#financial-system

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#cryptocurrency

Can Cryptocurrency Enable a Stateless, Global Economy? | HackerNoon

Bitcoin started as a revolutionary idea for a decentralized, state-free financial system, but the journey has faced disillusionment and challenges against its original vision.

The Great Hijacking of the Bitcoin Revolution Has Begun | HackerNoon

Bitcoin was designed as a peer-to-peer cash system, not merely a store of value.

Asia's Wild West nature spurs its fintech surge-but Binance's CEO thinks Western companies will still have an 'outsized say' in the financial system

Western firms will benefit most from the growth of the financial system, despite Asia being a major driver of that growth.

Willem Schroe: Building Botanix, a Bitcoin Layer 2 That Brings the EVM to Bitcoin

Schroé is building a Layer 2 on Bitcoin network driven by the inspiration of botanics book received at a young age.

Can Cryptocurrency Enable a Stateless, Global Economy? | HackerNoon

Bitcoin started as a revolutionary idea for a decentralized, state-free financial system, but the journey has faced disillusionment and challenges against its original vision.

The Great Hijacking of the Bitcoin Revolution Has Begun | HackerNoon

Bitcoin was designed as a peer-to-peer cash system, not merely a store of value.

Asia's Wild West nature spurs its fintech surge-but Binance's CEO thinks Western companies will still have an 'outsized say' in the financial system

Western firms will benefit most from the growth of the financial system, despite Asia being a major driver of that growth.

Willem Schroe: Building Botanix, a Bitcoin Layer 2 That Brings the EVM to Bitcoin

Schroé is building a Layer 2 on Bitcoin network driven by the inspiration of botanics book received at a young age.
morecryptocurrency

Russia is about to face the moment of truth on an economic lifeline from China

U.S. sanctions threaten yuan liquidity for Russian businesses reliant on trade with China post-Ukraine invasion. Potential supply shortages loom after October 12.

China laments 'garbage time of history' as economy comes off peak and growth model hits dead end, expert says

China's economic outlook has worsened, leading to public despair and concerns over a structural slowdown rather than just cyclical issues.

Celia Cruz Just Became the First Afro-Latina on a U.S. Quarter - Here's Why This Crucial Moment Matters for Women Entrepreneurs. | Entrepreneur

Celia Cruz's quarter symbolizes recognition of Afro-Latinx identity and encourages representation in the economic landscape.
#risks

What's Behind All the Stock Market Drama?

The interconnectedness of global pillars through the financial system leads to wild market swings, influenced by factors like the American labor market, Fed's interest rate decisions, and technical reasons.

Yellen Says Stable Financial System Is Key to U.S. Economic Strength

Treasury Secretary Janet Yellen emphasizes the need to safeguard the financial system from potential risks to preserve economic gains.
The Financial Stability Oversight Council, led by Yellen, is reviewing its methods of tracking and responding to risks.
Bank failures last year highlighted the need for better protection of customer deposits and stronger bank regulation.

What's Behind All the Stock Market Drama?

The interconnectedness of global pillars through the financial system leads to wild market swings, influenced by factors like the American labor market, Fed's interest rate decisions, and technical reasons.

Yellen Says Stable Financial System Is Key to U.S. Economic Strength

Treasury Secretary Janet Yellen emphasizes the need to safeguard the financial system from potential risks to preserve economic gains.
The Financial Stability Oversight Council, led by Yellen, is reviewing its methods of tracking and responding to risks.
Bank failures last year highlighted the need for better protection of customer deposits and stronger bank regulation.
morerisks
#bitcoin

Bitcoin Became Something Its Biggest Boosters Never Imagined

Bitcoin's correlation with stocks is increasing, challenging its initial proposition of decentralization.

Liberty Doesn't Ask For Permission

Bitcoin emerged from systemic issues in the financial sector, similar to the struggles that led to the creation of the United States.

SEC's Approval of Bitcoin Markets May Set the Stage for Financial Disaster

The neoliberal financial system is dominated by megabanks and shadow financial institutions, leading to increased inequality and reliance on government bailouts.
The approval of bitcoin exchange-traded funds by the SEC could have significant impact on the global money system but also poses the risk of another financial crisis.

Bitcoin and Biodiversity in the Cannabis Industry

Bitcoin can protect biodiversity the agricultural sector against concentration of power and money, and a broken legacy financial system.

Bitcoin Became Something Its Biggest Boosters Never Imagined

Bitcoin's correlation with stocks is increasing, challenging its initial proposition of decentralization.

Liberty Doesn't Ask For Permission

Bitcoin emerged from systemic issues in the financial sector, similar to the struggles that led to the creation of the United States.

SEC's Approval of Bitcoin Markets May Set the Stage for Financial Disaster

The neoliberal financial system is dominated by megabanks and shadow financial institutions, leading to increased inequality and reliance on government bailouts.
The approval of bitcoin exchange-traded funds by the SEC could have significant impact on the global money system but also poses the risk of another financial crisis.

Bitcoin and Biodiversity in the Cannabis Industry

Bitcoin can protect biodiversity the agricultural sector against concentration of power and money, and a broken legacy financial system.
morebitcoin

How Climate Disasters Could Destabilize Major Banks

A major hurricane in the Northeast U.S. could lead to bank loan defaults due to climate change impacts, as analyzed by the Federal Reserve and six largest U.S. investment banks.
#premier-league

Prem Lge clubs to prioritise new financial system

Premier League clubs prioritize new financial system development.
No agreement reached during Premier League shareholders' meeting for a new financial settlement.

Charlton chief accuses Palace and West Ham of delaying Premier League-EFL deal - Soccer News

Crystal Palace and West Ham criticized for stalling Premier League and EFL deal
Focus on overhauling Premier League financial system instead of current rules

Prem Lge clubs to prioritise new financial system

Premier League clubs prioritize new financial system development.
No agreement reached during Premier League shareholders' meeting for a new financial settlement.

Charlton chief accuses Palace and West Ham of delaying Premier League-EFL deal - Soccer News

Crystal Palace and West Ham criticized for stalling Premier League and EFL deal
Focus on overhauling Premier League financial system instead of current rules
morepremier-league

A Bitcoin ETF Will Never Be Your Bitcoin

Bitcoin ETFs provide exposure to the price of Bitcoin but do not allow investors to truly own the asset.
Bitcoin ETFs reintroduce counterparty risks and rely on outdated financial systems.

China Evergrande, World's Most-Indebted Property Developer, Ordered to Liquidate

China Evergrande Group has been ordered to be liquidated by a Hong Kong court, marking a significant development in China's real estate crisis.
The liquidation order is expected to have ripple effects in China's financial system and could further worsen the ongoing stock market rout.

The Morning Ledger: SEC Wants Some Banks to Disclose More on Commercial Real-Estate Exposure

The Securities and Exchange Commission is questioning community and regional banks about their exposure to commercial real estate, as potential losses on the loans could lead to further cut lending.
Banks are facing scrutiny around the effects of the commercial real estate credit crunch, which threatens the financial system.

Not that difficult' to get on property ladder, NatWest chief claims risking backlash from young Londoners

Bank chief Sir Howard Davies claims getting on the housing ladder is not that difficult and that prospective buyers just need to save.
Sir Howard Davies acknowledges that people may need to save more, but believes this is inherent in the changes made to the financial system after the global financial crisis.
Financial Times @ft: US highlights AI as risk to financial system for first time - Al Jazeera. #industry40 #aiact #GenAI https://t.co/BY9ep3O7Uc

US highlights AI as risk to financial system for first time

Financial regulators in the United States have named artificial intelligence (AI) as a risk to the financial system.
The Financial Stability Oversight Council (FSOC) says the growing use of AI in financial services introduces safety-and-soundness risks.

US highlights AI as risk to financial system for first time

Financial regulators in the United States have named artificial intelligence (AI) as a risk to the financial system.
The Financial Stability Oversight Council (FSOC) says the growing use of AI in financial services introduces safety-and-soundness risks.
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