Search Results for: economics

Lawyer Expects SEC to Lose if It Sues Coinbase Due to ‘Fatal Flaw’ of Gary Gensler’s Own Making

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A lawyer has explained why the U.S. Wertpapier- und Börsenkommission (SEK) will likely lose if the regulator takes crypto exchange Coinbase to court over alleged securities law violations. “The problem is entirely of Gary Gensler’s own making,“, betonte er. Lawyer…

Saudi Arabia Joining BRICS Would Accelerate Chinese Yuan’s Use as Trading Currency, Says Professor

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Professor Ashok Swain of Uppsala University’s Department of Peace and Conflict Research says Saudi Arabia joining the BRICS economic bloc “would accelerate the bilateral trading being conducted using the yuan as the trading currency. ” How Saudi Arabia Joining BRICS Could Boost…

Chatgpt ist die neue Kryptowährung,„Meta sagt, dass Malware-Akteure den KI-Trend ausnutzen.“

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Eine wachsende Zahl von Malware-Erstellern nutzt mittlerweile das große Interesse an Chatgpt, um Opfer anzulocken, Facebook-Inhaberin Meta hat es bemerkt. Laut seinem Leiter für Informationssicherheit, Der KI-basierte Chatbot ist „die neue Krypto“ für schlechte Akteure…

Ex-Coinbase Exec Balaji Srinivasan Closes Out $1 Million Bitcoin Bet

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Former Chief Technology Officer at Coinbase, Balaji Srinivasan, closed out early a bet that the price of bitcoin would hit $1 million by mid-June amid hyperinflation of the U.S. Dollar. Srinivasan paid a total of $1.5 Million, more than the initially…

Crypto Exchange Coinbase Faces Legal Action Over Biometric Data Collection

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The Nasdaq-listed cryptocurrency exchange Coinbase has been accused of “wrongfully” profiting from its users’ facial and fingerprint scans. “Coinbase collects, stores, possesses, otherwise obtains, uses, and disseminates its users’ biometric data to, amongst other things, further enhance Coinbase and its online…

Economist Peter Schiff Warns of Stagflation in US Economy — Says ‘It’s Going to Get Worse’

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Economist Peter Schiff has warned that the U.S. economy is facing stagflation and the situation is going to get worse. “Not only is the economy weakening, but inflation is strengthening,” betonte er, betonen: “You have the worst of both worlds.” UNS….

Treasury Secretary Yellen Warns US Could Default on Its Debt by June 1

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UNS. Treasury Secretary Janet Yellen has warned that the Treasury will not be able to pay all of the government’s debt “as early as June 1, if Congress does not raise or suspend the debt limit before that time.” Yellen also…

Syria Urges BRICS to Lead in Ditching Dollar, Talks Yuan Adoption With China

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BRICS nations can lead efforts to abandon the U.S. dollar in international settlements, according to President Bashar Assad of Syria. At a meeting with China’s top diplomat for the region, the leader of the war-torn Middle Eastern country called for using…

Netflix-Star treibt Bitcoin-Einführung mit Porsche unter der Flagge von El Salvador voran

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Der schottisch-salvadorianische Fahrer Sebastian Melrose hat sein Debüt in der Porsche Carrera Cup-Rennmeisterschaft gegeben. Der 25-Jährige, der letztes Jahr an einer beliebten Netflix-TV-Serie teilnahm, treibt eine Bitcoin-Marke an 911 auf dem die Flagge des kryptofreundlichen El Salvador zu sehen ist…

World’s Largest Regional Organization to Switch to Settlements in National Currencies

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A China-led regional organization that covers more than half of Eurasia intends to transition to settlements in the currencies of its members. While the plan is to abandon the U.S. dollar in mutual payments, participating nations are yet to consider a…