biden, china, chinese media, crypto crime, cryptography, dollar hegemony, eth merge, eth proof of work, ethereumfair, ethw, inflation, prosecutor's, quantum computing, the merge

With the Ethereum Merge event now successfully completed, new proof-of-work (PoW) forks have emerged to vie for miner acceptance. This, as the United States government, has warned that the post-quantum world is getting closer, and vulnerable cryptography will need to be protected. Amidst red hot inflation in the U.S., President Joe Biden notes that gas prices have fallen, but doesn’t mention the 190 million barrels that have been tapped from the U.S. Strategic Petroleum Reserve to address the issue. Though U.S. inflation is high, the greenback is gaining great power against other world currencies, and Chinese state-backed media says this “might be the beginning of another nightmare” for “many countries in the world.” All this and more in this week’s Bitcoin.com News Week in Review.

biden, china, chinese media, crypto crime, cryptography, dollar hegemony, eth merge, eth proof of work, ethereumfair, ethw, inflation, prosecutor's, quantum computing, the merge

Ethereum’s Merge Gave Birth to 2 Forks — Newly Launched Ethereumfair Gathers USD Value and Hashpower

Following Ethereum’s Merge, a number of cryptocurrency community members have been discussing the proof-of-work (PoW) fork called ETHW as it has dropped significantly in value recently. However, a lot of people are unaware that there’s another Ethereum-based PoW fork called ethereumfair (ETF), and ETF has gathered a small amount of hashrate and fiat value since the token’s mainnet launch.

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biden, china, chinese media, crypto crime, cryptography, dollar hegemony, eth merge, eth proof of work, ethereumfair, ethw, inflation, prosecutor's, quantum computing, the merge

Bitcoin vs. Quantum Computers: US Government Says Post-Quantum World Is Getting Closer, CISA Warns Contemporary Encryption Could Break

According to the U.S. Cybersecurity and Infrastructure Security Agency (CISA), while quantum computers are incapable of breaking public key encryption algorithms, public and private entities need to prepare for future threats against cryptography that is not quantum resistant.

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biden, china, chinese media, crypto crime, cryptography, dollar hegemony, eth merge, eth proof of work, ethereumfair, ethw, inflation, prosecutor's, quantum computing, the merge

As Biden Drains the SPR Down to 1984 Levels, Chinese State Media Claims US Dollar ‘Is Once Again the World’s Problem’

U.S. president Joe Biden was recently criticized for claiming inflation in America hasn’t increased during the past few months, while the U.S. Dollar Index (DXY) crept up to the 110.776 region. Meanwhile, a recent report published by CCP-backed Global Times is pressing for de-dollarization as the U.S. dollar’s rise “might be the beginning of another nightmare” for “many countries in the world.”

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biden, china, chinese media, crypto crime, cryptography, dollar hegemony, eth merge, eth proof of work, ethereumfair, ethw, inflation, prosecutor's, quantum computing, the merge

DOJ Launches Network of Over 150 Federal Prosecutors to Combat Criminal Uses of Crypto

The U.S. Department of Justice (DOJ) has established the nationwide Digital Asset Coordinator Network of over 150 federal prosecutors. The authority explained that the new network will further its “efforts to combat the growing threat posed by the illicit use of digital assets to the American public.”

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Uzbekistan Approves Rules for Issuance and Circulation of Crypto Assets

The authority responsible for crypto oversight in Uzbekistan has determined the order of issuing and circulating digital assets in the country. The main reason behind the move is to establish a mechanism that would allow local companies to attract capital through coins and tokens. Uzbekistan Government Sets Out to ...

View more: Uzbekistan Approves Rules for Issuance and Circulation of Crypto Assets

Football Fever Is Infecting DeFi Project With Excitement

press release PRESS RELEASE. Doha, Qatar: For the next couple of weeks, over a billion people are glued to the TV every day watching players of their favorite team working brilliantly together to win the ultimate prize. What’s really different this time around is how much crypto plays a ...

View more: Football Fever Is Infecting DeFi Project With Excitement

US Lawmakers Say Any Digital Dollar Must Be Open, Permissionless, and Private

Nine U.S. lawmakers have raised concerns regarding the U.S. central bank digital currency project led by the Federal Reserve Bank of Boston. The lawmakers stressed: “Any U.S. CBDC must be open, permissionless, and private.” Congressmen Say Any US CBDC Must Be Open, Permissionless, and Private U.S. Congressman Tom Emmer ...

View more: US Lawmakers Say Any Digital Dollar Must Be Open, Permissionless, and Private

Apple Will Ship Fewer iPhone 14 Pro Devices than Expected

Disruptions in Apple’s iPhone 14 Pro production mean the company will ship fewer units in Q4 than first predicted.

View more: Apple Will Ship Fewer iPhone 14 Pro Devices than Expected

US Senator: Bitcoin Is a Commodity — 'There Is No Dispute About This'

U.S. Senator John Boozman says bitcoin, although a cryptocurrency, is a commodity in the eyes of the federal courts and the Securities and Exchange Commission (SEC) chairman. He stressed that exchanges where commodities are traded, including bitcoin, must be regulated and the Commodity Futures Trading Commission (CFTC) is the ...

View more: US Senator: Bitcoin Is a Commodity — 'There Is No Dispute About This'

Inside LBank’s Exquisite Afterparty at DCENTRAL Miami

press release PRESS RELEASE. INTERNET CITY, DUBAI, Dec 2nd, 2022 – LBank, a global crypto exchange, hosted an ‘LBank & Crypto Friends’ afterparty alongside the Web3 conference DCENTRAL Miami. LBank was proud to host more than 200 guests from all layers of the industry. This was LBank’s second event ...

View more: Inside LBank’s Exquisite Afterparty at DCENTRAL Miami

BMW struggles to sell the i3 in China

For the German premium manufacturers, sales of their electric models in China apparently continue to be sluggish. After Mercedes-Benz recently reduced its sales prices significantly, local media now report that BMW dealers in China are offering up to 30 per cent off the list price for the electric sedan ...

View more: BMW struggles to sell the i3 in China

Biggest Movers: LTC Nears 6-Month High, as Near Rebounds From Recent Lows

Litecoin has been a notable mover on Nov. 30, as the token edged closer to a recent six month high. Following yesterday’s gains, cryptocurrency prices remained in the green on Wednesday, with the global market capitalization up 2.07% as of writing this. Near protocol also surged today, as prices ...

View more: Biggest Movers: LTC Nears 6-Month High, as Near Rebounds From Recent Lows

US Regulator CFTC Met With Sam Bankman-Fried 10 Times Before Crypto Exchange FTX Collapsed

ECB Blog Post Insists This Is 'Bitcoin's Last Stand,' Officials Claim BTC Is Headed Toward 'Irrelevance'

Tencent Financial Technology launches new global brand for cross-border payment business

Binance Acquires Licensed Japanese Crypto Exchange — Prepares to Enter Japan as Regulated Entity

Samsung Electronics announces 2022 supplier list

National Bank of Ukraine Unveils E-hryvnia Concept

Taiwan server ODMs to see non-China capacity share rise closely to 50% by 2023, says DIGITIMES Research

China consumer VR shipment to reach nearly 7 million units in 2026, says IDC

Former FTX Boss Speaks at Dealbook Event, Says He 'Didn’t Knowingly Co-Mingle Funds'

While the FTX Co-Founder Claims He 'Wasn’t Running Alameda,' SBF Is Asked Why He Threw Caroline Ellison 'Under the Bus'

Bitdao Reveals Modular Ethereum L2 Called Mantle, Public Testnet to Launch in 2023

Bitget Takes on World Cup 2022 with Messi to Inject Confidence in Social Trading

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