"Rich Dad Poor Dad" author Robert Kiyosaki tweeted that the Fed's rate hike will crash stocks, bonds, real estate and the dollar. The next crash will be the $1 trillion derivatives market.

"Rich Dad Poor Dad" author Robert Kiyosaki tweeted that the Fed's rate hike will crash stocks, bonds, real estate and the dollar. The next crash will be the $1 trillion derivatives market.

The Central Bank of the United Arab Emirates (CBUAE) will implement its Central Bank Digital Currency (CBDC) strategy dubbed the "Digital Dirham". In a joint signing ceremony with G42 Cloud and R3, CBUAE has invited these two entities as infrastructure and technology providers respectively. The first phase of the CBDC strategy will take place over the next 12 to 15 months.

The Central Bank of the United Arab Emirates (CBUAE) will implement its Central Bank Digital Currency (CBDC) strategy dubbed the "Digital Dirham". In a joint signing ceremony with G42 Cloud and R3, CBUAE has invited these two entities as infrastructure and technology providers respectively. The first phase of the CBDC strategy will take place over the next 12 to 15 months.

On Friday local time, the U.S. Treasury Department said Yellen would convene the heads of major U.S. financial regulators that morning for a previously unscheduled closed-door meeting of the Financial Stability Oversight Committee (FSOC). The Treasury Department said in a statement that the meeting will be closed to the public. It is reported that FSOC is led by the US Department of the Treasury and is responsible for identifying unstable factors in the financial system, regulating market dis...

On Friday local time, the U.S. Treasury Department said Yellen would convene the heads of major U.S. financial regulators that morning for a previously unscheduled closed-door meeting of the Financial Stability Oversight Committee (FSOC). The Treasury Department said in a statement that the meeting will be closed to the public. It is reported that FSOC is led by the US Department of the Treasury and is responsible for identifying unstable factors in the financial system, regulating market dis...

Emin Gün Sirer, founder and CEO of Ava Labs, said in an interview that many Layer 1 blockchains have emerged in the encryption ecosystem, but within three to five years from now, a large number of Layer 1 blockchains will be eliminated. I think we already have too much Layer1, but mostly plagiarism. Furthermore, Gün Sirer pointed out that Layer 1 must be decentralized, secure and fast.

Emin Gün Sirer, founder and CEO of Ava Labs, said in an interview that many Layer 1 blockchains have emerged in the encryption ecosystem, but within three to five years from now, a large number of Layer 1 blockchains will be eliminated. I think we already have too much Layer1, but mostly plagiarism. Furthermore, Gün Sirer pointed out that Layer 1 must be decentralized, secure and fast.

The U.S. Securities and Exchange Commission (SEC) sued Justin Sun on Wednesday, accusing him of selling and airdropping unregistered securities, committing fraud and manipulating the market. The SEC said in a press release that it is suing Justin Sun, the TRON Foundation, the BitTorrent Foundation, and BitTorrent (now known as Rainberry) for selling unregistered crypto asset securities TRX and BTT. The SEC further charged that the defendants manipulated the TRX secondary market through an "ex...

The U.S. Securities and Exchange Commission (SEC) sued Justin Sun on Wednesday, accusing him of selling and airdropping unregistered securities, committing fraud and manipulating the market. The SEC said in a press release that it is suing Justin Sun, the TRON Foundation, the BitTorrent Foundation, and BitTorrent (now known as Rainberry) for selling unregistered crypto asset securities TRX and BTT. The SEC further charged that the defendants manipulated the TRX secondary market through an "ex...

Quasar Finance, a Cosmos ecological decentralized asset management protocol, will launch its mainnet today, aiming to help investors manage their digital assets across multiple blockchains.

Quasar Finance, a Cosmos ecological decentralized asset management protocol, will launch its mainnet today, aiming to help investors manage their digital assets across multiple blockchains.

Japanese telecommunications giant Fujitsu has filed a trademark application with the U.S. Patent and Trademark Office covering several cryptocurrency services. The application specifically mentions "financial management of crypto-assets," "financial exchange of crypto-assets," and "financial brokerage services for cryptocurrency transactions." According to previous news in February, Fujitsu launched the Web3 development support platform, which aims to provide development environments, blockch...

Japanese telecommunications giant Fujitsu has filed a trademark application with the U.S. Patent and Trademark Office covering several cryptocurrency services. The application specifically mentions "financial management of crypto-assets," "financial exchange of crypto-assets," and "financial brokerage services for cryptocurrency transactions." According to previous news in February, Fujitsu launched the Web3 development support platform, which aims to provide development environments, blockch...

The founder of Aztec stated that the closure of Ethereum’s zero-knowledge private payment product Aztec Connect is for commercial reasons, not due to regulatory influence. Aztec said that Aztec Connect is just one of the technology iterations that Aztec is developing, and more interesting products will be launched in the future. It is reported that on March 21, Aztec Network officially announced that the deposit function of its DeFi privacy bridge project Aztec Connect has been closed as sche...

The founder of Aztec stated that the closure of Ethereum’s zero-knowledge private payment product Aztec Connect is for commercial reasons, not due to regulatory influence. Aztec said that Aztec Connect is just one of the technology iterations that Aztec is developing, and more interesting products will be launched in the future. It is reported that on March 21, Aztec Network officially announced that the deposit function of its DeFi privacy bridge project Aztec Connect has been closed as sche...

Software engineer cygaar announced on Twitter that he has joined Sudorandom Labs and is focusing on the development of the NFT trading protocol sudoswap. Cygaar said that the next iteration update of SudoSwap will include on-chain royalties, ERC-1155 support, etc.

Software engineer cygaar announced on Twitter that he has joined Sudorandom Labs and is focusing on the development of the NFT trading protocol sudoswap. Cygaar said that the next iteration update of SudoSwap will include on-chain royalties, ERC-1155 support, etc.

The U.S. Department of the Treasury and the Internal Revenue Service (IRS) are seeking feedback on upcoming guidance on the tax treatment of non-fungible tokens (NFTs) as collectibles under the tax code. The guidance also requests comment on the treatment of NFTs as collectibles and describes how the IRS intends to determine whether NFTs are collectibles until further guidance is issued. This means that the tax treatment of NFTs under capital gains tax rules is not favorable, a move that coul...

The U.S. Department of the Treasury and the Internal Revenue Service (IRS) are seeking feedback on upcoming guidance on the tax treatment of non-fungible tokens (NFTs) as collectibles under the tax code. The guidance also requests comment on the treatment of NFTs as collectibles and describes how the IRS intends to determine whether NFTs are collectibles until further guidance is issued. This means that the tax treatment of NFTs under capital gains tax rules is not favorable, a move that coul...

Yet-to-be-launched Turkish cryptocurrency exchange Metatime has raised $11 million in seed funding. Turkish investment firm Yildiz Tekno GSYO and several unnamed angel investors participated in the round. The Istanbul-based crypto startup is developing an exchange, wallet, blockchain, NFT marketplace and stablecoins. Metatime co-founder and CEO Yusuf Sevim said Yildiz invested $150,000 for a 1% stake in Metatime. The rest of the funding — $11 million — was provided by angel investors in a tok...

Yet-to-be-launched Turkish cryptocurrency exchange Metatime has raised $11 million in seed funding. Turkish investment firm Yildiz Tekno GSYO and several unnamed angel investors participated in the round. The Istanbul-based crypto startup is developing an exchange, wallet, blockchain, NFT marketplace and stablecoins. Metatime co-founder and CEO Yusuf Sevim said Yildiz invested $150,000 for a 1% stake in Metatime. The rest of the funding — $11 million — was provided by angel investors in a tok...

According to Huobi official news, Huobi announced that it will jointly launch the Dominica Metaverse Bound Token DMBT (Dominica Metaverse Bound Token, DMBT for short) authorized by the government of Dominica with TRON and DMC Labs. The Web3.0 world is trying and expanding more deeply. DMBT is used to prove that the holder is a verified Dominica Metaverse Digital Citizen (DMDC), which is non-transferable, cancelable, and unique. According to the announcement, users who complete Huobi KYC-L3 id...

According to Huobi official news, Huobi announced that it will jointly launch the Dominica Metaverse Bound Token DMBT (Dominica Metaverse Bound Token, DMBT for short) authorized by the government of Dominica with TRON and DMC Labs. The Web3.0 world is trying and expanding more deeply. DMBT is used to prove that the holder is a verified Dominica Metaverse Digital Citizen (DMDC), which is non-transferable, cancelable, and unique. According to the announcement, users who complete Huobi KYC-L3 id...