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“#How Trump changed Democrats and other commentary” Polling whiz: How Don Changed Democrats Democrats spent the last four years agonizing over how they lost to Donald Trump and how to rejigger their appeal to win again, notes FiveThirtyEight’s Perry Bacon, Jr. “We now have a pretty detailed picture of where the Democratic Party landed”: Post-Trump,…
“# Is Bitcoin a waste of energy? Pros and cons about Bitcoin mining ” Bitcoin arouses passion, curiosity and has received more and more media attention, especially after having climbed the ranks of the best financial asset of the decade. However, whenever its price goes up, many doubts and questions arise, mainly around its origin…
“#One of 22 workers trapped in China gold mine rescued” Rescuers in China on Sunday lifted to the surface one of 22 workers trapped for two weeks after an explosion in a northern gold mine, state media reported. Reports said the worker was in weak condition but no other details were given. State broadcaster CCTV…
“#Twitter’s policing problem” After permanently banning then-President Donald Trump from its platform, Twitter took only seconds to delete a defiant tweet from his official government account. Yet it’s not nearly so fleet-footed about child pornography and death threats. So can anyone buy its claims to police without bias? According to a federal lawsuit filed this…
“# Law Decoded: Bank payments going global with stablecoins and CBDCs, Jan. 15–22 ” Editor’s note It may be too late for resolutions and too early for Lent, but lacking any discrete occasion I would still like to give up U.S. political news for a while, or at least for the duration of one Law…
“# Alleged ‘ghost’ Bitcoin mining firm traded on Nasdaq faces class action lawsuit ” Bit Digital (BTBT), a Bitcoin mining company traded on the NASDAQ stock exchange, is the subject of a class-action lawsuit that alleges the company fabricated the extent of its Bitcoin (BTC) mining operations. According to the lawsuit which was filed in…
“# While China’s CBDC sets the pace, the yuan stumbles in usage abroad ” Despite rapid advancement of a digital yuan, China’s progress in internationalizing its currency has stalled out in recent months. Per data from SWIFT’s RMB Tracker released on Jan. 20, the Chinese yuan (CNY), also known as the Renminbi (RMB) had gained…
“#Twitter locks Chinese embassy’s account over Uighur post” Twitter froze the account of China’s US embassy after it posted a tweet about Uighur Muslims that violated the platform’s policy against “dehumanization.” In the Jan. 7 tweet, the embassy claimed that Uighur women in China’s Xinjiang region had been “emancipated” and were “no longer baby-making machines.”…
“#Tesla Model 3 car reportedly explodes in China” A Tesla Model 3 sedan exploded this week in a Chinese parking garage, according to local media reports. The car blew up Tuesday evening in an underground parking garage in a residential community in Shanghai, where Tesla opened a factory in late 2019, multiple Chinese media outlets…
“# Chinese cities continue to promote digital yuan through festive lotteries ” Residents of the Longhua District in the Chinese city of Shenzhen will have a chance to participate in a forthcoming lottery event that aims to encourage the adoption of the country’s new central bank digital currency — known alternatively as the DC/EP, digital…