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Venezuela Presents Official Request to Join BRICS


The government of Venezuela formalized its proposal to be part of BRICS, a geopolitical and economic bloc comprised of Brazil, Russia, India, China, and South Africa. Venezuelan President Nicolas Maduro explained that he hoped for a positive reception of the proposal by the nations that are part...

Today in Crypto: Bank of Russia Reveals Official CBDC Logo, Revolut Shuts Down Crypto Platform for its US Customers, US DoJ Asks Sam Bankman-Fried's 'Bail be Revoked and Defendant be Detained'


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: Bank of Russia Reveals Official CBDC Logo, Revolut Shuts Down Crypto Platform for its US Customers, US...

China Emerges as Binance's Key Market Despite Cryptocurrency Trading Ban


China has emerged as the biggest market for major crypto exchange Binance, despite a ban on crypto trading in the country. According to a Wall Street Journal report from Wednesday, Binance users located in China traded crypto worth as much as $90 billion in a single month this year, accounting...

Binance Users in China Traded $90 Billion of Crypto Assets in a Month, Report


Traders in China have reportedly exchanged $90 billion worth of cryptocurrencies on Binance despite a ban on their trading in the country. According to a report quoting internal figures and sources, the volume made the People’s Republic Binance’s biggest market. Binance Processed Monthly Crypto...

Today in Crypto: Binance Denies Reports of Its Activities in China, Coinbase is Looking Into Adding Bitcoin Lightning Network, OKX Launches Account Abstraction Feature, Hyundai & Kia Partner With Hedera


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: Binance Denies Reports of Its Activities in China, Coinbase is Looking Into Adding Bitcoin Lightning...

Iran Increases Efforts to Join BRICS, Strengthen Ties With Member Countries


Iran has ramped up its efforts to become a member of the BRICS group ahead of the economic bloc’s summit. The Iranian deputy foreign minister for economic diplomacy revealed that Iran is actively pursuing opportunities to strengthen its economic ties with BRICS members, noting that it...

US-China Power Struggle Extends to Crypto Battlefield: China Surges Ahead


The United States and China are competing on both economic and technological fronts – and part of their rivalry includes a race to adopt crypto. Though the eastern superpower has announced multiple bans on crypto mining and trading over the past decade, President Xi Jinping argued in 2021 that...

China Faces Opposition to Rapid BRICS Expansion From India and Brazil, Report


BRICS member states India and Brazil stand in the way of China’s bid to quickly expand the bloc, unveiled a media report. The two nations have different reasons to have reservations about Beijing’s plan to soon increase the organization’s geopolitical influence while they both seem to want to slow...

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...

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