Harvard Economics Professor: US Default Could Spark Global Financial Crisis

Harvard economics professor Kenneth Rogoff, who previously served as the chief economist at the International Monetary Fund (IMF), has warned that the U.S. defaulting on its debt obligations could spark a global financial crisis. “It’s a very perilous situation and we

Former Paxful CEO Says He Cannot ‘Vouch for Anything Happening There Now’ — Platform Tells Users It Is Back Online

The former CEO of Paxful, Ray Youssef, has told users of the peer-to-peer bitcoin marketplace that he is no longer in control and therefore cannot vouch foranything that is happening there now.Youssef also told a user who claimed to

Musk Hires New CEO for Twitter, ‘She Will Be Starting in 6 Weeks’

Billionaire investor Elon Musk will be stepping down as chief executive of Twitter and taking on other roles in the company. The owner of the microblogging platform revealed he has hired a new CEO, media executive Linda Yaccarino, who should be

Bitcoin Community Divided: Scaling Challenges Trigger Intense Debate as Mempool Overflows

今週, the Bitcoin community has been abuzz with discussions about the network’s scaling challenges. As the blockchain’s transfer fees continue to surge, the backlog of transactions stuck in the mempool has hit an unprecedented high. Crypto enthusiasts have been sharing

Alchemy Pay: Bridging the Global Economies of Fiat and Cryptocurrencies

On April 20th, The European Parliament approved the first comprehensive crypto regulation EU-wide, the Markets in Crypto-Assets (雲母). In the same day, a separate law, the Transfer of Funds regulation, was passed, requiring crypto operators to confirm the identity of their

Russia Launching Payment System With ‘No Restrictions’ — Digital Currencies to Be Completely Unrestricted

Russia is launching a new payment system that is “bound by no restrictions” where digital currencies could be used in cross-border payments, said Russian Finance Minister Anton Siluanov. “Two parties come to an agreement, make settlement payments, and no other country

Ether’s Security Status Remains Unclear as SEC Chair Gensler Fails to Answer Lawmaker’s Question

アメリカの会長. 証券取引委員会 (SEC), ゲイリー・ゲンスラー, would not answer a direct question in a congressional hearing about whether ether is a security. While the SEC chair insisted that the law is clear on crypto, Congressman

ECB President Lagarde Warns of ‘Major Disaster’ If US Defaults on Debt Obligations

There is a lot of discussion lately about the U.S. government’s debt ceiling and whether Congress will act before defaulting. 最近のインタビューで, Christine Lagarde, the president of the European Central Bank (ECB), said she is confident the U.S. can

Warren Buffett Likens Bitcoin to Gambling and Chain Letters in Recent Interview

Finance mogul Warren Buffett, one of the most successful investors in history, discussed bitcoin during an interview on CNBCs Squawk Box on April 12. As he has done in previous interviews, the business magnate likened bitcoin to a gambling scheme and

Indian Government Answers Questions About Crypto Legalization, Fraud Prevention

The Indian government has responded to parliamentary questions about the legalization of cryptocurrency and the steps it has taken to prevent crypto-related fraud. “Crypto assets are currently unregulated in India. Frauds relating to crypto are dealt with under extant laws against