Prita Ghozie

Summers Warns Against Premature Fed Rate Cut

Larry Summers, former U.S. Treasury Secretary, thinks the Federal Reserve shouldn’t rush into cutting interest rates. He believes doing so now would be a risky move. No Need to Panic, Says Summers Summers recently told Bloomberg that the Fed should hold off on a rate cut and wait for more economic data. He argues that…

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Ray Dalio: Could the US Return to a Gold Standard?

Investing legend Ray Dalio is raising concerns about the future of the US dollar. He believes that excessive government money printing could lead to a situation where the US might eventually revert to a gold-backed currency system. A Historical Cycle? Dalio argues that history shows a recurring pattern: currencies go through cycles of devaluation, ultimately…

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Protecting Crypto Privacy: A Call for Action

Hester Peirce, a commissioner at the US Securities and Exchange Commission (SEC), is urging lawmakers to protect the privacy rights of crypto users and open-source developers. Her call comes just before a crucial court decision in the case against the co-founder of Tornado Cash. The Case for Crypto Privacy Peirce strongly believes US authorities should…

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Trump’s Executive Order: Cracking Down on Banks That Shun Crypto and Conservatives

Trump is reportedly preparing an executive order to punish banks that discriminate against customers based on their political views or involvement with cryptocurrency. This move comes amid accusations that banks have unfairly targeted specific groups. Banks and Crypto: A History of Tension For a while now, crypto companies have complained about being shut out by…

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Coinbase’s Big Cash Grab: A $2 Billion Plan

Coinbase, the big name in crypto trading, is raising a whopping $2 billion! This comes after a less-than-stellar second quarter, which saw their stock price take a 15% dive. So, what’s the plan? The Funding Details They’re doing this through a private sale of convertible notes to big-time investors. Think of it as a loan…

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Succinct’s Decentralized Proof Network Goes Live

Succinct Labs announced the launch of its mainnet for the Succinct Prover Network, a decentralized system for creating and verifying zero-knowledge (ZK) proofs. This means anyone can now easily request and check these proofs from a global network. What is the Succinct Prover Network? The network acts like a marketplace: apps request proofs, and independent…

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