‘We’re going to go f—ing scorched-earth’: How Brian Kemp crushed Trump in Georgia

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When Brian Kemp’s top donors huddled with the Georgia governor and his lieutenants at Atlanta’s Capital City Club earlier this year, they had reason to worry that his political career was about to come to an end. Former President Donald Trump had spent the previous year savaging the Republican governor for refusing to overturn Georgia’s 2020 election results, and he was bent on ousting the governor from office, recruiting and endorsing Kemp’s primary opponent. Few Republicans in recent years had survived Trump’s wrath. But the Kemp team reassured the nearly…

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Trump flops in Georgia: 5 takeaways from a big primary night

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Brian Kemp humiliated Donald Trump in Georgia, while Texas laid the Bush dynasty to rest. In a small but critical set of primaries, the Trump brand got its toughest test yet this year. So did the salience of the Big Lie and, on the Democratic side, abortion rights. With votes still being counted in Alabama, Arkansas, Georgia and Texas, here are five takeaways from Tuesday’s so-called SEC primary: Trump’s big flop It’s almost impossible to overstate how bad Georgia was for Donald Trump. There was Gov. Brain Kemp’s thrashing of…

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Bitcoin․com’s Director of Engineering Answers Verse Questions in AMA

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With the Verse token sale slated for June, and registration already open at getverse.com, Bitcoin.com’s Head of Financial Services Corbin Fraser hosted an ‘Ask-Me-Anything’ with special guest Director of Engineering Andrei Terentiev. Addressing questions submitted across Twitter, Discord, and Telegram, the AMA premiered today and can be viewed in its entirety here. Topics addressed in Bitcoin.com’s Verse AMA included: How Verse fits into the Bitcoin.com ecosystem and the synergy created Initial distribution and token sale details The unlocking mechanism, supply mechanics, and how tokens will be allocated to the community…

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Wework Co-Founder Adam Neumann’s Crypto Project Secures $70M, Funding Round Led by A16z

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The co-founder of the company Wework, Adam Neumann, is behind a new crypto project called Flowcarbon and on Tuesday, the blockchain project revealed it raised $70 million from a handful of investors and was led by Andreessen Horowitz (A16z). Flowcarbon’s chief executive Dana Gibber says the project’s efforts provide a “brilliant financial mechanism that creates a counterbalancing incentive to reforest, revitalize and protect nature.” Adam Neumann Backed Crypto Project Flowcarbon Raises $70 Million A project backed by Adam Neumann, the co-founder and former Wework executive raised $70 million from strategic…

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Cornucopias: A Revolutionary Cardano Blockchain Project That Is Redefining the Gaming Metaverse Industry

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PRESS RELEASE. The metaverse is a virtual world that allows millions of players to live beyond their immediate environment. With blockchain technology, users can create, own and utilize digital assets while interacting with other people in the virtual space. Cornucopias ‘The Island’ is a play-to-earn, build-to-earn, learn-to-earn, host-to-earn MMORPG game powered by the blockchain. In a world of unique domes, players can own land and other NFT-based assets which can be traded with other users on Cornucopias’ marketplace and many secondary market places. Cornucopias is a fun, safe and expanding…

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Bank of England’s Andrew Bailey Warns Bitcoin Has No Intrinsic Value, Not a Practical Means of Payment

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The governor of the Bank of England, the British central bank, says bitcoin has no intrinsic value and the cryptocurrency is not suitable as a practical means of payment. His warning came after the crypto market plunged. Andrew Bailey on Bitcoin and Cryptocurrency Bank of England Governor Andrew Bailey warned about bitcoin and cryptocurrency on the Jobs of the Future podcast, published Monday. His warning came after the crypto market plunged, shedding close to $500 billion this month. Bitcoin, the largest cryptocurrency, has fallen more than 25% over the past…

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Guggenheim’s Scott Minerd Sees a Lot More Downside to Crypto Market — Predicts Bitcoin Could Fall to $8K

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Guggenheim Chief Investment Officer Scott Minerd Says there’s a lot more downside to crypto after the market plunged. He has predicted that the price of bitcoin could fall to $8K. Guggenheim’s Scott Minerd Predicts the Future Outlook for Bitcoin, Crypto Bitcoin bear Scott Minard, global chief investment officer of Guggenheim Partners, shared his recent predictions on bitcoin and the crypto sector in an interview Monday with CNBC at the World Economic Forum in Davos, Switzerland. Commenting on the recent crypto market decline, Minerd said: “We are seeing crypto collapse the…

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Bank of Russia to Monitor Banks’ Dealings With Crypto Exchangers

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The Central Bank of Russia has started to examine the operations of Russian banks with cryptocurrency exchangers, according to local media. Transactions between individuals through these platforms are of particular interest as the regulator believes these carry risks of financial losses and fraud. Central Bank Asks Russian Banks for Details on Crypto-Related Transactions In late December, the Central Bank of Russia (CBR) sent commercial banks a new reporting form for transactions, seeking information about money transfers related to crypto exchange websites. These are mostly payments between private individuals, including transactions…

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Hoo AMM Pool Launched, New Access to Increase User Yields

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PRESS RELEASE. According to Hoo users who participated in AMM (Automated Market Maker) test, each liquidity pool of Hoo has listed quantitative data, such as total liquidity, 24H transaction fee, 1 day and 7 days annualized return for users’ reference. Compared to on-chain DEX providing liquidity such as Uniswap, users can operate at the Hoo website without consuming Gas fees, and the operation is faster and without worrying about security issues such as smart contract vulnerabilities and hacker attacks. At present, Hoo has opened pools of BTC/USDT, ETH/USDT, SOL/USDT, DOGE/USDT,…

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Bitcoin Falls Beneath $40K, Dragging Crypto Economy Below $2 Trillion

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On Thursday evening around 10 p.m. (EST), the price of bitcoin fell beneath the $40K zone for the first time since September 21, 2021. During Friday’s early morning trading sessions, bitcoin plunged to a low of $38,250 per coin. Furthermore, the market capitalization of the entire crypto-economy has slipped under the $2 trillion mark, down 7.5% to $1.94 trillion. Bitcoin Sheds 8% Over the Last 24 Hours, Down 40% From November’s All-Time High The price of bitcoin (BTC) dropped below the $40K zone for the first time in 122 days.…

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Democrats slim down ambitions after back-to-back failures

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After two strikeouts, don’t expect Senate Democrats to immediately swing for the fences again. There’s little appetite in the Democratic majority to publicly fall short on high-profile priorities so soon after the party’s failures to both weaken the filibuster to pass election reform and to approve President Joe Biden’s $1.7 trillion social spending bill. Instead, many Democrats are itching to get back to voting on bills that have plenty of GOP support, such as a new deal to fund the government or changing antitrust laws. Sure, Democrats will try to…

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‘Dangerous precedent’: Jan. 6 committee trains its sights on false pro-Trump electors

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As Capitol attack investigators dig into efforts by state-level Republicans to send Congress “alternative” slates of 2020 presidential electors, they’re zeroing in on the involvement of Donald Trump’s White House and campaign operations. As presidential electors gathered in December 2020 to affirm Joe Biden’s victory, the Republicans who would have been Trump’s electors in several states that Biden won gathered anyway to cast unofficial votes. In five of those states — Arizona, Nevada, Wisconsin, Michigan and Georgia — those electors then signed certificates claiming they were “duly elected and qualified”…

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I Predicted the Fall of Journalistic Institutions. Now It’s Time to Lift Them Up.

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As we approached the 15th anniversary of POLITICO, I plunged into old files expecting to find a lot that would make me cringe. Cringe, I did, looking at some of the early stories, replete with typos, clunky writing, strained premises. More cringing: The first edition of our publication — January 23, 2007 — with its high school newspaper design and a red-black logo announcing the arrival of “THE POLITICO.” Just like in the early days of “TheFacebook,” we soon dropped the “THE.” I was ready to flinch, but did not,…

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‘Our Media Need Not Be Dystopian’

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It’s almost conventional wisdom right now that the news media is a fast-moving crisis, with mainstream news sources collapsing and Americans increasingly divided not only in what they read, but even what facts they choose to believe. How much worse will it get? Or is there a way out? The changes in the media industry make it nearly impossible to guess. When POLITICO was born 15 years ago, a digital-first politics site was considered downright disruptive in Washington, D.C. Today, that sounds almost quaint compared to what was on the…

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‘Crypto bros,’ UFOs and NFTs: Inside Peter Thiel’s Senate fundraising tour

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Late last year, tech billionaire Peter Thiel and his protégé, Arizona Senate candidate Blake Masters, together devised a new way to raise big bucks for the 2022 campaign. Thiel had already cut a huge check funding a pro-Masters super PAC, but they came up with an unusual plan to put money directly into Masters’ campaign. They would create a non-fungible token — better known as an NFT, an exclusive, one-of-a-kind digital reproduction of a collectible item — of “Zero to One,” the bestselling business book the two published in 2014,…

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Laos Licenses 2 Cryptocurrency Trading Platforms

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The central bank of Laos has issued licenses to two cryptocurrency trading platforms. Lao Digital Assets Exchange (LDX) and Bitqik are now the only two licensed entities that can offer full brokerage and trading services in cryptocurrencies and other digital assets in the country. 2 Cryptocurrency Exchanges Authorized in Laos Laos’ central bank, the Bank of the Lao P.D.R. (BOL), has reportedly issued licenses to two companies to trade in cryptocurrencies, local media reported Wednesday. The first authorized platform is Lao Digital Assets Exchange (LDX), a joint venture between the…

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Tom Brady’s Autograph NFT Agency Gets $170 Million in Series B Funding Round

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Autograph, the NFT agency co-founded by famous NFL player Tom Brady, has raised $170 million in its series B funding round. The company revealed that the funding round was led by Andreessen Horowitz and Kleiner Perkins, with the participation of other notable companies in the field. The funds raised will contribute to the expansion of the company with new, undisclosed partnerships reportedly on the way. Autograph Raises $170 Million Autograph, the NFT firm that NFL star Tom Brady co-launched last year, has raised $170 million in its latest funding round.…

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UFC Partners With Dapper Labs to Launch NFT Collection ‘UFC Strike’

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The creators of the Flow blockchain network and NBA Top Shot, Dapper Labs, announced the launch of a new non-fungible token (NFT) compilation called “UFC Strike.” According to Dapper Labs, the new NFTs will launch on Sunday, January 23, and feature “amazing displays of striking and grappling from UFC fighters.” MMA Entertainment Giant Partners With Dapper Labs to Introduce ‘UFC Strike’ NFT Collection Since 1993, the American mixed martial arts (MMA) promotion company Ultimate Fighting Championship (UFC) has grown to be one of the world’s most popular sports firms. According…

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LBank Exchange Will List STEP on January 21, 2022

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PRESS RELEASE. INTERNET CITY, DUBAI, Jan. 21, 2022 – LBank Exchange, a global digital asset trading platform, will list STEP on January 21, 2022. For all users of LBank Exchange, the STEP/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on January 21, 2022. While being used to revolutionize the financial world, crypto can also be used to revolutionize the way for people to keep fit and healthy. As a revolutionary mobile App, Step makes it possible to get rewarded with cryptocurrency when working out and staying…

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Bank of Russia Proposes Wide Ban on Cryptocurrency Use, Trade, Mining

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True to its hardline stance on decentralized digital money, the Central Bank of Russia is now pushing for a wide-ranging ban on crypto-related activities such as issuance, exchange, and mining. A consultation paper published by the regulator cites threats to financial stability and citizens’ wellbeing among the main reasons for the proposed restrictions. Russia’s Central Bank Seeks Public Opinion on Restrictive Crypto Policy The monetary authority of Russia is advocating a ban on an array of crypto activities in a report titled “Cryptocurrencies: Trends, Risks, Measures.” The document was published…

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Indian Government Needs More Time to Finalize Crypto Bill: Report

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Indian government officials reportedly said that India’s cryptocurrency bill will require more time because crypto is a complex subject. The bill is therefore unlikely to be introduced in the upcoming session of parliament. The government reportedly wants to hold more discussions to build a consensus on a regulatory framework for crypto. Crypto Bill Unlikely to Be Introduced in the Budget Session of Parliament The Indian government may not introduce a cryptocurrency bill in the upcoming session of Parliament, the Economic Times reported Wednesday. The government wants to hold more discussions…

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JPMorgan: Ethereum Losing Ground to Other Crypto in NFT Market Due to High Transaction Fees, Congestion

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JPMorgan has told its clients that ethereum is losing ground to rival cryptocurrencies, such as solana (SOL), in the non-fungible token (NFT) market due to sky-high transaction fees on the network. “It looks like, similar to defi apps, congestion and high gas fees has been inducing NFT applications to use other blockchains,” said JPMorgan. Ethereum Losing Ground in NFT Market, Says JPMorgan Global investment bank JPMorgan sent a note to clients last week explaining that ethereum is losing ground to rival cryptocurrencies, such as solana (SOL), in the non-fungible token…

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Mad Money’s Jim Cramer Warns About Dogecoin — Says DOGE Is a Security, SEC Will Regulate

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The host of Mad Money, Jim Cramer, has warned about dogecoin (DOGE). He said that the meme cryptocurrency is a security and will be regulated. He also questioned the supply of dogecoin. Jim Cramer’s Dogecoin Warning Jim Cramer, the host of CNBC’s Mad Money, warned about investing in dogecoin (DOGE) Thursday. Cramer is a former hedge fund manager who co-founded Thestreet.com, a financial news and literacy website. “Please be careful with dogecoin,” he tweeted, adding that the meme cryptocurrency “is a security” and “will be regulated.” In addition, he wrote:…

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Yield App Launches V2, and It’s More Than Just a New Look

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Yield App – the official digital asset wealth management partner of premier league football club West Ham United – has unveiled the hotly anticipated Version 2 (V2) of its platform, just 11 months since it launched in February 2021. In this short time, Yield App has garnered more than 70,000 users and more than $420 million in managed assets. The platform currently offers market-leading rates on USDT, USDC, BTC and ETH, as well as attractive rewards for holders of its native token, YLD. This new, second version of the platform…

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Joe Biden Claims Inflationary Pressure ‘Rests With the Federal Reserve,’ Praises the Fed’s ‘Extraordinary Support’ 

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On Wednesday, U.S. president Joe Biden explained that the country’s central bank was dealing with a large share of the inflationary pressures the American economy is dealing with today. Biden welcomes the possibility of tightening monetary easing and noted that he “respects the Fed’s independence.” US President Joe Biden Says a ‘Critical Job in Making Sure Elevated Prices Don’t Become Entrenched Rests With the Federal Reserve’ Inflationary pressures have been building in the U.S. as consumers are paying far more for goods and services in 2022, and last year’s prices…

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‘Please, Daddy, no more Zoom school.’: California leaders reject distance learning

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LOS ANGELES — The Omicron surge is depleting California teachers and keeping students home in unprecedented numbers, but political leaders aren’t yet willing to broach the most obvious alternative: distance learning. Gov. Gavin Newsom and Democratic leaders who allowed school shutdowns early in the pandemic are holding firm on keeping classrooms open. They’ve had support from the California Teachers Association despite some educators on the ground saying that working conditions are untenable due to staff shortages. And school districts are going to extreme lengths to keep students in classrooms, pulling…

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Opinion | Why the Free Covid Test Website Was Such a Shock

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Americans across the country were buzzing about a hot new website on Tuesday. The whiz kids behind it? The U.S. government. The Biden administration had launched the sign-up website for its initiative to send four free Covid tests to every U.S. household, a day earlier than expected. The news quickly spread everywhere, from the savvy precincts of Twitter to the group texts of ordinary senior citizens. The new site surged into the two top spots for page views on analytics.usa.gov immediately, and still occupied them Thursday morning. And people —…

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What foreign ambassadors really think about Biden’s first year

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When Donald Trump was at the helm, America’s allies were deeply critical of his administration’s foreign policies. On the plus side, the freewheeling White House gave them wide-ranging access to top officials. After one year with President Joe Biden in charge, friendly nations say they’re much happier with U.S. foreign policy, but they’re frustrated by the lack of high-level access and plodding decision-making. In particular, many feel shut out of the national security policy process — but hope efforts to deter another Russian invasion of Ukraine could mark a turning…

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