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” What is opportunity cost? A definition and examples “ Opportunity cost, explained Opportunity cost is a concept in economics that refers to the value of the next best alternative that is forgone when making a choice — i.e., the cost of the best alternative that is not chosen. Consider the scenario when you have…
” The Agenda podcast chats crypto, media and ethics with Molly Jane Zuckerman “ 2022 was a rather challenging year for the crypto sector, and the prevalence of Ponzi schemes, decentralized finance scams, nonfungible token rug pulls and questionable centralized exchange bookkeeping put the issue of ethics in the space on blast. Of course, the…
” Hodlnaut founders propose selling the firm instead of liquidation “ The founders of the troubled cryptocurrency lender Hodlnaut are trying to save the business despite creditors insisting on its liquidation. On Feb. 28, Hodlnaut’s interim judicial managers released the sixth affidavit of Hodlnaut co-founder Simon Lee reportedly stating the company’s founders proposed selling the…
” Bitcoin ATM decline: Over 400 machines went off the grid under 60 days “ Crypto ATMs — one of the key infrastructure pillars for the mass adoption of cryptocurrencies — have seen a drastic reduction this year. In the first two months of 2023, the net cryptocurrency ATMs installed globally reduced by 412 machines….
” Jack Dorsey’s decentralized Twitter rival enters App Store “ Jack Dorsey, co-founder of the online microblogging service Twitter, is progressing with Bluesky, a decentralized Twitter alternative, as its mobile application is now being tested in private beta. Bluesky has hit the App Store as an invite-only app, allowing certain persons to try out the…
” US lagging on CBDCs could spell ‘trouble’ — Crypto Council policy head “ A cryptocurrency researcher and former CIA analyst believes the United States government’s relatively slow start on Central Bank Digital Currency (CBDC) development may result in it losing grip on controlling the global financial system. Yaya Fanusie, the policy head at the…
” Goldman Sachs still open to crypto hires amid massive 3,200 staff cut “ Goldman Sachs’ digital assets unit is reportedly open to bolstering its 70-strong team, despite a massive cost-cutting exercise at the firm last month that will see 3,200 employees clear their desks. Mathew McDermott, Global Head of Digital Assets for Goldman Sachs said…
” Crypto layoffs decelerate, with layoffs falling to 570 in February “ Crypto industry layoffs appear to have slowed down significantly over the past month with an estimated 570 crypto employees dismissed in February, down from an estimated 2,850 in January. Cointelegraph compiled the figures based on publicly reported layoffs and found job cuts were…
” France on the verge of passing stringent crypto firm licensing laws “ The French National Assembly has voted in favor of legislating stricter licensing rules for new cryptocurrency firms in order to harmonize local laws with proposed European Union (EU) standards. The vote was passed with 109 votes (60.5%) in favor to 71 (39.5%)…
McCarthy’s Tucker Carlson decision ‘despicable,’ says Schumer Senate Majority Leader Chuck Schumer (D-N.Y.) on Tuesday said that Speaker Kevin McCarthy’s (R-Calif.) decision to share security footage from the Jan. 6, 2021, attack on the Capitol exclusively with Fox News host Tucker Carlson was “despicable” and damaging to security. Asked whether he would share the…