In terms of the growth of various adoption metrics, such as active addresses and daily value transferred, the Ethereum (ETH) network has been killing it over the past year or so. Various applications in the area of decentralized finance (DeFi) have been the main drivers behind this growth, as those new to the crypto asset…
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A satire of the Dutch tulip ‘mania,’ which didn’t get that label until many years later. Gayle Rogers, Professor and Chair of English, University of Pittsburgh. _____ In the late 1990s, America experienced a dot-com mania. In the 2000s, the housing market went wild. Today, there are manias in everything from bitcoin and Read more…
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Tomorrow Comes soon by daveed. The artwork updates four times a day to reflect sunrise, day, sunset, night cycles. James Bowden, Lecturer in Financial Technology, University of Strathclyde, and Edward Thomas Jones, Lecturer in Economics, Bangor University. _____ Sotheby’s has become the latest establishment name in art to dive into NFTs (non-fungible tokens) through its…
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Yesterday, one of the top subjects of conversation on Bitcoin Twitter was initiated when investor Alistair Milne claimed there is a rumor that Facebook will announce they hold bitcoin (BTC) on their books on Wednesday. There is a long history of false rumors and reports when it comes to huge announcements that could affect the…
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Decentralized finance (DeFi) applications, specifically on Ethereum (ETH), have exploded in popularity over the past couple of years. While bitcoin appears to be here to stay as a global, apolitical store of value, the basic idea behind DeFi is to go beyond the creation of a new, base monetary asset and bring a greater degree…
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Matthew Shillito, Lecturer in Law, University of Liverpool. _____ NatWest, the UK retail bank, has announced it will not engage with business customers who accept payment in bitcoin or other cryptocurrencies. It follows recent announcements from HSBC that it won’t allow transfers from digital wallets and won’t enable customers to buy shares in companies associated…
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Tobias Adrian is the Financial Counsellor and Director of the International Monetary Fund (IMF)’s Monetary and Capital Markets Department, Fabio M. Natalucci is a Deputy Director of the department, while Rohit Goel and Sheheryar Malik are experts in the same department. _____ The rise in long-term US interest rates has become a focus of global…
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Ghana is in the throes of a mobile money boom. Wikimedia Commons, CC BY-SA PK Senyo, Senior Lecturer in Information Systems, University of Southampton. _____ Mobile money — a technology that enables financial transactions through mobile phones without a bank account — is driving financial inclusion, especially in developing countries. It gives more Read more…
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Pavel Matveev is the Co-founder and CEO of Wirex, a blockchain-based payments platform. _______ In the past few years, interest in crypto has increased dramatically as businesses and individuals begin to recognize the benefits that blockchain technology can offer. Meanwhile, with bitcoin (BTC) recently reaching a new all-time high, many new consumers are keen to…
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Petr Davydtchenko. _______ Lowell Gasoi, Instructor in communication studies, arts advocacy, Carleton University. _______ Russian artist Petr Davydtchenko made what what he claims was the first performance art NFT in February. According to an article in The Art Newspaper, in a digital recording, Davydtchenko “eats a live bat in front of the European Parliament in…
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