Sarah

Despite the rapid adoption of cryptocurrencies and the growing confidence of the world population in bitcoin, some economists are still critical of the flagship cryptocurrency. Among them is Professor Hans-Joachim Voth of the University of Zurich. In a recent interview, he discussed modern monetary theory, which considers money to be a government monopoly. That is, […]

The regulator of the capital emirate of the UAE, in order to fulfill the plan to turn the country into a cryptohub, has developed principles for the supervision of digital assets. The Financial Services Regulatory Authority (FSRA), the financial regulator of the Abu Dhabi Global Market Free Zone (ADGM), has published “Guidelines” on the oversight […]

Cryptocurrency trader and analyst suggested that the SHIB meme token could never noticeably rise in price. Shiba Inu ranks 13th in terms of market capitalization among cryptocurrencies, however, the token price is still very far from one dollar. Some SHIB supporters hope that in the long run its rate will still exceed the important mark, […]

The creators of Opera said that their crypto-browser is the only browser capable of providing a comprehensive toolkit for working with Web3. Opera Software said the addition of the wallet comes ahead of the transition of the Ethereum network to a new algorithm. Opera Crypto Browser is a standalone product that works in conjunction with […]

Filecoin mining company RRMine Global has announced that it has stopped operations in mainland China and moved to Singapore. The company said the move was prompted by “tightening restrictions” on cryptocurrencies in China and “bolstered by the fact that China’s Web 3.0 strategy is going in a different direction.” RRMine Global CEO Steve Tsou said […]

The US authorities have published a new Consumer Price Index. Inflation turned out to be higher than expected, which led to a collapse in the markets for risky assets. Bitcoin lost 5.3% and is trading at $21,380. Analysts expected inflation in the US to slow down by 0.1% in August, but prices, on the contrary, […]

The 2013 Nobel Prize winner in economics believes that the viability of bitcoin as a means of payment is greatly reduced due to its high volatility. American economist Eugene Fama said in an interview that the first cryptocurrency will have value if it is used as money. “When users use bitcoin as a means of […]

London-based venture capital firm Northzone has announced that it has raised €1 billion in funding for a new fund focused on fintech startups. The company noted that Web3 is the most priority area that the Northzone team will actively develop over the next few years. Northzone was founded in 1996 as a general investment company. […]

ConsenSys Chief Decentralized Protocol Economist Lex Sokolin believes Ethereum has much higher upside potential than Bitcoin in the short term. Lex Sokolin stated in a recent interview that the upcoming Ethereum merger could fundamentally change the way ETH is used, making it more suitable for savings. In his opinion, most of the users will invest […]

The use of cryptocurrencies for international payments by companies from Russia may begin as early as next year, Ivan Chebeskov, a spokesman for the Ministry of Finance, said. According to the director of the financial stability department of the Ministry of Finance, the use of cryptocurrencies for international payments is quite acceptable within the framework […]