#crypto

Researchers from the University of Cincinnati have crafted a crypto literacy scale (CLS) to gauge and standardize understanding of cryptocurrencies and related tech among consumers and policymakers. Their study, "Measuring Crypto Literacy," emphasizes the difference between traditional financial literacy and crypto literacy. The team believes that while financial literacy helps prevent scams, there's a distinct need for a crypto-specific scale.

X, previously known as Twitter, has successfully obtained the Rhode Island Currency Transmitter License, enabling it to offer cryptocurrency payments and trading services in the U.S. This acquisition, confirmed on August 28 via NMLS data, aligns with X's ambition to be a "cryptocurrency-friendly" platform. Earlier, X had integrated features like Bitcoin tipping and NFT profile picture support. With this license, users might soon be able to send, receive, and store crypto directly on X, further mainstreaming cryptocurrency use.

He received the very first Bitcoin transaction in history, sent by the mysterious Satoshi Nakamoto. Regrettably, Hal’s battle with ALS culminated in his physical paralysis and eventual passing on August 28, 2014, in Phoenix, Arizona, at the age of 58. Finney was at the forefront of those who embraced the fascinating technology of human cryopreservation — the process of freezing bodies for potential revival in the future. Hal’s vision and unwavering belief in the power of decentralization laid the foundation for the innovations we enjoy today. His legacy lives on, inspiring countless enthusiasts worldwide to carry forward his passion for crypto and innovation.

Narendra Modi speaks in favor of an integrated approach to new technologies. As tech progress accelerates, he advises the global community to establish wide-reaching rules and a collective strategy. "At the same time, the rules, regulations, and framework around it should not belong to one country or a group of countries. So not only crypto, but all emerging technologies need a global framework and regulations," highlighted India's Premier.

European crypto-related exchange-traded products (ETPs) experienced a boost in net inflows during June and July, breaking a nearly three-month trend of global ETP outflows. Europe-based ETPs saw inflows of €150 million in June and €60 million in July. The trend change might be attributed to BlackRock's spot bitcoin ETF application. However, recent data indicates a downturn in August, possibly due to the SEC's delay in deciding.