Economy
Cryptocurrencies replacing traditional fiat currencies; wealth inequality; the economic impact of automation and the next industrial revolution—this page covers the trends and news that will influence the economies of the future.
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https://fangwallet.com/2024/04/21/scaling-ethereum-for-mass-adoption-exploring-the-potential-of-layer-2-solutions/
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Fangwallet
Advertiser Disclosure. This blog post may contain references to products or services from one or more of our advertisers or partners. We may receive compensation when you click on links to those products or services. Ethereum, the pioneering blockchain platform, has long been heralded as the foundation for decentralized applications (DApps) and smart contracts.
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https://nypost.com/2024/04/20/us-news/si-model-kristen-louelle-gaffney-blasts-california-homeless-crisis-for-move-to-nashville/
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Nypost
Sports Illustrated swimsuit model Kristen Louelle Gaffney is fed up with California — and she's leaving.
Gaffney, 34, blasted California's homeless and drug crises as a reason she and her 2-time Super Bowl champion husband, Tyler Gaffney, took their three kids and fled to Nashville,...
Gaffney, 34, blasted California's homeless and drug crises as a reason she and her 2-time Super Bowl champion husband, Tyler Gaffney, took their three kids and fled to Nashville,...
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https://www.cbc.ca/news/business/wealthy-canadians-fair-share-taxes-1.7179031?cmp=rss
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Cbc
When the federal government announced an increase in capital gains taxes in its recent budget, the hike was defended, in part, as a way to ensure the wealthiest Canadians pay their fair share.But how exactly do we determine what a "fair share" is? Especially, as some data suggests, the wealthiest...
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https://www.newstrail.com/password-manager-software-market-to-expand-robustly-in-2024-google-micro-focus-sonicwall/
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Newstrail
The Latest Released Global Password Manager Software market study has evaluated the future growth potential of Global Password Manager Software market and provides information and useful stats on market structure and size. The report is intended to provide market intelligence and strategic insights to help decision-makers take sound investment decisions and identify potential gaps and growth opportunities.
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https://techcrunch.com/2024/04/19/equities-platform-midas-raises-45m-series-a-as-fintech-retains-its-sparkle-in-turkey/
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Techcrunch
Midas, a fintech startup that allows people in Turkey to invest in U.and Turkish equities, says it has raised $45 million in a funding round led by Portage Ventures of Canada. The startup is aimed at Turkey's retail investor market and claims to have more than 2 million users. Its pitch is that it charges significantly lower transaction and commission fees for Turkish customers who want to invest in U.or Turkish stocks.
FUTURE TIMELINE
COUNTRY FORECASTS
251185
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https://cryptocurrencynews.com/tether-expands-dollar-gold-stablecoins-to-boost-telegram-payments/
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Cryptocurrencynews
Tether announced its intention to enhance peer-to-peer payments on Telegram by extending its dollar-pegged USDT and gold-backed XAUT tokens to the TON network, catering to Telegram's vast user base 900 million.
Originally initiated by Telegram, the TON network has experienced rapid expansion,...
Originally initiated by Telegram, the TON network has experienced rapid expansion,...
FUTURE TIMELINE
COUNTRY FORECASTS
251184
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https://www.financialexpress.com/business/digital-transformation-insurtech-startups-capitalise-on-soaring-cybersecurity-risks-3462731/
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Financialexpress
Aman Gupta-led wearables startup boAt recently suffered a data breach, where the personal details of over 7.5 million customers were compromised. Experts weren't surprised as all warnings by them with regard to rising risks did not lead to consumer data-dealing companies taking remedial steps. In the recent past, there has been a data breach at Indian Hotels Company, where personal details of around 1.5 million people were compromised.
FUTURE TIMELINE
COUNTRY FORECASTS
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https://www.pymnts.com/news/retail/2024/brazils-click-and-mortar-shoppers-underpin-pix-and-instant-payments-growth/
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Pymnts
The rise of the Click-and-Mortar™ shopper in Brazil may give some tailwind to the use of Pix, the instant payment system that became operational in the country in late 2020. As detailed by Brazil's central bank, the number of Pix monthly transactions has been well over 4 billion, at 4.3 billion as March ended.
FUTURE TIMELINE
COUNTRY FORECASTS
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https://www.fxstreet.com/cryptocurrencies/news/hedgy-finance-responds-to-security-breach-as-crypto-attacks-could-resume-following-bitcoin-halving-hype-202404192124
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Fxstreet
Hedgy Finance has begun attempts to recover stolen funds after a $1.9 million security breach on the Hedgy Token Claim Contract.
Phishing attacks increase as Ethereum name service address suffers a major hit.
Investors should exercise caution as Bitcoin halving hype could lead to more attacks.
...
Phishing attacks increase as Ethereum name service address suffers a major hit.
Investors should exercise caution as Bitcoin halving hype could lead to more attacks.
...
FUTURE TIMELINE
COUNTRY FORECASTS
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https://www.scoop.co.nz/stories/BU2404/S00228/consultation-opens-on-a-digital-currency-for-new-zealand.htm
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Scoop
The Reserve Bank of New Zealand - Te Pūtea Matua is continuing its exploration of a central bank digital currency. "We are calling this 'digital cash'. It would be a new type of money in addition to the banknotes and coins we have today, and the electronic money in your bank account," Director of Money and Cash - Tari Moni Whai Take Ian Woolford says.
FUTURE TIMELINE
COUNTRY FORECASTS
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https://www.ibtimes.com/coinbase-under-fire-lawsuit-over-security-lapses-spearheaded-herman-jones-llp-shake-trust-crypto
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Ibtimes
Coinbase, one of the earliest and most influential cryptocurrency exchange platforms, has democratized access to digital assets and significantly contributed to the mainstream adoption of blockchain technology since 2012. It became the go-to platform for novice investors and seasoned traders to...
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https://www.mondaq.com/Article/1454256
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Mondaq
Bitcoin, the world's largest cryptocurrency by market capitalisation, is approaching the next halving event, marking a 50% cut in rewards for mining new blocks on the Bitcoin blockchain. Affectionately dubbed 'the halvening', the event was pre-programmed by bitcoin's pseudonymous creator, Satoshi Nakamoto, to create a predictable and deflationary economic model.
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https://www.pymnts.com/news/banking/2024/banks-leverage-fintech-partnerships-to-ride-digital-transformation-wave/
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Pymnts
The digital transformation of banking continues to reshape how financial institutions (FIs) are meeting the evolving expectations of consumers. And central to this evolution are partnerships, which play a pivotal role in enhancing customer experiences and streamlining financial processes. a FinTech company specializing in digital deposit switching (DDS), exemplifies this trend.
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https://betakit.com/fintech-leaders-say-devil-is-in-the-details-with-budget2024-open-banking-promises/
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Betakit
Questions still remain on how open banking will work and when it will launch.
FinTech leaders and industry associations applauded the open banking update in Tuesday's federal budget, but said there are still unanswered questions about the technical standard at the heart of the future...
FinTech leaders and industry associations applauded the open banking update in Tuesday's federal budget, but said there are still unanswered questions about the technical standard at the heart of the future...
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https://fitsmallbusiness.com/real-time-payments-growth/
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Fitsmallbusiness
Real-time payment (RTP) is the process of accelerating the transfer of funds between businesses and individuals from a few days to a matter of minutes. While this is the norm for credit card transactions, bank-to-bank real-time payments have been impossible until recent advancements in payment...
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https://postandparcel.info/155910/news/e-commerce/correos-makes-further-steps-to-guarantee-financial-inclusion-in-spain/
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Postandparcel
This money can be received at homes throughout Spain through the 30,000 postmen and wallets that Correos has - urban and rural -, without needing to have the online banking service or the bank's app to make the request or having to go to the Post Office, as was the case until now. This allows us to offer a more personalized and close service, through a trusted person and without having to travel, something especially valued in the case of older people or people with reduced mobility who have difficulties leaving their home.
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https://cryptoslate.com/hong-kong-approves-bitcoin-and-ethereum-etfs-as-us-lingers-on-eth-approval/
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Cryptoslate
Stay ahead with crypto's key news and insights. Delivered directly, every day. Vitalik Buterin's RailGun advocacy triggers sharp rise in privacy tokens Hong Kong approves Bitcoin and Ethereum ETFs as US lingers on ETH approval Mining through the Bitcoin halving: Survival strategies for 2024 Top IRS official says 'pure crypto tax crimes' on the rise alongside scams Bitwise reveals spot Bitcoin ETFs outperformed pre-release predictions by a significant margin.
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https://www.dispatchtribunal.com/2024/04/15/bitcoin-gold-one-day-volume-hits-16-47-million-btg.html
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Dispatchtribunal
Bitcoin Gold (BTG) traded 0.6% higher against the U.S. dollar during the 1-day period ending at 21:00 PM Eastern on April 15th. One Bitcoin Gold coin can now be bought for $37.52 or 0.00058909 BTC on popular exchanges. Bitcoin Gold has a market capitalization of $657.10 million and approximately...
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https://bravenewcoin.com/insights/soma-finance-the-best-of-defi-tradfi
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Bravenewcoin
Bill Heyn is the CEO of SOMA.finance. SOMA is building finance for the future by uniting DeFi and TradFi. SOMA aims to be the first DEX-style trading platform that is legal and compliant in the US, and the rest of the world.
Why you should listen
The non-custodial SOMA.finance platform aims to...
Why you should listen
The non-custodial SOMA.finance platform aims to...
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https://cryptopotato.com/new-york-jury-convicts-avraham-eisenberg-in-110-million-crypto-market-manipulation-case/
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Cryptopotato
A federal jury has convicted crypto trader Avraham Eisenberg of fraud and market manipulation. The charges stemmed from Eisenberg's exploitation of Mango Markets, a decentralized finance (DeFi) protocol built on the Solana blockchain. Eisenberg, 28, was found guilty by jurors in a federal court in Manhattan on charges of commodities fraud, commodities manipulation, and wire fraud.
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https://www.bleepingcomputer.com/news/security/google-ad-impersonates-whales-market-to-push-wallet-drainer-malware/
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Bleepingcomputer
A legitimate-looking Google Search advertisement for the crypto trading platform 'Whales Market' redirects visitors to a wallet-draining phishing site that steals all of your assets. Whales Market is a decentralized OTC trading platform allowing users to exchange assets across blockchains. Today, BleepingComputer was contacted about a phishing ad for the trading platform in Google search results.
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https://whatsyourtech.ca/2024/04/19/e-waste-is-still-a-big-and-growing-problem-despite-recycling-efforts-large-and-small/
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Whatsyourtech
Billions of pounds. Tons of kilograms. Lots and lots of e-waste. Around the world and here in Canada, we're generating way more electronic scrap than we are collecting and recycling. Five times as much. And what we throw away is, ironically, both very valuable and very dangerous. It's not only the consumer tech gadgets we first embrace so enthusiastically (our laptops, mobile phones, smart devices and more) and then discard so carelessly (there's only a 22 per cent documented collection and recycling rate); it's a burgeoning array of industrial and institutional products, like temperature exchange equipment or photovoltaic power panels.