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Economist Analyzes Challenges of BRICS Currency Competing With US Dollar


An economist has shared her analysis of how a common BRICS currency could compete with the U.S. dollar. “You need foreign exchange reserves and you need the trust of the investment community,” she explained, noting that the only country in the BRICS economic bloc to carry such a reserve...

The Massive Wikipedia War Over Barbenheimer, Explained


Earlier this month, someone created a Wikipedia page for Barbenheimer, the internet phenomenon inspired by the simultaneous release of Greta Gerwig’s Barbie and Christopher Nolan’s Oppenheimer, two highly anticipated movies with rave reviews that are expected to bring in millions at the box office...

YouTube’s New Trend Features Creepy Singing Toilet-Creatures


If you’ve spent any time on TikTok or YouTube lately, you might’ve seen some short, strange videos of heads emerging from toilet bowls to sing a somewhat catchy song. The clips, built using the software behind some of Valve’s games like Half-Life 2 and Team Fortress 2, have been racking up millions...

Ark Invest Now More Confident in Bitcoin Reaching $1.5 Million, CEO Says


The CEO of investment management firm Ark Invest, Cathie Wood, has explained why her firm’s confidence in bitcoin’s price reaching $1.5 million has increased. Citing the crypto’s performance during the regional bank crisis earlier this year, she stressed, “That was...

Crypto Crime Plummets in 2023, Down 65% Overall, Chainalysis Says


Cryptocurrency-related crime is down significantly this year, according to data by Chainalysis. Specifically, the blockchain analytics firm explained that crypto inflows to known illicit entities are down 65% compared to the previous year while inflows to risky entities are down 42%. Crypto Crime...

The surge in Stacks explained: Where to invest next?


In this declining market, it’s rare for a cryptocurrency to post a 2x return. But Stacks (STX) achieved this in June, thanks to some favorable events. The smart contract platform is closely associated with Bitcoin (BTC), yet many investors see Stacks as a better option for their pocket. ...

Deutsche Bank Applies for License to Offer Crypto Custody Service


Deutsche Bank, the largest bank in Germany, is seeking regulatory approval to offer custody services for digital assets, including cryptocurrencies. A Deutsche Bank executive explained that the digital asset move is part of the giant lender’s broader strategy to boost fee income. Deutsche...

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