How the US Fed thinks a Bitcoin ban could preserve deficit spending
A ban on Bitcoin? Even the suggestion as part of a thought experiment is bound to chafe the crypto community.
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Crypto Taxes a ‘Nightmare’ — Congress Hears the Latest on Blockchain for Small Business
In a United States congressional meeting titled “Building Blocks of Change: The Benefits of Blockchain Technology for Small Businesses,” one of the testifying witnesses called out current cryptocurrency taxation expectations for their overbearing complexity. “Doing your taxes for crypto is the worst nightmare,” Protocol Labs General Council member Marvin Ammori said, fielding a question from U.S.…
Euler Finance hacked for over $195M in a flash loan attack
Euler Finance was exploited in a flash loan attack that drained hundreds of millions of decentralized stablecoins and synthetic ERC-20 tokens. 1007 Total views 3 Total shares Own this piece of history Collect this article as an NFTEthereum-based noncustodial lending protocol Eurler finance faced a flash loan attack on March 13, with the attacker managing…
Trump calls Bitcoin a scam, advocates for dollar hegemony
Former U.S. President Donald Trump is still not a fan of Bitcoin, calling it a scam while stating that the dollar should remain the “currency of the world.” 752 Total views 2 Total shares Former United States President Donald Trump has once again slammed Bitcoin (BTC).Appearing on FOX Business Monday, the former president remarked:“Bitcoin, it just…
Elon Musk warns of ‘strong inflationary pressure’ as Tesla mulls Bitcoin payments
The world faces "strong inflationary pressure" in the short term and it may persist, warns the world's richest man.In a debate about inflation, some of the best-known names in Bitcoin voiced unanimous doubts about the state of global monetary policy.Future of inflation great unknown, says MuskAs even the United States Federal Reserve admits that inflation…
History Associates joins Coinbase in FDIC legal battle
The History Associates suit aims to hold the FDIC and other regulatory agencies accountable for their actions and ensure transparency in their regulatory practices.
‘Inhospitable to capitalism’ US can target those ditching dollar for Bitcoin — Ray Dalio
Investors should reduce dollar exposure, the billionaire says, as MicroStrategy's Saylor describes Bitcoin as the "obvious solution." The United States and other countries could “impose prohibitions” on Bitcoin (BTC) as part of “shocking” tax changes, investor Ray Dalio has warned.In his latest article on LinkedIn, Dalio, a recent convert to Bitcoin as an investment opportunity,…
Book Review: The Little Book of Crypto
Author Cal Evans bills The Little Book of Crypto as “A No BS Introduction To Crypto.” Evans also claims to be “regarded as one of the best crypto lawyers” working for “the largest independent crypto-only law firm on the planet.” This will become relevant later.The book claims to provide the reader with unique “in-industry” insights…
German Regulator Greenlights $280 Million Ethereum Real Estate Bond
The German Federal Financial Supervisory Authority (BaFin) approved an Ethereum-based real estate bond of security issuance firm Fundament Group. The company announced the news in a press release shared with Cointelegraph on July 23. Regulated real estate bonds on the Ethereum blockchainThe given bond backed by a portfolio of properties in major German cities with an…