In a heated US political climate, financial analyst Michael A. Gayed recently remarked that the rising national debt exceeding $35 trillion is a more significant threat to democracy than political leadership. Gayed emphasizes that the increasing rate of debt outpaces both tax revenues and inflation, creating a precarious fiscal environment. The US federal debt-to-GDP ratio, The post US debt nears $35 trillion, Bitcoin key to surviving ‘catastrophic’ collapse – Voorhees appeared first on CryptoSlate.

Crypto lobbying expenditures have surged dramatically over the past seven years, according to a new study by Social Capital Markets. The research reveals a staggering 1,386% increase in lobbying spend by crypto companies, rising from $2.72 million in 2017 to $40.42 million in 2023. The study highlights a significant acceleration in lobbying efforts, with nearly The post US crypto companies spend $79 million on political lobbying in two years appeared first on CryptoSlate.

The High Court of Justice in London has today, July 16, granted partial injunctions against Craig Wright following the conclusion of the landmark trial brought by the Crypto Open Patent Alliance (COPA) over Wright’s claims to be Satoshi Nakamoto, the pseudonymous creator of Bitcoin. The court granted an anti-suit injunction preventing Dr. Wright from pursuing The post Craig Wright ordered to pin COPA loss on social media amid pending perjury charges appeared first on CryptoSlate.

Thailand is set to roll out what was initially a controversial $13.8 billion digital cash handout program to stimulate its sluggish economy. Prime Minister Srettha Thavisin announced that eligible businesses and individuals could register for the program, dubbed the “Digital Wallet,” starting August 1, per AP News. Originally announced in April, the plan aims to The post Thailand to launch $12.4 billion digital cash scheme to boost local economy appeared first on CryptoSlate.

Bitcoin Core developers have historically disclosed just 10 vulnerabilities affecting older software versions, as reported by Bitcoin Optech. The vulnerabilities, fixed in more recent releases, could have allowed various attacks on nodes running outdated Bitcoin Core versions. The vulnerabilities are relevant given that Bitcoin Core developers recently introduced a new security disclosure policy to improve The post 6% of Bitcoin nodes running outdated software vulnerable to exploits appeared first on CryptoSlate.