Media mogul Steve Forbes, chairman of Forbes Media, has warned that the Federal Reserve is “inflicting unnecessary pain” on the U.S. economy with its interest rate hikes after Fed Chair Jerome Powell ...
Tag: Unnecessary
A U.S. CBDC is Unnecessary, Stablecoins Offer Real Utility
Speaking at a security symposium at Harvard University, Fed Governor Christopher A. Waller maintains that the U.S. dollar can survive without a Central Bank Digital Currency (CBDC). Waller argues that...
SEC Chair Making Unnecessary Mess With Crypto?
The U.S SEC recently launched investigations over digital assets companies have raised questions over its approach towards the industry. Experts suggest that the Commission’s Chair has too much on his...
Crypto Winter ‘Weeded out’ Unnecessary Market Participants
The American rapper Calvin Cordozar Broadus Jr. (better known as Snoop Dogg) believes the ongoing crypto bear market eliminated those individuals who were “abusing the opportunities” in the space. He ...
Microstrategy Debunks Margin Call Rumor — Says Bitcoin Liquidation Unnecessary Even if BTC Falls Below $3,562 – Featured Bitcoin News
The CEO of the Nasdaq-listed software company Microstrategy has debunked the rumor that his company is facing a margin call for a bitcoin-backed loan and will be forced to sell some coins. If the pric...
U.S. faces unnecessary deaths if Congress fails to pass funding bill
Top U.S. health officials on Wednesday reiterated their calls for Congress to pass funding for the nation’s fight against Covid-19, warning that failure to act now would result in an unnecessary...
BAYC Otherside sales cost an unnecessary $100M in gas fees due to badly optimized code
Syndicate DAO co-founder Will Papper said on May 1 that inefficiencies in the Yuga Labs Otherside land sale caused $100 million to be needlessly wasted on gas fees. In a Twitter thread, Papper explain...
Londoners should avoid unnecessary car journeys after pollution alert
The Mayor of London, Sadiq Khan, has issued a high pollution alert for the U.K. capital. Andrew Holt | Photolibrary | Getty Images LONDON — Mayor of London Sadiq Khan has issued a high pollution alert...
Unnecessary Pain From Powell
Federal Reserve Chair Jerome Powell has let the cat out of the bag: Our central bank believes that the best way to fight inflation is by deliberately slowing the economy, hence, the raising of interes...