Search
Cheap Energy Cost Fuels Chinese Bitcoin Miners Migration to Ethiopia
12.2.2024
Ethiopia has become a lucrative destination for Bitcoin miners with lower energy costs and friendly government policies driving the move. According to Bloomberg, Bitcoin miners from China and other countries are setting up shop in the East African country followed by energy deals with electricity...
Bitcoin Represents 53% of Clients’ Portfolio Holdings in LatAm: Bitso
12.2.2024
Bitcoin (BTC) makes up 53% of user portfolios in Latin America, reveals crypto exchange platform Bitso’s latest Crypto Landscape report. “By the end of 2023, Bitcoin represented 53% of clients’ portfolios in Latin America,” the platform noted. Source: Bitso In the face of economic turbulence...
Which countries played PC and console games... recently?
7.2.2024
More intriguing data. Also: top streaming games of January & lots of news
Traders Predict This is The Best BEP-20 Token To Buy As BNB Price Recovers
2.2.2024
As the price of Binance Coin (BNB) continues recovering from the recent low of $298, crypto traders have turned their attention to accumulating one new BEP-20 token ahead of its launch. eTuktuk, a green crypto startup building eco-friendly electric vehicle infrastructure in developing countries...
Russia’s Central Bank Exploring Use of Crypto, CBDCs with BRICS Allies
31.1.2024
The Governor of Russia’s Central Bank says she is speaking to BRICS member states about using “digital currencies” to power international trade. Per RIA Novosti and 1Prime, the bank’s long-serving Governor Elvira Nabiullina said the Central Bank was “currently holding consultations with friendly...
US Sanctions on Russia Similar to Planting a ‘Bomb Under the Dollar,’ Says Russian Analyst
30.1.2024
The United States’ sanctions against Russia are undermining confidence in the U.S. dollar and may force other countries to ditch the currency, a Russian financial analyst has said. The analyst said contrary to the West expectations, the sanctions against Russia have failed to destroy...
UK Remains One of the Few to Hold Back on Retail Access to Crypto ETFs
29.1.2024
The UK remains one of the few major global markets that has yet to approve retail access to cryptocurrency exchange-traded products (ETPs). While countries like Australia, Brazil, Canada, and many states in Continental Europe have embraced these products, the UK has refrained from allowing small...
Trending Crypto Presale eTukTuk Presale Passes $550,000 – Best Web3 Coin To Buy Now?
25.1.2024
eTukTuk’s crypto presale has reached over half a million dollars, supporting a transition to electric vehicles in developing countries. Image by Kerem Goktug Kaya, DALL-E 3. The alarming rise of greenhouse gas emissions is showing no signs of slowing down, fueling the ongoing climate crisis...
Exploring the Privacy Concerns Around CBDCs
23.1.2024
The future of money is digital and many countries are developing their own Central Bank Digital Currencies (CBDC). This in turn will have far-reaching implications on society, businesses, and banks, as the use of physical cash declines. Retail CBDCs are government-backed digital fiat money which...
Bit.Store Unveils Comprehensive B2B Offerings, Empowering Crypto Projects with Custom Solutions
19.1.2024
PRESS RELEASE. [VILNIUS, Lithuania, Jan. 19, 2024] BitStore is making significant strides in the cryptocurrency card sector, offering a suite of services that blend traditional financial ease with the cutting-edge world of digital currencies tailor made for projects or brands. Our card services...
Do Kwon Should be Extradited to South Korea, not United States, Lawyer Argues
19.1.2024
Do Kwon’s lawyer has argued that Terraform Labs’ co-founder should be extradited to South Korea and not the United States. The statement comes as a response to extradition requests from both countries, with Kwon currently in detention in Montenegro. Goran Rodic, Kwon’s Montenegrin...
Crypto Exchange Gemini Secures Registration in France — Now Operational in Over 70 Countries
19.1.2024
Cryptocurrency exchange Gemini is now registered as a digital asset service provider in France. The crypto firm explained that following the launch of its EU headquarters in Ireland in 2022, “Gemini is now operational in more than a dozen EU countries and more than 70 countries worldwide...
Coinbase Partners With Yellow Card to Expand Access to Its Products in 20 African Countries
13.1.2024
The leading crypto exchange Coinbase has said it will expand access to its products to 20 African countries. Coinbase also claimed that its partnership arrangement with the Africa-focused crypto exchange Yellow Card can help increase financial freedom in countries where it is lacking. Increasing...
Report: EU Represents Just 6% of Bitcoin Mining Hashrate, US Significantly Leads China
31.12.2023
The countries in the European Union collectively account for 6% of the Bitcoin network’s hashrate while the U.S. has emerged as the world’s number one bitcoin miner, a new report has said. The economic bloc’s bitcoin mining prospects are however being hamstrung by geopolitical tensions...
Lavrov Highlights 30 Nations’ Interest in BRICS as China-Saudi Pact Poses Challenge to US Dollar
27.12.2023
In a recent statement by Sergey Lavrov, Russia’s Foreign Affairs Minister, he noted that the BRICS bloc is set to expand in 2024 with new members including the United Arab Emirates (UAE), Iran, and Saudi Arabia. He revealed that approximately “30 countries would like to establish partner ties...
$2.2 Billion Illegal Forex Operation Busted by Chinese Authorities Using Crypto Platforms
27.12.2023
Source: Adobe / Alen Chinese authorities have reportedly dismantled an illegal underground banking operation that moved some $2.2 billion between China and other countries using overseas “virtual currency trading platforms.” On December 24, an account on social media app WeChat run...
Nobel Prize Winner Robert Shiller Warns Confiscating $300B in Russian Assets Might Cause a ‘Cataclysm’ for the Dollar System
27.12.2023
Nobel Prize winning economist Robert Shiller has warned against the effects that the confiscation of Russian assets in Western countries might have on the stability of the dollar-dominated financial system. According to Shiller, a move of this kind might cause a cataclysm, opening the doors...
Over 40 Countries Forge Ahead with Cryptocurrency Regulation and Legislation: PwC
20.12.2023
Image by motortion, Adobe Stock. More than 40 countries have made significant strides in advancing crypto-focused regulations and legislation this year, indicating a growing global trend towards wider cryptocurrency adoption. According to a recent report from professional services firm...
42 Different Countries Discussed or Passed Crypto Regulations, Legislation in 2023: PwC
19.12.2023
More than 40 countries have taken aim at advancing crypto-focused regulations and legislation this year, signaling wider cryptocurrency adoption globally may be underway. That’s according to a new report from professional services firm PriceWaterhouseCoopers
Report: Bank of Korea Chief Says Growing Use of Stablecoins Threatens Central Bank Operations
19.12.2023
The Bank of Korea governor Rhee Chang-yong recently stated that the growing stablecoin use threatens the operations of central banks. The possible involvement of global networks like Visa and Mastercard in the stablecoin business will likely undermine the monetary independence of countries like...