark debate about the impact of Bitcoin on the environment. The 11-foot skull was constructed with electronic waste materials and features smokestacks and Bitcoin logos....
Bitcoin Difficulty Increases for Third Time in Six Weeks, Miners Remain Undeterred With High Hashrate
25.3.2023
On March 23, 2023, bitcoin experienced another difficulty increase, following two previous rises in the last month, jumping 7.56% higher. Currently, bitcoin miners have not been deterred by the increases, as the network hashrate has been coasting along at 346 exahash per second (EH/s). Bitcoin...
US Banking Crisis: Nigerian Banks Not Directly Exposed to SVB Says Central Bank Governor
25.3.2023
A recent review of Nigerian banks’ bond portfolios showed that the institutions were not directly exposed to Silicon Valley Bank, the governor of the country’s central bank has said. In addition, the governor said the Central Bank of Nigeria’s stringent guidelines help to create...
Regulatory Pressure Did Not Shut Down Privacy Tool, Aztec Founders Say
24.3.2023
Despite U.S. efforts to sanction Tornado Cash and other crypto privacy tools, Aztec says it shut down its Ethereum zero-knowledge tools for “commercial” reasons
Russian Lawmakers ‘to Roll Out Crypto Legislation in April’ – But Not Everyone’s Happy About It
24.3.2023
Russian lawmakers say that long-awaited crypto legislation will be ready for debate in parliament next month – although critics have raised concerns.
Per Finam, Anatoly Aksakov, the Chairman of the State Duma’s committee on the financial markets, stated that the “regulation of cryptocurrencies”...
Crypto Is the Solution to Bank Runs, Not the Cause
23.3.2023
Self-custody, transparency and immediate settlement are just a few ways that crypto could prevent loss of funds
SEC Informs Crypto Exchange Coinbase of Potential Securities Law Violations
23.3.2023
The U.S. Securities and Exchange Commission (SEC) has sent Coinbase a “Wells notice” about potential violations of securities law. The Nasdaq-listed cryptocurrency exchange noted that, unlike what SEC Chairman Gary Gensler said, the securities regulator “will not let crypto...
Some Cross-Browser DevTools Features You Might Not Know
22.3.2023
I spend a lot of time in DevTools, and I’m sure you do too. Sometimes I even bounce between them, especially when I’m debugging cross-browser issues. DevTools is a lot like browsers themselves — not all of the features in …
Some Cross-Browser DevTools Features You Might Not Know originally...
Bitcoin price whipsaws as Fed says rate hikes may not be 'appropriate'
22.3.2023
Bitcoin sees swift fluctuations after the Fed hikes 0.25% but Chair Jerome Powell hints that policy may now change
Central Bank of Venezuela Lags in Delivering Economic Data, Experts Fear Upcoming Hyperinflation
22.3.2023
The Central Bank of Venezuela is lagging when it comes to delivering economic data this year, failing to publish the inflation numbers for the last four months. Venezuelan economists believe this delay might mean that the country is starting to enter a new hyperinflation period, with the government...
Biden Administration’s Economic Report Deems Crypto Assets ‘Mostly Speculative Investment Vehicles’
22.3.2023
On Monday, U.S. president Joe Biden published the administration’s economic report and addressed the subject of cryptocurrencies. The section titled “The Perceived Appeal of Crypto Assets” describes the currencies as “mostly speculative investment vehicles” that...
South Korean Regulator ‘Not Meeting SEC to Talk About Crypto’s Securities Status’
21.3.2023
A top South Korean financial regulator has denied reports claiming it is set to cooperate with the United States on efforts to classify certain cryptoassets as securities.
Per Hanguk Kyungjae, the South Korean Financial Supervisory Service (FSS) stated that reports that it was planning to meet...
Coinbase submits petition to explain to SEC that staking is not securities
21.3.2023
The company continues its fight against the recent Commission position on crypto staking
Argentine Tax Authority AFIP Detects Irregularities in 184 Digital Wallet Tax Statements
21.3.2023
The Argentine tax authority (AFIP) is increasing its scrutiny when it comes to digital wallets. The institution recently revealed it found irregularities in at least 184 tax statements that include digital wallets and cryptocurrencies. These taxpayers did not include their wallet holdings as part...
First Republic Bank’s Shares Downgraded to Junk Status by S&P Global; Stock Slides More Than 25% Lower
20.3.2023
After UBS acquired Credit Suisse and close to a dozen financial institutions injected $30 billion into First Republic Bank four days ago, S&P Global downgraded First Republic’s shares to junk status on Sunday. Investors are concerned that the cash infusion from 11 major financial...