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“#UK central bank chief slammed for telling workers not to ask for big raises” The highly paid boss of the United Kingdom’s central bank was under fire Friday after he suggested that workers shouldn’t ask for big pay raises as the country fights inflation. Bank of England chief Andrew Bailey — who earns £575,000, the…
“#Study finds COVID symptoms start two days after exposure” The world’s first “human challenge” trial in which volunteers were deliberately infected with COVID-19 has found that people typically develop symptoms very quickly — on average, within two days of being exposed to the virus, according to a new study. Researchers at Imperial College London who…
“# Cyber vigilante hunts down DeFi scammers running away with $25M rug pull ” In the world of digital finance, where the weapon of choice for a heist is a computer rather than a semi-automatic firearm, tracking down scams and frauds from across the world becomes a near-impossible feat for centralized police forces. However, in…
“# Clampdown on crypto ads: A one-off or a new phase of global regulation? ” Over the last week, regulators in three major jurisdictions across two continents introduced new rules governing cryptocurrency-related promotions and advertisements. Citing consumer risks associated with digital asset investments, authorities in the United Kingdom, Singapore and Spain tightened the requirements around…
“# Disgraced MP tells Parliament UK can be the ‘home’ of crypto ” The former Secretary of State for Health and Social Care and current U.K. Member of Parliament (MP) Matt Hancock urged the House of Commons to make England the “home” of crypto. Hancock has served as an MP for West Suffolk since 2010…
“#19 injured when London double-decker bus smashes into store” This is the heart-stopping moment a bus nearly mows down a woman on a zebra crossing — seconds before it smashes into a shop front. The red double-decker comes within inches of the pedestrian before plowing into the On Appliances store in Higham’s Park, East London,…
“# The Beatles and John Lennon music history collection to be auctioned as NFTs ” John Lennon’s eldest son Julian is selling some of the rarest pieces of music history from his private collection. John Lennon’s coat from the “Magical Mystery Tour” film, his cape from “Help!,” three guitars and Paul McCartney’s handwritten arrangement notes…
“# UK Treasury wants to remove blockchain reference from crypto definition ” The United Kingdom is actively looking to regulate the crypto market and has proposed many new policies to bring various crypto markets under the rule of law. However, among the various newly proposed suggestions, what turned many heads is the request to remove…
“# UK Economic Affairs Committee unconvinced by prospect of retail CBDC ” The House of Lords Economic Affairs Committee — an investigative governing body representing the economic interests of the United Kingdom — has released an official report assessing the pertinence of a government-issued central bank digital currency (CDBC). Titled “Central bank digital currencies: a…
“# FTC issues public warning about new crypto ATM scam ” The United States Federal Trade Commission published an alert of a new version of a scam involving cryptocurrencies. The scam has three key components, an impersonator, a QR code and a crypto ATM where the victims will be directed to send money. According to…