• Sep 05, 2024

Tackling the Maturity of The Bitcoin Mining Industry with Marko Tarman from NiceHash

While the process of mining itself has changed, becoming more centralized and being managed by large computer centers, companies such as NiceHash continue to serve small and big miners across the world. We sat with NiceHash’s Lead Mining Manager Marko Tarman to talk about how and why the process of mining has changed and how it can fit the current and future DeFi and crypto landscape.

  • Sep 05, 2024

A Crypto Project's Weird Marketing 'Hack' Riffed on Infamous 1987 Chicago TV Hijacking

The fake breach started with mocking tweets and crescendoed with a masked villain disrupting founder Illia Polosukhin to rip on the crypto "pipe dream" and telling viewers "there's nothing waiting for you in Thailand" (where NEAR's holding its hackathon in November). Reverse psychology aside, the marketing stunt makes callbacks to a decades-old character of early digital culture: Max Headroom. What really makes Max memorable today, and notable for the purposes of NEAR's rather cringey gambit, is the broadcast that wasn't supposed to be: the Max Headroom incident.

  • Sep 05, 2024

Paulson Sees Fed Cutting Rates to as Low as 2.5% by End of 2025

(Bloomberg) -- Billionaire John Paulson said the Federal Reserve has waited too long to cut interest rates and expects the central bank to lower them in the months ahead.Most Read from BloombergThe Outsized Cost of Expanding US RoadsWorld's Second-Tallest Tower Tests Malaysia's Appetite for More SkyscrapersMadrid to Ban E-Scooter Rentals, Following Lead Set in ParisHow Air Conditioning Took Over the American OfficeHong Kong’s Arts Hub Turns to Selling Land to Stay AfloatBy the end of next year,

  • Sep 05, 2024

Airlines and Other Oil Buyers Jump on Chance to Lock In Prices

(Bloomberg) -- Airlines and other oil consumers are taking advantage of crude’s slump to the lowest level in a year to buy some protection against a rebound in prices.Most Read from BloombergThe Outsized Cost of Expanding US RoadsHow Air Conditioning Took Over the American OfficeMadrid to Ban E-Scooter Rentals, Following Lead Set in ParisHong Kong’s Arts Hub Turns to Selling Land to Stay AfloatWorld's Second-Tallest Tower Tests Malaysia's Appetite for More SkyscrapersThey are piling in to option

  • Sep 05, 2024

Fed seeks feedback on emergency lending operations

The Federal Reserve said on Thursday it was seeking feedback on how it operates its "discount window," which is intended to provide emergency lending to banks in times of stress. The Fed said it wanted comments on various aspects of how banks deal with the window, including the collection of legal documentation, pledging and withdrawing collateral, and extending credit. The solicitation marks the latest effort by the Fed to tweak the discount window, which banks have long resisted utilizing out of concern that it carries a stigma that could undermine stability in times of stress.