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What a Dubai Court Ordering a Company to Pay Its Employee in Crypto Means

19.8.2024
A court in Dubai ordered a company to pay an employee using a cryptocurrency token, as agreed in the employment contract. The ruling raises several questions even as it lends some legitimization to crypto in the region

Shaquille O'Neal Will Have to Defend Some of the Allegations Against Him in the Astrals NFT Lawsuit

19.8.2024
A U.S. court has granted one part and dismissed another part of a class action lawsuit against legendary basketball player Shaquille O'Neal for his role in the NFT project Astrals, according to court documents

Fedwatch Tool and Polymarket Indicate Strong Odds for September Rate Cut

18.8.2024
Right now, the market is leaning towards the U.S. Federal Reserve lowering the benchmark interest rate at the Sept. 18, 2024, Federal Open Market Committee (FOMC) meeting. The CME Fedwatch tool currently indicates a 75% likelihood of a 25-basis-point (bps) rate cut. Over on Polymarket, bettors...

Milton Friedman on Inflation: A Government-Made Disaster

17.8.2024
Inflation is not a natural phenomenon but a consequence of government actions. Milton Friedman famously argued that only the government can create inflation, and misguided policies, like price controls, worsen the problem. Friedman Famously Said: ‘Inflation Is Made by Government and No One Else’...

Nigeria Court Freezes $38M of Crypto Allegedly Sent to Support Protests in the Country: Reports

16.8.2024
Nigerian authorities have traced $50 million of cryptocurrency sent to support recent protests, local media reported

South Africa’s new AI framework sets foundation for tech leadership

16.8.2024
As stakeholder consultations proceed, the feedback gathered will be instrumental in shaping a robust and effective AI policy

South Korea's Pension Fund Snaps Up Nearly $34M MicroStrategy Shares

16.8.2024
South Korean pension fund, National Pension Service (NPS), has bought MicroStrategy (MSTR) shares worth nearly $34 million in the second quarter of this year, according to filings made public earlier this week

Donald Trump Holds Over $1M in Ether, Also Receives NFT Licensing Fees

16.8.2024
Filings show he has over $1 million in Ether

NYSE Scrubs Plan to List Bitcoin ETF Options

16.8.2024
Other exchanges have also withdrawn their applications, but some have re-filed

IMF execs float raising crypto mining electricity prices by 85%

16.8.2024
A tax on the energy used by crypto miners could cut emissions by 100 million tons a year, equal to Belgium’s emissions, say two IMF executives

Food Price Controls in America? Kamala Harris’s Controversial 2024 Strategy Unveiled

15.8.2024
Vice President Kamala Harris, according to several reports, has outlined one of her key economic strategies if she wins the presidency in 2024—price controls. Her campaign is advocating for what they describe as the “first-ever federal ban” on food price increases. Despite the price...

Schumer Sets Stage for New Era of U.S. Crypto Politics

15.8.2024
Wednesday's Crypto4Harris town hall showed Democrats are finally engaged with the industry. Still, it’s not clear what Harris thinks about crypto, or would do about it if elected

Stablecoin Regulations Could Pose Problems for Tether, JPMorgan Says

15.8.2024
Stablecoin issuer Tether has attracted regulatory scrutiny in the past due to its lack of transparency about the composition of its reserves, the report said

South Africa Unveils National AI Policy Framework, Seeks Stakeholder Feedback

15.8.2024
South Africa has published a national policy framework for artificial intelligence (AI) and is seeking feedback from stakeholders. This framework is the first step towards developing a comprehensive national AI policy. It aims to foster a robust AI ecosystem through coordinated efforts in research...

Binance Completes Registration With India's Financial Intelligence Unit Months After Being Fined

15.8.2024
The registration was provisionally approved in June, subject to the crypto exchange paying a fine of about $2.2 million

U.S. Crypto Bill Can Happen This Year, Senate's Schumer Tells Crypto Backers of Harris

15.8.2024
U.S. crypto legislation can happen this year, Senate Majority Leader Chuck Schumer (D-N,Y,) said Wednesday at the first major event in which crypto insiders have come out for Vice President Kamala Harris as their favored presidential contender