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” The increasingly acute need for crypto-native insurance “ The insurance industry has a long history of providing vital support for major leaps in innovation. It’s no coincidence that the modern insurance industry and the industrial revolution arose in parallel. Indeed, it has been convincingly argued that the invention of fire and property insurance —…
” Draft bill to ban China’s digital yuan from US app stores “ Lawmakers in the United States are moving to protect the country from the potential undesirable impacts of the global adoption of China’s national digital currency. Three Republican senators, Tom Cotton, Mike Braun and Marco Rubio, introduced a bill on May 25, aiming to limit…
” Billionaire Bill Miller calls Bitcoin ‘insurance’ against financial catastrophe “ Bill Miller the billionaire founder and Chief Investment Officer of investment firm Miller Value Partners, has said he considers Bitcoin (BTC) an “insurance policy against financial catastrophe.” Appearing on an episode of the “Richer, Wiser, Happier” podcast on May 24 Miller backed the cryptocurrency…
” Cathie Wood’s Ark and 21Shares refile for spot Bitcoin ETF “ ARK Investment Management, an investment firm founded by veteran investor Cathie Wood, is taking another try to launch a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States. ARK Invest submitted on May 13 yet another application for its physical Bitcoin ETF,…
” Cryptosat’s first nanosatellite blasts off Wednesday on SpaceX rocket “ If all goes to plan Wednesday’s SpaceX rocket launch in Florida will blast a “crypto-satellite” into low Earth orbit, paving the way for secure blockchain-related cryptography in space Cryptosat, as the name hints, is the company which created “Crypto1”, a crypto-satellite module hitching a…
” Sam Bankman-Fried could spend up to $1B in 2024 to thwart Trump comeback “ The billionaire founder and CEO of theFTX cryptocurrency exchange Sam Bankman-Fried has revealed he intends to spend anywhere between $100 million and $1 billion to help influence the 2024 United States presidential election campaigns. In a podcast interview on May…
” Law Decoded: The long waves in the aftermath of UST’s crash, May 16-23 “ It’s been two weeks since the shock of the TerraUSD (UST) depegging, but the long waves of this event are still coming in. The Congressional Research Service described the UST crash as a “run-like” scenario and claimed that the crypto…
“US President Biden pushes economic, security aims as he ends South Korea visit” President Joe Biden tended to both business and security interests Sunday as he wrapped up a three-day trip to South Korea, first showcasing Hyundai’s pledge to invest at least $10 billion in the United States and later mingling with troops at a…
” Bitcoin stands apart from other crypto, and what that means for US public policy “ United States President Joe Biden’s executive order on digital assets has kickstarted an interagency mission to support financial innovation while protecting American consumers and interests. While many industry leaders welcome the constructive tone, some critics hope for a crackdown….
“US, South Korea to consider expanded military drills vs North Korea” U.S. President Joe Biden and South Korea President Yoon Suk Yeol said after meeting Saturday that they will consider expanded military exercises to deter the nuclear threat from North Korea at a time when there’s little hope of real diplomacy on the matter. Yoon…