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Members of the U.S. Federal Reserve are getting criticized this week after the central bank published its minutes report from the policy meeting on December 14-15. Following the update, the outgoing vice chair of the Federal Reserve’s trading activities has reignited ethics conversations. Richard Clarida’s Trades Under Scrutiny The U.S. central bank can shake up … Read more
The United States is facing severe inflation despite the Federal Reserve and mainstream media doubling down on saying the loss of purchasing power is just “transitory.” This week consumer and producer metrics from July have been published by the U.S. Bureau of Labor Statistics and inflation is growing stronger. July CPI Stats Show a Jump … Read more
NYT likens the NFT bubble to the plague induced “tulip mania” of the 1600s, Polkamon NFTs generate more than $1 million in gas fees, and a man fails to sell 50% of a house as an NFT Go to Source Powered by WPeMatico
An analysis performed by the New York Times of internal pay data at cryptocurrency exchange Coinbase unveiled disparities in salaries, showing their women and Black employees were underpaid. Coinbase Underpaid Women and Black Employees, Claims NYT Study According to the report, women employees were paid by Coinbase an average of $13,000, or 8%, which is … Read more
The New York Times has unveiled a blockchain-based project using the Hyperledger Fabric to fight fake news Go to Source Powered by WPeMatico
According to NYT tech reporter Nathaniel Popper, Facebook is seeking up to $1 billion in venture capital to support its reported “Facebook Coin” Go to Source Powered by WPeMatico
Paul Krugman, the famed economist who’s made a career out of being wrong about things, is wrong again. That in itself is no more surprising than the fact that his latest op-ed takes aim at his favorite bête noire – bitcoin. The surprising part is that Krugman has resorted to the same hackneyed arguments he … Read more
After heavy speculation over the past few days regarding whether bitcoin could break newfound resistance levels, the currency has spiked to approximately $9,561 at press time. This is the highest point for bitcoin since it struck $9,000 in mid-March, and it looks as though $10,000 may be right around the corner. Perhaps the biggest pusher … Read more
Cambridge Analytica, the London-headquartered data mining firm responsible for the latest Facebook privacy scandal, has reportedly been working on launching its own initial coin offering (ICO) in recent months. The company has also been linked to helping other shady players market their tokens. Also Read: SPI Solar to Host 5,000 Bitcoin Miners for Chinese … Read more
Did you hear that bitcoin’s dead? Or how about the new coin that’s going to be the next ethereum? Also, there’s this cryptocurrency called verge that experts are tipping to make huge gains this year. And let’s not forget ripple either. You should totally load up on $3 ripple. Navigating the cryptocurrency landscape is tricky … Read more
