The Politics of Destruction

For some time now, I have been aware of a widespread fascination among many libertarians with Jim Bell’s “Assassination Politics ” (AP). At my request, Robert Vroman has defended the merits of AP . In this article, I will argue that AP is just about the single worst idea that libertarians could advocate. Despite my… Continue reading The Politics of Destruction

ECB Nominee Blames Resistance to Negative Rates on Financial Illiteracy

[youtube https://www.youtube.com/watch?v=mFI58RRCDbs&w=560&h=349] European Central Bank (ECB) executive board nominee and member of the German Council of Economic Experts, Isabel Schnabel, recently remarked at a European Parliament hearing that “This scapegoating [of the ECB] is extremely dangerous: it may damage the trust in the euro.” Schnabel was speaking out in defense of negative deposit rates being… Continue reading ECB Nominee Blames Resistance to Negative Rates on Financial Illiteracy

Craig Wright asks for a 90-year extension to respond to latest court motion

Craig Wright and his legal team accidentally asked the court to extend the deadline for his response to Kleiman’s latest motion by 90 years. If the judge had approved Wright’s request, his response to the fee motion would be due on Dec. 18, 2109. More extensions in the crypto trial of the century The self-proclaimed… Continue reading Craig Wright asks for a 90-year extension to respond to latest court motion

XRP forcing some investors out after massive sell-offs and a YTD return of -40%

During the first half of the year, the top 5 cryptocurrencies by market cap recorded significant gains. Bitcoin went up over 300 percent, Ethereum surged 250 percent, Litecoin rose a whopping 400 percent, and EOS moved up just under 300 percent. Meanwhile, XRP only saw its price increase by 78 percent, and today, it has… Continue reading XRP forcing some investors out after massive sell-offs and a YTD return of -40%

Litecoin not in danger of a 51% attack despite bottomed hashrate

After more than 66 percent of its value got slashed since its August halving, Litecoin saw its hashrate drop from its peak of over 500 TH/s to just 150 TH/s. However, the network’s drastically reduced computing power doesn’t make it vulnerable to a 51 percent attack, data has shown, as its low price wouldn’t justify… Continue reading Litecoin not in danger of a 51% attack despite bottomed hashrate

Record: $9 Billion of On-Chain Bitcoin Transactions in An Hour

Don’t let the relatively calm cryptocurrency markets fool anybody – the cryptocurrency sector is heating up. Specificially, on December 4th a massive amount of Bitcoin were moved on the blockchain during a single hour. Moreover, this massive transaction amount came with a notably tiny fee – yet again demonstrating the cost-effectiveness of large cryptocurrency transactions. … Continue reading Record: $9 Billion of On-Chain Bitcoin Transactions in An Hour

Crypto-Focused Lender Blockfi Launches Trading Platform

Crypto financial services company Blockfi has launched a trading platform supporting three cryptocurrencies. The new offering adds to the company’s existing services: interest-bearing accounts and crypto-backed loans. Blockfi has completed registration with the U.S. Financial Crimes Enforcement Network and expanded its state licenses to cover both lending and money transmission. Also read: Bitcoin ATMs Installed… Continue reading Crypto-Focused Lender Blockfi Launches Trading Platform

New platform shows rankings for most influential Twitter accounts by cryptocurrency

Crypto research platform LunarCRUSH has launched a tool ranking the most influential Twitter accounts by their impact on specific cryptocurrencies. The California-based company markets itself as taking a “community-driven” approach to cryptoanalysis and claims to crunch data from more than 100,000 social media posts each day using machine-learning. The influencer function is the platform’s latest… Continue reading New platform shows rankings for most influential Twitter accounts by cryptocurrency

RBI Governor Discusses Crypto and Central Bank Digital Currency

The governor of the Reserve Bank of India (RBI), Shaktikanta Das, spoke about cryptocurrency during a press conference on Thursday. He also talked about the prospect of an RBI-issued digital currency, when the time will be right for issuing one, and his view on private digital currencies. Also read: Indian Supreme Court Wraps up Crypto… Continue reading RBI Governor Discusses Crypto and Central Bank Digital Currency

Crypto Startups to Get up to $75,000 From the Government of Ukraine

Ukrainian crypto companies can now receive up to $75,000 each in the form of government sponsored grants. A special fund set up by the authorities in Kiev is already accepting applications from startups in various high tech sectors including the blockchain industry. Over $1.5 million will be distributed by the end of the year. Also… Continue reading Crypto Startups to Get up to $75,000 From the Government of Ukraine