Posts published on September 1, 2023 go to media archive 1/3

Economist Peter Schiff Warns Bidenomics Will Soon Be Exposed for Fraud

Economist Peter Schiff has warned that Bidenomics “will soon be exposed for the fraud that it is, as inflation and unemployment heat up while the economy cools down.” He cautioned: “If Americans think the economy is bad now, just…

Chinese Yuan Not Ready to Topple US Dollar as World Reserve Currency, Says Strategist

A global macro strategist has explained that the Chinese yuan is unlikely to replace the U.S. dollar as the global reserve currency. She emphasized that the “weaponization” of the USD is one of the top reasons why Russia, China, and…

Arkham Intelligence Reveals Grayscale’s Ethereum Holdings Across 500 Addresses

On September 1, Arkham Intelligence, a crypto analytics and data tracking agency, reportedly pinpointed the ethereum (ETH) holdings of Grayscale for its Ethereum Trust. Arkham reveals that Grayscale’s ether stash is spread across 500…

Worldcoin Claims Signups Soar in Argentina: 9.5K Users Verified in a Single Day

The number of verifications for Worldcoin, the biometric digital ID and wallet project, has soared recently in Argentina, reaching a daily signup record in August. According to data provided by the project, Worldcoin verified 9,500 Argentine users…

Crypto Thefts in 2023: Nearly $1 Billion Lost to Scams and Exploits, Reports Certik

According to cybersecurity firm Certik, nearly $1 billion in cryptocurrency has been pilfered due to scams, rug pulls, and exploits throughout 2023. The company highlighted that the combined incidents in August alone led to a loss of $45.8 million…

Cambridge Revises Bitcoin Mining Index, Lowers BTC’s Estimated Power Use

Cambridge Centre for Alternative Finance has significantly revised its Bitcoin Electricity Consumption Index, lowering its estimates of the cryptocurrency’s energy use after finding its previous model greatly overstated power consumption…

‘Infamous Chisel’ Malware Targets Crypto Wallets and Exchanges: A Joint Warning by FBI and GCHQ

The “Infamous Chisel,” a new sophisticated malware, has been targeting crypto wallets and exchanges, as revealed in a joint report by the U.S. Federal Bureau of Investigation (FBI) and the U.K.’s Government Communications…