The judge in Abuja denied bail to Tigran Gambaryan, the jailed Binance employee and a U.S. citizen unlawfully detained in Nigeria. Despite meeting all the medical requirements for bail, the judge’s decision contradicts established Nigerian legal precedents. Gambaryan’s health has deteriorated significantly in prison, and he requires medical treatment that the prison cannot provide. His […]
Although the blockchain industry owes much of its success to so-called bridges, these are far from perfect solutions, argues Justin Wang, the founder and CEO of Zeus Network. While they help address the problem of liquidity segmentation that afflicts the Web3 industry, Wang insists that they pose significant security risks. Keeping the Innovation Flywheel Spinning […]
A multi-year study sponsored by Openai’s Sam Altman examined the effects of a UBI stipend on the spending patterns of the beneficiaries, finding that most of the money was spent on basic needs. The study, which gave $ 45 million to thousands of Americans, also determined that the stipend increased the ability and willingness …
Two experts have explained that the global debate on the future of dollar dominance misses the point because it doesn’t focus on how the dollar’s future will evolve. They warned: “If the U.S. doesn’t keep its house in better order, dollar dominance will be the least of our worries.” Experts Discuss US Dollar’s Dominance Steven […]
Indian Finance Minister Nirmala Sitharaman advocates for global consensus on cryptocurrency regulation, highlighting the need for international cooperation, particularly within the G20. She noted that while Indian regulators have differing opinions regarding how to treat crypto, there is currently no significant confusion. Indian Finance Minister on Crypto Regulation Indian Finance Minister Nirmala Sitharaman stressed the […]