What do IRDAI’s draft regulations on insurance policies mean for policyholders?

The document, named “Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests and Allied Matters of Insurers) Regulations, 2024″, brings together eight separate regulations into a unified and comprehensive framework. Extended free-look period The free-look period for reviewing policies will be extended to 30 days from the date of receiving the policy document, … Read more

Lok Sabha elections: Nifty 50 rallied 4 out of 5 times after results, Bank Nifty outperformed

As India gears up for the general election 2024, the sentiment on Dalal Street also turns cautious. The outcome of the election will be a pivotal event and is likely to have a significant influence on the Indian stock market as it holds immense sway over investor sentiment, shaping expectations and policy trajectories. The equity … Read more

The New Satoshi Emails: 120 Pages Detailing Work on Bitcoin

Satoshi Nakamoto’s earliest collaborator Martii ‘Sirius’ Malmi has released his entire email correspondence with Bitcoin’s creator. Spurred by an ongoing lawsuit in the U.K., the new emails are the most significant addition to the canon of what we know about Bitcoin’s still anonymous creator.  Here are the most important new findings. EMAIL #1: SATOSHI’S BITCOIN SCALING … Read more

$30 billion RIA Platform Carson Group Approves To Offer Spot Bitcoin ETFs To Clients

Carson Group, a significant $30 billion registered investment adviser (RIA) platform, has recently announced its approval to offer four spot Bitcoin exchange-traded funds (ETFs) to its clients, according to a Bloomberg report. Out of the recent batch of US-listed spot Bitcoin ETFs, Carson Group has greenlit BlackRock’s iShares Bitcoin Trust, Fidelity Wise Origin Bitcoin Fund, Bitwise … Read more

The Catalyst That Could 'Standardize' Bitcoin

Today in my series called “things people following Bitcoin for the last 13 years have already figured out but I’m presenting as a brand new epiphany”, I wanted to write about a revelation about Bitcoin’s adoption, standardization, and normalization I had this past week. While thinking about what it would take for Bitcoin to receive … Read more

Layer 2 Is Not A Magic Incantation

A common chant from many in this space these days in response to any discussion of changes to the Bitcoin protocol is “Don’t mess with Layer 1! You can just build it on Layer 2!” This seems like a very logical thing to do, right? Why risk the security and stability of L1 when you … Read more

BlackRock Spot Bitcoin ETF Trades over $1 Billion So Far Today In New Milestone

In a significant milestone for spot Bitcoin exchange-traded funds (ETFs), BlackRock’s spot Bitcoin ETF has recorded over $1 billion in trades today alone, according to Bloomberg Senior ETF Analyst Eric Balchunas. This achievement underscores the growing demand for Bitcoin investment products and highlights the increasing acceptance of Bitcoin within traditional finance. MILESTONE $IBIT has traded $1b worth of … Read more

From Dungeons to Bitcoin Billions: Navigating the Ethical Labyrinth of Tim Draper and Ross Ulbricht

The intertwining stories of Tim Draper, a venture capitalist with an unyielding belief in Bitcoin, and Ross Ulbricht, the infamous creator of the Silk Road, present a compelling exploration of ethics, empathy, and the unpredictable nature of the cryptocurrency market. This narrative delves deep into the moral quandaries posed by their unique circumstances, offering a … Read more

Second EIA Survey Extension Being Pushed With Open Comment Period

The current EIA Emergency Cryptocurrency Mining Facilities survey held by injunction would require monthly reporting of information from mining facility operators through July 31, 2024. This survey would require the collection of information such as the power price with the power provider, the amount of electricity available under their purchase agreement, the amount of power … Read more