PRESS RELEASE. Web3 game studio Qooverse has secured pre-seed funding in a round led by VC firm Paper Ventures, followed by Animoca Brands, Merit Circle, and notable angels in the industry. Founded by a creative team whose professional background includes time at Tencent and Goldman Sachs, Qooverse is developing an ecosystem of mid-core and casual […]
Vanilla Finance Closes Pre Seed Investment Round led by UOB Ventures, Paper Ventures & ABCDE Labs
PRESS RELEASE. Singapore, November 26th, 2024 – Vanilla Finance, the #1 exchange by trading volume on Telegram, today announced the successful closure of their Pre-Seed investment round led by Paper Ventures, UOB Ventures, & ABCDE Labs among other top tier ventures and investors, including HTX Ventures, Ocular, Openspace, Y2 Ventures, Signum Capital and angel investors […]
Unmasking Satoshi Nakamoto’s Halloween White Paper Release: A Strategic Coincidence?
On Halloween night in 2008, Satoshi Nakamoto unveiled the Bitcoin white paper, marking a seismic shift in the world of finance and technology. The Significance of Halloween 2008 in Bitcoin’s Origin Story In 2008, on Halloween, an anonymous figure known only as Satoshi Nakamoto introduced a groundbreaking concept that would alter the course of financial […]
Bitcoin White Paper Turns 16: Despite Mainstream Status, Satoshi’s Proposal Is as Valid as Ever
16 years ago, Satoshi released the Bitcoin white paper into the world, seeking to revolutionize finance by eliminating the custodians and middlemen associated with money. Today, his proposal is as valid as ever, even with bitcoin’s rise in popularity. Bitcoin Turns 16 Amidst a Surge in Adoption and Popularity 16 years ago, Satoshi Nakamoto, the […]
A New Fed Working Paper Aims to Rein in Bitcoin With Taxes or Prohibition—Here’s Why It’s Flawed
In a working paper, Amol Amol and Erzo G.J. Luttmer from the Federal Reserve Bank of Minneapolis argue that prohibiting bitcoin or imposing specific taxes could help governments implement permanent primary deficits effectively. Their research explores the impact of bitcoin on fiscal policies and offers potential solutions. The Case Against Bitcoin: The Minneapolis Federal Reserve’s […]
ECB Working Paper: The Role of Stablecoins as Crypto Safe-Haven Is Questionable
A recent study part of the European Central Bank (ECB) working paper series has concluded that stablecoins are susceptible to shocks derived from U.S. monetary policy changes. Contractionary shocks make stablecoins react negatively, being even more relevant than traditional crypto shocks to stablecoins, while money market funds (MMFs) thrive. ECB Paper: Stablecoins Are Susceptible to […]
Academic Paper Demonstrates Bitcoin Mining’s Potential to Mitigate Methane Emissions
Researchers Murray A. Rudd, Matthew Jones, Daniel Sechrest, Daniel Batten, and Dennis Porter have unveiled a new study showcasing a cutting-edge framework that fuses landfill gas-to-energy (LFGTE) systems with bitcoin mining. This innovative strategy is designed not only to combat methane emissions but also to unlock new economic opportunities. Study Merges Landfill Gas-to-Energy Systems With […]
Academic Paper Questions Federal Reserve Independence and Exposes Political Ties
Thomas Joseph Webster, Professor Emeritus of Economics at Pace University, challenges the long-held belief in the Federal Reserve’s political independence in his comprehensive report, “The Myth of Fed Political Independence.” Webster’s research scrutinizes the relationship between fiscal and monetary policies, arguing that the Federal Reserve operates more as a political tool than an independent entity. […]
India Expected to Release Consultation Paper on Cryptocurrency Regulations in Coming Months, Report
The Indian government, through a panel headed by the Secretary of the Department of Economic Affairs (DEA), is expected to release a consultation paper on cryptocurrency regulations. The paper, scheduled for release between September and October 2024, will seek input from stakeholders to gather feedback on effective regulation. India is emphasizing the importance of international […]
New York Federal Reserve Staff Paper on Tornado Cash Concludes Ethereum Is ‘Not Immune to Censorship and Cooperation’
A staff report published by several New York Federal Reserve employees found that Ethereum “is not immune to censorship and cooperation,” which depends on the roles of several actors across the network. The paper examined how the network performed after Tornado Cash, one of the main mixers in the blockchain, was sanctioned by the OFAC. […]
Rwandan Research Paper Recommends CBDC With ‘Partial Pseudo-Anonymity’
A recent research paper from the National Bank of Rwanda recommends a two-tier, universal, zero-interest central bank digital currency (CBDC) with partial pseudo-anonymity. Although the research paper identifies 15 opportunities for CBDC, only four are said to offer “high potential benefits and limited alternative choices to obtain similar advantages.” Research Paper Identifies 15 CBDC Opportunities […]
Paypal Promotes Low-Carbon Bitcoin Mining With New Research Paper
Paypal, in collaboration with Energy Web and DMG Blockchain Solutions Inc., has introduced an approach to promote environmentally sustainable practices in bitcoin mining. This research-backed initiative encourages miners to utilize low-carbon energy sources by offering financial incentives. Paypal Blockchain Research Team Advocates for Low-Carbon Mining With Financial Incentives The rise of the Bitcoin network has […]
Reserve Bank of New Zealand Releases Digital Currency Consultation Paper
The Reserve Bank of Zealand has said the proposed digital version of the country’s physical cash would provide universal access to central bank money, either in physical cash or digital form. According to the central bank, the digital version will not only be government-backed but will also be denominated in the local currency. Universal Access […]
Robert Kiyosaki Urges Ditching US Dollar for Bitcoin — Warns Boomers’ Retirements Going Broke as Paper Assets Crash
Rich Dad Poor Dad author Robert Kiyosaki has urged investors to ditch the U.S. dollar and buy bitcoin alongside gold and silver. He warned that “baby boomers’ retirements are going broke as paper assets crash.” The famous author stressed: “I do not trust anything that can be printed.” Robert Kiyosaki’s Latest Warnings and Advice The […]
New Research Paper Sheds Light on Alleged Conflicts of Interest in FTX’s Chapter 11 Filing
A recent research paper on SSRN by legal scholars scrutinizes the ethical quandaries and potential conflicts of interest surrounding Sullivan & Cromwell LLP’s involvement in FTX’s Chapter 11 bankruptcy filing. Study Highlights Legal Ethics From FTX Bankruptcy Proceedings The SSRN research paper entitled “Conflicting Public and Private Interests in Chapter 11” meticulously explores the controversial […]