Russian Appellate Court Cancels Decision to Block Tor Project’s Website

Post Views: 196 A court of appeals in Russia has overturned a ruling by a regional court which allowed the blocking of the Tor Project’s website in the country. Due to violations during the initial proceedings, the case has been returned to the court of the first instance for another review. Procedural violations, mainly the…

Report: BRICS Countries Told to Consider Countering the Dollar’s Global Hegemony

Post Views: 199 Chinese experts have called on leaders of BRICS (Brazil, Russia, India, China and South Africa) countries to consider countering the dollar, whose global hegemony is thought to be abusive. Still, the experts concede that any attempt to diminish the dollar’s dominance will take time. The international transactions and financial markets, which…

Prepare for Recession: Musk and Goldman Sachs’ Blankfein Weigh In; Galaxy Digital’s CEO Talks on Terra Collapse — Bitcoin.com News Week in Review

Post Views: 205 This week, both Goldman Sachs’ Lloyd Blankfein and Tesla boss Elon Musk weighed in on the issue of an impending recession in the U.S., issuing sobering estimations. In the wake of Terra’s epic implosion, the topic is all the more critical, but LUNA-tattooed Galaxy Digital CEO Mike Novogratz still thinks the “crypto…

Dubai Creates Committee to Help Cement Its Position as ‘Key City in the Metaverse’

Post Views: 219 The rulers of Dubai have created a committee that is mandated with tracking the latest developments in the digital economy. The committee is also expected to bolster the rulers’ quest to make Dubai a “key city in the metaverse.” The Dubai rulers, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum…

ETH Co-Founder Vitalik Buterin Says The Merge Could Happen in August, There’s Also ‘Risk of Delay’

Post Views: 207 Following the statements from Ethereum developer Preston Van Loon at the Permissionless conference, Ethereum co-founder Vitalik Buterin has further confirmed The Merge will likely happen in August. Buterin noted, however, that it’s quite possible there’s still a risk of delay, and The Merge could happen in September or October 2022. …

Ethereum Has Destroyed $8.10 Billion in Ether, ETH Scarcity to Increase After The Merge

Post Views: 198 According to current metrics, the Ethereum blockchain has burned 2.35 million ether since the implementation of Ethereum Improvement Proposal (EIP) 1559. The $8.10 billion in value was burned over the course of nine months and during the last seven days, 18,110 ether worth $34.9 million was destroyed. Since the August 5, 2021…

Survey Shows 87% of Americans Are Stressed About Inflation and Rising Costs of Everyday Goods

Post Views: 208 As the consumer price index (CPI), a measure of prices for goods and services, hit another all-time high in April reaching 8.3%, Americans are stressed out more than ever about inflation and money. A recent survey published by the American Psychological Association shows that 87% of U.S. residents say inflation on everyday…

Biggest Movers: SOL Slips Again as ATOM Drops 10% to Start the Weekend

Post Views: 231 SOL was trading lower to start the weekend, as prices slipped on Saturday. This comes as bears re-entered the market following a week of consolidation. ATOM was one of the biggest movers, falling by 10%. After climbing by over 15% on Friday, ATOM was one of the biggest losers on Saturday, as…

Facebook Owner Meta Files Trademark Applications for ‘Meta Pay’ Covering Crypto Services

Post Views: 211 Meta Platforms Inc., formerly Facebook, has filed five trademark applications for “Meta Pay.” The filings cover a wide range of cryptocurrency services. The company is renaming Facebook Pay to Meta Pay. The experience that people see today is Facebook Pay, but we’ll be bringing that closer to the Meta brand soon by…

Crypto Custody Firm Fireblocks Launches Web3 Services Suite

Post Views: 245 Fireblocks, a crypto custody service provider, is expanding its services with the launch of an institutional suite of Web3 services. This suite will allow customers to leverage liquidity from different exchanges, and mint NFTs. The service, which has already onboarded several names in the industry, also includes gaming asset management for blockchain…