Bank of America: ‘Digital Currencies Appear Inevitable’
Bank of America says “digital currencies appear inevitable,” adding that central bank digital currencies (CBDCs) and stablecoins are “a natural evolution of today’s monetary and payment systems.” The bank expects “private sector beneficiaries to emerge in all phases of CBDC implementation.” Bank of America on Future of Money and Payments Bank of America (BOA)’s global research team published a report on global cryptocurrencies,...
Jim Cramer Thanks SEC Chairman for Standing up to ‘Crypto Bullies’ Seeking Spot Bitcoin ETF Approval
The host of Mad Money, Jim Cramer, has thanked Securities and Exchange Commission (SEC) Chairman Gary Gensler for standing up to the “crypto bullies” who want the regulator to approve a spot bitcoin exchange-traded fund (ETF). Cramer has repeatedly warned about the SEC cracking down on uncompliant crypto firms, urging investors to get out of the asset class now. Jim Cramer Praises SEC Chairman Gary Gensler The host of CNBC’s Mad Money...
Morgan Stanley CEO Says Inflation Has Peaked and China Has Made a Major Pivot
Morgan Stanley CEO James Gorman says two changes have happened recently that “really matter” to the economy. The executive explained that inflation has clearly peaked and China has made a “major, major pivot” economically. Morgan Stanley’s CEO on U.S. Economy and Inflation The chairman and CEO of global investment bank Morgan Stanley, James Gorman, discussed the U.S. economy and China’s relationship with the U.S. in an interview with...
Report Urges Cloudflare to Terminate Accounts of Pirate Sites
Popular Internet infrastructure service Cloudflare has come under a lot of pressure from copyright holders in recent years. The company offers its services to millions of sites. This includes multinationals, governments, but also some of the world’s leading pirate sites. These sites have proven to be quite a headache for the San Francisco-based tech company. Ideally, however, the company prefers not to be the arbiter of what content...
How Linux rescued precious audio files with FFmpeg
How Linux rescued precious audio files with FFmpeg Don Watkins Sun, 01/22/2023 – 03:00 Recently I was asked by a customer to create compact discs of priceless family recordings. My client insisted that the media be delivered as compact discs and not as digital files in an MP3 player or other similar device. One of the source recordings was on a compact disc and in AIFF format. As such my client could not play this media that...
