Author: cryptotechbro
Kamala Harris could support crypto to a greater extent than Joe Biden but may also pursue investor protections. Democratic U.S. presidential candidate Kamala Harris will support growth of the crypto sector in her policies, Bloomberg reported on Aug. 21. Senior campaign advisor for policy Brian Nelson commented on the matter. During a Bloomberg News roundtable at the Democratic National Convention, he said: “[Harris is] going to support policies that ensure that emerging technologies and that sort of industry can continue to grow.” Harris is still expected to impose broader safeguards on the crypto sector. Nelson stressed the Harris campaign’s…
The number of new crypto ATMs in Australia has surged 17 times over the past two years, but TRM Labs has warned about their use in scams, fraud, and crime.
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Akselos and Shell Information Technology have signed a strategic agreement to use digital twins to manage Shell’s oil and gas portfolio. The Swiss-based company Akselos will use structural performance management (SPM) to monitor and manage vital shell assets in real time. The digital twins will be used on projects such as the Shell Scotford Complex in Canada, a hydrocarbon processing site and oil refinery, among other uses. The partnership will position Akselos as Shell’s primary supplier of digital twin software. The structural performance management software aims to improve the lifecycle and performance of Shell assets over time, saving the oil…
Privacy is necessary for an open society in the electronic age. Privacy is not secrecy. A private matter is something one doesn’t want the whole world to know, but a secret matter is something one doesn’t want anybody to know. Privacy is the power to selectively reveal oneself to the world.Bitcoin finds itself yet again at another crossroad. On one side, the easy road, paved with Number Go Up, highly regulated ETF products, and surveillance state-endorsed stablecoins as the scaling solution for the next billion users. The other path is objectively more difficult to traverse, a darker way forward, despite…
Controversial SEC chair Gary Gensler could be nominated Secretary of the U.S. Treasury assuming a Democratic victory. U.S. Securities and Exchange Commission (SEC) chair Gary Gensler could be nominated to the position of Treasury Secretary if Kamala Harris wins the U.S. presidential elections, the Washington Reporter said on Aug. 19. The self-described right-of-center news outlet cited unnamed senior Senate staffers, adding that the rumors support past statements from top Republicans. The Washington Reporter added that Republican Senate staff expect senators in their own party to oppose such a nomination. Democratic representatives are expected to support Gensler’s nomination. The Reporter anticipated…
A worrisome trend has involved Australians losing as much as A$180 million ($122 million) to investment scams related to crypto over the last 12 months, says a recent warning from the Australian Federal Police (AFP). The figure represents about half of the A$382 million ($259 million) losses to all investment scams in the 2023-24 financial year, putting into light a growing threat in the digital space of investing. Contrary to general perceptions, the current targets of these scams are really young people. The AFP claims that 60% of scam victims are under 50 years of age. That dispels the myth…
Amid growing global economic uncertainties looming over financial markets, including crypto, Warren Buffett has made a significant move by selling an additional $982 million worth of Bank of America stock. Buffett’s Sale Of Bank Of America Shares According to Bloomberg, this sale marks the continuation of his conglomerate’s reduction of investments in the second-largest US bank. Berkshire Hathaway has trimmed its stake by nearly 13% through sales since mid-July, generating $5.4 billion in proceeds. These sales mark Buffett’s most substantial retreat from an investment that has historically signaled an endorsement of Bank of America’s leadership under CEO Brian Moynihan, a…
The feature is now generally available for users on free and paid plans.
This article is featured in Bitcoin Magazine’s “The Halving Issue”. Click here to get your copy.Every morning at 6am, in Punxsutawney, Pennsylvania, the cynic weatherman Phil Connors wakes up to experience the same day over and over and over again. Stuck in a time loop, Connors tries everything to get his life back to normal – he gets stabbed, shot, burned, frozen and electrocuted, only to wake up again the next day as if nothing had happened. Connors quickly comes to the only plausible conclusion: he must be a god.Thinking ourselves to be undefeatable has never been a particularly smart…