Tesla CEO Elon Musk Says Inflation Has Peaked — But We’ll Have a Recession for 18 månader

Tesla CEO Elon Musk believes inflation has peaked and the U.S. economy will be in a recession for about 18 månader. “We do get a fair bit of insight into where prices of things are going over time,” the billionaire explained,......

Nepal Prepares to Issue Digital Currency, Drafts Necessary Amendments

A task force in Nepal has proposed legal changes allowing the countrys central bank to issue its own digital currency. The move comes after a study indicated that such an initiative is feasible and recommended certain provisions that would authorize the......

Police in Kazakhstan Arrest Gang Forcing IT Specialists to Run Crypto Farms

Law enforcement in Kazakhstan detained members of a crime group suspected of forcing IT experts into operating underground facilities for cryptocurrency mining with threats and blackmail. The racketeers allegedly made up to half a million U.S. dollars a month from their......

Shark Tank Star Kevin O’Leary Buys the Bitcoin Dip — Says Crypto ‘Desperately Needs Policy’

Shark Tank star Kevin OLeary, aka Mr. Wonderful, says he has bought the dip during the recent cryptocurrency market sell-off. He added: “Now crypto itself desperately needs policy. It needs regulation.Kevin OLeary Buys the Dip, Comments on Bitcoin Price Kevin......

Debridge Finance Suspects North Korean Hacking Syndicate Lazarus Group Attacked the Protocol’s Team

According to the co-founder of Debridge Finance, Alex Smirnov, the infamous North Korean hacking syndicate Lazarus Group subjected Debridge to an attempted cyberattack. Smirnov has warned Web3 teams that the campaign is likely widespread. Lazarus Group Suspected of Attacking Debridge Finance......

India Freezes Crypto Exchange Wazirx’s Bank Assets — Binance Claims Acquisition of Wazirx Was ‘Never Completed’

A major Indian cryptocurrency exchange, Wazirx, has had its bank assets of more than $8 million frozen by the Directorate of Enforcement (ED). The exchange was supposedly acquired by Binance in 2019. i alla fall, Binance CEO Changpeng Zhao (CZ) now claims that......

230 Economists Warn the US Government’s Proposed Inflation Reduction Act Will Fuel Inflation

Last week, Democrats unveiled climate and health care legislation called theInflation Reduction Act,” and theres a lot of debate over the name of the proposed public policy measures. After the legislation was revealed, 230 economists sent a letter to the......

Solana’s Investigation Indicates Wallet Exploit Tied to Slope Mobile App

Following the Solana wallet attack, the Solana Status team updated the public and detailed that the wallet addresses affected by the breach were tied to Slope mobile wallet applications. The team further stressed thatthere is no evidence the Solana protocol......

Fintech Firm Galoy Raises $4 Miljon, Startup Introduces Bitcoin-Backed Synthetic Dollar Product

On Wednesday, Galoy, the firm behind El Salvadors Bitcoin Beach Wallet, announced that the company raised $4 million in funding in an investment round led by Hivemind Ventures. On the same day, the startup launched a new product called Stablesats, a......