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Crypto PACs Dominate Ohio Senate Race, Spending $40M on Sherrod Brown's Foe

27.9.2024
The colossal campaign spending from the cryptocurrency industry is showing up in dominant fashion in Ohio's U.S. Senate race, where its political action committees have devoted $40 million to support Republican Bernie Moreno's opposition of Sen. Sherrod Brown (D-Ohio), the crypto-skeptical chairman...

A Detailed Analysis of Ancient 2009 Bitcoin Wallet Spending Since 2015

21.9.2024
On Friday, Sept. 20, 2024, blockchain detectives were left stunned when five dormant bitcoin wallets from 2009 suddenly became active. In a fascinating twist, exactly nine years earlier on Sept. 20, 2015, a single block reward from 2009 was spent, with the owner transferring block height 2,800...

JPMorgan CEO Warns of Recession Threat, Higher Inflation, Stagflation

16.9.2024
JPMorgan Chase CEO Jamie Dimon has raised concerns about stagflation despite signs of easing inflation. Dimon highlighted ongoing risks such as rising deficits and government spending that could pressure inflation. The JPMorgan executive warned that the U.S. economy is not yet out of the woods...

Kotaku's Weekend Guide: 5 Games We'll Be Spending More Time With

7.9.2024
The short week is over and you’ve already reached another weekend — or perhaps have finally made it to another weekend, depending on how much you hate your job. Because we love ours, we’ve decided to make this week’s Weekend Guide all about the games we’ve had the pleasure of reviewing recently....

Elon Musk Can’t Wait to Reform US Government Spending and Regulations

4.9.2024
Tesla CEO Elon Musk has expressed his eagerness to tackle excessive waste and regulations in the U.S. government, responding to a report that former President Trump is considering him for a role in auditing federal agencies. Musk emphasized the need to reduce wasteful spending to curb inflation...

Ethereum Foundation Defends $96.9M Transfer Amidst Criticism

26.8.2024
On Aug. 23, 2024, the Ethereum Foundation made a significant transaction by transferring 35,000 ETH, valued at approximately $96.9 million based on current ether rates. The transaction sparked some criticism from the crypto community, with a few voices raising concerns about the foundation’s...

Claudia Sahm Warns Fed: Delayed Rate Cuts Could Spur Unnecessary Recession

15.8.2024
In a detailed discussion with Kitco News, Claudia Sahm, founder of Sahm Consulting and chief economist at New Century Advisors, shared her insights on the U.S. economy. Despite rising recession concerns, Sahm emphasized that the current labor market still shows strength, suggesting the economy...

Elon Musk Offers to Assist Donald Trump Boost Government Efficiency

14.8.2024
Tesla and Spacex CEO Elon Musk has offered to assist former U.S. President Donald Trump in managing government spending if Trump is re-elected, proposing the creation of a government efficiency commission. Trump endorsed the idea, praising Musk as “the greatest cutter” and suggesting...

Economist Editorial Claims 2024 Recession Is Inevitable—Is America Ready?

13.8.2024
A U.S. recession in 2024 appears to be on the horizon, according to a recent editorial piece by the Economist. The article surfaces as warnings of an economic downturn grow louder, with the author asserting that “there is no escaping the squeeze ahead for America’s economy.” Economist Article...

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