The United States’ national debt has passed $30 trillion — and even all the Bitcoin (BTC) in the world would hardly touch it.According to the latest official statistics, U.S. national debt is at levels never seen before, passing the psychological $30-trillion barrier for the first time this week.Bitcoin is worth less than 3% of U.S. national debtAfter two years of liquidity injections fuelled by issuing even more debt, the Federal Reserve is attempting to rein in what has become a practically incomprehensibly large debt burden.$30 trillion — $30,000,000,000 — is a number so vast that it makes even the entire…
Author: mex
Financial Minister Nirmala Sitharaman, on February 1, presented the Union Budget 2022-23 worth Rs 39.45 lakh crore, which would be used in many new sectors such as Gaming and Mental health, and in enhancing the existing ones such as Education and Farming. Among these announcements, what has emerged as a hot topic among the public is the future of cryptocurrencies. In her speech, Finance Minister Sitharaman had announced that the Centre would impose a 30% tax on cryptocurrencies, and she also introduced the digital currency to be issued by the Reserve Bank of India (RBI). Bitcoin, NFTs will ‘never become a legal tender’:…
FRONT PAGE Budget’s big push: Govt capital expenditure up 27% over last year Syllabus: Preliminary Examination: Economic and Social Development Main Examination: General Studies III: Government Budgeting Key Points to Ponder: • Annual Financial Statement (AFS) or Union Budget and Article 112 of the Indian Constitution • Department of Economic Affairs-Role, Under which Ministry? • What are the three major components of Budget? • The budget consists of two types of expenditure—the expenditure ‘charged’ upon the Consolidated Fund of India andthe expenditure ‘made’ from the Consolidated Fund of India, what are the ‘Charged’ and ‘made’ Expenditure? • The budget goes…
Editorial IndependenceWe want to help you make more informed decisions. Some links on this page — clearly marked — may take you to a partner website and may result in us earning a referral commission. For more information, see How We Make Money.Cryptocurrencies are starting to stabilize after falling significantly in January, and some experts expect prices to go back up. The million-dollar question is when. “As for the Bitcoin price drop, it has been pretty cyclical. It’ll be back up,” says Chris Chen, CFP of Insight Financial Strategists in Newton, Massachusetts. The week of Jan. 23 was the crypto market’s worst…
Crypto regulation will likely be a topic that stays with investors over the next year. Recent news suggests the government is finally taking a serious interest in the space and will be putting effort into crafting regulatory policies for it. The move is a long expected one that sees the U.S. following in the footsteps of other global powers. Certainly, two nations that will have a lot of influence on incoming American policy are Russia and India. As both of these nations continue crafting their own policies, they will have some influence on what Congress and President Joe Biden’s administration…
Several financial institutions have had a complicated relationship with the cryptocurrency since Bitcoin emerged to take centerstage in the global economy. Over the years, however, BTC has been fairly successful in fostering institutional adoption across the globe. Even so, one thing remains constant – The legal and regulatory framework around Bitcoin. Holding Bitcoin? The same was the topic of discussion during the latest edition of ‘Bitcoin for Corporations 2022.’ During the same, a panel of experts from MicroStrategy and Deloitte discussed holding Bitcoin on balance sheets. Bitcoin and other digital assets have generally been in the news a lot over…
Boisterous Group Refused Flight Home After Partying Maskless Onboard | PEOPLE.com Skip to content Top Navigation Close this dialog window Explore PEOPLE.com Close this dialog window Share & More Close this dialog window View image Canadian Influencers Who Partied Maskless on Plane Stuck in Mexico After Airlines Refuse to Fly Them this link is to an external site that may or may not meet accessibility guidelines.
KuCoin News has today released a free report on the Binance Cryptocurrency Exchange and Digital Marketplace titled “Binance Exchange 2022 Crypto Marketplace Report For Beginners Released.” For those interested in reading and copying the report at no cost, it is currently available at https://kucoinnews.com Wilmington, United States – February 2, 2022 — KuCoin News has today made available and at no cost to the reader, a free comprehensive report on the Binance Cryptocurrency Exchange and Digital Marketplace titled: “Binance Exchange 2022 Crypto Marketplace Report For Beginners Released”. The report has two key aims, written mostly to be relevant to Bitcoin…
According to security researcher 3xp0rt, Mars stealer is an advanced upgrade of the 2019 Oski Trojan and can loot cryptocurrency stored in people’s wallets by attacking the wallets’ browser extensions. New malware is attacking browser-based crypto wallets According to 3xp0rt, Mars Stealer is powerful malware that attacks 40+ browser-based wallets by carefully navigating through the wallet’s security features such as two-factor authentication with the help of a grabber function that steals private keys of a user’s wallet. The official blog post stated:“Mars Stealer written in ASM/C with using WinApi, weight is 95 kb. Uses special techniques to hide WinApi calls, encrypts strings, collects…
At the start of February, government tax updates continue to hit the crypto news wires. The U.S, Thailand and India have recently been in the news, as governments pay greater attention to digital assets. The U.S, Thailand, and India Take Different Positions on Digital Assets This week, the Indian government announced plans to roll out a 30% crypto tax. The news of the imminent taxation of cryptos led to a surge in crypto trading in the country. Market reaction to the news suggested that the investors were maneuvering ahead of the rollout rather than considering the tax a positive. By…