samhteni0

@samhteni0

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My dog got in trouble today. Lesson learned? Probably not. But still cute.

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Discussing Farcaster on Farcaster—how meta is that? 🤯

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Nvidia founder and CEO Jensen Huang said on an earnings call that the earnings uptick was thanks to “amazing” demand for its microchip Blackwell — designed for AI, machine learning and high-performance computing.

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Zacks Investment Research said Wall Street revenue estimates pegged revenue at only $37.72 billion, while earnings per share of 89 cents beat expectations of 84 cents.

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Metaplanet, however, noted that its “BTC Yield” — the period-to-period percentage change in the ratio between a company’s Bitcoin holdings and its diluted shares — is up 23.3% this quarter — putting it on track to reach its 35% target per quarter for Q1.

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According to Meir Dolev, co-founder and chief technical officer at Cyvers, the attack shares similarities with the $230 million WazirX hack and the $58 million Radiant Capital hack.

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In places like Brazil, a Latin American powerhouse with a population of 216 million and a $2.2 trillion GDP, the use of stablecoins has surged wildly in recent years, its central bank governor Gabriel Galipodo said. As much as 90% of the entire crypto flow is linked to stablecoins, the economist said while speaking at a Bank for International Settlements event in Mexico City on Feb. 6.

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In contrast, the US and North America have the lowest adoption rate for stablecoins in North America, though it still holds a notable share.

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Seen as a store of value, a hedge against inflation, and a tool for cross-border transactions, stablecoins have gained significant traction in emerging markets. A recent Chainalysis report found that in regions like Africa, Eastern Europe, Latin America, and Asia, stablecoin adoption far outpaces that of Bitcoin, accounting for nearly half of all crypto transactions in some cases.

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“While they initially emerged as a crypto-native collateral type and settlement medium for traders and exchanges, they have crossed the chasm and have found wide adoption globally in the ordinary economy,“ it was argued in the report.

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Unconstrained by a peg to an underlying, supply-capped asset, the United States national debt surpassed $36 trillion in the ensuing decades.

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At the time, Nixon claimed suspending the gold standard was a temporary measure and a way to stabilize the dollar in global currency exchange markets.

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In 1971, former United States President Richard Nixon ended the gold standard — removing the US dollar's peg to gold and its convertibility to the underlying precious metal.

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Changes in fiscal policy can drive corresponding changes in monetary policy and vice versa.

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Fiscal policy — the budgetary decisions made by governments — and monetary policy — decisions made by the Federal Reserve that affect the money supply via changes in the interest rate and money printing are closely related.

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The potential of onchain tracking of government spending sparked an online discussion and garnered the support of small-government and sound money advocates calling for fiscal accountability and transparency.

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CZ chimed in following reports of Elon Musk and the Department of Government Efficiency (DOGE) exploring blockchain to track government spending and reduce the federal deficit in the United States. CZ wrote in a Jan. 25 X post:

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Binance co-founder Changpeng Zhao (CZ) echoed calls for government transparency by bringing all public spending onchain in every country.

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Following the initial reports, Binance co-founder Changpeng Zhao (CZ) echoed calls to track government spending onchain and said that all government spending in every country should be on a public ledger.

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Sources say that personnel associated with the DOGE have met with representatives from several public blockchain networks to discuss potential implementations of blockchain in the US government's operations.

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