Florida, in a bold move, has officially banned the use of Central Bank Digital Currency (CBDC). The ratified bill, signed by Governor Ron DeSantis, will make the anti-CBDC law effective from July 1, 2023. DeSantis, during the signing, voiced serious concerns that CBDCs could offer authorities a window into personal financial transactions, thereby undermining individual […]
US inflation marks a ten-month decline, sliding to 4.9% in April. Amid falling food and energy prices, the Federal Reserve's next move is uncertain after raising rates to a 16-year high. With the lowest unemployment since the 1950s and potential bank bankruptcies, these developments may spur a bullish surge in the cryptocurrency market. The US […]
That's absolutely not true. First of all, renting swimming pools by the hour is not a luxury product; it's more a product for lower-income individuals. During a bear market, this type of business tends to thrive. The same goes for truly luxurious products catering to extremely wealthy people, because no matter what, the rich get […]
Robert Gryn, a famous crypto investor, is well known for running crypto projects such as Meta Hero and Everdome. I have to admit, he was quite adept at marketing for those projects. Unfortunately, it seems like both of them may be scams. The prices of Meta Hero and Everdome tokens have plummeted. Recently, Robert posted […]
As Hong Kong welcomes back the cryptocurrency market, local investors have initiated a $100 million fund called ProDigital Future, aimed at investing in the digital asset industry and Web3. The fund is currently targeting early-stage Web3 market projects and has amassed $30 million after a six-month fundraising period. The ultimate goal is to raise the […]
Messaging app Telegram has added a new feature that allows users to send themselves TETHERS (USDT), a top stablecoin, within its chat service. The option of sending USDT was incorporated into the @wallet bot, which facilitates the buying and selling of cryptocurrencies. This move could have significant implications, as familiarity with blockchain technology and cryptocurrency […]
Did you know that Steve Wozniak, co-founder of Apple, has been producing his own custom $2 bills in the town of Los Gatos for over 30 years! What is more, Wozniak uses a high-quality printer that meets the specifications of the U.S. government to produce the bills, which he sells in sheets of $5. Despite […]
Former CEO and founder Terry Do Kwon was arrested today in Montenegro's capital, Podgorica, on charges related to the collapse of the Terra Luna (LUNC) and Terra USD (USTC) ecosystems. Detained with forged documents, Kwon is wanted by authorities in South Korea, Singapore, and the United States for his role in the cryptocurrency market crash. […]
As the US authorities plan to introduce a central bank digital currency (CBDC), a wave of controversy and unease emerges among citizens and politicians. Many fear this new asset, controlled by the US Federal Reserve, will grant authorities access to citizens' lives, monitoring their movements and spending. Republican senator Ted Cruz stands among those who […]