‘Today is the big one: reciprocal tariffs‘ — President Trump
During the 18th and 19th centuries, trade tariffs funded up to 90% of the United States federal government’s annual budget.
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Fork, yeah! Cardano Vasil upgrade goes live
Cardano’s newest hard fork is the blockchain's most significant update since adding smart contract functionality last September. 733 Total views 32 Total shares After several months of delays, the Cardano Vasil upgrade and hard fork has finally gone live as of Thursday at 9:44 pm UTC, bringing “significant performance and capability” enhancements to the blockchain.The…

How to innovate in a crisis — and thrive
A crisis is a terrific catalyst for innovation. When things are going smoothly, it’s easy to nod and agree to a concept like this; however, this belief can easily go out the window when the wheels are coming off a venture you’ve built from the ground up. That is, innovation can’t just be a catchphrase within…

SEC versus Kik: SAFTs are far from safe
On the last day of September 2020, Judge Alvin K. Hellerstein dashed the hopes of Kik Interactive, crypto entrepreneurs and Simple Agreement for Future Tokens, or SAFT, proponents in general by ruling in favor of the U.S. Securities Exchange Commission’s motion for summary judgment in SEC v. Kik Interactive. The case was instigated by the SEC…

How to Buy Smartphone for Crypto: Project Launches New Blockchain-based Marketplace
A project called Nasdacoin is planning to open a new online marketplace where users can buy and sell products, as well as services to each other, directly using the company’s cryptocurrency as a payment method. The new multilateral platform is to be launched on Oct. 30, 2018, when the final testing is completed. The platform…

Law Decoded, Aug. 8-15: In the eye of Tornado Cash
U.S. Treasury links the crypto mixer with $7 billion worth of laundered money. 148 Total views 2 Total shares Summer is still on, harvesting the fresh names for its list of the crypto companies in deep trouble. This time, the trouble came not from the market or management but from the United States Treasury Department.…

Bitmain Eyes 2020 Bitcoin Block Halving as Pivotal Moment for Mining Fortunes
Embattled cryptocurrency mining giant Bitmain has allegedly hinted the release of its new mining hardware could hinge on the 2020 Bitcoin (BTC) block reward halving. The news was reported by English-language Asia news outlet South China Morning Post (SCMP) on March 27.Bitmain, which has seen a testing six months as market volatility triggered redundancies and…

Will they or won’t they? Central banks eye each other’s digital currency moves
Canada doesn’t want any "surprises" regarding central bank digital currencies. In a recent interview with Reuters, Bank of Canada Governor Tiff Macklem doubled down on the country's contingency-plan approach to CBDCs, stressing that he sees no urgent need to issue one right now. For Macklem, inter-state competition and coordination remains the key question when it comes…

Congress demands crypto payments notification from DOS when helping Ukraine
The bill amendment demands the Secretary of State submit reports to congressional committees explaining why the DOS made the determination to pay out rewards in cryptocurrency. 36 Total views 2 Total shares A new bill demanding a congressional notification prior to payments of the United States Department of State (DOS) rewards using cryptocurrencies surfaced as…