Day: June 3, 2024

Hong Kong Police Warn of Spike in Counterfeit Banknotes Used in Cryptocurrency Scams

2024-06-03 By admin

Hong Kong police have issued a warning over the rise in counterfeit banknotes, with many cases linked to cryptocurrency scams. Between January and April, authorities seized 3,396 fake notes valued at HK$2.55 million (US$326,130), a significant increase from last year’s 553 notes worth HK$166,220. Three major cryptocurrency-related fraud cases led to the confiscation of 1,693 […]

Latam Insights: Paraguay Shuts Down Largest Illegal Bitcoin Mining Farm to Date, Argentina and El Salvador Discuss Bitcoin

2024-06-03 By admin

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Paraguay shut down the largest illegal bitcoin mining operation to date, Argentine and Salvadoran officials met to discuss bitcoin issues, and Ocean launched a global hub in El Salvador. Paraguayan Authorities Shut Down […]

The AMD Computex 2024 Keynote Live Blog (6:30pm PT/01:30 UTC)

2024-06-03 By admin

AnandTech Live Blog: The newest updates are at the top. This page will auto-update, there’s no need to manually refresh your browser. 09:56PM EDT – AMD currently switching to their mobile portolio. ALso introducing the 3rd Gen Ryzen AI NPU, developed with Xilinx 09:56PM EDT – The Ryzen 9 9950X (16C/32T), Ryzen 9 9900X (12C/24T), […]

Nobel Laureate Paul Krugman Claims ‘Inflation Bump Is Over’ — Peter Schiff Says Krugman’s View ‘Should Be Dismissed’

2024-06-03 By admin

Nobel Prize-winning economist Paul Krugman and gold advocate Peter Schiff are in disagreement over inflation. Krugman believes that “the inflation bump is over.” However, Schiff argues that Krugman didn’t even foresee the inflation bump, emphasizing that the Nobel laureate’s view on inflation should be disregarded. Schiff explained that “all indicators point to a reacceleration of […]

Coinbase’s Legal Chief: SEC Is Bent on Choking the Digital Asset Industry

2024-06-03 By admin

Coinbase’s chief legal officer, Paul Grewal, announced that the crypto exchange has filed a closing brief in the Third Circuit challenging the SEC’s denial of their rulemaking petition. The brief argues that the SEC’s order, which disagrees with claims that SEC rules are unworkable for digital asset firms, lacks reasoned decision-making. Grewal asserts that the […]