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2023-03-10 10:54:58 The global money supply M2 is currently contracting, marking the fifth time this has happened in the past 150 years. Each of the previous four instances resulted in economic depressions and double-digit unemployment rates. Buka / Bagaimana

2023-03-10 10:48:59 Amazon is planning to give its customers the ability to purchase NFTs tied to real-world assets that are delivered to their doorstep.

For instance, shoppers would be able to purchase a fashion-oriented NFT tied to a pair of jeans and pay with a credit card.

The feature is estimated to be released on April 24 for US customers only, for the time being. Buka / Bagaimana

2023-03-10 10:43:09 The central bank of Ukraine has stated that cryptocurrencies pose a threat to the country's macro-financial stability during the ongoing war.

As a result, it will take a strong position by allowing only Ukrainian hryvnia as the legal means of payment in Ukraine.

However, the bank has promised to continue developing technological innovations related to virtual assets after the war, as it sees great potential associated with crypto. Buka / Bagaimana

2023-02-27 22:37:04 This week's crypto market highlights:

Regulators ignored Kraken CEO's fraud warnings
FTX Japan will resume crypto and fiat withdrawals
Two thirds of Telo subscribers do not agree with US SEC's crypto crackdown
Stablecoins are a small portion of the global currency circulation, do not meet global financial standards, should not be granted legal tender status
Average retail crypto investor lost half of their investments
China informally supports Hong Kong's crypto initiatives
Bitcoin whale numbers dropped to a minimum since 2019
Mormon Church hid $23bn in assets
IEX and Coinbase discuss creating a federal crypto exchange
Multiple countries test CBDC's
Dormant wallets with 20% of TON supply voted to be frozen
EU won't ban anonymous wallets
Concerns raised about Ethereum's decentralization
Gensler believes Ethereum could be a security
US Bitcoin hourly volumes dominate over Asian
TON ranked 29th most influential blockchain Buka / Bagaimana

2023-02-23 09:13:51 COINBASE - 2.23.23

JUST IN: Coinbase just released a teaser via Twitter with no explanation. The video is a blue circle with a date set for February 23, 2023. The crypto community thinks it may be related to Coinbase NFTs.

Stay tuned for the reveal. Buka / Bagaimana

2023-02-21 00:06:12 SEC's Crypto Crackdown. Is it wartime?
Recently, US SEC has been taking actions against crypto exchanges and companies. It's gone after big names like Gemini, Kraken, Paxos, Binance, and Terraform Labs.

We asked Telo subscribers and 67% of the respondents said they don't agree with the SEC's actions against Kraken. Buka / Bagaimana

2023-02-17 19:58:43 The SEC claimed that Do Kwon transferred more than 10,000 Bitcoin from Terraform and other accounts to a wallet that is not hosted on any exchange.

He has been periodically transferring Bitcoin from the wallet to a Swiss bank, and have then converted it into cash. More than $100m in cash had been withdrawn from the bank since June 2022. Buka / Bagaimana

2023-02-10 20:27:17 Coinbase’s shares fell 14%, the most since July, as SEC cracks down on crypto staking
In response to Kraken’s settlement, Coinbase’s chief legal officer said the company’s on-chain staking services are “fundamentally different” and that “Coinbase’s staking program is not affected by today’s news.” Buka / Bagaimana

2023-02-10 00:22:05 Tether reported a $700m 2023Q4 net profit. The company's CTO said, “After a tumultuous end to 2022, Tether has once again proven its stability, its resilience, and its ability to handle bear markets and black swan events, setting itself apart from the bad actors of the industry.” Buka / Bagaimana

2023-02-09 03:54:55 According to the Coinbase CEO, there are rumours that the SEC would like to get rid of crypto staking in the U.S. for retail customers. Brian Armstrong tweeted, “I hope that's not the case as I believe it would be a terrible path for the U.S. if that was allowed to happen.” Buka / Bagaimana