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Crypto

Worldcoin Pulls Out Of Numerous Countries Amid Data Privacy Concerns, Technological Challenges

The Orb, the biometric device of Worldcoin. Source: A screenshot, worldcoin.orgMajor crypto exchange Coinbase-backed startup Worldcoin has decided to stop operations in at least seven countries as a result of intensifying logistics challenges that are impacting the company’s launch plans.The company is advancing a project to distribute crypto to every person on the planet by…

Ex-Regulator Tells US Senators That Crypto Can ‘Empower and Protect the Innocent’

Michael Mosier. Source: a video screenshot, United States Senators will hear testimony today on crypto and its role in the world of crime – but a former senior regulator has warned that politicians coming down too hard on the crypto sector risked throwing out the baby with the bathwater.The Senate’s Committee on Banking, Housing, and Urban…

Bitcoin and Ethereum Prepare For Next Move, Altcoins Gain

Bitcoin price is consolidating below USD 41,000.Ethereum is struggling near USD 2,800, XRP is still below USD 0.80.AAVE, RUNE, and CELO are up 15%-22%.Bitcoin price gained pace above the USD 40,000 resistance and traded above USD 41,000, but there was no upside continuation. It is currently (11:43 UTC) consolidating gains near USD 40,700 and is…

Crypto Exchanges Facing ‘Fork in the Road’ Over Russia Sanctions

David Schwimmer. Source: a video screenshot, Youtube/Bloomberg Markets and FinanceAmid the West’s intensifying efforts to punish Russia’s authorities for their invasion of Ukraine, crypto exchanges are facing long-term damage to their industry if they decide to remain active in the Russian market, according to David Schwimmer, CEO of the London Stock Exchange Group.So far, most…

Fed Raises Interest Rate by 25 Basis Points in First Rate Hike Since 2018

Fed Chairman Jerome Powell. Source: A video screenshot, Youtube/Federal ReserveThe US Federal Reserve (Fed) raised interest rates by 25 basis points today, marking the first rate hike in the US since before the COVID-19 pandemic. The increase was in line with what the central bank has long communicated to the market that it would do. “[…]…

Blockchain Gaming Consortium, American Express & Crypto Trademarks + More News

Source: Adobe/AnastassiyaGet your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________Gaming newsBlockchain companies Galaxy Interactive, Republic Crypto, and Alameda Research are launching a consortium called NG+ that will invest in blockchain-focused gaming studios and developers, per Bloomberg. The consortium will seek to fund…

Recent Articles

Exclusive-Top EU official backs multi-trillion plan to rebuild Ukraine

4/4 © Reuters. FILE PHOTO: Local residents walk past a burned building during Ukraine-Russia conflict in the southern port city of Mariupol, Ukraine April 4, 2022. REUTERS/Alexander Ermochenko 2/4 By Marc Jones BRUSSELS (Reuters) - A top European official has backed a multi-trillion-euro "Marshall"-style plan to rebuild Ukraine, pledging the firepower of the EU's lending…

U.S. household strength may prolong Fed’s inflation fight

© Reuters. A person pushes purchases in a shopping cart in a supermarket in Brooklyn, New York City, U.S., March 29, 2022. REUTERS/Andrew Kelly By Howard Schneider and Lindsay (NYSE:) Dunsmuir (Reuters) - The financial strength built up in U.S. households limited the damage from the coronavirus pandemic but may now be aggravating - and…

U.S. inflation simmers, worst of price gains likely behind

© Reuters. People carrying shopping bags walk inside the King of Prussia shopping mall, as shoppers show up early for the Black Friday sales, in King of Prussia, Pennsylvania, U.S. November 26, 2021. REUTERS/Rachel Wisniewski By Lucia Mutikani WASHINGTON (Reuters) - U.S. consumer price growth slowed sharply in April as gasoline eased off record highs,…

George Carlin’s Bittersweet Melody

My father’s first serious girlfriend after he and my mother broke-up was a dream for my twin sister, younger brother, and me. Kaye lived just down the block from my grandparents on the Upper West Side, a genial, welcoming woman, and possessor of that enviable 1983 daily double: a VHS machine and cable TV (we…

Squid Game Season 2 Two Promises Bloody Clashes—With State Police

After a series of red lights, Squid Game, the massively successful Korean drama that took over Netflix in the second half of 2021, has officially received the green light for a second season. (No, Netflix employees were executed in this decision making process.) Netflix co-CEO and Chief Creative Officer Ted Sarandos made the announcement in…

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