The U.S. Securities and Exchange Commission (SEC)’s X account announced the approval of spot bitcoin exchange-traded funds (ETFs) on Tuesday. However, minutes later, SEC Chairman Gary Gensler claimed that the agency’s social media account was compromised and the post was unauthorized. Some suspect an internal SEC error behind the premature bitcoin ETF announcement. SEC’s ‘Unauthorized’ […]
Powell’s Fed Policy Criticized: Experts Claim ‘Phony Economy’ and ‘Credibility Destruction’ Post Rate Decision
The Federal Reserve’s most recent session of the Federal Open Market Committee (FOMC) wrapped up, leaving interest rates as they were. The market, expecting rate reductions in 2024 and influenced by Fed Chair Jerome Powell’s dovish stance, reacted positively. This uplift was evident in the rise of U.S. stocks, the crypto economy, and precious metals […]
Binance Sees $1.7 Billion in Withdrawals Post DOJ Settlement, Nansen Reports Decline in Crypto Reserves
Following the settlement with the U.S. Department of Justice (DOJ), Binance, the world’s leading crypto exchange by trading volume, has experienced a significant withdrawal of approximately $ 1.7 billion in digital assets, as reported by Nansen, a blockchain analysis company. This substantial outflow of funds from Binance occurred shortly after the settlement. As of …
Deutsche Post Launches Crypto Stamp With AI-Generated Images of Historical Sites
Germans can now order a “crypto stamp” that will feature images of historical buildings rendered by artificial intelligence (AI). The stamp, to be released by Deutsche Post in November, is already available for pre-order and will come in both physical form and as a non-fungible token (NFT). Germany’s First NFT Stamp Shows an AI Interpretation […]
Post Status Celebrates 10 Years, Adds Joost de Valk and Marieke van de Rakt as Partners
This year Post Status is celebrating a decade of serving WordPress professionals with its member-supported community. The site was founded by Brian Krogsgard in 2013, and now runs an active Slack community with 2,083 members, a weekly newsletter with 4,300 subscribers, and a job board. As a testament to the community’s continued …