Governments must tax or ban Bitcoin to maintain deficits: Minneapolis Fed
The Federal Reserve Bank of Minneapolis suggests that a ban or tax on Bitcoin could ensure its ability to run permanent budget deficits.
Related Posts


Alibaba Payments Subsidiary Launches AntChain Blockchain Solution
Alibaba’s payments arm Ant Group has launched a new blockchain solution, AntChain, for increased trust and transparency in industrial processes. The payments subsidiary of the Chinese e-commerce giant Alibaba, Ant Group, today launched a new blockchain solution dubbed AntChain. According to a report published on South China Morning Post, AntChain is built on top of Ant…

Over 1,900 block-producing nodes in the Solana ecosystem, new report reveals
Solana released its first "Validator Health Report" post-wallet hack, which reveals 3,400 validators across six different continents. 202 Total views 23 Total shares Solana released its first-ever, "Validator Health Report" which revealed information on its network operators. According to the report the network has over 1,900 block-producing nodes with nearly 1,688 (88.14%) of those run…

Anchorage gets OCC’s first national charter granted to a crypto bank
With Acting Comptroller Brooks on his way out the door, the OCC has given its first digital bank charter. 1468 Total views 12 Total shares Custody pioneer Anchorage is the first crypto firm to see a charter from the U.S. national bank regulator.Per a Wednesday announcement from the Office of the Comptroller of the Currency,…

Fake Elon Musk Accounts on Twitter Promote Bitcoin Scams, One Collects $170K
Several verified Twitter accounts have been hacked to impersonate Elon Musk today, Nov. 5, with one reportedly collecting almost $170,000.After compromising verified accounts, scammers changed the profile name and picture in order to pose as the Tesla CEO. Scammers would then post in comment threads started by the real Elon Musk, so as to give…

Ethereum’s 8th birthday: Crypto industry shares its top moments
The crypto community has come together to celebrate the 8th birthday of the Ethereum network, marking eight years since when the Ethereum Foundation first sent the network live.On July 30, 2015, former Ethereum Foundation CCO Stephan Tual penned a blog post, officially announcing that the network had been rolled out."The vision of a censorship-proof ‘world…

Hackers drain $8M in assets from Bitkeep wallets in latest DeFi exploit
The BitKeep team confirmed that some APK package downloads have been hijacked by attackers and installed by users. 249 Total views 4 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as NFTWhile many are still enjoying the holiday season, hackers are hard at work, draining around $8 million in an ongoing BitKeep wallet exploit. On…

Compound crisis averted? Securing exposed COMP could be just the start
As the decentralized finance (DeFi) market continues to pique the interest of investors across the globe, a few incidents have shone a major spotlight on the vulnerabilities various platforms operating within this space are continually exposed to. For example, it has recently been unveiled that due to a buggy system upgrade, prominent DeFi money market Compound…

AWS outage hits dYdX raising concerns over decentralization
Traders could do nothing but wait on Dec. 7 when dYdX went down along with Binance.US and Coinbase due to an AWS problem. 867 Total views 24 Total shares An Amazon Web Service (AWS) outage on Dec. 7 forced the decentralized exchange dYdX to halt operations, raising questions over the reliance on centralized services by…