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“# Top Chinese banks promote CBDC over local payment firms for shopping festival ” Some of China’s largest state banks are actively promoting the digital yuan as a superior means of payment to the country’s two leading payment providers, Alipay and WeChat Pay. In an April 26 report, Reuters revealed that six of China’s largest banks…
“# The convergence between Tesla, SpaceX, renewable energy and Bitcoin mining ” Tesla — a top 10 company in the Fortune 100 that is run by one of the world’s wealthiest people, Elon Musk — transferred $1.5 billion of its treasury cash into Bitcoin (BTC) in early February. Musk’s Bitcoin purchase startled traditional investors, who…
“# Decentralization is the final frontier for CBDCs ” As central bank digital currencies, or CBDCs, continue to garner mainstream traction across the global financial landscape in recent years, almost all central banks are actively researching the benefits and risks of offering a digital currency to the public. In its most basic sense, a CBDC…
“#Letters to the Editor — April 25, 2021” A better fix for DC Claims that the residents of Washington, DC, have no real representation are real and can be easily solved, but Democratic leadership will never go for it (“Biden WH wants a 51st star,” April 21). I propose the creation of a smaller capital…
“# NFT trading cards: A new way to own collectibles or an asset bubble? ” Unique items have long been attracting collectors who are willing to pay top dollar to get them. Paintings, baseball cards, stamps, vintage cards and rare coins have all been sold at huge premiums to collectors in the past. Now, these…
“# Eth2 is neutral infrastructure for our financial future ” We are in an unprecedented period of social, political and economic turmoil. As the decentralized financial infrastructure powering billions of dollars of value and building thousands of companies grows, we need to recognize instability around us. The systems, protocols and incentives we create now can…
“# Asia-Pacific’s solarized digitalization agenda in pandemic times ” The virtual 7th Asia-Pacific Climate Change Adaptation Forum was jointly hosted by the Ministry of the Environment of Japan and the Asia Pacific Adaptation Network with the theme “Enabling Resilience for All: The Critical Decade to Scale-up Action.” The forum took place in March and was…
“#Spotify CEO Daniel Ek says he wants to buy Arsenal FC” As thousands of fans gathered in North London to protest against Arsenal’s current owners, Ek tweeted that he’d be interested in owning his favorite club. Michael Regan & Drew Angerer / Getty images Spotify co-founder and CEO Daniel Ek says that he is interested…
“#Facial recognition should be banned, EU privacy watchdog says” BRUSSELS, April 23 – Facial recognition should be banned in Europe because of its “deep and non-democratic intrusion” into people’s private lives, EU privacy watchdog the European Data Protection Supervisor (EDPS) said on Friday. The comments come two days after the European Commission proposed draft rules that would allow facial recognition to be used to search for missing children or criminals and…
“# Leaked Nvidia RTX 3080 Ti GPU shown mining Ether at 118 Mh/s ” Nvidia’s RTX 30 series of graphics cards have been subject to unending speculation, rumors and even ridicule since the firm first announced it would ship its latest GPU’s with a built-in Ether (ETH) mining limiter. A series of missteps saw the…