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” Shanghai included blockchain, NFTs and Web3 in its 5-year plan “ China’s biggest city Shanghai officially intends to boost the development of innovations such as blockchain, nonfungible tokens (NFTs), metaverse and Web3 in general during its next five-year plan. On July 13, Shanghai’s Municipal Government published the draft of its “14th Five-Year Plan for…
” Law Decoded, July 4–11: Access denied for crypto-owning policymakers “ It’s been a century or so since the property qualification came out of vogue, but it doesn’t seem a problem if you want to apply it to crypto and policymaking. An advisory notice released by the United States Office of Government Ethics last week…
” US inflation data will be ‘messy’ — 5 things to know in Bitcoin this week “ Bitcoin (BTC) starts another week in a precarious position near $20,000 ahead of fresh macro upheaval. After admittedly sealing its best week’s gains since March, the largest cryptocurrency is struggling to hold onto its recently-reclaimed levels. Major resistance…
“Amid Hunter’s ongoing scandals, Biden is going soft on China” It took a certain bloodless chutzpah for the president to place his scandal-ridden son front and center at a White House function last week. Hunter Biden, 52, popped up at Thursday’s Medal of Freedom ceremony, to glad-hand and network from his front-row perch even as…
” US dominates crypto ATMs installations and BTC hash rate worldwide “ Despite the myriads of state and federal regulatory hurdles faced by crypto businesses in the region, the United States plays a major role in preserving the Bitcoin (BTC) and crypto ecosystem. With China moving out of the picture following a permaban on crypto,…
“Ex-DHS agent claiming Elon Musk ties indicted in alleged scheme to discredit China’s critics” A retired Department of Homeland Security agent who claims to have worked as a “security specialist” for Elon Musk at SpaceX was one of five men indicted as part of an alleged scheme to discredit US-based critics of the Chinese government,…
” Crypto Biz: Crypto broker goes bankrupt, Bitcoin miner capitulates and China VC funding soars “ Those of us anxiously awaiting a summer relief rally for Bitcoin (BTC) may have to wait a little while longer. The bear market is still cleansing us of our excess — and revealing the most toxic players in our…
“China reportedly censors alleged data leak of 1 billion residents” Chinese authorities are reportedly scrambling to quiet online discussion of the alleged leak of more than 1 billion Chinese citizens’ personal data — a breach that experts say could be among the largest in history. Speculation surged over the weekend on Chinese social media platforms…
” Nifty News: NFT and Web3 gaming console to launch in 2024, Chinese firms to check ID for NFT buying, and more “ Polium, a company that markets itself as “building the products and infrastructure for Web3 gaming,” has said it’s launching a gaming console that will support multiple blockchains and nonfungible tokens (NFTs). The…
“Biden may lift Chinese tariffs in bid to tackle inflation: report” President Biden is poised to roll back tariffs on some Chinese imports in an effort to slow soaring rates of inflation not seen in the country for decades. A decision by Biden could be announced as soon as this week, according to The Wall…