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Women’s Healthtech Has A Policy Problem

Investors have seen the light. They have increasingly supported a growing number of female-led, women’s health startups. This is necessary and appreciated, writes Andrea Ippolito, founder of SimpliFed. But, she writes, there is a “but” here.

Today’s Crypto Boost: The FED, Inflation, And Global Adoption

Crypto assets saw some wild swings in the day and are now trading to the upside. Risky assets are reacting to the FED’s decision to raise rates by 25-basis points, and the increasing global adoption might be adding weight to the boost. Related Reading | Expectations Of Aggressive FED Drop, Here’s Why Bitcoin Could Rise To $50K What Hikes? Crypto Reacts To The FED The Federal Reserve just lifted rates 25 basis points, raising rates for the first time since 2018. Six more hikes are expected in 2022. The markets have been experiencing volatility following expectations for a more hawkish FED, given the implications of the Russo-Ukrainian war, rising U.S. inflation, and increasing Covid-19 cases. In the day, the crypto market had a downward reaction first, which experts described as a fake-out, then started to react to the upside. Experts expressed during a Fox Bussiness Live that the FED is lagging behind and this move will not affect the economy. They added that the FED is giving investors a plain field to do well in stocks, “not worrying about the U.S. economy.” Similarly, the light interest raise hikes are looking positive for bitcoin and consequently for other crypto-assets as well. Chair Jerome Powell claimed that “the probability of a recession within the next year is not particularly elevated,” and added, “All signs are that this is a strong economy, one that will be able to flourish — not to say withstand, but certainly flourish — in the face of less accommodative monetary policy.” As NewsBTC has been reporting, the 25bps hike scenario looks bullish for Bitcoin for its more passive stance. As many believe the FED’s dovish move comes as a late reaction and will do little to nothing to the U.S. inflation, investors might be taking refuge in Bitcoin as it has happened before. Inflation is expected to remain high at 4.3% by the end of 2022, above the Fed’s annual target of 2.3%. Keeping savings in the bank only means a loss of purchasing power, and as a result, many people might start to see Bitcoin as a hedge against these losses. Cameron Winklevoss, the co-founder of Gemini, argues that the best way to shield yourself from rising inflation is Bitcoin. “Imagine paying a money manager 7.9% a year to do absolutely nothing with your money. That’s what inflation is. It’s a hidden management fee that comes with no return. Today, if you hold USD cash, you are paying the US government 7.9% to do nothing with your money. Scary.” Ukraine Sings Crypto Regulation Amidst the Russo-Ukrainian war, crypto has also been looking like the only feasible option to the people affected by the invasion and sanctions. Ukraine has benefited from crypto assets in several ways during the war. They have received over $108 million in donations in crypto-assets and reportedly, citizens have been able to use digital coins as a tool to safely take their funds with them when fleeing the country. Moreover, regulatory clarity for crypto in the U.S. and other places is expected. Many politicians are taking stances in favor of cryptocurrencies, and Ukraine’s president Zelensky is not lagging behind. Volodymyr Zelensky just signed a law “on virtual assets” to legalize crypto. An official statement says that this law “creates conditions for the launch of a legal market for virtual assets in Ukraine.” “The signing of this Law by the President is another important step towards bringing the cryptocurrencies sector out of the shadows and launching a legal market for virtual assets in Ukraine.” The deputy minister of digital transformation, Alex Bornyakov, expressed that they believe “that crypto industry offers new economic opportunities. We will do our best to bring the bright new future closer as soon as possible.” This does not mean cryptocurrencies are a legal tender in Ukraine, but crypto holders are now legally protected in the country. This favorable sentiment appears to be growing amongst many politicians and governments around the world, which could turn into a rapidly growing institutional adoption of crypto. As both Russians and Ukrainians have found themselves in need of an alternative to the traditional financial institutions, they have also sought refuge in bitcoin and stablecoins. Besides the functional side experienced by Ukrainians, Russians could be finding in crypto a refuge from their devalued ruble. This sets a worldwide example and could end in a positive scenario for the market. Related Reading | Leading News Outlets In Ukraine Aim To Secure $1 Million By Selling NFTs

Hackers Use AI to Create Terrifying Malware Targeting Sandboxes

Did you know that 42% of businesses were affected by cyberattacks in 2020? That figure is going to rise as cybercriminals use AI to attack businesses more efficiently. Artificial intelligence technology has led to some tremendous advances that have changed the state of cybersecurity. Cybersecurity professionals are leveraging AI technology to fight hackers. AI-driven solutions […]

The post Hackers Use AI to Create Terrifying Malware Targeting Sandboxes appeared first on SmartData Collective.

Kazakhstan Shuts Down Over 100 Crypto Mining Farms

Kazakhstan Shuts Down Over 100 Crypto Mining FarmsMore than 100 crypto farms in Kazakhstan have terminated operations as a result of ongoing inspections of the mining sector. Authorities have revealed that some of the facilities are linked to prominent businessmen and former government officials. Financial Watchdog Goes After Crypto Miners Across Kazakhstan The rapid expansion of crypto mining in Kazakhstan, since last […]

The Coalition announces end of Gears of War esports programme

Game developer The Coalition has announced that the current Gears of War esports season will be the title’s last. The company announced that this is due to a ‘shift of focus to future projects’. Moreover, The Coalition has confirmed that the current season will still be played in its entirety despite this news.  RELATED: UMG […]

Tesla Giga Shanghai to take two-day break amid China’s fresh wave of Covid cases

Tesla’s primary vehicle export hub, Gigafactory Shanghai, is suspending its operations for two days. The halt comes as China deals with its latest Covid outbreak, which has forced the country to adopt stringent safety restrictions once more. The temporary pause in the massive electric vehicle production facility’s operations was shared in a notice sent internally […]

The post Tesla Giga Shanghai to take two-day break amid China’s fresh wave of Covid cases appeared first on TESLARATI.

Number of Daily Trips Taken by Americans in 2021 Rebounded from 2020 Lows

Recent data from the Bureau of Transportation Statistics showed that in November of 2021, the number of daily trips taken nationwide exceeded the number of trips taken in late 2019, before the pandemic significantly affected daily travel across the United States. The “trips” included all modes of transportation. A trip was defined as a movement […]

New Jersey is accepting cannabis license applications. Here’s how to apply

New Jersey's Cannabis Regulatory Commission is prioritizing business license applicants that were most affected by the War on Drugs.

The post New Jersey is accepting cannabis license applications. Here’s how to apply appeared first on Leafly.

Feds Investigating VW Atlas, Atlas Cross Sport for Unintended Braking

Nearly 50 VW Atlas and Atlas Cross Sport owners have complained to NHTSA about cases of unintended braking by their new sport-utility vehicles. The safety agency is now investigating the 2020 and 2021 models regarding the issue. Get details at TheDetroitBureau.com.

Guest Post: Press Publishers’ Rights In Indian News Media Digital Space

We are pleased to bring you a guest post by Mili Baxi, on the development of a publisher’s right in digital media. Mili is a graduate of Institute of Law, Nirma University, currently completing her LLM at LSE. Her areas of interest are Information Technology law, Intellectual Property law, Media & Communication Law, and human rights law.   Introduction The economic health of the traditional news media and publishing industry has deteriorated over the years, which is concerning for the...

Most QNAP NAS Devices Affected by ‘Dirty Pipe’ Linux Flaw

The “Dirty Pipe” Linux kernel flaw – a high-severity vulnerability in all major distros that grants root access to unprivileged users who have local access – affects most of QNAP’s network-attached storage (NAS) appliances, the Taiwanese manufacturer warned on Monday. Dirty Pipe, a recently reported local privilege escalation vulnerability, affects the Linux kernel on QNAP […]

A career timeline of Justin Sun, crypto’s most annoying over-marketer

Justin Sun is a colorful character in crypto history to say the least. Here's a timeline of his career, the good, bad, and ugly.

The post A career timeline of Justin Sun, crypto’s most annoying over-marketer appeared first on Protos.

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