Author: RedWave Media

IMF wants El Salvador to limit “public sector exposure to Bitcoin” The financial institution’s statement follows an August statement in which it talked about “mitigating the risks posed by Bitcoin.” The International Monetary Fund (IMF) has recommended that El Salvador reduce the scope of its Bitcoin law and limit its citizens' exposure to Bitcoin. IMF spokeswoman Julie Kozak said at a press conference: “Our recommendations include narrowing the scope of Bitcoin law, strengthening the regulatory framework and oversight of the Bitcoin ecosystem, and limiting public sector exposure to Bitcoin.” Kozak added that the IMF continues to consult with El Salvador,…

The US Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) have supported a class action lawsuit against NVIDIA, accusing it of misleading investors.According to court filings, the two institutions filed court briefs in support of NVIDIA investors who claim that NVIDIA misrepresented the impact of crypto mining on its 2017/2018 earnings.The Justice Department and SEC asked the Supreme Court to reinstate the previously dismissed case. Solicitor General Elizabeth Preloger and SEC Senior Counsel Theodore Wyman argued that the lawsuit contains sufficient evidence to proceed.Officials also requested 10 minutes for oral arguments when the case goes to court…

AP image After comically falling short of preseason predictions for more than 30 named storms this Atlantic hurricane season (as of this writing there were 11 named storms, peak season is just around the corner) ), climate change fanatics jumped on the hurricane. The tragic flooding in Helen and Asheville, North Carolina, somehow proves that human-induced climate change has “accelerated” such storms.the usual chorus”Climate change is making hurricanes like Helen more intense, scientific studies show,” The Hill reported. Yahoo News breathlessly complained:… There is a lot of evidence that warmer oceans and temperatures are causing hurricanes to produce more rain,…

Subtai/iStock/Getty Images Plus Federal prosecutors have asked a judge in the case against Ryan Wesley Routh, accused in the attempted assassination of former President Donald Trump, to indefinitely postpone the trial of the would-be assassin.That's because the complexity of the case allows judges to waive speedy trial provisions in federal law.The wide-ranging investigation in the effort spanned the United States and reached Hawaii, and more than a dozen search warrants were executed, according to filings in the U.S. District Court for the Southern District of Florida. attempt and prosecutionA federal grand jury indicted Routh on September 24 on charges of…

Bet_Noire/iStock/Getty Images Plus Conservatives, don't be alarmed. Censorship on social media is on the rise, a new study has found. But researchers say they have identified the problem and can help solve it.you.The study “found” that conservatives were more tolerant of social media outages simply because they shared more “misinformation.” What is the treatment?Just mirror the determination of the mainstream media and “voila!” — you are completely free to express your opinion.Oh, and researchers used “fact checkers” like Snopes.com to “prove” their thesis. (Never mind that the site's co-founder David Mickelson was suspended in 2021 for plagiarizing at least 54…

This is not the first time the IMF has warned El Salvador. More recently, in August, the IMF said as much in a statement, saying, “Many of the risks have not yet materialized, but further efforts should be made to increase transparency and reduce potential fiscal and financial stability risks.'' There is a common understanding that it is necessary.” Bitcoin project. '' At the time, the IMF also said that “additional discussions in this and other key areas are still needed.''

In an investor note shared with CryptoSlate on October 3, Standard Chartered said it believes Bitcoin (BTC)'s decline below the $60,000 level is “normal” and that the recent He said the decline is a buying opportunity.Jeffrey Kendrick, the firm's global head of digital asset research, said Bitcoin is currently trading in an “interesting cycle” where geopolitical tensions are pushing prices down, while former Donald Trump It is said that the increased probability of the president winning the election is boosting the economy after the election. Bitcoin outlook.According to Kendrick,“BTC looks destined to drop below 60,000 by the end of the…

john whitehead You don't need a weather forecaster to know which way the wind will blow. —Bob DylanEvery two minutes, a water main breaks somewhere in the United States, resulting in contaminated drinking water supplies and boil water notices.One in three bridges in the United States is in need of repair, putting hundreds of millions of commuters at risk. More than 42,000 bridges across the country, where approximately 167 million vehicles cross each day, are in disrepair.It is estimated that 300 million people across the United States could face power outages between 2024 and 2028, primarily due to widespread power…

A CFTC subcommittee recommends the use of DLT-based collateral in transactions. Approval could expand access to digital assets for smaller market participants. Strong inflows into ETFs indicate growing institutional interest in digital assets. In a significant development for digital asset markets, the U.S. Commodity Futures Trading Commission (CFTC) is reportedly considering a proposal that would enable the use of digital ledger technology (DLT)-based collateral in commodity and derivatives trading. There is. According to Bloomberg, a subcommittee of the CFTC's Global Markets Advisory Committee recently voted to recommend the proposal, which, if approved, would streamline trading and encourage widespread adoption of…

AP image Tim Walz and JD Vance The pro-Harris hosts of the CBS vice presidential debate not only failed to check a single fact about immigration.They answered another question asking whether Democratic presidential candidate Kamala Harris is President Joe Biden's “border czar.” U.S. Sen. J.D. Vance said she is. CBS said otherwise. And CBS reported the false claim despite its own reporting on Biden's appointment of a vice president of Indian-Jamaican descent.Similarly, when far-left Minnesota Gov. Tim Walz and Vance discussed the invasion of Springfield, Ohio by Haitian Biden “immigrants,” the hosts failed to fact-check one of Vance's claims.Nor did…