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End of Fed’s Tightening Cycle: Bernanke, Majority of Polled Economists See Terminal Rate Hike Ahead
23.7.2023
With just a four-day window to go, the U.S. Federal Reserve appears primed to raise the federal funds rate by 25-basis-points (bps) at the forthcoming Federal Open Market Committee (FOMC) meeting scheduled for Wednesday. The market presently maintains the conviction that this quarter-point uptick...
BRICS Interest Soars: 40+ Countries Seek Membership as De-Dollarization Efforts Grow
21.7.2023
South Africa’s top diplomat responsible for BRICS relations has revealed that more than 40 countries are interested in joining the economic bloc. Among them, 22 nations have formally applied for membership. He believes that the BRICS group could expand to include more than 50 countries. BRICS...
BRICS Leaders to Talk Expansion at August Summit, Host Confirms
19.7.2023
The leaders of the BRICS states will discuss the organization’s enlargement when they meet in South Africa, the country’s president indicated. The summit is set take place in August when over a dozen countries will hope to be given a path to membership. Nearly 20 Nations Aspire for BRICS...
Investigation Reveals Bitcoin's Creator Satoshi Nakamoto Could Be a Group, Not an Individual
17.7.2023
The identity of Satoshi Nakamoto, the enigmatic creator of Bitcoin (BTC), has been a subject of intense curiosity and speculation since the advent of the leading cryptocurrency.
While many envision a single genius behind its inception, there is growing evidence to suggest that Nakamoto...
The Many Facts That Indicate Bitcoin’s Creator Satoshi Nakamoto Was More Than One Person
16.7.2023
Ever since the genesis of Bitcoin, the identity of its creator, Satoshi Nakamoto, has remained shrouded in profound intrigue, evolving into one of the most captivating enigmas of all time. While numerous speculators picture a solitary genius behind its inception, it’s plausible that this...
Blockchain group to push Philippines Web3 adoption via state partnership
13.7.2023
DICT Director Emmy Lou Versoza-Delfin said there's been a rise in innovative blockchain startups in the country, signaling that the country could be a global leader in blockchain
Billionaire Winklevoss Twins and DCG's Barry Silbert Dispute Takes a Nasty Turn
11.7.2023
Cameron and Tyler Winklevoss, the billionaire twins who owns crypto exchange Gemini, may have a hidden agenda with their lawsuit against Barry Silbert’s crypto conglomerate Digital Currency Group (DCG), a recent Fortune article has suggested.
According to the article, there is a chance that...
Crypto Biz: Winklevoss slams Silbert, Twitter’s double-edged sword and more
8.7.2023
This week’s Crypto Biz also explores Gemini’s fight with the Digital Currency Group (DCG) over user funds, new banking tools for the digital yuan, and OpenAI’s efforts to stop users from jumping paywalls
New York Federal Reserve and US Banks Complete Programmable Dollar CBDC Test
8.7.2023
The New York Federal Reserve and a group of financial institutions announced the successful conclusion of a proof-of-concept of the Regulated Liability Network (RLN), which contemplates the introduction of a dollar-based interbank central bank digital currency (CBDC). The test concluded that, using...
Gemini Files Lawsuit Against Digital Currency Group and Barry Silbert Alleging Fraud and Deception
7.7.2023
After Gemini co-founder Cameron Winklevoss published an open letter to Digital Currency Group (DCG) CEO and founder Barry Silbert, threatening legal action if the firm failed to respond by July 7, Winklevoss announced on Friday that his company had filed a lawsuit against DCG and Silbert in...
Gemini files lawsuit against Digital Currency Group and Barry Silbert over Genesis and Earn program
7.7.2023
Gemini co-founder Cameron Winklevoss alleged Barry Silbert committed fraud by knowing Genesis was “massively insolvent” when attempting to continue the Earn program
Gemini Sues Digital Currency Group and Founder Barry Silbert Alleging 'Fraud'
7.7.2023
Gemini and its founders sued Digital Currency Group on Friday alleging that it incurred losses due to DCG's "false, misleading and incomplete representations" tied to DCG subsidiary Genesis' work with Gemini on the crypto company's Earn product
The Shows Anime Expo's Greatest Think You Should See, Including Spicy NSFW Ones
7.7.2023
Much like how stand users in JoJo’s Bizarre Adventure are drawn to one another, I found myself pulled into the orbit of a few popular Black anime content creators while traversing the convention floor of Anime Expo 2023, the self-described largest anime convention in the U.S. Specifically, I...
Gaining speed on tokenization is vital for UK’s financial future, banking group warns
6.7.2023
UK Finance says it’s not too late for the United Kingdom to make up for other jurisdictions’ faster start to securities tokenization, and it better do it if it wants to remain a global financial leader
Mawson Infrastructure Group Deploys 2,600 Bitcoin Miners at Newly Secured Pennsylvania Site
6.7.2023
Mawson Infrastructure Group, a publicly-listed bitcoin mining operation, announced on Thursday that it has acquired a new mining site in Bellefonte, Pennsylvania. The company detailed that it has swiftly deployed 2,600 bitcoin miners at the location. Mawson Secures Pennsylvania Site, Deploys 2,600...
Big Banks, NY Fed’s Innovation Group See Merit in Digital Ledgers for Global Payments
6.7.2023
Citigroup Inc., HSBC, BNY Mellon and other global financial giants have been experimenting with what they call a “regulated liability network” for conducting round-the-clock, wholesale payments using shared ledgers, and a paper released Thursday suggests the system has potential
FraXion Launches First Security Token Offering in the USA
6.7.2023
PRESS RELEASE. Randolph & Main Capital Group (RMCG) has announced the launch of FraXion (FRXN). It is one of the first debt Security Tokens aimed at retail investors who wish to invest alongside institutional investors in the most sought-after real estate developments in the United States....
Binance Labs Leads $4M Funding for AI Blockchain Data Firm Web3Go
6.7.2023
Singapore-based blockchain start-up Web3Go has raised $4 million in a seed round led by Binance Labs, the venture capital and incubator arm of crypto exchange giant Binance.
According to the press release, other participants in the seed round financing included Hashkey Capital, NGC, Shima Capital...
Binance, Coinbase and Gemini staff are among the least happy, data suggests
6.7.2023
Crypto exchange Binance said its “hardcore” work culture could explain some of the results, while recruiters warn the data should be taken with a grain of salt
Bolivia’s President Calls on South American Countries to Ditch US Dollar, Bolster Alliances With China and BRICS
6.7.2023
Bolivia’s President Luis Alberto Arce Catacora (Lucho Arce) has urged members and associated states of the Mercosur trade bloc to de-dollarize and establish stronger strategic alliances with international organizations, including the BRICS group. “We are experiencing a crucial moment...