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Russia-China Trade Grows Despite Global Challenges, Putin Highlights
2.10.2024
Russian President Vladimir Putin marked the 75th anniversary of the People’s Republic of China by praising the solid partnership between Russia and China. He emphasized the resilience of their economic relationship and increasing trade despite international challenges. Putin also highlighted...
EigenLayer Tokens to Be Released in Coming Hours, Futures Trade at Fully Diluted $6.8B
30.9.2024
The restaking protocol will unlock 1.67 billion tokens at 9 p.m. PST on Monday
Select Group of Russian Firms Authorized to Use Crypto for Chinese Imports Amid Sanctions
29.9.2024
A select group of Russian companies, including electronics producers and financial institutions, has received approval to use cryptocurrencies for Chinese imports under a pilot legal framework. Overseen by Russia’s central bank and the Ministry of Finance, this initiative targets firms handling...
US License Expiration Imperils Russia-China Trade in Chinese Yuan
29.9.2024
A U.S. license allowing transactions with key players in Russia’s financial system expires on Oct. 12. This could make it harder and more expensive for Russian businesses to trade with China in yuan. The yuan is currently the most traded foreign currency in Russia after Western sanctions...
Adorable Baby Hippo Inspires Moo Deng Token — Soars 1,398% in a Week
27.9.2024
According to recent data, the Solana-powered meme token moo deng (MOODENG) has jumped 98% in the past 24 hours and shot up a stunning 1,398% over the last week. With this massive boost, the meme token has claimed the top spot as the day’s biggest winner, boasting a global trade volume of $147...
Swan Bitcoin Alleges Ex-Employees Conspired to Steal Mining Business
27.9.2024
A newly filed lawsuit claims that Swan Bitcoin, a financial services company focused on bitcoin, is accusing former employees of trying to hijack its “billion-dollar bitcoin mining business.” According to the suit, Swan’s subsidiary Electric Solidus alleges that Proton...
Bitcoin Tops $66K as Inflation Cools, $9.67M in Shorts Liquidated
27.9.2024
Bitcoin prices continued climbing this week, reaching an intraday peak of $66,456 per unit at 10:35 a.m. ET on Friday, marking a 2.4% boost against the U.S. dollar today and a solid 5% gain over the past seven days. Bitcoin Jumps to $66,456 Following U.S. PCE Report On Friday, Sept. 27, 2024...
Putin: BRICS Nations Developing Own Payment and Settlement System
27.9.2024
Russian President Vladimir Putin has revealed plans for an independent payment system in collaboration with BRICS nations to secure foreign trade transactions. This move reflects a strategic shift aimed at increasing Russia’s and BRICS’s autonomy in global trade amid broader economic...
Catching Up on the WordPress ???? WP Engine Sitch
26.9.2024
Many of you — perhaps most of you — have been sitting on the sidelines while WordPress and WP Engine trade legal attacks on one another. It’s been widely covered as we watch it unfold in the open; ironically, in …
Catching Up on the WordPress 🚫 WP Engine Sitch originally...
FTC cracks down on ‘deceptive’ AI projects, including an AI lawyer
26.9.2024
“Operation AI Comply” is part of the US federal agency’s latest round of enforcement actions against companies it claims used AI to harm consumers
BRICS Eyes Petroyuan for Oil Trade Amid Dedollarization Push, Expert Says
26.9.2024
BRICS nations are considering adopting the petroyuan for oil trade as part of their ongoing dedollarization efforts, according to economic expert Herbert Poenisch. He noted the BRICS group may discuss alternatives to the petrodollar at their Kazan summit. He highlighted Saudi Arabia’s...
PayPal enables business accounts to buy, sell, and trade crypto
25.9.2024
In 2020, PayPal began allowing individual retail customers to buy, sell, and hold crypto directly from their PayPal and Venmo accounts
PayPal enables business accounts to buy, sell, and trade crypto
25.9.2024
In 2020, PayPal began allowing individual retail customers to buy, sell, and hold crypto directly from their PayPal and Venmo accounts
Binance Bags Historic $100 Trillion Milestone in All-Time Trade Volume
24.9.2024
Binance has announced a historic milestone, achieving an all-time trade volume of $100 trillion earlier this month. The…
Russia Pushes for Sustainable BRICS Interbank Networks and Payment Systems
24.9.2024
Russia is pushing to develop independent interbank networks and payment systems within BRICS to boost the bloc’s financial influence. Moscow aims to expand cross-border settlements and the use of national currencies in BRICS trade, as part of a strategy to reduce dependence on Western financial...
BRICS to Discuss Alternative Payment Platforms at Upcoming Summit
24.9.2024
Russian Foreign Minister Sergey Lavrov announced that a report on alternative payment systems for BRICS nations will be presented at an upcoming summit in Kazan. The proposal, led by Brazilian President Lula da Silva, seeks to reduce reliance on traditional financial platforms. Lavrov emphasized...
Lavrov Says He Agrees With Donald Trump on US Sanctions Weakening Dollar’s Status
23.9.2024
Russian Foreign Minister Sergey Lavrov has backed former U.S. President Donald Trump’s remarks about the negative effects of U.S. sanctions on the dollar and the American economy. Lavrov agreed that sanctions imposed by the Biden administration have weakened the dollar’s global reserve...
How China’s Economic Slowdown Will Transform Global Trade, Expert Insights
23.9.2024
China’s slowing economy is poised to redefine its global trade relationships, particularly with the Global South. Assistant professor Ning Leng of Georgetown University’s McCourt School of Public Policy discussed how these internal economic challenges might prompt China to boost investments...
Blockchain could help UK’s $14.5T payments sector, says trade group
17.9.2024
Trade group UK Finance hailed experiments on the Regulated Liability Network as a success but called for further talks with regulators to develop the system
Russian Central Bank Eyes Digital Currency to Overcome Cross-Border Payment Obstacles
17.9.2024
Elvira Nabiullina, head of Russia’s central bank, has highlighted challenges in cross-border settlements, including payment issues and falling trade volumes. She emphasized the importance of finding new solutions, such as using digital currencies and cooperating with global partners,...