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Digital Bank Revolut Now Offering Crypto Investments in Brazil

2.5.2023
Revolut is making its first foray into Latin America, attempting to tap into Brazil's growing demand for crypto assets

China Ramped Up Gold Production During Q1 Amidst Steady Demand From Central Banks

2.5.2023
Gold companies operating in China ramped up their production levels during the first quarter of 2023. According to industry reports, the Chinese gold industry managed to recover its extraction levels, reaching numbers it saw before the Covid pandemic, with the country engaging in a record streak...

Level Finance confirms $1M exploit due to buggy smart contract

2.5.2023
An attacker manipulated a “claim multiple” bug in a Level Finance smart contract to steal more than 214,000 LVL tokens from the exchange

Michael Saylor's MicroStrategy Books a Much Smaller Bitcoin Impairment Charge

1.5.2023
Amid BTC's big rally, the company's impairment loss narrowed to $18.9 million in the first quarter from $197.6 million in the fourth quarter

Crypto Firm FARE Protocol Raises $6.2M Ahead of Token Launch

1.5.2023
The fundraise was led by C Squared Ventures and Goat Capital, the firm co-founded by Twitch founder Justin Kan

BRICS to Promote National Currencies Before Issuing Common One

1.5.2023
The BRICS bloc is now focused on expanding the use of the currencies of its members, according to the representative of one of them. The establishment of a single currency for the group is not an immediate task at this point in time, the diplomat indicated in an interview. Wider Use of National...

Turbos Finance prepares for Sui mainnet with Permanent Testnet launch of its concentrated liquidity DEX

1.5.2023
Turbos Finance, a non-custodial decentralized exchange (DEX) enabling spot and derivatives trading on the Sui Network, has released a Permanent Testnet deployment on Sui’s public testnet. This significant step comes just in time as the Sui Network gears up for launch on May 3, 2023. Turbos...

‘Evil Crypto’ Can Be Used in Foreign Trade, Russia’s Deputy Finance Minister Says

1.5.2023
Cryptocurrency may be bad for investors but it can be useful in international settlements, according to a top government official in Moscow. Russian authorities intend to set up a special committee that would issue permits to operators employing crypto in foreign trade transactions, he indicated....

Syria Urges BRICS to Lead in Ditching Dollar, Talks Yuan Adoption With China

1.5.2023
BRICS nations can lead efforts to abandon the U.S. dollar in international settlements, according to President Bashar Assad of Syria. At a meeting with China’s top diplomat for the region, the leader of the war-torn Middle Eastern country called for using the Chinese yuan for cross-border trade....

Ethereum’s Liquid Staking Protocols Attract 400,000 Ether After Shapella Upgrade

30.4.2023
Just over two weeks have passed since Ethereum’s Shapella upgrade on April 12, 2023, which occurred at block height 6,209,536, enabling stakers to withdraw for the first time. At the time of the upgrade, slightly over 8 million ethereum was locked into liquid staking protocols. Since then...

Satoshi’s Last Emails: ‘Make It About the Open-Source Project,’ Economist Predicts ‘Catastrophic’ Fall in US Living Standard, FRC Shares Plummet, and More — Week in Review

30.4.2023
Another week has passed in the world of crypto and finance, with the anniversary of Bitcoin creator Satoshi Nakamoto’s last known emails, predictions of massive declines in Americans’ standard of living, and important developments at the struggling First Republic Bank. All this and more...

No Rate Hikes in Russia, Central Bank Keeps Interest Rate Level Again

29.4.2023
Bank of Russia decided to maintain the interest rate at 7.5% amid moderate inflation, estimated at 2.5% on an annual basis in April, although this may change later this year. The monetary authority improved its forecast for the Russian economy and now expects growth entirely in positive figures,...

Almost 50 Russian Banks Accept Yuan Deposits Amid Low Demand for Dollar Accounts

29.4.2023
A growing number of banking institutions in Russia are offering customers the option to save in Chinese yuan. The trend coincides with declining demand for U.S. dollar and euro deposits amid currency restrictions that triggered a flight of funds to bank accounts abroad. Demand for Dollar, Euro...

The Mirror Protocol Unveils Groundbreaking Pre-sale on its Cutting-Edge Dashboard

29.4.2023
PRESS RELEASE. Pleasant Grove, Utah – The Mirror Protocol, a trailblazing decentralized finance (DeFi) project, proudly announces the launch of its highly anticipated pre-sale. This state-of-the-art platform empowers users to seamlessly diversify their portfolios with the most sought-after...

World’s Largest Regional Organization to Switch to Settlements in National Currencies

29.4.2023
A China-led regional organization that covers more than half of Eurasia intends to transition to settlements in the currencies of its members. While the plan is to abandon the U.S. dollar in mutual payments, participating nations are yet to consider a common currency. Shanghai Cooperation...