Gary Smith, professor of economics at Pomona College, and Jeffrey Funk, winner of the NTT DoCoMo Prize in Mobile Science, wrote that Trump's embrace of Bitcoin, or the largest "pull-up-and-sell" in history, would certainly push up the price of Bitcoin if the US federal government spent trillions of dollars buying it. But how can the US government pay off the national debt by buying Bitcoin at an overvalued price? Perhaps Trump envisions a "pull-up-and-sell". In "pull-up-and-sell"...
On January 11th, according to Cointelegraph, finance professor David Krause said that a sharp drop in the price of bitcoin could seriously affect MicroStrategy, endangering its ability to repay its debt and possibly leading to financial distress or bankruptcy, triggering a stock sell-off. Financial analyst Jacob King said that when MicroStrategy's share price is higher than its net asset value of bitcoin, the company will raise funds through debt or equity to buy more bitcoin. This circular stra...
StarkWare has announced that computer science professor Moni Naor has joined its scientific board as a principal investigator. At StarkWare, he will focus on topics such as Bitcoin cryptography and decentralization of Starknet. StarkWare says Moni has made pioneering contributions to computer science, including pioneering research on public key systems that are resistant to selected ciphertext attacks, non-scalable cryptography, visual cryptography, and innovative methods of authenticating human...
Omid Malekan, an adjunct professor at Columbia Business School, said in an Oct. 26 X post: "Memecoins are a form of economic populism in their own right, and a Trump presidency would be" bad for Memecoins "because they are a" form of economic populism and a statement against injustice. " Malekan added: "Regulatory sanity in the United States is bad for Memecoins because it refocuses the focus of cryptocurrencies on DApps and other really important cryptocurrencies."
Wharton professor Jeremy Siegel, known as the "godfather of the stock market", recently wrote that the Federal Reserve should consider deeper interest rate cuts or risk a recession. Siegel argued in the article that most economic models suggest that Powell should choose the level of the federal funds rate that best suits the economy, rather than focusing on the speed of rate cuts from very restrictive levels.
Crypto KOL Professor Crypto has yet to publicly respond to allegations that it used bots to manipulate its social media metrics and influence, shortly after winning the "Best Content Creator" award. On-chain detective ZachXBT accused it of using "thousands of bots" to "trick people into thinking you have influence". He also hinted that the move could violate a US FTC (FTC) rule that "prohibits anyone from selling or buying false social media influence metrics that are less than...
Campbell Harvey, a finance professor at Duke University, said of Mr. Trump's announcement of World Liberty Financial, a crypto project: "This move is consistent with Trump's pro-cryptocurrency policy stance. It's one thing to say you support crypto, it's another to start a company in this space." X Spaces, which lasted more than two hours yesterday, did not reveal the specific details of the project, nor did it reveal any details.
In an interview with DL News about the SEC's WellNotice against OpenSea, law professor Brian Frye and artist Jonathan Mann said: "Suing OpenSea is like suing eBay for selling trading cards or Sotheby's for selling art. The SEC's only criterion is whether the asset is on the blockchain." Previously, two NFT artists sued the US SEC over whether NFTs are securities and their jurisdiction. Law professor Brian Frye and "Songa Day Mann" songwriter Jonathan M...
Professor Pavun of Yale University recently published a paper sharing his views on the future development of the game industry and the Web3 game industry, proposing a new theory of ServerFi, which is expected to become the next capital and community bet in the Web3 industry. This paper analyzes in detail the development milestones and bottlenecks encountered in the game industry over the past few decades, points out the important reasons for the collapse of game economics (Tokenomics), and expla...
In an opinion piece published in The New York Times, Eswar Prasad, a professor at Cornell University's Dyson School and a senior fellow at the Brookings Institution, expressed great concern about the risks posed by the booming cryptocurrency market. Although bitcoin has recently surged to record highs, it has received support from former US President Donald Trump and the current Vice President.
Nouriel Roubini, the Doctor Doom economist, argued that the market was pricing too pessimistic that the US economy was heading for a hard landing and that the Fed would slash interest rates. "There is some important evidence of a slowdown, but I don't think the data suggest a hard landing is imminent," he said. "There are actually some strong factors in the economy." Mr. Roubini's comments come as markets expect the Fed to cut rates by about 100 basis points before the end of the year....
J.W. Verret, an associate professor at George Mason University's Antonin Scalia School of Law, said that in the 2024 US Presidential Election, cryptocurrency supporters may have only one option - Donald Trump. The Biden administration has taken a number of measures to crack down on cryptocurrencies, including encouraging banks to cut ties with cryptocurrency businesses, treating developers as brokers, and suing privacy protocol developers. In contrast, Trump administration nominees such as CFTC ...
According to a Bloomberg article, as the scale of financing in the digital asset industry rises again, venture capital institutions are turning to crypto startups and projects founded by professors and scholars. The analysis found that Shara, CheckSig, and NEBRA lamp crypto projects were all founded by academics, and these projects have successfully raised funds in the past two months. It is worth noting that EigenLayer, founded by Sreeram Kannan, an associate professor at the University of Wash...
据彭博社发文称,随着数字资产行业融资规模再次上升,风险投资机构正在转向由教授学者们创立的加密初创公司和项目。分析发现,Shara、CheckSig和NEBRA灯加密项目都是由学者创立,这些项目均在过去两个月内成功募集到资金支持。值得关注的是,由华盛顿大学副教授Sreeram Kannan创立的EigenLayer在今年二月获得了Andreessen Horowitz(a16z)参投的1亿美元,而由斯坦福大学...