The IPCC (Intergovernmental Panel on Climate Change), a UN task group, published a 3,949-page report Monday that dubbed current climate change trends “code red for mankind.” Here’s what you should know. It’s entirely our fault. If there was any question that volcanoes may have a role in climate change, the IPCC dispelled it. The experts stated, … Read more
The highways in the United States are going to get a lot quieter. President Biden issued a non-binding executive order Friday mandating that half of all new automobiles sold in the United States by 2030 be all-electric, plug-in hybrid, or hydrogen-powered. Simultaneously, the Environmental Protection Agency recommended stricter fuel-efficiency rules for automobiles, reversing a Trump-era … Read more
Robinhood is most known for fueling the growth of so-called meme stocks like GameStop and AMC, which soared earlier this year not because of economic fundamentals, but because people on social media thought them humorous. Investors wondered, well before it went public last week, if Robinhood would become a meme stock. So far, it looks that the … Read more
On July 18th, 2018, the US Congress held a subcommittee hearing on crypto. The focus of this hearing was “to explore key issues related to cryptocurrencies and their potential impacts on law enforcement”. This post will go over the top 5 takeaways from this meeting. 1. The Bitcoin XT Case One of the first things … Read more
The National Financial Technology Coalition reports that the new year will bring a lot of tax changes with it. In the United States, in particular, this includes big changes to tax laws for cryptocurrency-related transactions. NFTs are also expected to be expanded on a global scale after being embraced by many to avoid capital gains … Read more
Hodl, a cryptocurrency exchange platform based in Estonia, has reported a security breach on its platform. A hacker may have gained access to Hodl’s API keys and passwords and cryptocurrency funds on the platform and transferred them to their personal addresses. The company is currently investigating the issue. Hodl has disabled its website shortly after … Read more
Robert Kiyosaki, the world’s most famous investor and adviser on money matters, believes that crypto will rise in the coming months due to rising interest rates and a weakening US dollar. Kiyosaki made this prediction on Twitter, with his words being picked up by major news outlets such as CNBC. Kiyosaki has seen his predictions … Read more
A tax on digital currency transactions has been suggested in a bill being considered within the US. This piece examines the possible ramifications of such a tax. It discusses the current state of crypto taxation around the world. With more and more businesses accepting cryptos, it’s likely that a transaction-based tax will become increasingly more … Read more
Vaccinating New York New York City was the first major city in the United States to enforce vaccinations for indoor activities. All indoor facilities, including bars, gyms, Broadway performances, and Marie’s Crisis, which mixes all three, will need evidence of immunisation, according to Mayor Bill de Blasio. Children under the age of 12 who do … Read more
Bitcoin has been dubbed “rat poison” by business legend Charlie Munger. It has the potential to create “world peace,” according to Twitter and Square CEO Jack Dorsey. Gary Gensler, the chairman of the SEC, has an opinion on the matter. Let’s go with “rat peace,” which is somewhere in the centre. Wall Street’s top cop … Read more