India’s HDFC Bank Launches New UPI and CBDC Features
HDFC Bank, a leading private sector bank in India, has introduced new features for Unified Payments Interface (UPI) and central bank digital currency...
Latam Insights: Bukele Used Bitcoin as a Rebranding Tool; Bitcoin Mining Companies Stop Operating in Paraguay After Power Fee Hikes
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue: Salvadoran...
Why Socialism Fails: A Misesian Perspective
Socialism, despite its promises of equality and social welfare, inherently fails due to its inability to perform economic calculation and its reliance on...
Plastic Surgery Fails to Help Crypto Scammer Evade Arrest After 10 Months
South Korean police arrested a man in his 40s for orchestrating a cryptocurrency scam that defrauded 158 investors of 16 billion won ($12...
Government Overspending Puts US in the ‘Fast Lane to Bankruptcy,’ According to Elon Musk
In recent times, Elon Musk, the owner of X and the CEO and product architect at Tesla, Inc., has been voicing his concerns...
Russian Economy Sees Growth Despite Western Sanctions and Declining Imports
The Russian economy has experienced substantial growth across various sectors, with unemployment rates remaining historically low, despite ongoing Western sanctions related to the...
Coinbase Reports Its First AI-to-AI Crypto Transaction
Coinbase CEO Brian Armstrong announced the platform’s first AI-to-AI cryptocurrency transaction, highlighting a new application of digital currency by artificial intelligence agents. Armstrong...
Court Approves BTC Loan for Bankrupt Bitcoin Mining Firm
Rhodium Encore LLC, a bankrupt bitcoin mining company, has received court approval for a unique debtor-in-possession financing plan that allows borrowing in either...
Frax Finance Launches Frax Name Service for Decentralized Identity Management
Frax Finance has launched the Frax Name Service (FNS), a decentralized identity service that allows users to register unique names on the Frax...
Brazilian Supreme Court Bans X, Imposes Fines for VPN Circumvention
The Brazilian Supreme Court ordered a nationwide ban on X after a prior order mandating the social platform to assign a local representative...