This is an opinion editorial by Taimur Ahmad, a graduate student at Stanford University, focusing on energy, environmental policy and international politics. Author’s note: This is the first part of a three-part publication. Part 1 introduces the Bitcoin standard and assesses Bitcoin as an inflation hedge, going deeper into the concept of inflation. Part 2 focuses on the current fiat…
Month: September 2022
Nearly 50% of CFOs Surveyed Expect Recession to Hit US Economy This Year – Economics Bitcoin News
Financial services firm Deloitte has conducted a survey of chief financial officers (CFOs) and found that nearly 50% of respondents expect the U.S. economy to be in recession this year. Furthermore, 39% expect the North American economy to be in a period of stagflation by year-end. CFOs on Recession and US Economy Deloitte, one of the Big Four accounting firms,…
How Lightning Could Enable Decentralized – Bitcoin Magazine
This is an opinion editorial by Kishin Kato, the founder of Trustless Services K.K., a Japanese company focused mainly on Lightning Network research and development. This is the third article based on the content of the “Understanding Lightning” report produced by the Diamond Hands community, the largest Lightning Network community in Japan. The report aims to provide an overview of…
FIFA to Launch NFT Platform for Soccer Fans – Bitcoin News
The international soccer governing body, FIFA, has announced the upcoming launch of an NFT platform for fans of the sport across the globe. FIFA+ Collect will offer digital collectibles perpetuating the greatest game moments of FIFA’s world cups, the organization promised. FIFA Develops NFT Platform in Partnership With Blockchain Firm Algorand The International Federation of Association Football (FIFA) is preparing…
IMF Bailout Approval Helps Zambian Kwacha Take the Russian Ruble’s Position as World’s Best Performing Currency – Emerging Markets Bitcoin News
After the International Money Fund revealed it had approved a bailout package for Zambia, the Southern African country’s currency, the kwacha, rallied by 3.1%. Following this gain, the kwacha took the Russian ruble’s position as the world’s best-performing currency in 2022. Zambia Still ‘Has a Long Way to Go’ The Zambian kwacha currency, which currently trades at K15.40 for every…
Saylor gets sued, FBI warns about DeFi exploits, and Crypto.com drops $495M sponsorship: Hodler’s Digest, Aug. 28
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week DC Attorney General sues Michael Saylor and MicroStrategy for tax evasion MicroStrategy co-founder Michael…
What is decentralized identity in blockchain?
Self-sovereign identity is a concept that refers to the use of distributed databases to manage PII. The notion of self-sovereign identity (SSI) is core to the idea of decentralized identity. Instead of having a set of identities across multiple platforms or a single identity managed by a third party, SII users have digital wallets in which various credentials are stored…
Poloniex, Bittrex Want Kyle Roche’s Law Firm Removed From Class-Action Against the Exchanges – Bitcoin News
Following the controversy surrounding Kyle Roche, the attorney and founding partner of the litigation firm Roche Freedman LLP, the two crypto exchange firms Bittrex and Poloniex want the law firm removed from the class-action lawsuit against them. Similar to the attorney representing Tether, the lawyers representing Bittrex and Poloniex argue that “Mr. Roche’s recent statements raise serious concerns.” Poloniex, Bittrex…
Forget About DeFi Summer: NFT Autumn is Arriving
While we’ve all heard the well-trod mantra that “bear markets are for builders,” until very recently, it felt like hardly anyone in crypto was building anything very interesting these days. All the NFT drops have used the same old recycled concepts. DeFi still hasn’t recovered from the Luna PTSD. And to top it all off, the Tornado Cash sanctions have…
Input-Output Global Devs Reveal Cardano’s Vasil Hard Fork Is Scheduled for September 22 – Bitcoin News
While The Merge is expected to take place in just over ten days’ time, Cardano’s hard fork called Vasil now has a scheduled date. The highly anticipated Cardano fork will take place on September 22, or roughly nine days after Ethereum transitions from proof-of-work (PoW) to proof-of-stake (PoS). Cardano Devs to Launch Vasil on Mainnet in 19 Days Cardano’s development…