According to some Kenya-based activists, raising funds through cryptocurrency and non-fungible tokens (NFT) sales is not only faster but less costly as well. The activists added that digital currency also has the “potential to create new ways for young people to earn, spend, save and send money.” Traditional Funding Channels Drying Up After the Covid-19
Proposals in crypto help communities make consensus-based decisions. However, for decentralized music platform Auduis, the passing of a malicious governance proposal resulted in the transfer of tokens worth $5.9 million, with the hacker making away with $1 million. On July 24, a malicious proposal (Proposal #85) requesting the transfer of 18 million Audius’ in-house AUDIO
China’s new Belt and Road Initiative investments in Russia have fallen to zero for the first time, signalling Beijing’s reluctance to incur sanctions in the wake of the Ukraine war. In contrast with past multibillion-dollar pledges and contracts, Beijing struck no new deals with Russian entities under the Belt and Road programme in the first
The EU’s trade chief has vowed to accelerate efforts to boost the union’s network of trade deals, as Brussels responded to member state calls to strengthen global supply chains, wean itself off Russia and deepen links with key allies. Valdis Dombrovskis, EU trade commissioner, said geopolitical pressures were “shifting our perspective on trade policy”, adding
Singapore is lobbying its largest technology companies to relist in the city-state, arguing it is their “national duty” in an escalation of the financial hub’s bid to boost the appeal of its stock market. Over the past year, exchange officials have intensified attempts to persuade Singapore-based companies, including tech conglomerate Sea and superapp Grab, to
Imagine asking a room of five hundred women: “Raise your hand if you have experienced imposter syndrome.” I did this recently. A sea of hands went up, including my own. Because we’ve been schooled to believe that we are in the grip of this “syndrome” and that whenever we feel self-doubt, insecurity or questioning we
The founder and CEO of the leading exchange FTX, Sam Bankman-Fried has offered to give early liquidity to Voyager Digital’s customers, according to an announcement FTX published on July 22. Furthermore, Bankman-Fried discussed the crypto industry with CNBC in an exclusive interview, and noted that he was willing to deploy “hundreds of millions beyond what
China is preparing a system to sort US-listed Chinese companies into groups based on the sensitivity of the data they hold, in a potential concession by Beijing to try to stop American regulators from delisting hundreds of groups. The system is designed to bring some Chinese companies into compliance with US rules that require public
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned of the “biggest bond crash since 1788.” He stressed that the “real problem” is in the bond market, which is “40 times larger” than the stock market. He is waiting for the price of bitcoin to fall further to buy
A federal jury has convicted the founder of “My Big Coin” in a fraudulent scheme that swindled $6 million from cryptocurrency investors. The defendant made several false claims, including that the coins were backed by gold and that the company had a partnership with Mastercard. My Big Coin’s Founder Convicted The U.S. Department of Justice
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week 3AC founders reveal ties to Terra founder, blame overconfidence for
The UK government is set to become a minority shareholder in a listed French business, as France’s Eutelsat nears a deal to acquire OneWeb, the space-based internet company rescued from bankruptcy by Boris Johnson’s government. According to people involved, a deal will be announced as soon as Monday and involve a takeover of OneWeb by
Ethereum’s native token Ether (ETH) has rebounded 40% against Bitcoin (BTC) after bottoming out locally at 0.049 on June 13. Now, the ETH/BTC pair is at two-month highs and can extend its rally in the coming weeks, according to a classic technical pattern. ETH paints cup and handle pattern Specifically, ETH/BTC has been forming a
On July 13, the dedicated crypto price tracking, volume, and market capitalization web portal Coingecko published the company’s “Q2 2022 Cryptocurrency Report” which discusses the last quarter’s crypto market action and insights. The 46-page report explains how the Terra UST and LUNA fallout wreaked havoc on the entire crypto ecosystem and the stablecoin economy. Moreover,
When Volkswagen boss Herbert Diess’s strongest competitor, Elon Musk, parked his electric cars on the German group’s lawn by building a factory just 200km from its historic Wolfsburg headquarters, the Bavarian executive’s response was warmer than many expected. Publicly, Diess told anyone who would listen that Tesla was “paving the way” and “good for the
Ryan McQueeney discusses the end of the semiconductor super cycle and compares Texas Instruments and Broadcom, two chip stocks that dividend investors might have on their radars right now. Texas Instruments: https://www.zacks.com/stock/quote/TXN?cid=CS-YOUTUBE-FT-VID Broadcom: https://www.zacks.com/stock/quote/AVGO?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
The World Health Organization has classified the worldwide monkeypox outbreak as a “public health emergency of international concern”, putting it on par with diseases such as Covid-19, Ebola and polio. It is the highest possible designation under international health regulations, and was last deployed for Covid-19 more than two years ago. The WHO does not
China has issued stark private warnings to the Biden administration about the upcoming trip to Taiwan by Nancy Pelosi, Speaker of the US House of Representatives, triggering alarm bells among White House officials who oppose her visit. Six people familiar with the Chinese warnings said they were significantly stronger than the threats that Beijing has
It is human nature to prioritise the near term over the far off, and to care more about what is proximate than remote. For many of those in the west, the consequences of climate change, though known to be serious, have been something that were largely experienced by other people, or would be felt by
The ongoing cryptocurrency bear market has triggered a massive decline in Bitcoin (BTC) mining profitability as BTC mining expenses outpace the price of Bitcoin. Closely tied to the drop in the BTC price, Bitcoin mining profitability has been tanking since late 2021 and reached its lowest multi-month levels in early July 2022. According to data