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Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.The goal of cryptocurrencies like Bitcoin is to create a fully functional and widely adopted autonomous virtual money that can be used to conduct completely secure financial transactions (like online purchases) while simultaneously thwarting any attempts at fraud. With every revolution, there are unquestionably benefits and drawbacks to consider. There are still significant gaps between the concept and implementation of a decentralised system that uses cryptocurrency. Cryptocurrencies are a form of secure virtual currency that use cryptography. Popular cryptocurrencies like Bitcoin are not widely used for everyday…

Elon Musk said Larry Page hasn’t spoken to him in years after they disagreed about AI safety. Musk said Page wanted to create a “digital god” and accused him of being a speciesist. The Tesla CEO became friends with the Google cofounder during the electric-car maker’s early days. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Elon Musk said his longtime friendship with Google cofounder Larry Page ended over a disagreement about AI and that the two men haven’t talked in years.The Tesla CEO…

At the 45th annual American Crossword Puzzle Tournament, held in Connecticut earlier this month, the winner completed the championship puzzle in a time of 5 minutes 24 seconds.Oliver Roeder solved it in 16 minutes 30. Out of 774 competitors, he finished 218th – which makes him amply qualified to set the Financial Times’s first US-style puzzle, published today.Roeder, whose day job is FT senior data journalist based in the US, is that rare crossword breed — someone who loves and appreciates the finer arts of solving both British cryptic and US crosswords.In an article for the FT magazine in January,…

This week, we traveled to Poland to help commemorate the 80th anniversary of the start of the Warsaw Ghetto Uprising, when Jews revolted against their Nazi oppressors, who had forced them to live behind barbed wire walls in horrific conditions. We also participated in the March of the Living, an annual two-mile walk from the Auschwitz concentration camp to Birkenau, where Nazis brought Jews from all over Europe to be starved, humiliated, terrorized and murdered in gas chambers. For both of us, this trip was intensely personal. I thought I knew what was in store for me visiting Auschwitz-Birkenau. I…

A closely watched measure of home prices is about to stall out for the first time since 2012—but investors in builder stocks might want to focus on the spring selling season. While housing market data has shown a market slowed by higher mortgage rates, D.R. Horton’s (ticker: DHI ) second-quarter earnings—which were stronger-than-expected—are a good omen for other builders, one analyst wrote.  The housing market so far this spring has been defined by relatively few home sales, a dearth of new listings, and the first signs of home price drops from year-ago levels since 2012. More evidence is likely to…

As Silicon Valley Bank was wobbling last month, large account holders with balances exceeding the federal deposit insurance limits panicked, sparked a bank run that ultimately prompted the federal government to step in with a rescue plan, and triggered widespread debate about potential reforms to the federal deposit insurance system. All that drama, however, was at odds with federal data showing that bank failures stretching back to the start of the 2007-2009 global financial crisis have in aggregate done very little harm… Read the full article here

This is reprinted by permission from .  Some people rent in retirement because they don’t have much choice; they can’t afford to own homes. But financial planners say renting can make more sense than owning in some circumstances, even for retirees who can afford the costs of homeownership. Renting offers flexibility as well as freedom from… Read the full article here

© Reuters. FILE PHOTO: A trader works on the trading floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 17, 2023. REUTERS/Andrew Kelly By Lewis Krauskopf, Sruthi Shankar and Ankika Biswas (Reuters) – Major U.S. stock indexes ended with fractional gains on Friday following mixed earnings results as investors assessed how conflicting economic data might influence interest rates and looked ahead to a massive week of corporate reports. A survey showed U.S. business activity accelerated to an 11-month high in April, further clouding the outlook for the Federal Reserve’s monetary policy after data earlier in…

LONDON (Reuters) – Global demand for silver rose by 18% last year to a record high of 1.24 billion ounces, creating a huge supply deficit, the Silver Institute said on Wednesday, predicting more shortages in the years to come. The silver market was undersupplied by 237.7 million ounces in 2022, the institute said in its latest World Silver Survey, calling this “possibly the most significant deficit on record”. It said 2022’s undersupply and a 51.1 million ounce shortfall in 2021 had wiped out cumulative surpluses from the previous decade and predicted further undersupply of 142.1 million ounces this year. “We…