Daily Breakdown

The ever-evolving concept of money has been a subject of intense debate across various fields. Recently, a significant discussion unfolded on Twitter, bringing together two different worlds: anthropology and economics. The central figures in this debate were anthropologist David Graeber and economist Nick Szabo, each championing a distinct viewpoint on the origins and nature of […]

TL;DR: OpenAI’s board has ousted CEO Sam Altman, citing concerns over his lack of transparency and candor with the board. CTO Mira Murati will take over as interim CEO. A New Direction In a startling move, the board of directors at OpenAI has removed Sam Altman from his position as chief executive officer. Citing “a

A glimpse into today’s crypto world reveals significant developments: Vivek Ramaswamy’s new crypto policy, BlackRock’s venture into Ether ETFs, and Solana’s surge following Cathie Wood’s endorsement. Vivek Ramaswamy and the Crypto Freedom Agenda Republican Presidential Hopeful Embraces Crypto: Vivek Ramaswamy, a U.S. Presidential candidate, recently presented his “The Three Freedoms of Crypto” policy, advocating for

The Philippines is setting a precedent in the digital currency realm. The planned issuance of $180 million in tokenized bonds by the Bureau of Treasury (BTr) is a groundbreaking initiative, showcasing the country’s commitment to leveraging modern technology in financial operations. These tokenized bonds, which are to be offered to institutional investors, represent a significant

In a world where money, once a powerful tool for cooperation and trade, has become entangled in corruption, inequality, and conflict, Bitcoin emerges as a beacon of hope. Offering an alternative to state-controlled currencies, Bitcoin presents itself as an incorruptible form of money with the potential to reshape our economic landscape. The Origin of Knowledge

TL;DR: A flurry of crypto events unfolded today, with Disney and Dapper Labs teaming up for the “Disney Pinnacle” NFT platform, FTX and BlockFi getting the nod for claims settlement negotiations, and a BlackRock XRP trust hoax causing a price rollercoaster for XRP. Let’s delve into the details. Disney Pinnacle: NFT Magic Meets Reality  In

TL;DR: Cash is losing its dominance globally, with cashless payments becoming more popular. The shift, driven by convenience, also raises concerns about the potential loss of financial freedom. In this article, we explore the concept of a cashless society, its historical roots, and the forces pushing for its adoption. We delve into the varying degrees

TL;DR: In this analysis, we explore recent developments in the cryptocurrency space, focusing on congressional discussions, skepticism around Bitcoin ETFs, and the emergence of tokenized treasuries. We also delve into a groundbreaking project, Midas, which introduces a stablecoin backed by US treasuries with potential yield gains. The collaboration involves major players like Circle and BlackRock,

CBOE to Launch Bitcoin and Ethereum Margin Futures Trading Cboe Digital announced plans to begin Bitcoin margin futures trading on January 11, 2024, making it the first US crypto-native exchange to offer both spot and leveraged derivatives trading on one platform. This is a major milestone for institutional adoption of crypto derivatives. Allowing direct access

In the latest episode of the regulatory saga, Senator Elizabeth Warren has taken center stage, championing a call to ban private cryptocurrency wallets. This move has sparked intense debates within the crypto community, raising concerns about the potential erosion of individual financial autonomy. Warren’s Stance: A Stricter Regulatory Approach Senator Warren’s advocacy for banning private