The seller even got help from Bitcoin founder Satoshi Nakamoto, though it’s still up in the air whether the artist actually made the “sale.” Crypto Twitter was briefly set ablaze on May 14 with a suggestion that the world’s first real-world purchase made by Bitcoin may have been for a JPEG, not pizza. In a…
The US Justice Department’s top crypto cop said that it was a “pretty significant issue” given the rise of North Korean “state-sponsored hackers.” The United States Justice Department’s crypto enforcement team is cracking down on Decentralized Finance (DeFi) hackers and exploiters, amid a four-year rise in illicit crypto activity. In a Financial Times report published on May…
Are memecoins safe and reliable enough to be used as currency? Memecoins’ security and dependability as a medium of exchange remain a topic of debate in the cryptosphere. Memecoins are said to be safe and decentralized, but some are concerned about their volatility and lack of oversight. Memecoin proponents claim that because they are decentralized,…
The United States Congressional Budget Office has predicted that the U.S. government’s annual deficits will “nearly double over the next decade.” The United States government faces a “significant risk” of no longer meeting all of its financial obligations as early as June, as per a recent report. According to a May 12 report published by the…