On Nov. 2, 2022, the American economist and 13th chairman of the U.S. Federal Reserve, Alan Greenspan, published an opinion editorial that says he envisions a monetary “tailwind” for the U.S. dollar next year. Greenspan expects this to happen even if the Fed decides to pivot its restrictive monetary policyContinue Reading
On Thursday, Nov. 3, 2022, local reports from South Korea disclosed that Korean prosecutors have allegedly discovered evidence that shows Do Kwon and an associate manipulated the price of LUNA, Terra’s native crypto token. The report further says South Korean prosecutors believe Kwon is hiding out in Europe. Local ReportContinue Reading
On Nov. 3, Santander UK, the subsidiary of the Spanish financial giant Banco Santander, S.A., published a notice that says “investing in cryptocurrency assets can be high risk.” Furthermore, the British bank also imposed a limit on cryptocurrency exchanges using the firm’s mobile and online banking services. Santander UK LimitsContinue Reading
On Nov. 3, 2022, the Bank of England followed the U.S. Federal Reserve by codifying the eighth consecutive benchmark bank rate hike by 75 basis points (bps). The increase brings the United Kingdom’s main lending rate to 3%, after a majority of the Monetary Policy Committee (MPC) members voted inContinue Reading
Polygon rose to its highest level since August, as the token climbed by as much as 10% on Thursday. Today’s rise comes despite cryptocurrency markets mainly residing in the red, with the global market cap down 0.41% as of writing. Flow was another notable expectation to today’s declines, climbing byContinue Reading
The Open Metaverse Alliance, OMA3, was launched by a group of Web3 dedicated companies in order to create standards for an interconnected metaverse. The organization, formed by companies such as Animoca Brands, Dapper Labs, The Sandbox, and Unstoppable Domains, stated its objective was to achieve a decentralized, community-led, and userContinue Reading
Bitcoin fell towards the $20,000 mark on Thursday, after the U.S. Federal Reserve once again moved to increase interest rates. The Fed hiked rates by 75 basis points (bps), as it chose to maintain its current hawkish policy. Ethereum, which initially surged on the news, was also lower in today’sContinue Reading
Bitcoin represents the ultimate step forward in bringing clarity to the world through money grounded in physics and math. This is an opinion editorial by James Collins, a financial professional with experience in various asset classes. As I sit here writing this piece, I search for the words to bestContinue Reading
The nature of open-source distributed systems leaves some vulnerabilities open to exploitation, but should bugs be exploited publicly or disclosed in private? The below is a direct excerpt of Marty’s Bent Issue #1278: “Another LND/btcd bug emerges.” Sign up for the newsletter here. via GitHub For the second time inContinue Reading
CleanSpark saw a record bitcoin production in October following recent investments in growth amid a battered mining market. CleanSpark Inc., an energy company turned bitcoin miner, produced a record amount of new BTC last month. The Nasdaq-traded firm said in a statement sent to Bitcoin Magazine that it had minedContinue Reading