Economy still recovering from pandemic This budget shows the way for the short-term recovery.The finance minister has announced huge capital expenditure.It will lay a robust foundation for the long term.While we are still recovering from the injuries inflicted by the pandemic, I think it was wise to be cautious and careful while drafting future policies.There…
This assumes that we will all operate as we did before electronic payments become…
This assumes that we will all operate as we did before electronic payments become common, but we probably won’t.Some of your reasoning no longer applies.”If the power goes out & you can’t use an ATM, you can still go manually visit the bank, walk up to a teller, and pull your money.” You can, but…
Why Bitcoin accounting rules make it better to invest in ‘a stack of comic books’
Bitcoin’s ( BTC-USD ) arrival into the mainstream has seen companies like Microstrategy ( MSTR ), Block ( SQ ) and Tesla ( TSLA ) add the digital coin to their balance sheets — and spawned a new class of investors drawing all or part of their salaries in cryptocurrency . But with Bitcoin slumping…
Nigeria: An Overview Of The Nigerian Central Bank Digital Currency 1 – S.P.A. Ajibade & Co.
Introduction In the recent past, the world has witnessed an influx of technological advancement particularly in the financial sector leading to the development of new forms of money including the Central Bank Digital Currency (“CBDC”). A CBDC is an electronic record or digital token of a country’s official currency.It is issued and regulated by the…
One dead after shooting at Washington supermarket; gunman on the loose
A 39-year-old man was taken into custody late Monday following a search for a gunman who allegedly opened fire inside a grocery store in southeast Washington state, killing at least one person and critically injuring an employee, authorities said.Aaron Christopher Kelly was taken into custody “without incident” Monday evening after being arrested on Interstate 90…
Sequoia leads $450 million investment in Polygon blockchain
Sequoia Capital is playing catchup with arch-rival Andreessen Horowitz in the race to invest in what could be the future of the internet — so-called Web3.The Silicon Valley venture capital firm led a $450 million investment in Polygon, a blockchain network .Blockchains are the distributed logs of transactions that underpin many of the world’s major…
Evening Update: Injunction granted against convoy honking in Ottawa – The Globe and Mail
Good evening, let’s start with today’s top stories: As protests are now entering their second week, the most recent development out of Ottawa today is that Ontario Superior Court Justice Hugh McLean has granted a 10-day injunction to prevent truckers parked on city streets in downtown Ottawa from honking their horns incessantly.Paul Champ, a lawyer…
‘You will not believe what I’ve just found.’ Inside the ivermectin saga: a hacked password, mysterious websites and faulty data – MarketWatch
Last May, a graduate student named Jack Lawrence sat down in his apartment and began combing through a medical study about ivermectin for his coursework at the University of London. The study , conducted by researchers at Benha University in Egypt and published in November 2020, had produced stunning results.It found that ivermectin, an antiparasitic…
Ted Cruz, Bitcoin Booster, Bought a Bunch of Bitcoin
Increasingly vocal Bitcoin supporter Senator Ted Cruz (R-TX) bought the dip, purchasing between $15,001 and $50,000 worth of Bitcoin shortly after it hit its lowest point during a recent sell-off. According to a February 4 financial disclosure , Cruz purchased between $15,001 and $50,000 worth of Bitcoin through the brokerage River Financial on January 25―the…
All eyes on Asia — Crypto’s new chapter post-China
A fundamental trait of crypto is as an asset class that transcends jurisdictions.Yet, one of the key hubs driving adoption and innovation is Asia.Since the heady days of Korea’s Kimchi premium and Bitcoin (BTC) arbitrage opportunities, the region is playing a role in defining crypto’s development pathways and anchoring its future. According to Chainanalysis’ report,…