The South Korean government says it is imposing sanctions on 15 North Koreans who engage in illicit cyber activities to raise funds for their totalitarian state. In a statement, South Korea’s Ministry of Foreign Affairs says the individuals – Park Heung-ryong, Yoon Jung-sik, Lee Il-jin, Kim Kyung-il, Kang Hyun-cheol, Kim Cheol-min, Lee Geum-hyung, Kim Ryu-sung, … Read more
The new IRS rules classifying DeFi protocols as brokers have triggered a swift backlash in the crypto industry, with calls for Congress to overturn the rules.
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The National Institute of Standards and Technology (NIST) seeks public input on the proposed changes until June 25, 2025.
Fractal analysis suggests a DOGE rally above $0.35 will culminate with new all-time highs abovce $2.35.
The PHNIX meme coin, launched on the XRP Ledger, has landed on its first major centralized crypto exchange. On Dec. 27, the Phoenix team announced that crypto exchange MEXC has listed PHNIX. The move sees the exchange become the first major CEX to add spot trading for the meme coin: “A historic milestone has been … Read more
Metamask, a prominent Web3 wallet, has launched its Gas Station feature, which aims to alleviate users’ challenges with transaction fees on the Ethereum mainnet. Web3 Wallet Metamask Tackles Gas Fee Challenges The new feature, integrated into Metamask’s Smart Transactions with Swaps, provides gas-included transaction quotes. This enhancement addresses a common hurdle for users who run … Read more
I have just finished reading Debt: The First 5000 Years by anthropologist David Graeber. The book takes a look at the history of money, debt, and how they relate to societal structures from a lens that departs heavily from the conventional wisdom of economic thinking. Conventional wisdom paints a picture of people inefficiently bartering goods … Read more
Japan rejects Bitcoin reserves over safety and volatility concerns. Private companies such as Metaplanet promote Bitcoin adoption despite government caution. Japan has, in effect, ruled out the use of Bitcoin for its national reserves. This, however, is despite the high interest worldwide in using it as a strategic asset. This move comes after a lawmaker, … Read more
I have just finished reading Debt: The First 5000 Years by anthropologist David Graeber. The book takes a look at the history of money, debt, and how they relate to societal structures from a lens that departs heavily from the conventional wisdom of economic thinking. Conventional wisdom paints a picture of people inefficiently bartering goods … Read more