Kenyan Central Bank Governor Says Stance on Crypto Not Driven by Personal Views
Patrick Njoroge, the outgoing governor of the Kenyan central bank, recently said the bank’s policy on crypto assets is not driven by personal views but is founded on the “wealth of information that is in the central bank.”…
Fitch Maintains Negative Watch on US Rating Despite Debt Limit Resolution
Although the U.S. has averted defaulting on its debt obligations, Fitch Ratings still has concerns about the country’s ability to repay its debt. As a result, the credit rating agency has placed the U.S. “AAA” rating on negative…
Elliptic integrates ChatGPT to bolster crypto risk detection
Crypto risk management firm Elliptic believes that ChatGPT will assist in scaling up intelligence and expose risks to crypto users that "they can't get anywhere else."
Renowned Investor Jim Rogers Expects Worst Bear Market in His Lifetime — Says ‘You Should Be Extremely Worried’
Veteran investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, says he expects the next bear market to be the worst in his lifetime. “You should be extremely worried. If you’re not, you don’t know…
Iran-Russia Trade Settlements Exceed 60% in National Currencies, Says Joint Chamber Chief
Iran and Russia have increased cooperation and settled more than 60% of their bilateral trade in the Russian ruble and the Iranian rial, according to the chairman of Iran-Russia Joint Chamber of Commerce. The two countries have ramped up their…
Economist Larry Summers Urges Fed to Consider Half-Point Rate Increase in July
Larry Summers, the American economist and former U.S. Treasury Secretary, believes that should the U.S. Federal Reserve refrain from increasing the benchmark interest rate this month, a half-point rate hike may be necessary for July. As per the CME…
While Markets Consolidate, Value of Bitcoin’s BRC20 Token Economy Has Risen Over 1,500% in 39 Days
During the past week, while bitcoin has been less volatile, the BRC20 token economy has been coasting along just below the $500 million range, and today it stands at $475.05 million. Statistics show that BRC20s have increased in value significantly…
NFT Sales Climb 39% in One Week, While Bitcoin NFT Sales Maintain Rapid Momentum
While non-fungible token (NFT) sales witnessed a substantial increase in May, demonstrating significant progress, recent data indicates that NFT sales have soared by 39.35% within just the last week alone. Furthermore, sales figures for the…
Mysterious Disappearance of Multichain CEO Sends Shockwaves Through Crypto Community
Four days ago, on May 31, 2023, the cross-chain protocol Multichain announced on Twitter that the team has been unable to locate the firm’s CEO. As a result, controls to several blockchain network routers have been impaired. The…
Biggest Movers: TRX Hits 1-Year High, Following Integration on Ethereum Network
Tron rose to a one-year high to start the weekend, as founder Justin Sun confirmed an integration to the ethereum blockchain network. In a tweet, Sun said, “TRON has now expanded its reach by going live on the Ethereum blockchain by…
Peter Schiff Twitter Apparently Hacked, Shills Gold Crypto, Son Spencer Warns
The Twitter account of Bitcoin critic Peter Schiff was found advertising a gold-branded token as a result of an apparent hacking. His son, crypto enthusiast Spencer Schiff, warned users in a tweet not to follow the link posted by the unknown…
Trump’s Persistent Election Result Denials Demonstrate The Need For Bitcoin-Verified Truth
This is an opinion editorial by Dan Weintraub, an author and high school teacher who first became interested in Bitcoin while teaching economics.I recently watched with bemused indifference CNN’s Donald Trump town hall charade, yet another in an…
Bitcoin started the weekend in the red, as markets continued to digest the latest nonfarm payrolls in the United States. Despite payrolls coming in better than expected, the unemployment rate also rose, hitting 3.7%, which is its highest point…
OpenAI commits $1M to support AI-driven cybersecurity initiatives
As criminals devise innovative ways to exploit AI for malicious intentions, OpenAI remains committed to equipping “defenders” with the necessary tools.
Cathedra Bitcoin Unveils Plans for Off-Grid Bitcoin Mining in Texas
On Friday, Cathedra Bitcoin Inc. announced a partnership with 360 Mining, revealing plans to deploy mobile data centers and application-specific integrated circuit (ASIC) bitcoin miners at 360 Mining’s off-grid location in Texas. 360 Mining…
Coinbase CEO Brian Armstrong: China Will Benefit From Restrictive US Crypto Policies
Coinbase CEO Brian Armstrong has stated China will be one of the biggest beneficiaries of how the U.S. is approaching cryptocurrency regulation. According to Armstrong, the current regulatory system drives cryptocurrency innovation offshore, while…
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