IMF Warns of Dangers of Fed’s Rate Rise, Brazil Says Inflation ‘Won’t Be Temporary in West’

Kristalina Georgieva. Source: IMF /YouTube Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), has warned that the Federal Reserve (Fed)’s next interest rate hike could “throw cold water on nations with high levels of dollar debt” – and their recovery from the COVID-19 pandemic’s economic fallout. Georgieva was speaking at an event … Read more

Misleading Memo for US House Hearing on Bitcoin & Ethereum Mining Includes ‘Basic Errors’

Source: Adobe/greenbelka A hearing on crypto mining scheduled to take place in the US House of Representatives Committee on Energy & Commerce this week is already raising alarms in the crypto industry as a pre-published memo revealed what some called “basic errors” in lawmakers’ understanding of the field. The hearing, titled Cleaning Up Cryptocurrency: The … Read more

Proof-of-work Hearing, Robinhood on Crypto Investments, 55 ‘Rug-Potentials’ + More News

Source: Adobe/New Africa Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Regulation news The United States House Committee on Energy and Commerce announced a hearing on the crypto industry’s energy consumption, which will take place on Thursday, January 20, 2022. … Read more