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Showing posts from December 16, 2022

Brazil Could Launch Its Defi-Integrated Digital Real in 2024

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Roberto Campos Neto, president of the Central Bank of Brazil, has stated that the digital real project, the Brazilian central bank digital currency (CBDC) could be launched in 2024. Campos Neto also remarked on the benefits the digital currency system might bring as it is integrated with traditional finance structures and decentralized finance (defi) institutions. Digital Real Might Be Ready in 2024, According to Roberto Campos Neto Brazil is one of the countries that has made significant advancements in the field of central bank digital currency (CBDC) in the last year. While there is currently no official date for the issuance of the digital real, Roberto Campos Neto, president of the Central Bank of Brazil, has hinted at a possible launch of the currency in 2024. At a Dec. 13 event, Campos Neto stated : In 2024, I would like to have a release. There are still many challenges to reach this schedule, but this is our vision, our goal. Campos Neto considers this to be possible i

Big Short Investor Michael Burry Says Audits of Crypto Exchanges Like Binance and FTX Are ‘Meaningless’

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Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, says the problem with auditing cryptocurrency exchanges, like Binance and FTX, is the same as when he started using a new kind of credit default swap. “Our auditors were learning on the job,” he described, adding that it’s “not a good thing.” Michael Burry on Audits of Crypto Firms Famous investor and founder of investment firm Scion Asset Management, Michael Burry, said Friday that proof-of-reserves (POR) audits of cryptocurrency exchanges, including Binance and the collapsed exchange FTX, are meaningless. Burry is best known for being the first investor to foresee and profit from the U.S. subprime mortgage crisis that occurred between 2007 and 2010. He is profiled in “The Big Short,” a book by Michael Lewis about the mortgage crisis, which was made into a movie starring Christian Bale. Commenting on accounting firm Mazars Group halting proof-of-reserves audits for crypto companies, Burry tweeted:

Hal Finney’s Wife Fran Activates Her Husband’s Twitter Account to Protect It From ‘Being Purged’ by Elon Musk

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Roughly seven days ago the owner of Twitter, Elon Musk, disclosed that the social media platform planned to purge 1.5 billion Twitter names if they were inactive or the accounts haven’t logged in for years. After the statement, bitcoiners grew concerned that the now-deceased computer scientist Hal Finney’s Twitter account would be terminated. It seems that since then, Finney’s wife Fran Finney has taken over Hal’s social media account in hopes Musk won’t purge her husbands account. Fran Finney Has Control of Hal’s Twitter Account — Says She Activated It to Protect the Account From Elon Musk’s Inactive Twitter Account Purge On Dec. 16, 2022, the bitcoin supporter Jameson Lopp tweeted an alert letting people know that Hal Finney’s Twitter account — @halfin — was now active. “ALERT,” Lopp said. “Someone has taken control of Hal’s Twitter account. Consider that we don’t know the intentions of the new owner; it could be compromised.” Lopp’s tweet got a reply from the @halfin Twitter ac

NFT Sale Starts December 17, 00:00(EST) | Check out the New KV and Sale Information | Entertainment DAO Project ‘SUPER SAPIENSS’ by Three Directors Representing Japan

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PRESS RELEASE. Financie Inc. pleased to announce that the “SUPER SAPIENSS NFT” sales conducted by “SUPER SAPIENSS”, an entertainment DAO project active on FiNANCiE. Sale Details PreSale of SUPER SAPIENSS NFT The sales of SUPER SAPIENSS NFT will be conducted in order of Presale and Public Sale. The date and number of sales depend on the sales format. In terms of presale (website to mint), only holders of Allow List (AL: the right to join the presale) can join. Regardless of the sales format, please prepare for a crypto wallet and GAS fee in advance. The team will post the latest information about NFT on Twitter and Discord: ・SUPER SAPIENSS NFT Twitter: https://twitter.com/supersapi_nft ・SUPER SAPIENSS NFT Discord: https://discord.gg/Y66ngZPZ8J The first sales in Presale (website to mint) Outline: How to buy the NFTs for only 1,093 designated holders of Allow List on the website to mint Period: Dec 17 (Sat) 00:00 ~ Dec 17 (Sat) 23:30 EST Number: 5,465 units (Maximumly 5