It seems like an obvious question but the answer is somewhat more complex than you may at first have thought. Money isn’t just the jiggle, jiggle in your piggy bank, or the folds in your pocket. There are at least 5 different types of money in an economy, often referred to as M0, M1, M2, M3, and M4. M0 — M4 refers to the type of money that is in circulation at any given time, and understanding these concepts helps to explain why the US Dollar is still in short
Liti Capital’s ‘pivot’ to focus exclusively on its equity token receives an even better-than-anticipated reception from its token holders Geneva, Switzerland; August 2022: Liti Capital SA, the Swiss-based Litigation Funding specialist pioneering a new business model through the tokenization of its equity, has today provided a performance update following its recent announcement to pivot its focus away from its wLITI (‘wrapped’ LITI) token. On 1 July 2022, Liti Capital notified its token holders that it would be pivoting its focus away from its wLITI token, and insteadplacing its efforts entirely
Press Release: Web3 telecommunications startup Wayru.io is launching its decentralized Internet hotspot network & Genesis hardware devices to usher in a new era of connectivity. 9th August 2022, Miami – The Wayru ecosystem enables anyone to buy its Hotspot Pool Tokens to support the network, or become an even more integral part of the Wayru infrastructure by owning one of the first 1,000 Genesis hardware devices. The Lack of Connectivity In 2011 the United Nations released a report declaring that internet access was a human right, citing it as a
Washington, D.C., March 16, 2022 - The Government Blockchain Association (GBA) is pleased to announce the nomination of Sean Kurzweil to its Board of Directors. He will also serve as GBA’s CFO. Mr. Kurzweil is a seasoned executive with a multi-industry experience including financial services, technology and manufacturing, supply chain and operations, and healthcare. By day, Sean helps lead population health and value-based care efforts for a national medical group providing acute care services to women and children. His expertise spans strategic financial and operational management, virtual health care and
The situation across Kazakhstan, hit by anti-government protests in the first week of the year, is normalizing, central authorities claim. The country’s massive crypto mining industry, which faced an internet blackout during civil unrest on top of power shortages, now hopes that the country will nevertheless remain an attractive location for miners. President Tokayev Has Nation Under Control After days of turmoil, the embattled administration of Kazakhstan’s President Kassym-Jomart Tokayev says it now has the country stabilized. Law enforcement agencies have retaken all administrative buildings that were attacked by protesters
The crypto community has grown significantly in the past few years and while it is slowly seeing adoption among the masses, the concept of crypto ATMs is still not well known. In fact, as per estimates, only 28,000 crypto ATM machines are in operation around the world and more than 75% of this share is in the USA and Canada. Only 2000 machines are operational in western Europe while the rest of the regions of the world have none. Velorex aims to bring ATMs and their related technology to markets
NFTcraft is a new platform for digitizing video games on the blockchain and the first play-to-earn metaverse with NFT elements.Sponsored Sponsored The future of dwarf civilization is in your hands. It depends on you whether it will be light and abundant, or gloomy and poor. Choose a dwarf, an island, and go in search of Radiant (RAD game token). Free web-version of the game on the Polygon blockchain is available now. The project team is planning a full release of the 3D version of the game on the Unity engine
The first iteration of Pangolin launched on the Avalanche blockchain in February 2021 and quickly rose to become one of the most utilized decentralized exchanges (DEX) on the market – as well as one of the most successful dApps to launch on the Avalanche Network to date. Pangolin V1 used the same automated market maker (AMM) model as popular DEFI platforms such as UniSwap, and its Avalanche-based tokens were cross-compatible with those built on Ethereum. The protocol managed to process more than $8.7 billion dollars in trade volume in less
Staples Center to be Renamed Crypto.com Arena (BBC): The tipping point has arrived. Investor takeaway: Expect everyone you know to suddenly become interested in crypto investing. We’ve gone mainstream. How India is Regulating Crypto (Economic Times): India will ban crypto for payments, ban crypto advertising, and allow crypto as investments. Investor takeaway: Overall positive news for us, as it gives a government stamp of approval on crypto investing. Thank you to India for taking the lead on thoughtful regulation. ConsenSys is Now Worth $3.2 Billion (ConsenSys): Celebrating its latest funding
Until a few weeks ago, VeChain’s price, amid anticipation for POA 2.0 Phase 1, seemed to register an independent rally. On 16 November, as VeChain’s first phase of the Proof of Authority (PoA) 2.0 SURFACE consensus algorithm went live, the market expected a similar upswing in price. However, exposed by the broader market’s weakness, VET had some other plans. Opposite expectations The latest consensus mechanism upgrade is set to improve several aspects of the network’s security and key operations. It will also make the blockchain more environment-friendly. Notably, a week
Your Crypto Rights (Binance): A manifesto for how the crypto industry needs to evolve, with a priority on your rights as an investor. Investor Takeaway: Binance, which makes up part of our Future Winners portfolio, is once again leading the charge with a future-focused take on crypto regulation. We agree with all ten points. Read them. A six-minute explainer video on DeFi, courtesy of Wall Street Journal.Investor takeaway: Remember, the platform that most DeFi is built upon is Ethereum, which is why we buy and hold ETH for the long
Even if the crypto market has seen significant changes over the years, it still faces several security, safety, and usability challenges in day-to-day operations. There have been numerous attempts to turn traditional finance into a decentralized form, but this had an insignificant effect due to the countless challenges that arose along the route. But even though there has not been a lot of adoption in this area, BitBase is here to change that by providing their token with a lot of use. BitBase Since its inception in 2017, the platform
