Economist Paul Krugman Criticizes Florida Gov. Ron DeSantis’ Opposition to Central Bank Digital Currency

Economist Paul Krugman questioned why Republican Florida governor Ron DeSantis opposes a central bank digital currency (CBDC) in a recent opinion editorial. Krugman suggested that DeSantis may be motivated by “general paranoia.” He speculated that DeSantis may be influenced by individuals who fear a digital currency could hinder “un-woke activities such as tax evasion and … Read more

Cryptocurrency Theft Remains Key Revenue Source for North Korea, UN Report Says

Cyberattacks on cryptocurrency exchanges have been a major source of funds for North Korea in the past year, a United Nations report has unveiled. According to the document, the sanctioned nation has also been developing its nuclear and missile programs. North Korea Hits Cryptocurrency Exchanges, Sanctions Monitors Say Hackers controlled by the Democratic People’s Republic … Read more

Kalashnikov Eyes Digital Ruble Settlements as Russia Aims to Replace ‘Dirty Money’

Kalashnikov Group, the Russian firearms manufacturer, is ready to transition to settlements in digital currency. The announcement came from the international economic forum in Saint Petersburg where the central bank of Russia reaffirmed its intention to replace “dirty” and “infectious” paper cash with the digital ruble that’s currently under development. Russia’s Kalashnikov Concern Looks Forward … Read more

Chinese Officials Express Concerns over AI’s Role in Military Weaponry

Any development in the technology industry seems to have people concerned these days. In the case of AI development, that isn’t entirely unfounded either. Chinese officials are growing more concerned over how much attention this technology is getting as of late. In fact, they feat this “AI boom” will accidentally start the next major war … Read more

Bitpay Bans Payments to Merchants of Explicit Content, Cloud-Mining and Gambling

Bitcoin was originally created to free people’s money from the control and censorship of regulators, banks and governments. Companies in the ecosystem are supposed to be infused with this ethos, but as they strive to become more mainstream some, like Bitpay apparently, adopt the more prevailing standards in the business world. Also Read: Nasdaq-Listed “Blockchain” … Read more

Role Playing Game Imperatum Adds Dynamic ‘Bitcoin Mode’ Difficulty

Fans of the Role Playing Game (RPG) Imperatum now have the chance to play an all-new level in their favorite Sci-Fi simulator. Imperatum has added a “Crypto Update” to the Volantis City level which brings different difficulty options based on the real-time price of bitcoin. Also read: Three Ukrainian Lawmakers Declare Bitcoin Holdings Worth $47 … Read more