Cryptocurrency effect on Russian Economic Sanctions International economic sanctions are always proven to be a stumbling block. However, this time sanctions are dealing with crypto, which is new technical economy. Many nations around the world have imposed sanctions on Russia as a result of its invasion of Ukraine, and Russia is turning to cryptocurrencies to deal with the penalties. As a result, economic sanctions are having little impact on Russia. El Salvador Example When…
@Yugocean in April 2022
Controversial questions over bored ape NFT hack incident Bored Ape Yatch Club NFT hack episode has raised questions on social media and digital business around the world. The Incident On 1 April 2022, a scammer hacked Taiwanese pop star Jay Chou's NFT collection on 1st April, and unabated put them up for resale. The stolen NFT of bored ape yacht club was successfully sold for 164 Ethereum on 6th April. Controversies Erupted After the incident, several controversies are…
Bitcoin vs CBDC politics in Mexico Senator Indira Kempis, who has advocated for making "Bitcoin" legal tender in Mexico, has instead drafted the bill to create a Central Bank Digital Currency (CBDC), this has brought uproar in Mexico. Senator Kempis' Argument CBDCs are thought to be against Bitcoin's principles, therefore Indra Kempis' move has enraged Bitcoin supporters in Mexico. Kempis, on the other hand, claiming CBDC as a crucial step in the recognition of bitcoin.…
Tesla's Cryptocurrrncy Assets of 2021-22 Tesla, Elon Musk's electric car company, owns multiple cryptocurrencies, the most popular of which are Bitcoin (BTC), Dogecoin (DOGE), and Ethereum (ETH) (ETH). The Telsa Treasury Tesla revealed its earnings reports for the first quarter of 2022 on Wednesday, April 20th, 2022. Tesla's revenue has climbed by more than 80%, and its earnings have increased by more than six times in just the first quarter of this year. Aside from that, it…
Elon Musk Effects on Twitter Ownership Elon Musk, the world's richest man, has officially purchased Twitter, the world's most popular microblogging network, for $44 billion. Controversial Owner Musk's bid to purchase Twitter had lately sparked debate in the cyber world; however, Musk paid a price that was several times higher than the market price, which looked ridiculous to refuse. Finally, on April 25-26, 2022, Musk purchased Twitter. Mixed Effect Musk's purchase of…
Freedom of Speech is the new debate on Twitter There has been an outcry on Twitter concerning "Freedom of Speech" since Elon Must became the owner of Twitter. In several of his prior tweets, Musk has called for free expression; nevertheless, the basis of free speech is unclear. Scope of the Freedom Of Speech People are wondering about the limits of free expression, which has sparked a conversation based on mutual understanding and maturity. ● Blamphasy is not considered part…
Ethereum founder Vitalik Buterin not amused with sanctions on Russia Vitalik Buterin, the co-founder of Ethereum, has been speaking out against the rising sanctions on Russia, and his heart is finally coming to the fore. Vitalik has criticised Putin's and the Russian military's conduct in Ukraine on numerous occasions. Vitalik has also contributed huge numbers of Ethereum worth millions of dollars to Ukraine's financial relief. However, he is now suffering from an…