Justin Sun’s SUI-farming sins, PEPE’s wild run, 3AC’s oyster philosophy: Asia Express

The United Kingdom pension and welfare agency has identified blockchain and distributed ledger technology (DLT) as technologies that could disrupt the payments industry.In an Aug. 9 blog post, Richard Laycock, the deputy director of digital payments and banking systems at the Department of Work and Pensions (DWP) — an agency that manages the U.K.'s welfare…

As users take advantage of online services and explore the internet, they eventually create a digital identity. This type of identity is then tied to central entities like Google and Facebook, which make it easier to share data with new services through simple sign-in buttons.While these digital identity management systems are convenient, they are relying…

In a 80–19 vote in the Senate, U.S. lawmakers confirmed Jerome Powell as the next chair of the Federal Reserve System, where he will also serve as a board member until 2028. 470 Total views 32 Total shares The United States Senate has confirmed the nomination of Jerome Powell as the chair of the board…

Analysts were split over whether today’s AI investments would pay off in the next decade.

Bitcoin is likely not out of the woods until a definitive bottom formation has been and gone, multiple commentators say. 2472 Total views 5 Total shares Bitcoin (BTC) continued its bounce from its 2021 opening price on July 21, hitting $31,600 in what some fear is just a temporary reprieve from downside.BTC/USD 1-hour candle chart…

Cryptocurrency exchange Deribit recently published an analysis explaining that cryptocurrency companies are racing to adopt financial services known from legacy finance. The post points out that all crypto companies, exchanges included, will soon offer users interest accounts, cost-effective ways to perform transactions, and tax services. Throughout his post, he explains why these features, along with others,…

 The year 2020 sucked for pretty much everyone. Unless you’re holding Bitcoin (BTC) that is.The price of Bitcoin is up 125% year-to-date, making it once again the best-performing asset just as it has been for the past decade. Strangely enough, the public seems completely oblivious to this fact. But not everyone is ignoring Bitcoin’s latest rally…

Gensler's confirmation comes almost three months after President Joe Biden first announced he was his pick for the SEC. 2973 Total views 19 Total shares Voting mostly along party lines, the U.S. Senate confirmed the nomination of Gary Gensler to chair the Securities and Exchange Commission, or SEC.In a vote of 53-45 today, the Senate…