The hyper-politicization of CBDCs in the U.S. reflects broader concerns about privacy and government overreach. While the debate may not sway a large voter base, it highlights the intersection of technology, politics, and finance in the evolving landscape of digital currencies. As the U.S. explores CBDCs, the global impact and the delicate balance between privacy and innovation remain key considerations.
Cheng YuanElizabeth Warren's critique of cryptocurrency, claiming its role in national security threats, sparks debate. Community Notes on X challenge her, citing a Treasury report favoring fiat in financial crimes. Vitalik Buterin praises X's Community Notes for fostering crypto values. The ongoing discussion highlights the importance of nuanced assessments in the crypto debate.
BerniceThe Federal Trade Commission (FTC) delves into AI and copyright issues, sparking skepticism and confusion among experts. Despite its lack of expertise in copyright law, the FTC raised eyebrows with comments suggesting fair use in AI might foster unfair competition, challenging the essence of fair use itself.
Huang BoVan Gogh-inspired NFTs fetch $2.5 million in Bitcoin, marking a cultural breakthrough. The sales, coinciding with Musée d’Orsay's Tezos blockchain initiative, reflect a growing interest in classical art NFTs. These transactions inject life into the NFT market, signaling its evolution and resilience.
JixuLido Finance has overtaken MakerDAO as the biggest DeFi protocol in the market, with $5.9 billion locked on the staking platform.
cryptopotatoThere are several challenges that a modern blockchain indexing startup may face.
Footprint AnalyticsMakerDAO (MKR) is planning to deposit $1.6 billion in USDC on Coinbase Prime to earn a yield of 1.5% per year. A poll on the proposal is three days away from closing. The decision could set the DeFi protocol on the path to centralization.
BeincryptoThe Maker Protocol could extend yet another arm into the traditional finance space if a proposed integration with a Pennsylvania-based bank passes this week.
CointelegraphMakerDAO is back in the spotlight after Terra’s UST debacle forced investors to look for a truly “stable” dollar-pegged asset.
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