cryptocurrencies

How the War on Crypto Triggered a Banking Crisis

According to an article in American Banker titled “SEC’s Gensler Directly Links Crypto and Bank Failures,” SEC Chair Gary Gensler has asked for more financial resources to police the crypto market. Gensler testified at an April 18 House Financial Services Committee hearing:  [Crypto companies] have chosen to be noncompliant and not provide investors with confidence and protections, […]

False Profits

Suzie Halewood “Reality is that which when you stop believing in it, doesn’t go away” Phillip K Dick For hundreds of years the barons, landed gentry and royals of England sought to increase their wealth and power by hooking up to the most powerful corporate businesses and leaders of industry with the aim of worldwide …

BRICS agree to joint work on ‘Fourth Revolution’, cryptocurrencies

In order to deal with new technologies like AI and cryptocurrencies, BRICS nations must work together, Ramaphosa, center, said [PPIO]
 
BRICS countries are being urged to embrace the rapidly developing technologies which have carved a fourth industrial revolution but to do so in a fully collaborative approach.
South African President Cyril Ramaphosa says that while this digital revolution is the next threshold for BRICS countries, they should work together to ensure that emerging economies have a level playing field.

Stanford Physicist Finds That Bitcoin Transactions Mirror the Laws of Nature

(ANTIMEDIA) — In the wake of Bitcoin’s meteoric rise in popularity, interest in the dynamics of Bitcoin and other cryptocurrencies has skyrocketed over the past year. With bank-based blockchain projects poised to revolutionize the world of financial services, researchers continue to study the new technology to better understand the inner-workings of the blockchain, as well its economic, social, […]

For the First Time, a Country Just Made a Cryptocurrency Its Official Currency

(ANTIMEDIA) Republic of the Marshall Islands — In a move that, for anyone following the progress of cryptocurrencies, was truly inevitable, the world’s first country has adopted a digital asset as legal tender. From the Associated Press (AP): “The tiny Marshall Islands is creating its own digital currency in order to raise some hard cash to pay bills and boost the […]

Bill Gates Says Cryptocurrency Is “Killing People” — Is He Right?

(ANTIMEDIA) It’s been an embattled year so far for Bitcoin and the cryptocurrency world in general. The start of the year saw a precipitous drop in Bitcoin value, marking somewhere around blockchain’s 250th death. Then, numerous financial institutions, government regulatory agencies, and elite moguls rubbed salt in the wounds with a series of rhetorical attacks aimed at discrediting cryptocurrency and dismissing it […]

Bank of America Admits Cryptocurrencies Threaten Its Business Model

(ANTIMEDIA)  — The world’s major banking institutions, however begrudgingly, may be starting to change their tune on the legitimacy of cryptocurrencies. Though not surprising, this shift is rooted in the most selfish of reasons — survival. Last week, in an annual report filed with the U.S. Securities and Exchange Commission, Bank of America acknowledged that the growing acceptance of digital assets […]