Is Capitalism Actually Efficient?

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Cryptos

Fiat is in 'jeopardy' but Bitcoin, stablecoins aren't the answer either: Ray Dalio
The hedge fund manager instead wants to see an “inflation-linked coin” be brought to the masses which would serve to ensure consumers secure their buying power.
Huawei NFTs, Toyota’s hackathon, North Korea vs. Blockchain: Asia Express
Our weekly roundup of news from East Asia curates the industry’s most important developments. Huawei moves to trademark its NFTs According to a Jan. 28 report by Sina News, Chinese telecom giant Huawei has recently filed for eight trademarks related to its Huawei “YunYunBao” nonfungible tokens (NFT) series. The trademarks include digital collectibles in the […]
Only 4 people controlled Tether Holdings as of 2018: Report
New York Attorney General and Commodity Futures Trading Commission probes into Tether in 2021 exposed its previously unknown ownership structure.
Alleged Mango Markets exploiter waives bail during hearing in federal court
A federal judge presiding over Avraham Eisenberg's criminal case has reportedly set a followup court date for Feb. 14.
Crypto-related enforcement actions by US states rose sharply in 2022: Report
There were almost twice as many state actions as federal in 2022, although both the feds and the states broke previous record by significant margins.
Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs
The Fed’s interest hike matched the market consensus and weak employment data boosted investors’ appetite for risk assets, but BTC traders should still exercise caution.
Euro stablecoin launched in Finland, claims to be first approved in the EU
USDC issuer Circle Inc. previously released a euro-backed stablecoin that is regulated in the United States.
Alameda Research wallet receives $13M from Bitfinex, other sources
The assets transferred to Alameda’s consolidation wallet are reportedly part of bankruptcy recovery efforts.
Porsche NFT trading volume nears $5M: Nifty Newsletter, Jan 25–31
Professionals working in the Web3 space shared various ways and tools that can help users prevent NFT theft.
Japanese Prime Minister says DAOs and NFTs help support government’s 'Cool Japan' strategy
Fumio Kishida said there were “various possibilities for using Web3” in Japan and has previously supported blockchain-based initiatives for authorities using digital solutions.

Is Capitalism Actually Efficient?

BySecond Thought

By Second Thought

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