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Day: May 6, 2022
Web 3 IRL: Seattle’s CafeDAO Tests Brick-and-Mortar DAO Model
That said, “We don’t want for someone to spill coffee and have all the DAO members vote for who cleans it up.” Source
Inflation Will Create a Political Vacuum. Can Bitcoin Fill It?
Prices are rising at a time of pervasive distrust in government to fix the problem. That leaves the door open to bitcoin, the ultimate anti-inflation hedge. Source
Peter Schiff Warns Economic Downturn in the US ‘Will Be Much Worse Than the Great Recession’ – Economics Bitcoin News
Following the Federal Reserve’s rate hike on Wednesday, economist Peter Schiff has had a lot to say since the U.S. central bank raised the benchmark rate by half a percentage point. Schiff further believes we are in a recession and says “it will be much worse than the Great Recession that followed the 2008 Financial Crisis.” Peter Schiff Says ‘Fed Cant Win a Fight Against Inflation Without Causing a Recession’ While many analysts were shocked by the U.S. Federal Reserve’s move, since it was the largest rate hike since 2000,…
Bitcoin Breaking Down, Support at $30K
Bitcoin (BTC) is breaking down after failing to hold $40K over the past few months. A weekly close below $34,246 could yield further downside targets. Original
Litecoin Reveals Rollout Date For MimbleWimble, Will LTC See Relief?
Litecoin major update MimbleWimble (MWEB) has been approved by a majority of the nodes and locked in for activation. This process will be completed in the next two weeks, at the height of block 2 million, or May 19th, according to David Burkett, lead MWEB developer. Related Reading | Bitcoin Collapses By Most In Nearly A Month – Its Golden Days Are Over? Burkett confirmed that users with the updated version (0.21.2) of the software will be able to start transacting with MWEB capabilities. This version is set to be released…
90% of surveyed central banks are exploring CBDCs — BIS
A survey conducted by the Bank for International Settlements, or BIS, suggested that many central banks around the world are looking into rolling out a central bank digital currency, or CBDC. In a paper released on Friday, the BIS Monetary and Economic Department said 90% of 81 central banks surveyed from October to December 2021 were “engaged in some form of CBDC work,” with 26% running pilots on CBDCs and more than 60% doing experiments or proofs-of-concept related to a digital currency. According to the BIS, the increase in interest…
Huge Trading for Cryptocurrency in India, Why So Much Craze for Cryptocurrency..? |NTV Special Focus
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Huge Trading for Cryptocurrency in India.. What is Cryptocurrency.. Why So Much Craze for Cryptocurrency..? | NTV Special Focus Watch Ntv Live Here: Watch for all latest Coronavirus live updates in Telugu from the Telugu states (Andhra Pradesh, Telangana), India and all over the world. Stay tuned for all LIVE Coronavirus Outbreak and India Lockdown updates Watch all the LIVE & Exclusive Press meets of Telangana CM KCR, AP CM YS Jagan and Prime Minister Narendra Modi on Coronavirus updates in AP,…
‘Regulations are in place to help crypto businesses understand operations,’ says The Bahamas PM Philip Davis
The Bahamas Prime Minister Philip Davis told Cointelegraph that the region has a regulatory regime in place that will enable crypto businesses to operate within its jurisdiction. During an interview at SALT’s Crypto Bahamas conference, Davis shared that The Bahamas recently published a white paper framework that will allow crypto businesses to “grow and prosper,” while letting companies understand the region’s expectations. He added: “The policy also takes into account the balance between concerns people have about cryptocurrency and the risks that come along with it. [The] policy is to…
Klein Finance Announced the Completion of a Funding Round With Participation From KCC Chain and KuCoin-Ventures – Press release Bitcoin News
press release PRESS RELEASE. Klein Finance, a stablecoin liquidity provider and exchange platform built on KCC (Kucoin Community Chain), announced the opening of its funding program. It has already received a multi-million dollars investment from KuCoin Ventures and KCC chain. Klein Finance is an efficient decentralized trading platform for digital assets built on KCC (Kucoin Community Chain), which aims to enable digital assets to be traded and staked for rewards in a secure and stable on-chain environment with low slippage, good depth, and low fees. 1. Klein Finance’s mixed liquidity…