Crypto companies have backed a Federal Reserve proposal to give them limited access to the central bank, while banking associations have urged caution. The Federal Reserve has heard arguments from crypto companies and banking associations on a proposal to allow so-called “skinny master accounts,” which would give fintech firms limited access to the central bank’s...Continue Reading
The Fed chair confirmation faces a key hurdle as a senator vows to block the process until a DOJ investigation into Jerome Powell is resolved. US Treasury Secretary Scott Bessent is calling on the Senate Banking Committee to proceed with confirmation hearings for Federal Reserve chair nominee Kevin Warsh, despite a standoff over an ongoing...Continue Reading
Crypto.com CEO Kris Marszalek said his goal with ai.com is to build “a decentralized network of autonomous, self-improving AI agents that perform real-world tasks for the good of humanity.” Crypto.com CEO Kris Marszalek has officially launched his new website ai.com to the public, allowing users to create personal AI agents that can perform everyday tasks...Continue Reading
Analysts have warned that Ethereum’s Fusaka upgrade has made address poisoning cheaper, as malicious actors can carry out dust attacks for very little cost. Just one victim lost $12.2 million in January by copying the wrong address from their transaction history in an “address poisoning attack,” adding to a similar $50 million attack in December,...Continue Reading
Most quantum-vulnerable Bitcoin sits in wallets holding under 100 Bitcoin, with CoinShares claiming it could take a millennium to compromise each one. Digital asset manager CoinShares has brushed aside concerns that quantum computers could soon shake up the Bitcoin market, arguing that only a fraction of coins are held in wallets worth attacking. In a...Continue Reading
Whether the Federal Reserve is engaging in quantitative easing is purely semantic, according to Alden, who says all roads lead to debasement. The US Federal Reserve is entering into a “gradual” era of money printing that will stimulate asset prices “mildly” but will not be as dramatic as the “big print” that many in the...Continue Reading
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