Author: Donald Munn
SPONSORED POST* Not everyone who owns some crypto is a financial expert, and has the time to spend hours examining analytical charts and assessing which way the market is likely to shift next. In fact, many crypto owners just want to safely wait out the bear run until their digital currency regains its value. There is however one way that you can actually make money in a downturn, which involves zero effort and none of the risks of short term market speculation – an interest-bearing wallet. With an interest-bearing wallet, you can benefit from sizable passive profits whichever direction the…
This week’s guest on the Cardano SPO Column is a stake pool that is working on ALDEA, a DAO for spanish speakers: Falcon Stakepool [FALCO]. Last week’s guest was a stake pool operated by someone who has been in the crypto space since 2011. This initiative is a point of reference for everything Cardano and every week or two we will invite a Stake Pool Operator (SPO) to answer some questions and give us an update directly from within the Cardano community. Considering that many of our readers are new to the crypto space, we will have a mix of…
This week’s guest on the Cardano NFT Column is a project that uses AI (Artificial Intelligence) to generate beautiful artworks: EntheosAI. Last week’s guest was a project that aims to use blockchain technology and NFTs to decentralize the music industry. This initiative is a point of reference for NFTs on Cardano and every week or two we will invite someone to answer some questions and give us an update directly from within the Cardano community. Considering that many of our readers are new to the crypto space, we will have a mix of simple and technical questions. Cardano NFT project:…
In the United States of America, the campaign for the November Mid Term elections is beginning to ignite. One of the US politicians who has consistently come out against cryptocurrencies is Democratic Senator Elizabeth Warren, a former university law professor who has made consumer protection one of her main political battles. In fact, she spearheaded the creation of the Consumer Financial Protection Bureau (CFPB), the federal agency that deals precisely with consumer protection in the financial sphere. In addition, she is chairman of the US Senate Banking Subcommittee on Economic Policy. Senator Elizabeth Warren proposes banning cryptocurrencies from banks Proposal…
In a research study, XTB highlights the main characteristics of the average new investor. Due to lockdowns, but also to an increasingly precarious world of employment (a trend that was already in place before the pandemic), many people have found themselves in financial difficulties by not being able to work and having a lot of time on their hands. This, coupled with the fact that a very aggressive inflation (the worst in 40 years) is eroding capital in various portfolios by almost 10%, has also laid the groundwork for a boom in new investors. The characteristics of the new investor…
The legal battle between Twitter and Elon Musk over the social media company’s failed acquisition deal is getting increasingly heated, and the social media company has now sued Binance. Twitter sues Binance and other companies involved in the acquisition Twitter is suing companies involved with Elon Musk in the acquisition, including Binance Twitter‘s lawyers involved in the lawsuit filed against Elon Musk over his failed $44 billion acquisition are set to subpoena dozens of companies that were in some way involved in the purchase proposal made by Musk to acquire the social media company. The companies named include cryptocurrency exchange…
The recent launch of Dubai’s Metaverse strategy by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, puts the city at the center of Web3 development. Dubai promotes Web3 development Dubai is creating a favorable ecosystem to become the global hub of the Web3 Dubai has long been regarded as the new frontier for the world of digital currencies, becoming home to at least 1,000 companies operating in the sector. According to the strategic plan for 2026, recently approved by the Emirate government’s Department of Finance, it should soon consolidate its position as a global…
PayPal’s separation from eBay contributed to the payment service’s disappointing quarterly earnings and guidance this quarter. PayPal’s quarterly disappoints analysts PayPal’s quarterly report is below expectations It’s time for quarterlies, and among those still coming out, analysts certainly were waiting for PayPal’s Q2, an important figure to check the company’s health, but also to get input on consumption. The litmus test has put the payments company’s back against the wall as it misses targets, not only because of its separation from eBay, which now uses its own independent payments system for transactions on its online shopping and auction site. Second-quarter…
Michael Saylor announced that as of 8 August he will no longer be CEO of MicroStrategy, but only Executive Chairman. Michael Saylor will no longer be CEO of MicroStrategy Phong Le takes over from Michael Saylor MicroStrategy, the company holding the largest percentage of Bitcoin in the world, announced Tuesday, somewhat surprisingly, that its charismatic CEO, Michael Saylor, will step down from his current position to assume the new role of Executive Chairman, starting from 8 August. Phong Le, the company’s chairman, will become the new CEO. In a note Saylor stated: “As executive chairman I will be able to…
16,000 people have signed a petition on Change.org calling for the resignation of SEC Chairman Gary Gensler The community wants SEC chairman’s resignation The petition has already collected 16,000 subscriptions A petition on the dedicated website Change.org launched a few days ago by a citizen, Roy Ferneini, has reportedly already gathered more than 16,000 signatures. As a motivation for the request, the petition on the association’s website reads: “Gary Gensler is complicit in criminal activities perpetrated by Citadel in naked short selling and dark pool abuse. He is guilty of obstruction of justice due to his lack of enforcement of…