Rich Dad Poor Dad’s Robert Kiyosaki Warns Inflation May Lead to Greater Depression

Rich Dad Poor Dad’s Robert Kiyosaki Warns Inflation May Lead to Greater Depression

Post Views: 323 The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned that the current inflation may lead to a “Greater Depression.” He added that real estate is crashing and foreclosures are up 700% from last year. The author of Rich Dad Poor Dad, Robert Kiyosaki, voiced fresh concerns…

US Lawmaker Slams SEC for Not Regulating in Good Faith — ‘Under Chair Gensler, SEC Has Become Power-Hungry’

US Lawmaker Slams SEC for Not Regulating in Good Faith — ‘Under Chair Gensler, SEC Has Become Power-Hungry’

Post Views: 362 A U.S. congressman has slammed the Securities and Exchange Commission (SEC) and Chair Gary Gensler for cracking down on companies outside the SEC’s jurisdiction. The SEC “is not regulating in good faith,” he said, adding that “Under Chair Gensler, the SEC has become a power-hungry regulator.” The director of the Division…

Video Game Giant Square Enix Plans to Drop a Final Fantasy VII NFT Collection in 2023

Post Views: 300 According to the non-fungible token (NFT) company Enjin, the firm has inked a deal with the Japanese entertainment conglomerate and leading video game developer Square Enix. The partnership will produce the launch of Final Fantasy VII 25th Anniversary cards and figures on the cross-chain network platform Efinity. Enjin says that its…

Another 3 BTC Jackpot Won at Bitcoin.com Games, Over 15 Players 10x Their Deposits Just This Month

Another 3 BTC Jackpot Won at Bitcoin.com Games, Over 15 Players 10x Their Deposits Just This Month

Post Views: 325 A lucky player wins a 3 bitcoin jackpot on a newly released live casino game at Bitcoin.com’s crypto casino. And that’s what an average month looks like for our crypto casino. Players cashing out big winnings that would arguably be beyond what an average trader could make in a whole year. There…

Coinbase Confirms ‘No Financing Exposure’ to Bankrupt Crypto Firms Celsius, Voyager, Three Arrows Capital

Coinbase Confirms ‘No Financing Exposure’ to Bankrupt Crypto Firms Celsius, Voyager, Three Arrows Capital

Post Views: 287 Crypto exchange Coinbase has confirmed that the company “had no financing exposure” to bankrupt firms, including Celsius Network, Voyager Digital, and Three Arrows Capital (3AC). “The issues here were foreseeable and actually credit-specific, not crypto-specific in nature,” Coinbase stressed. The Nasdaq-listed cryptocurrency exchange Coinbase clarified its approach to cryptocurrency financing in a…

Biggest Movers: XMR Moves to 5-Week High, Despite Crypto Selloff

Biggest Movers: XMR Moves to 5-Week High, Despite Crypto Selloff

Post Views: 321 Monero moved to its highest level in five weeks on Thursday, despite crypto markets mainly trading in red. The token rose to its highest level since June 13 after extending recent gains. On the other hand, dogecoin dropped lower today, despite Elon Musk announcing that Tesla hasn’t sold any of the meme…

Spanish Crypto Exchange Bit2me Won’t Absorb 2gether Customers Due to Internal Discrepancies

Spanish Crypto Exchange Bit2me Won’t Absorb 2gether Customers Due to Internal Discrepancies

Post Views: 520 Bit2me, a Spanish cryptocurrency exchange, announced that the deal it aimed to complete with 2gether, another Spanish exchange, fell through due to internal discrepancies. The company hoped to absorb the customers of 2gether after it blocked operations, forcing users to pay €20 to keep using the platform after having declared it could…

Nigerian Lenders Frustrating CBDC’s Adoption — Central Bank Governor

Nigerian Lenders Frustrating CBDC’s Adoption — Central Bank Governor

Post Views: 356 Apathetic Nigerian lenders are frustrating the e-naira’s adoption because they are worried this could deprive them of a key revenue source, Godwin Emefiele, the Central Bank of Nigeria (CBN) governor, has said. Emefiele said the central bank is working on a channel that would enable Nigerians without bank accounts to open e-naira…

Ghana Ranked as Country With Second-Highest Debt Default Risk Globally

Ghana Ranked as Country With Second-Highest Debt Default Risk Globally

Post Views: 323 According to Visual Capitalist, Ghana is now placed second on its list of countries with the highest default risk in 2022. Only four countries, namely, Ukraine 10,856 basis points (bps), Argentina (4,470), El Salvador (3,376), and Ethiopia (3,035) have a credit default swap spread that is higher than Ghana’s at 2,071 bps….

Reserve Bank of India Is Working on ‘Phased Implementation’ of Central Bank Digital Currency

Reserve Bank of India Is Working on ‘Phased Implementation’ of Central Bank Digital Currency

Post Views: 366 India’s central bank, the Reserve Bank of India (RBI), is working on a “phased implementation of a central bank digital currency (CBDC) in both wholesale and retail segments.” Necessary amendments have been made to the RBI Act, 1934 to allow the central bank to pilot and issue a digital currency. A Reserve…