Iraq Issues Ban on US Dollar Transactions to Bolster Usage of Iraqi Dinar
The government of Iraq issued a ban on using the U.S. dollar for conducting business transactions on May 14. The...
Month: May 2023
Economist Peter Schiff Warns About a New, Incoming Great Depression Crisis, Criticizes Misleading Inflation Numbers
Peter Schiff, best-selling author and chief economist of Europac, has warned about the coming of a new great depression period...
Bitcoin Mining in 2023: 18 Profitable ASIC Devices and the Dominance of Three Major Manufacturers Revealed
According to statistics from mid-May 2023, 18 different application-specific integrated circuit (ASIC) bitcoin mining devices are profitable using today’s bitcoin...
Bitcoin Cash enables CashTokens upgrade on its network
Bitcoin Cash developer Jason Dreyzehner states that the latest upgrade incorporates support for CashTokens, which he considers a “tool for...
Signature Bank failed to understand risks associated with crypto: FDIC chair
A related report penned down by FDIC Chief Risk Officer cited poor management as “the root cause of Signature Bank’s...
Optimism’s major ‘Bedrock’ upgrade set for June 6
The much-needed upgrade will provide a number of improvements across the network, and come at a time when competition in...
Digital assets should be valued as ‘proper property’ — Sandbox co-founder
Around 5 billion people are online and digitally-bound assets should get the same treatment as any other type of property,...
Apple’s new headset could put a rocket under metaverse tokens
Metaverse tokens surged earlier this year amid rumors about Apple's new virtual reality headset, will this time be different? Apple...
Secret Service owns crypto, loves blockchain and has an NFT collection: Reddit AMA
In a crypto-themed AMA session on Reddit on May 15, the U.S. Secret Service answered a wide range of questions...
ChatGPT creator OpenAI is releasing an open-source AI model: Report
The firm behind ChatGPT is seemingly under pressure from other available open-source AI models and is prepping to enter the...
Celsius moves $781M in stETH just as Lido withdrawals open
The bankrupt crypto lender has been moving its massive stash of staked Ethereum. It appears that embattled crypto lender Celsius...
SEC seeks denial of Coinbase petition for imminent crypto rules
Coinbase’s chief legal officer Paul Grewal expressed his concerns over the SEC's response, asserting that they will happily continue overseeing...
Despite Transfers Lingering in the Mempool, Bitcoin’s Daily Transaction Rate Taps All-Time High
Bitcoin is on a roll in 2023, breaking records left and right. For instance, on May 2, at block height...
US Senators Reintroduce ‘Accountability for Cryptocurrency in El Salvador (ACES) Act’
U.S. Senators Jim Risch and Bob Menendez have reintroduced the “Accountability for Cryptocurrency in El Salvador Act,” known as the...
Amid ‘Regulatory Apparatus’ Against Crypto, Paul Tudor Jones Maintains Bitcoin Allocation
In a recent interview, the renowned investor Paul Tudor Jones expressed his perspective on bitcoin, acknowledging that there might be...
