U.S. Federal Reserve Set To Bring Down Inflation
This month, most people think that the U.S. Federal Reserve will raise its key interest rate by another 75 basis points. U.S. Jerome Powell, the head of the Federal Reserve, sent a strong and clear message that the central bank’s job is to quickly bring inflation down. During a question-and-answer session at the Cato Institute […]
UK To Retain Crypto Hub Despite New Prime Minister
Two days after Liz Truss was officially named the country’s prime minister, Economic Secretary Richard Fuller took part in a debate in parliament about the UK remaining a major Crypto Hub. The U.K. Economic Secretary to the Treasury Richard Fuller said in the first Westminster crypto debate on Wednesday that the UK wants to “become […]
Terra Luna Classic Surges as Traders Speculate
In an effort to bring back the failed Terra Luna, the approved proposal will destroy 1.2% of every transaction to reduce supply. Luna classic (LUNC), the renamed native token of the Terra blockchain that crashed in a big way in May, is going up in price as traders bet that a rule that will be […]
MetaWeb Raises Funds for Early Stage Crypto Startups
After a few months of being quiet, the MetaWeb company funding team has put money into more than 30 startups. MetaWeb Ventures is a venture capital firm that invests in crypto startups. It has raised $30 million for its first fund, which is backed by Sequoia Capital, Dragonfly Capital, the Near Foundation, and others. In […]
News Analysis: Bitcoin Self Storage Dilemma
At the BalticHoneybadger conference in Riga, wallet makers talked about how to make Bitcoin Self Storage private keys in the safest way. Bitcoin Self Storage is hard to get right: There are pros and cons to every kind of offline, or “cold,” storage we have today. Bitcoin software developers and wallet makers are still arguing […]