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Global Debt Landscape Sends a Warning Sign


Xuehui Han is an Economist in the International Monetary Fund (IMF)’s Fiscal Affairs Department. Paulo Medas is Deputy Division Chief in the same department, while Susan Yang is a senior economist in the department. _____ Many countries entered the pandemic with elevated debt levels. Our...

Nexxyo Labs Set to Transform the DeFi Landscape with BambooDeFi


Disclaimer: The text below is a press release that was not written by Cryptonews.com. After months of careful preparation, BambooDeFi is now ready to introduce its advanced suite of features to the DeFi arena. BambooDeFi, the DeFi project by blockchain developers at Nexxyo Labs, took a major step...

Fix “no such file or directory, scandir”


After 15+ years in the web development industry, and seeing the landscape of tooling change, I’ve really lost patience with tooling errors. Like…Old Man Walsh™ just wants yarn install to work so he can get on with his work day. One recent error I ran into was from a dependency...

IMF Cautions Central Banks May Have to Rethink What Constitutes Reserves


The IMF warns that central banks may have to rethink what constitutes their reserve currency holdings. In a recent study, the global lender points to the changing geopolitical landscape, technological advances and the impact of the Covid-19 pandemic as events likely to influence the composition...

EURST Stablecoin – The Cost of Answering the Call of the Economic Times


The technological developments brought about by the invention of blockchain, bitcoin, and cryptocurrencies are rapidly transforming the financial landscape with the nascent industry failing to fit any conventional classification to become an asset class of its own. Stablecoins Are the Solution...

After Banning ICOs China’s Defi Ecosystem Grows Exponential This Year


The decentralized finance (defi) ecosystem has become a multi-billion dollar industry and quite a bit of the popularity is stemming from China. While a number of defi projects from the West like Uniswap, Compound, and Makerdao are popular in the country, China is also creating its own landscape...

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