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. Commission de Sécurité et d'Echanges (SECONDE) 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," a-t-il souligné. 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 ‘Is the New Crypto,’ Meta Says Malware Actors Exploit AI Craze

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A growing number of malware creators are now taking advantage of the significant interest in Chatgpt to lure victims, Facebook owner Meta has noticed. According to its head of information security, the AI-based chatbot is “the new crypto” for bad actors…

L'ancien directeur de Coinbase, Balaji Srinivasan, ferme ses portes $1 Pari d'un million de Bitcoins

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Ancien directeur de la technologie chez Coinbase, Balaji Srinivasan, a conclu plus tôt un pari que le prix du Bitcoin atteindrait $1 millions d’ici la mi-juin dans un contexte d’hyperinflation aux États-Unis. dollar. Srinivasan a payé un total de $1.5 million, plus que initialement…

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,” il a souligné, soulignant: “You have the worst of both worlds.” NOUS….

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

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NOUS. 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 Driving Bitcoin Adoption With Porsche Flying El Salvador Flag

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Scottish-Salvadoran driver Sebastian Melrose has made his debut in the Porsche Carrera Cup racing championship. The 25-year-old, who took part in a popular Netflix TV series last year, drives a Bitcoin-branded 911 that features the flag of crypto-friendly El Salvador on…

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…