Ray Dalio predicts global debt crisis, backs Bitcoin, gold
Bridgewater Associates founder Ray Dalio referred to Bitcoin as a hard asset, saying he would choose BTC and gold over debt assets.
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Boomers to pour $300B into crypto markets — Morgan Creek Capital
Morgan Creek Capital CEO Mark Yusko believes the full impact of Bitcoin ETF adoption has yet to be realized as boomers gain more exposure to digital assets.
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Stanford group becomes 9th largest Uniswap delegate, overtakes UC Berkeley
Post-secondary institutions appear to be flocking the Uniswap exchange. A Stanford student group just confirmed it has become a Uniswap delegate with more than 2.5 million votes. 1749 Total views 7 Total shares Stanford Blockchain Club has become one of the largest delegates for the exchange Uniswap, overtaking a student group at rival California university…
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GameStop ‘Falling Man’ NFT saga shows people’s power at its finest
While GameStop faced the heat for insensitive NFT listing, OpenSea had the Falling Man NFT listed on its platform for over two months. 141 Total views 2 Total shares A recent nonfungible token (NFT) listing on Gamestop’s marketplace became the center of controversy in the NFT world. The listing received heavy backlash from the community…
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Binance approves Shiba Inu as collateral asset
The cryptocurrency exchange also announced the addition of 22 cryptocurrencies as loanable and collateral assets on its Flexible Loan and VIP Loan services. 929 Total views 8 Total shares Crypto exchange Binance is adding 22 new loanable and collateral assets to its Flexible Loan and VIP Loan service, the exchange announced on Aug. 4.In its…
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Researcher: Google Quantum Breakthrough Could Improve Proof-of-Stake
The application of Google’s quantum computing technology could purportedly help improve the technology which underpins proof-of-stake (PoS) cryptocurrencies.Quantum computing would create truly random numbersPoS is a type of consensus algorithm where block creators are randomly chosen with probability proportional to their stake, while the algorithm of proof-of-work-based digital currencies uses mining. However, the PoS variant…
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ChatGPT sees traffic fall 10% in June after initial rush from users
Despite the decline in traffic, ChatGPT still stays ahead of its AI chatbot competitors like Google’s Bard and Character AI. Worldwide traffic for the popular artificial intelligence (AI) chatbot ChatGPT has witnessed a decline from the month of May to June, suggesting a reduction in interest in the AI assistant tool developed by OpenAI. According to…
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Malaysia Develops Harsh Regulation Alongside With Positives Attitudes Toward Crypto
Cryptocurrency exchanges and blockchain-based companies in Malaysia face some testing times following regulatory changes in the country. As of Tuesday, Jan. 15, new regulations governing cryptocurrencies have come into effect in Malaysia.According to reports, the new regulation has classified cryptocurrencies, tokens and crypto assets as securities, which means they are now under the jurisdiction of…
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Law Decoded: E Pluribus SHA-256
By way of disclaimer, today’s Law Decoded is going to be especially America-centric. Writing to you from the ghastly swamp that is Washington, D.C., I generally try to keep these newsletters more globally minded, displeased as I am with how often the news cycle acts like this town is the center of the solar system. Thematically,…