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Coinbase vs. ‘Sketchy’ SEC Case Reminds of Crypto Regulation Challenges
8.9.2021
on ice until October at the earliest.The company says that that SEC wants to “sue” it over concerns related to its Lend crypto lending features, claiming that the offering, which is to involve the dollar-pegged
Russian State Hermitage raises $440K via Binance NFT auction
7.9.2021
Da Vinci’s artwork has received the highest bid of 150,500 BUSD in the Hermitage’s first NFT auction on Binance
Bitso to assist the launch of El Salvador's official Bitcoin wallet Chivo
7.9.2021
Mexican crypto exchange Bitso is announced as a core partner for El Salvador's state-issued BTC wallet
Microstrategy Avoids ‘Multi-Billion Dollar Mistake’ by Choosing Bitcoin Over Gold
7.9.2021
Nasdaq-listed company Microstrategy has avoided a “multi-billion dollar mistake” by choosing to invest in bitcoin instead of gold. The company now holds about 108,992 bitcoins. ‘Multi-Billion Dollar Mistake’ Avoided The Nasdaq-listed software company Microstrategy...
Baanx Acquires Stake in Major US Fintech Bank
6.9.2021
PRESS RELEASE. Baanx, the fast growing B2B2C “Better than a Banking Platform” specializing in fintech services & lending, becomes the third-largest shareholder in the United States regulated Maxwell State Bank in a multi-million-dollar deal to enhance cybersecurity and banking...
Evan Luthra Joins Soldex as Lead Investor
3.9.2021
Evan Luthra is a prolific angel investor having been in crypto since 2014 and early discoverer in Eaze.com (Fastest growing on-demand Tech company in 2016) and Wheelys Cafe (over 1000+ coffee shops in 40 countries), more recently investing in the seed round of Hashgraph.com (The billion dollar...
Australian Dollar Prediction AUD-USD Sees Domestic Data Prints Before NFP
3.9.2021
The Australian dollar, a risk-sensitive currency, is surging after the closing of the Asia-Pacific trading week. Another factor supporting its growth is the data regarding US jobs, showing relief in the number of infected. During the recent Wall Street trading session, traders dropped the...
Crypto Economy Gains 83% in Value Over Last 3 Months, Myriad of Lesser-Known Coins Spike
2.9.2021
The overall market capitalization of all 10,000+ digital assets has reached a September high of $2.33 trillion as it has risen over 5% on Thursday. The crypto economy hasn’t been at this U.S. dollar value since mid-May or approximately 108 days ago, as the value has increased 83.46% since...
Forex Report the Australian Dollar Holds Below 0.74
2.9.2021
The financial market is experiencing a mixed session for stocks, commodities, and currencies. Equities are currently in a short corrective dip with chances to make a comeback shortly. On the other hand, Shanghai and Nikkei are facing quick resistance at the current levels. Dow is treading under...
Not Legal Advice... America: The world’s most creative junkie
1.9.2021
What the United States needs is tens of billions of dollars, and the state is going to take it from the American crypto community
Dollar Registers Gain, Though Fed Keeps Investors Guessing
1.9.2021
The dollar’s value registered a slight gain on Wednesday in Asia even as it continued to trade at its lowest within the period of the last three weeks. The investors trod cautiously as numbers related to the US job market coming out on Friday will be important for the US Federal Reserve’s strategy...
Bitcoin Legal Tender in 7 Days: El Salvador Publishes Video Explaining What to Expect
31.8.2021
Bitcoin will become legal tender in El Salvador alongside the U.S. dollar in seven days. The Salvadoran government has released a video explaining what to expect when the Bitcoin Law enters into force. The video features the government’s fee-free crypto wallet, Chivo. Government’s...
Annual US Dollar Remittances to Nigeria Surge to $34 Billion but Forex Woes Persist
31.8.2021
According to a report, the value of annual dollar remittances by Nigerians working abroad has surged to $34 billion, a figure that easily surpasses the previous record-high of $25 billion. Still, a large portion of the funds doesn’t seem to be entering domestic forex markets. Target Attained...
Retirees in El Salvador protest against Bitcoin adoption
31.8.2021
Retirees and veterans in El Salvador are worried that the government would start paying their pensions in Bitcoin instead of the U.S. dollar
Cryptopunks NFT Collection Joins Axie Infinity and Opensea by Hitting $1 Billion in Sales
29.8.2021
On Saturday, August 28, the non-fungible token (NFT) project Cryptopunks crossed $1 billion in all-time sales. Cryptopunks joins the heavyweight NFT hitters Axie Infinity’s $1.6 billion and Opensea’s $3.53 billion. Three NFT Projects Have Sold More Than a Billion-Dollars in Sales...
IOTA Sustains $1 Value; Will IOTA Price Go Up Further?
27.8.2021
A subsequent rise in trading volumes above 75 million IOTA has a circulating supply of 2.9 Billion coins Ranking 46th amongst the cryptocurrencies IOTA has a market cap above USD 2 billion IOTA has been popularized among crypto investors because of its unique use cases that incorporate two of...
Rich Dad Poor Dad’s Robert Kiyosaki Says Bitcoin Is the Investment With ‘the Greatest Upside’
26.8.2021
Rich Dad Poor Dad author Robert Kiyosaki says “Bitcoin has the greatest upside.” He also revealed that he invests in the cryptocurrency because he does not trust “our leaders, the Fed, Treasury, nor the stock market.” Robert Kiyosaki Reveals Why He Buys Bitcoin, Says...
YouTuber Accuses Million-Dollar Retro Game Sales Of Being Scams
25.8.2021
Vintage video games, like factory-sealed copies of The Legend of Zelda and Super Mario Bros. for the Nintendo Entertainment System, have suddenly started selling for eye-popping prices, and a new video documentary claims potential fraud could be a big part of the reason why. It effectively charges...
Publicly-backed XREX raises $17M to solve dollar liquidity issues through blockchain
23.8.2021
Blockchain technology is being posited as a potential solution to U.S. dollar liquidity issues in emerging markets
Nixon’s Decision to Delink the Dollar From Gold Still Hounds the IMF and Africa
22.8.2021
US President Richard Nixon’s decision to end the US promise to convert dollars into gold changed the global financial system. Getty Images
Danny Bradlow, SARCHI Professor of International Development Law and African Economic Relations, University of Pretoria.
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Five decades ago this month,...