Gonzalez exit demoralizes GOP moderates

Few presidents have taken more public pleasure in seeing one of their party’s own leave office than Donald Trump in his reaction to Rep. Anthony Gonzalez’s announcement that he would not seek reelection. “1 down, 9 to go!” the former president gloated, in the second of two statements he released Friday celebrating Gonzalez’s exit. The Ohio Republican’s departure was, of course, a victory for Trump, and the first victim in his post-election crusade against the 10 Republican House members who voted to impeach him. Shannon Burns, the president of Ohio’s…

Read More

Fintech Firm Revolut Pays for Dallas-Based Wework Workspace With Bitcoin

The cryptocurrency-infused financial tech company Revolut has announced it has purchased a Wework office with bitcoin. Revolut detailed that the office space in Dallas, Texas will house 300 employees to prepare for the company’s U.S. expansion. Revolut Pays Bitcoin for Wework Property in Texas On September 16, 2021, Revolut, the fintech firm that offers users cryptocurrency services and aims to provide the world with a “global financial superapp” announced a deal with Wework. According to the announcement, Revolut will be leveraging the Wework workspace at 6900 Dallas Parkway in Dallas,…

Read More

The Big Three Credit Agencies Critique El Salvador’s Bitcoin Adoption — S&P Global Warns of ‘Immediate Negative Implications’

All of the ‘Big Three’ credit agencies have said that El Salvador’s adoption of bitcoin could affect the country’s credit rating in a negative manner. After both Moody’s and Fitch Ratings published reports on the matter in El Salvador, S&P Global said that the bitcoin adoption has had “immediate negative implications for its credit rating.” S&P Global Joins Fitch Ratings, Moody’s Casting Criticism Down on Salvadoran Bitcoin Adoption On August 17, 2021, Bitcoin.com News reported on Fitch Ratings detailing that El Salvador adopting bitcoin (BTC) as a legal currency may…

Read More

FDA panel votes against broad rollout of Pfizer booster shot, endorses narrower use

A Food and Drug Administration advisory panel voted unanimously on Friday in favor of a booster dose of the Pfizer-BioNTech Covid-19 vaccine for people 65 and older and for individuals at high risk for severe disease, with the shot given at least six months after their initial vaccination. The vote came after the independent committee unexpectedly voted 16-2 against advising the agency to approve boosters for anyone 16 and older after hours of debate. Members’ concerns centered on the amount and quality of data available to weigh the booster’s long-term…

Read More

CDC study finds Moderna vaccine is best at preventing Covid-19 hospitalization

Moderna’s Covid-19 vaccine is the most effective at protecting against Covid-19 hospitalizations, according to a study published Friday by the Centers for Disease Control and Prevention. An analysis of more than 3,600 adults hospitalized at 21 U.S. facilities from March to August found that vaccine efficacy against hospitalization was 93 percent for the Moderna vaccine compared to 88 percent for the Pfizer-BioNTech shot. The effectiveness of the Pfizer-BioNTech vaccine declined significantly after 120 days, the CDC’s report said, although it still provided strong protection against severe disease. The Moderna vaccine…

Read More

Why Republicans Are Scared of Texas’ New Abortion Ban

When the Supreme Court allowed Texas’ 6-week abortion law to stand earlier this month, it was presented as a major victory for anti-abortion conservatives. After all, Republican state legislators in deep red states have long been passing increasingly restrictive abortion laws, only to see many later get struck down in the courts. Finally, one law got through (at least for now). But if it’s the victory conservatives were hoping for, why aren’t high-profile Republicans celebrating it? Senate Republican leader Mitch Mconnell — never one to shy away from a political…

Read More

Liberals get ready to grab wheel of Dem agenda

Progressives have waited months for their turn to exert control over the Democratic agenda. Now it’s here, and liberal leaders are weighing just how far to go. Speaker Nancy Pelosi’s left flank is quietly mulling whether to mobilize its roughly 100-member bloc to tank the centrist-crafted Senate infrastructure bill when it reaches the House floor within a week — unless they’re assured that a mammoth Democrats-only social spending bill will also make it to President Joe Biden’s desk. Progressive leaders see the coming House infrastructure vote as perhaps their most…

Read More

Trudeau loses luster as bruising campaign ends

OTTAWA — If Canadians elect a minority government next week, Liberal or Conservative, Justin Trudeau loses. The Liberal prime minister gambled on an election he did not have to call. If the Conservatives win, he’ll suffer the worst kind of bad beat. And if the Liberals scrape by, he’ll still take heat for Canadians calling his bluff. It’s a Mr. Magoo-esque situation for Trudeau whose political objective was to turn a double-digit lead in pre-election polls into a majority government. That lead crumbled early. And Trudeau is now in a…

Read More

Unido – Building the Future of Crypto Custody and Asset Management for Enterprises

As the floodgates are opening for large businesses and corporations to enter the crypto market, you see increasing demand for an established digital asset management platform. Luckily, Unido is among just a few who fits these criteria, but with all the noise in the crypto space now, it is crucial to compare similar products and projects to understand the options and differences between platforms better. Among the very few options today, this article will look at Fireblocks to analyze the different product offerings against the Unido ecosystem. Fireblocks is a…

Read More

After Fed Members Disclose Million-Dollar Stock Trades Fed’s Powell Initiates Ethics Inquiry

The Federal Reserve chairman Jerome Powell has directed his staff to start an ethics inquiry into the financial activities of Fed members, as a number of senior central bank officials are being questioned for their investments. Reports indicated last week that the president of the Dallas Federal Reserve branch, Robert Kaplan, benefitted from “multiple million-dollar-plus stock trades” in 2020. Fed Presidents Profit From Multiple Million-Dollar Stock Deals Members of the Federal Reserve seem to have a mess to deal with as politicians and the media have called out a few…

Read More

US Senator Requests Government Agencies Step Up Efforts to Prosecute Criminal Use of Cryptocurrencies

U.S. Senator Margaret Hassan has requested that government agencies take “additional targeted steps to prevent and prosecute the use of cryptocurrency for criminal purposes.” She expressed her concern over “the rise in the use of cryptocurrency for criminal purposes.” US Senator Requests Agencies Take Steps to Prevent and Prosecute Use of Crypto for Criminal Purposes U.S. Senator Maggie Hassan wrote a letter to Attorney General Merrick Garland expressing her concern about the criminal use of cryptocurrencies Thursday. Garland is the 86th U.S. attorney general, the nation’s chief law enforcement officer…

Read More

Tough Biden calls on Trump executive privilege headed for Jan. 6 probe

Joe Biden’s White House is about to face the tricky choice of how much material from the Donald Trump White House — if any — it gives to the Jan. 6 select committee. The National Archives and Records Administration has sent hundreds of pages of documents requested by the Jan. 6 select committee to the former president’s legal team to review, according to a person familiar with the situation. That move kicks off a process that will result in some tough decisions for Biden’s White House counsel, both politically and…

Read More

Over 2,300 Cardano Smart Contracts Are Waiting in Timelock, ADA Price Slides 20% Over 2 Weeks

Following the successful Alonzo hard fork, the Cardano network now has a large swathe of new smart contracts. However, developers must wait to use them as they are locked in a timelock contract. At the time of writing, metrics show an aggregate total of 2,352 smart contracts since the Alonzo upgrade was implemented. Cardano Has More Than 2,300 Smart Contracts Waiting to Be Deployed The Cardano (ADA) network upgraded last week and since then the most topical conversation among ADA proponents is smart contracts. The use of smart contracts on…

Read More

Salvadoran Court of Accounts to Investigate Government’s Bitcoin ATM Buys, Chivo Kiosk Construction

According to reports stemming from the Salvadoran Court of Accounts, the regulatory body is planning to investigate the government’s bitcoin automated teller machine (ATM) purchases and Chivo kiosk construction. The investigation follows the recent protest in El Salvador against the adoption of bitcoin as the crowd set fire to a bitcoin ATM. Human Rights Group Cristosal Files Complaint Against Nayib Bukele’s Regime On September 15, a large group of protestors took to the streets in San Salvador to protest the new bitcoin law implemented by Salvadoran president Nayib Bukele. It’s…

Read More

Maxim Magazine Launches Its NFT Marketplace Together With xSigma, a Subsidiary of Nasdaq: ZKIN

xSigma, a blockchain R&D lab and subsidiary of ZK International (Nasdaq: ZKIN), is excited to announce the launch of their all-new, official non-fungible token (NFT) marketplace, MaximNFT.com. The platform is launched in partnership with Maxim, a legendary men’s magazine available in 75 countries. The burgeoning marketplace will grant exclusive access to Maxim’s own NFT collections. Maxim’s Brand Meets xSigma’s Top Talent The partnership behind the project combines Maxim’s prestigious brand name with xSigma’s world-class software development capabilities. Maxim is a 25-year old men’s lifestyle magazine, covering the world’s finest cars,…

Read More

Survey: 1 in 10 Irish Investors, Quarter of Young People Hold Cryptocurrencies

Investors in Ireland are attracted to digital opportunities offering better returns and often find them online, a new survey has indicated. According to the poll, 11% of investors have already bought a digital asset and a quarter of the young Irish are betting on cryptocurrencies. Low Interest Rates, Search for Long-Term Returns Push More Irish Investors Toward Alternatives Investors in the Republic of Ireland are exploring opportunities in the digital space and over half of the participants in a new survey, 56%, say they make investments online. A staggering 80%…

Read More

Trump endorsements stoke dissension in GOP ranks

Staten Island borough president. Michigan state Senate. Arizona secretary of state. Donald Trump is endorsing candidates in party primary elections all the way down the ballot, a level of involvement that’s virtually unheard of among recent former presidents. What’s remarkable about Trump’s picks isn’t just their breadth — he’s endorsed close to 40 candidates so far in 23 states — it’s their seemingly random quality. What’s even more unusual is that the political goals of the GOP’s de facto leader aren’t necessarily in sync with his own party — in…

Read More

Jan. 6 probe request sends hundreds of pages to Trump team for review

Joe Biden’s White House is about to face the tricky choice of how much material from the Donald Trump White House — if any — it gives to the Jan. 6 select committee. The National Archives and Records Administration has sent hundreds of pages of documents requested by the Jan. 6 select committee to the former president’s legal team to review, according to a person familiar with the situation. That move kicks off a process that will result in some tough decisions for Biden’s White House counsel, both politically and…

Read More

Democrats struggle to unearth Afghanistan failures without hitting the White House

Congressional Democrats are promising rigorous investigations of the Biden administration’s chaotic exit from Afghanistan. It might come back to bite them. President Joe Biden’s Hill allies are already plotting a potentially risky gamble in fulfilling Congress’ traditional oversight role, with at least six Democrat-led congressional committees promising to investigate various aspects of the Afghanistan withdrawal. They’re charging ahead regardless of the possible political consequences for a president who is already facing significant hurdles for his domestic agenda as well as sagging poll numbers — a dynamic that has some top…

Read More

Voting begins in crucial Virginia governor race

ALEXANDRIA, Va. — Voting officially kicks off Friday in the most competitive statewide election since Joe Biden became president. This November’s race for Virginia governor isn’t only one of the earliest barometers of the political environment heading into the 2022 midterms. It will also be one of the first signs for how permanent Americans’ shift away from Election Day voting is, a trend accelerated by the coronavirus pandemic. Friday marks the kickoff of in-person early voting in Virginia, 45 days before the Nov. 2 faceoff between former Democratic Gov. Terry…

Read More

Nigerian Currency Plunges to New Low of 570 — 10% of Value Lost in Under 30 Days

The Nigerian currency, the naira, plunged to a new all-time low of N570 for every dollar on September 16, 2021. This new exchange rate means since August 17, the naira has now lost about a tenth of its value on the foreign currency black market. Naira Overvalued In spite of this plunge, which has been attributed to the biting shortage of foreign exchange, authorities insist the naira’s real exchange is unchanged at N411 for every dollar. This means forex buyers that source this commodity on the parallel market are now…

Read More

Avalanche Pulls Down $230 Million Investment Led by Polychain and Three Arrows Capital

Avalanche, a smart contract-enabled cryptocurrency, has received a $230 million investment from a group of VC companies. The funding round, which is being described as a private sale, was led by Polychain and Three Arrows Capital, with the participation of other companies. This investment will give these companies participation in on-chain Avalanche governance and exposure to the price via token ownership. Polychain and Three Arrows Capital Put Funds in Avalanche Avalanche, one of the youngest smart contracts-enabled cryptocurrencies, has raised $230 million in a funding round led by Polychain and…

Read More

Vitalik Buterin Among Time’s 100 Most Influential People of 2021

Vitalik Buterin, a co-founder of Ethereum, the second-largest cryptocurrency by market cap, has made Time magazine’s list of the 100 most influential people of 2021. The programmer was listed as an innovator, and Time valued his ability to empower other creators with his continued support for Ethereum and all the things that its prime feature, smart contracts, can help them accomplish. Vitalik Buterin in Time’s Top 100 Influencers The most famous Ethereum co-founder, Vitalik Buterin, has been included in Time’s top 100 influential people of 2021 list. The magazine lists…

Read More

How to Recover a Lost Blockchain Wallet Password – KeychainX Expert Explains

There is no greater fear for cryptocurrency investors than one day forgetting the password to their blockchain wallets, seeing how their own money is right in their hands but still locked away forever from them. If this has happened to you, however, don’t lose hope. There are ways to recover a lost blockchain wallet password, as explained by a leading expert at wallet recovery with years of experience from KeychainX. Step by Step Guide for Recovering a Lost Blockchain Wallet Password Blockchain has over 76 million wallets created since its…

Read More

Model Suggests BTC Price Floor Is $39K, Survey Shows Hope for Year-End $100K Bitcoin Price

Bitcoin prices have been better after the second week of September, hovering around $46.5K to $48.5K per unit during the last two days. Meanwhile, bitcoin proponents still believe a significant second-leg up will be happening this year and a recent survey published by Plan B with 123,410 votes shows people believe bitcoin will reach $100K by Christmas 2021. Furthermore, a price model crafted by Will Clemente called “Illiquid Supply Floor” indicates that bitcoin prices may never drop below $39K again. Plan B’s Bitcoin Price Survey Sees 100K Votes Plan B…

Read More

DeSantis opens new war with Biden over Covid treatments

TALLAHASSEE — First came masks. Then a feud over vaccine mandates. Now a new front has opened in the Covid battle between President Joe Biden and Florida Gov. Ron DeSantis: Covid-19 antibody treatments. On Thursday, DeSantis ripped into Biden’s plan to distribute doses of monoclonal antibody treatments to states across the nation. Florida and six other Southern states have relied on the therapies to treat patients infected with the virus but also took up 70 percent of the orders in early September. That lopsidedness prompted the Biden administration to start…

Read More

Biden blocked from expelling migrant families using Title 42

A federal judge on Thursday blocked the Biden administration from continuing to use a Trump-era public health order to expel migrant families arriving at the U.S. southern border. In a 58-page ruling, U.S. District Court Judge Emmet Sullivan found that the Title 42 policy does not authorize the expulsion of migrants — and, in turn, does not allow for those removed to be denied the opportunity to seek asylum in the U.S. The judge’s order will go into effect in 14 days. The ruling is a major victory for the…

Read More

ECB President Christine Lagarde Insists Cryptos Are Not Currencies, Calls Them Highly Speculative, Suspicious

The president of the European Central Bank (ECB), Christine Lagarde, says cryptos are not currencies, adding that they are “highly speculative, suspicious occasionally, and high intensity in terms of energy consumption.” She also discussed the need for stablecoin regulation and central bank digital currencies (CBDCs). Lagarde: ‘Cryptos Are Not Currencies. Full Stop’ ECB President Christine Lagarde shared her view on cryptocurrency, stablecoins, and central bank digital currencies (CBDCs) in an interview with Carlyle Group co-founder David Rubenstein, published Thursday. Lagarde was asked whether “cryptocurrencies are a plus for the global…

Read More

US Lawmakers Propose to Subject Cryptocurrencies to Wash Sale Rule

A committee of the U.S. House of Representatives has proposed to subject cryptocurrencies to the “wash sale” rule. Since cryptocurrencies are treated as property by the Internal Revenue Service (IRS), they are currently not subject to the wash sale rule. This proposal attempts to close down a big crypto tax loophole. Crypto Included in New Proposal The Committee on Ways and Means, the chief tax-writing committee of the U.S. House of Representatives, proposed to subject cryptocurrencies to the wash sale rule Monday. If adopted, the rules will apply to crypto…

Read More