November 15, 20240 Comments

Quadratic Funding and the Buffer Concept – A New Path to Economic Stability

HodlX Guest Post  Submit Your Post   The concept of ‘quadratic funding,’ which Vitalik Buterin discusses during his conversation with Lex Friedman, suggests that there is a mathematical way to return some portion of money to those who engage in philanthropy, or in the case of companies, allocate a percentage from a common pool. This idea is intriguing from a psychological perspective – primarily because it interacts with one’s ego or

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November 15, 20240 Comments

Pennsylvania House Pushes Bill To Create State Bitcoin Reserve

The Pennsylvania House of Representatives has drafted a bill to add a strategic Bitcoin reserve for the state. The bill has been presented by Republican Representative Mike Cabell, and this bill seeks to permit the treasury of Pennsylvania to invest up to 10% of its funds in Bitcoin. Cabell described the bill as a means to fight inflation and to enable the state to hold an asset that is resistant

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November 15, 20240 Comments

BTC Wanes To $88K, XRP & HBAR Up 13-18%

The crypto prices today have illustrated a set of mixed actions, sparking investor speculations globally. Bitcoin (BTC) price reversed previous gains to rest at $88K, whereas Ethereum (ETH) and Solana (SOL) prices followed. However, Ripple’s XRP continued to pump strongly, emerging as the day’s top gainer. Further, even Hedera (HBAR) price soared to emerge as the day’s leading gainer. Besides, the global crypto market cap witnessed a 1.67% decrease in

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November 15, 20240 Comments

How Bitcoin Reserve Will Cut US National Debt by $16 Trillion? Michael Saylor Explains

MicroStrategy chairman Michael Saylor has once again stressed the importance of the US having a strategic Bitcoin Reserve. In his latest CNBC interview, Saylor said that accumulating one million Bitcoins over the next five years can help the government reduce the US national debt by a staggering $16 trillion i.e. over 45% of the existing debt. Bitcoin Reserve to Reducing US National Debt In his recent CNBC interview, Michael Saylor

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November 15, 20240 Comments

Asian Stocks Gain on China Recovery, Weaker Dollar: Markets Wrap

(Bloomberg) — Asian equities climbed, aided by some encouraging signs in China’s economy and a retreat in the dollar. Most Read from Bloomberg The MSCI Asia Pacific Index rose 0.4%, its first gain this week, following data that showed China’s retail sales expanded at the strongest pace in eight months and property prices fell at a slower pace. Japanese benchmarks advanced about 0.8%, supported by weakness in the yen. US

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November 15, 20240 Comments

City to get ‘bonuses early’ and PM ‘backs thought police’

A number of the papers cover Rachel Reeves’s first Mansion House speech, an annual address to the City of London by the sitting chancellor, which she delivered on Thursday evening. The Financial Times says Reeves urged City regulators to allow financial service providers to take greater risks, saying that rules introduced after the 2008 crash had “gone too far” and were harming growth. The paper says the comments were part

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November 15, 20240 Comments

US hacker sentenced over Bitcoin heist worth billions

A hacker has been sentenced to five years in a US prison for laundering the proceeds of one of the biggest ever cryptocurrency thefts. Ilya Lichtenstein pleaded guilty last year in the case involving the Bitfinex cryptocurrency exchange being hacked in 2016 and the theft of almost 120,000 bitcoin. He laundered the stolen cryptocurrency with the help of his wife Heather Morgan, who used the alias Razzlekhan to promote her

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November 15, 20240 Comments

What to know about Trump’s Department of Government Efficiency, led by Elon Musk and Vivek Ramaswamy

Donald Trump is vowing to reduce wasteful federal spending by tapping two billionaires — Tesla CEO Elon Musk and entrepreneur Vivek Ramaswamy — to spearhead the initiative, which the president-elect is calling the Department of Government Efficiency, or DOGE. The appointments, announced by Trump on Tuesday, raise a host of questions about the effort, including whether Musk and Ramaswamy will have the authority to make changes in federal outlays, given

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November 15, 20240 Comments

Nelnet Bank Student Loans Review

Nelnet Bank is best known for servicing federal student loans, but it also issues private student loans for undergraduate, graduate, MBA, law or advanced health profession degrees nationwide. Source link

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