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Hungary plans Bitcoin tax cut as part of economic recovery program
11.5.2021
Lawmakers are reportedly planning to cut taxes on Bitcoin gains in half, possibly as early as 2022
Biden Economics: US Jobs Report Lackluster, Unemployment Extensions Hammer Supply Chain, Americans Want More Stimulus
11.5.2021
Recent headlines in numerous publications claim the U.S. economy is set for rapid expansion and a “post Covid boom” thanks to Joe Biden’s economic plans. However, contradicting reports identify certain struggling elements, such as the supply chain, which have been ravaged...
Venezuelan Minimum Wage Reaches $3 as More Venezuelans Take Refuge in Cryptocurrencies
5.5.2021
The president of Venezuela, Nicolas Maduro, approved a minimum wage raise increase last week that took it to three dollars monthly, a very low income for the citizens of the country that are facing a strong economic crisis since 2013. However, the crypto environment has been growing, and...
Nigerian Regulator Issues ‘Extreme Caution’ Crypto Investments Warning
28.4.2021
Nigeria’s Economic and Financial Crimes Commission (EFCC) has become the latest body to warn of risks associated with cryptocurrency investments. In a public warning, the law enforcement agency argues that investing in cryptos “is a high-risk activity as the terrain is largely...
US State Passes Resolution Commending Satoshi Nakamoto and Bitcoin
24.4.2021
The U.S. state of Louisiana has passed a resolution to commend bitcoin for its success as well as commend the cryptocurrency’s pseudonymous creator, Satoshi Nakamoto, “for his contribution to economic security.” State Resolution Recognizing Satoshi and Bitcoin The Louisiana House...
‘Black Swan’ Author Nassim Taleb Advises to Stay Out of Bitcoin, Citing No Link to Inflation or ‘Anything Economic’
23.4.2021
The famous author of The Black Swan, Nassim Nicholas Taleb, says investors should not buy bitcoin. To hedge against the current turbulent market, he advises buying stocks or real estate, emphasizing that bitcoin has no connection to inflation or “anything economic.” Nassim Taleb Advises...
National Court of Spain Takes the Investigation of the Alleged Ponzi Crypto Scheme Arbistar
23.4.2021
The investigation against an alleged major Spanish Ponzi crypto scheme will now be in charge of the National Court of Spain. A judge from the national legal instance is now taking the investigation of Arbistar after the inhibition of a judge in Tenerife. Economic Damages Could Reach Over $120...
Communist Party of Cuba Suggests Including Cryptocurrencies as an Alternative to Deal With Economic Crisis
20.4.2021
When a country faces a severe economic crisis or living in a long-lasting political turmoil, cryptocurrencies are often discussed as an alternative to deal with the tough times. Although cryptos are not an unfamiliar issue in Cuba, the Communist Party of Cuba (PCC) has been recently showing...
Dubai's economic department to roll out blockchain-based corporate KYC
14.4.2021
Dubai’s Department of Economic Development wants to accelerate the total adoption of UAE KYC — the national Know Your Customer standard running on blockchain technology
Economist Says Bitcoin Isn’t Too Big to Fail — Warns BTC Can Only Establish Itself if Governments Allow It
7.4.2021
Allianz’s chief economic advisor Mohamed El-Erian says that bitcoin is not too big to fail and that governments may intervene. While he believes that cryptocurrency will grow in popularity, the economist says “it takes away a lot from governments,” adding that this asset...
WEF report suggests women underrepresented in blockchain, points to solutions
4.4.2021
A new report from the World Economic Forum shows that the gender gap will take 135.6 years to close due to the COVID-19 pandemic
Serious Sam 2 Gets Massive Update 15 Years After Release
23.3.2021
Croatian studio Croteam has partnered with independent developer Nathan “DwK” Brown to release a huge update to Serious Sam 2 today, more than a few years removed from the first-person shooter’s late 2005 launch.Read more
So, It's Been A Year, Huh
18.3.2021
On March 11, 2020, the World Health Organization declared the growing outbreak of covid-19 a pandemic. In the year since, over 120 million people have been infected by the virus worldwide, and 2.5 million people have died because of covid-19. Life has forever been changed. We wear masks. Avoid...
Post-COVID-19, Bitcoin & Co May Help UK Escape from Economic Funk
14.3.2021
After the UK’s decidedly mixed response to the coronavirus pandemic, the nation has proven something of a frontrunner in all things vaccine-related, leading it to start easing out of its latest two-month-plus national lockdown on March 8 ahead of its European counterparts – almost a year since...
Women, decentralization and the world’s economic drive: Experts answer
8.3.2021
Here’s what crypto and blockchain industry experts think about the role of women in the fintech space and global economic development
US House Representative Ro Khanna Lauds BTC Which ‘Cannot Be Devalued’- Calls for Less Carbon Intensive Mining
7.3.2021
After Elizabeth Warren, the U.S. Senator for Massachusetts called bitcoin a speculative asset, Ro Khanna, the U.S. House Representative for California has spoken in favor of the crypto asset. In his Twitter statement, Khanna says “bitcoin just like digital gold cannot be devalued.”...
A Debt-Fuelled Economic Crisis & Bitcoin: What to Expect?
7.3.2021
It’s hard to shake the fact that bitcoin (BTC)’s ascent from one fresh all-time high to another in recent months has taken place amid a backdrop of a struggling global economy. The United States’ GDP infamously tanked by a record 32.9% in Q2 2020 and fell by 3.5% across 2020 as a whole, while...
A Reminder That A Lot Of Big Games Exploit Overseas Labor
5.3.2021
While most big games released have a main studio that’s often based somewhere like the United States or Canada or the UK, they also frequently make use of outsourcing studios in other countries to get their games made. Studios where, surprise, the working conditions can be not great.Read more
Hyperbitcoinization’s Small Minority: Economist Says Bitcoin’s Growing Success Will Lead to Perverse Consequences
1.3.2021
Last Sunday, the price of bitcoin touched an all-time price high at $58,354 per unit and surpassed a $1 trillion market capitalization. Bitcoin’s value has dipped since then, but the decentralized crypto asset’s market still captures a large $900 billion valuation. On February 26,...
As Millions Drown in Today’s Poverty Trap, Macro Strategist Raoul Pal Says ‘Bitcoin Is a Life Raft’
18.2.2021
Global Macro Investor CEO, Raoul Pal, discussed the current economy this week and asked his 394,000 followers if people are using the wrong denominator when it comes to certain economic factors. One thing’s for certain, wages have not increased, no matter the common denominator people use...