Axie Infinity hacked for $625 million but nobody notices

A quick Google search tells me that the biggest bank heist in history took place in Baghdad, Iraq, where $282 million was stolen. It is suspected that it was an inside job, orchestrated by several bank guards. The average bank robbery in America, meanwhile, is apparently $6,500. It’s easy to lose perspective when reading about […]

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Ted Cruz introduces companion to Emmer’s bill to exclude Fed retail CBDC digital currency issue

Texas Sen. Ted Cruz introduced companion legislation into the U.S. Senate on Wednesday for Minnesota Rep. Tom Emmer’s bill prohibiting the Federal Reserve from issuing central bank digital currency, or CBDC, directly to individuals, Emmer announced. Emmer introduced the House bill Jan. 18. Fellow Republican Cruz’ legislation could potentially speed up passage or rejection of […]

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ECB official suggests importance of physical stores accepting digital euro

Fabio Panetta, executive board member of the European Central Bank, said focus groups exploring the potential rollout of a digital euro hinted the ability to use the digital currency at online and physical stores could be a key feature. In a written statement released Wednesday, Panetta broke down the findings of ECB focus groups on […]

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Why the rise of a Bitcoin standard could deter war-making

Alex Gladstein, the CSO at the Human Rights Foundation, says that if Bitcoin was adopted as a global reserve currency, nation-states would be less incentivized to start wars. According to Gladstein,  the U.S. was able to sustain its “forever wars” in Iraq and Afghanistan mainly by borrowing capital. That was possible largely because of the […]

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44% of Germans are open to investing in crypto: report

KuCoin’s Into the Cryptoverse 2022 report shows that nearly half of the German population sees crypto as part of “the future of finance.” 35% of investors do it for passive income. More women are showing curiosity in 2022, with 53% of those showing interest. A recent report by global crypto exchange KuCoin suggests that 44% […]

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MENA Climate Week notes blockchain’s potential for climate action

Panelists at the recent MENA Climate Week 2022 examined how blockchain technology can contribute to green initiatives. Hosted by Dubai’s Ministry of Climate Change and Environment, Dubai Electricity and Water Authority, and the World Green Economy Organization along with various institutions under the United Nations Environment Programme and in partnership with renewable energy groups, the […]

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