Europe’s top securities regulator has warned that soaring inflation could drive investors to cryptocurrencies. Stressing that there is “an imbalance” in how each EU country deals with crypto, the regulator calls for a common regulatory framework across European countries. Inflation Could Drive Investors to Crypto, EU Regulator Says The European Securities and Markets Authority (ESMA), the EU’s top securities markets…
Month: May 2022
Optimism airdrop overwhelmed by all-time high demand
Ethereum Layer-2 scaling solution Optimism has been overwhelmed with “all-time high demand” following the launch of its highly anticipated airdrop today. Users racing to collect their tokens were greeted with failed or delayed transactions as the Optimism team raced in the background to add additional capacity to the network. As previously reported in April, Optimism is airdropping the new OP…
Bitcoin Stumbles Down The Global Base Money Ranks
The below is a direct excerpt of Marty’s Bent Issue #1217: “Q1 Monetary Base update.” Sign up for the newsletter here. via Porkopolis Economics via Porkopolis Economics Matthew Mežinskis has gifted us with yet another global monetary base update. As of the end of Q1 2022, bitcoin ranks as the ninth largest base money in the world (including gold and…
Hard Lessons Learned From Experimenting With Altcoins
This is a recording of a recent Twitter Spaces conversation about lessons users have learned from dabbling in other cryptocurrencies besides bitcoin. Listen To This Twitter Spaces: Transcript [0:06] Alex McShane: …It’s too much risk. These trusted third parties that are leading these projects are security holes as the saying goes. I would rather just have faith in consensus than…
Aussie banks ANZ and NAB won’t 'endorse' retail speculation on crypto
Executives from two of Australia’s “big four” banks have said they won’t allow their retail customers to trade crypto with ANZ adding its happy it didn’t “go head long” into a cryptocurrency offering. Source: https://cointelegraph.com/news/aussie-banks-anz-and-nab-won-t-endorse-retail-speculation-on-crypto
Zcash Nixes Trusted Setup, Enters New Era With Major Network Update
In brief Zcash is shifting to the Halo proving system, facilitating trustless digital cash payments on mobile phones. Famed whistleblower Edward Snowden participated in the Zcash launch in October 2016, without compensation. The Electric Coin Company (ECC) announced today in a blog post the launch of the first major upgrade to the Zcash privacy coin network since November 2020, Zcash…
Rich Dad Poor Dad’s Robert Kiyosaki Warns of Stocks and Bonds Crashing — Depression, Civil Unrest Coming – Bitcoin News
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has predicted that a depression and civil unrest are coming. He also warned of the stock and bond markets crashing. Robert Kiyosaki on Markets Crashing, Depression, and Civil Unrest The author of Rich Dad Poor Dad, Robert Kiyosaki, has issued more warnings about the U.S. economy. Rich…
Quality Of Life Is Defined By Energy Use
Watch This Episode On YouTube Listen To The Episode: This week on “Bitcoin Bottom Line,” cohosts Steven McClurg and C.J. Wilson met with Harry Sudock, vice president of strategy and management at GRIID Mining. This episode was filmed live at the Bitcoin 2022 conference in Miami and the conversation kicked off with a discussion on the friendliness of their fellow…
MoU Established by Clesson, the Company Behind LABEL Foundation, With CJ Entertainment and Media – Press release Bitcoin News
press release PRESS RELEASE. Clesson, the operating company behind OPENTRACK and LABEL Foundation, has officially established a memorandum of understanding (MoU) with CJ Entertainment & Media. The new collaboration has the potential to benefit both parties involved as CJ Entertainment & Media is essentially an entertainment and mass media organization founded by the CJ Group, which is among South Korea’s…
Brazilian Development Bank Launches Blockchain Network – Bitcoin News
The Brazilian Development Bank has officially launched the Brazilian Blockchain Network, a structure designed to aid other institutions in the country in increasing public transparency. The launch, which was also assisted by the Court of Accounts of the Union, serves to call more institutions to adhere to this project, which aims to have its first applications ready for 2023. …