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This week the world has been talking about the World Economic Forum (WEF) meeting in Davos, Switzerland, which started on May 22 and ends on May 26. At the event, Bridgewater Associates founder Ray Dalio spoke about today’s economy, the Federal Reserve, cash, and cryptocurrencies. Dalio noted at the WEF conference that he believes blockchain … Read more
Anatoly Yakovenko, one of the co-founders of Solana, the proof-of-stake based, smart contracts enabled blockchain, issued a series of statements criticizing bitcoin’s consensus algorithm. In an interview on CNBC, Yakovenko stated that bitcoin might lose adoption if it doesn’t change to a proof-of-stake (PoS) consensus algorithm. Other organizations have also attacked bitcoin, hinting at this … Read more
U.S. Secretary of the Treasury, Janet Yellen speaks to CNBC’s Squawk Box shares her views on the state of digital assets amid calls for imposed regulations. Go to Source Powered by WPeMatico
The once-popular and now discontinued file-sharing platform Limewire is returning after shutting down in 2010. However, rather than provide access to copyrighted music files and movies, the new Limewire aims to launch a marketplace dedicated to non-fungible token (NFT) technology. Limewire Plans to Return With an NFT Marketplace Platform Limewire plans to return from the … Read more
A decentralized autonomous organization (DAO) wants to purchase the National Football League (NFL) team the Denver Broncos. The DAO called “Buy the Broncos DAO” (BBD) wants to obtain the NFL team as a community and “put ownership in the hands of the fans.” A Newly Formed DAO Wants to Buy the Denver Broncos Franchise A … Read more
Analysts say record high inflation in the United States is impacting crypto market momentum, but is the impact of the data overstated to the detriment of investors? Go to Source Powered by WPeMatico
The future’s bright for Bitcoin according to Ric Edelman, founder of financial advisory outfit Edelman Financial Engines. Go to Source Powered by WPeMatico
The president of Peru’s central bank has indicated that the country will be joining forces with India, Singapore, and Hong Kong to develop its own central bank digital currency. Go to Source Powered by WPeMatico
Robinhood CEO Vlad Tenev said crypto as an asset class is here to “stay” and revealed that over a million users have signed up to the firm’s crypto wallet waitlist. Go to Source Powered by WPeMatico
American politicians have been clamoring about the U.S. facing a significant debt crisis and the debt ceiling putting the country at risk of default. Joe Biden spoke about the debt ceiling and told Republicans to “just get out of the way” when it comes to the decision. Meanwhile, a number of U.S. bureaucrats are floating … Read more
