Friday, November 22, 2024
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ECB President Lagarde Warns of ‘Major Disaster’ If US Defaults on Debt Obligations – Economics Bitcoin News

There is a lot of discussion lately about the U.S. government’s debt ceiling and whether Congress will act before defaulting. In a recent interview, Christine Lagarde, the president of the European Central Bank (ECB), said she is confident the U.S. can maintain its debt obligations. However, she warned that if

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Economist Peter Schiff Warns of US Dollar Devaluation and ‘Biggest Economic Disaster’ in History – Economics Bitcoin News

Economist Peter Schiff has warned of “the biggest economic disaster” in U.S. history. He stressed that we are on the cusp of a financial crisis and “it’s going to be much bigger than the last.” In addition, he said the U.S. dollar is being debased in order to fund the

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Crypto Hedge Fund Galois Capital Shuts Down — ‘We Lost Almost Half Our Assets to FTX Disaster’ – Featured Bitcoin News

Crypto hedge fund Galois Capital is shutting down after losing about half of its assets to the FTX disaster. “Given the severity of the FTX situation, we do not think it is tenable to continue operating the fund both financially and culturally,” the fund’s co-founder told investors. Crypto Hedge Fund Shuts

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Elizabeth Warren’s New Financial Surveillance Bill Is a Disaster for Privacy and Civil Liberties

In introducing the bill, Sen. Warren used the refrain that privacy-enhancing technology facilitates crime. This is wrong, and it’s exactly the line of reasoning we hear from critics of end-to-end encryption and Tor (which enables anonymous web browsing). That a technology could be used to violate the law does not

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Disaster looms for Digital Currency Group thanks to regulators and whales

The cryptocurrency tide is flowing out, and it looks more and more like Digital Currency Group (DCG) has been skinny dipping. But let’s be clear: The current crypto contagion isn’t a failure of crypto as a technology or long-term investment. DCG’s problem is one of failure by regulators and gatekeepers.Since

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