This is an opinion editorial by Maxx Mannheimer, a former sales account manager with a background in training and industrial-organizational psychology. The economy can be thought of as a complex orchestra. Industry sectors are represented by the choir, strings, brass, woodwinds and percussion. These sectors are all working together as harmoniously as possible to create a seamless experience for the…
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has published a video explaining how the agency plans to regulate crypto exchanges. “I’ve asked our staff to work directly with the platforms to get them registered and regulated,” the SEC chief revealed. SEC Chairman Gary Gensler’s Video About Regulating Crypto Exchanges U.S. Securities and Exchange Commission (SEC)…
While the NFT market at large may be slowing down, a Bored Ape-focused news outlet is getting a big boost thanks to the ApeCoin DAO’s treasury. ApeCoin DAO—a decentralized organization that uses the cryptocurrency ApeCoin as its governance token—has voted in favor of funding the news site The Bored Ape Gazette. The proposal, also known as AIP-70, passed with flying…
A U.S. lawmaker has demanded answers from Apple CEO Tim Cook and Google CEO Sundar Pichai about their measures against fake cryptocurrency apps appearing in the Apple App Store and the Google Play store. “Millions of Americans use mobile apps to invest in unregulated digital assets,” said Senator Sherrod Brown. “Reports have emerged of fake crypto apps that have scammed…
This is an opinion editorial by Mickey Koss, a West Point graduate with a degree in economics. He spent four years in the infantry before transitioning to the Finance Corps. Imagine if you will, a seller of items that only worked under certain weather conditions. A car that only drives when it’s sunny. A heater that only works when it’s…
press release PRESS RELEASE. July has seen a jump in crypto prices, and none more so than the utility token of Alchemy Pay, ACH. ACH saw a 43% increase in just 24 hours on July 20th, making it crypto’s biggest gainer. ACH has also broken into the TOP 10 most searched tokens on almost every crypto site over the past…
A group of economists evaluating the potential effects of a digital euro have insisted that restricting access to the upcoming currency is necessary to preserve the current financial system. Their study follows an earlier proposal to limit digital euro deposits at the European Central Bank (ECB) to €3,000 per person. Limited Availability of Digital Euro Expected to Prevent It From…
A local bitcoin hub has been launched in the tourist town of Santa Lucia, Honduras. Coined Bitcoin Valley, the private initiative aims to create a circular Bitcoin economy and increase the flow of tourists in the region by marketing the acceptance of BTC in local shops, reported local news publication Diario La Prensa. “Accepting bitcoin will allow us to open…
Bitcoin mining involves a delicate balance between multiple moving parts. Miners already have to face capital and operational costs, unexpected repairs, product shipping delays and unexpected regulation that can vary from country to country — and in the case of the United States, from state to state. On top of that, they also had to contend with Bitcoin’s precipitous drop…
The United States Federal Deposit Insurance Corporation, or FDIC, has issued an advisory informing the public it “does not insure assets issued by non-bank entities, such as crypto companies.” In a Friday notice, the FDIC advised banks in the U.S. that they needed to assess and manage risks in third-party relationships with crypto firms. The government agency said that while…
