The rapid rise of BRICS is challenging the relevance of the G20 as a global platform, with BRICS nations now surpassing the G7 in economic output. As BRICS gains influence, discussions about reforms to major international organizations, including the IMF and UN, are intensifying. According to an expert, the G20’s future is increasingly uncertain as […] Source: https://news.bitcoin.com/is-g20-losing-relevance-brics-rise-signals-shift-in-global-power/
Month: October 2024
Saylor Isn’t Batsh*t Insane, He’s Selfish
In a recent interview, Bitcoin cheerleader Michael Saylor shocked many by dismissing concerns about Bitcoin custody, but David isn’t surprised by his statements. Saylor’s Recent Controversial Statements Are Consistent With His Past Statements Michael Saylor is known for being an ardent Bitcoin maximalist. He advocates heavily for Bitcoin, while usually bashing over cryptocurrencies, arguing that […] Source: https://news.bitcoin.com/saylor-isnt-batsht-insane-hes-selfish/
US ‘dropping the ball’ on crypto, but that should change soon: Tether CEO
Tether CEO Paolo Ardoino says the US has been lagging on crypto laws but thinks that could soon change after the November elections. Source: https://cointelegraph.com/news/us-dropping-the-ball-crypto-should-improve-post-election-tether-ceo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Meta is testing the use of facial recognition to fight deepfake celeb ads
Meta will test the facial recognition technology from 50,000 celebrities and public figures to curtail the “celeb-bait” scams. Source: https://cointelegraph.com/news/meta-test-facial-recognition-combat-fake-celeb-bait-ads?utm_source=rss_feed&utm_medium=rss%3FREFRESH1635334131876&utm_campaign=rss_partner_inbound
Meta is testing the use of facial recognition to fight deepfake celeb ads
Meta will test the facial recognition technology from 50,000 celebrities and public figures to curtail the “celeb-bait” scams. Source: https://cointelegraph.com/news/meta-test-facial-recognition-combat-fake-celeb-bait-ads?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Wazirx Security Breach: Liminal’s Analysis Points to Deeper Issues
Liminal Custody has released an update addressing the allegations and misinformation surrounding the Wazirx security breach. The company clarified that while Wazirx blamed it for the incident, the exchange continued using Liminal’s infrastructure to manage user funds. Liminal emphasized it had no control over the wallets in question and criticized Wazirx for not adopting key […] Source: https://news.bitcoin.com/wazirx-security-breach-liminals-analysis-points-to-deeper-issues/
Ethereum blob fees soar: What does it mean for L2s?
Ethereum blob fees briefly surged to a price of $4.52 spurred by a frenzy of Scroll airdrop claims. Source: https://cointelegraph.com/news/ethereum-blobs-fees-soar-what-does-it-mean-for-l2s?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BRICS Nations in ‘Intense Discussions’ to Develop Common Payment System
BRICS nations are actively discussing the development of a common payment system and the use of national currencies for trade, with Indian Foreign Secretary Vikram Misri confirming that intense talks have been underway. Studies and research have been commissioned. Experts have emphasized that creating an independent BRICS payment system is crucial for enhancing economic cooperation […] Source: https://news.bitcoin.com/brics-nations-in-intense-discussions-to-develop-common-payment-system/
Coinbase CEO, Elon Musk Back Pro-Crypto Senate Challenger Against Elizabeth Warren
Coinbase CEO Brian Armstrong and Tesla CEO Elon Musk have voiced their support for pro-crypto Senate candidate John Deaton in his race against Elizabeth Warren. Armstrong warned that Warren, a vocal crypto critic, has pushed harmful regulations and backed U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler’s efforts to curb the industry. Musk signaled […] Source: https://news.bitcoin.com/coinbase-ceo-elon-musk-back-pro-crypto-senate-challenger-against-elizabeth-warren/
Tesla likely still owns $780M in Bitcoin despite recent shuffle: Arkham
Tesla’s massive Bitcoin transfers initially sparked fears of a market dump, but Arkham’s data suggests the assets are still under the firm’s control. Source: https://cointelegraph.com/news/tesla-still-owns-entire-bitcoin-stash-arkham-data?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound