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Mounting Trend of Challenges to USD Hegemony Reported: Saudi Arabia, BRICS; Ron Paul Weighs in on Potential Fall of Dollar as Reserve — Week in Review
9.4.2023
The United States dollar has been a hot topic in recent weeks, with multiple reported developments occurring globally which could signal significant moves toward de-dollarization in large economies. Former U.S. congressman Ron Paul also noted this week that if the USD’s influence as a reserve...
Rendering Videos – a Fast, Reliable and Low Cost Service From GAIMIN
7.4.2023
GAIMIN has launched video rendering into the services provided by gaimin.cloud, GAIMIN’s decentralised, distributed data processing network. GAIMIN’s video rendering service is a lower cost service providing a faster turnaround time whilst spreading the data processing energy consumption footprint...
Mike Novogratz Warns of Credit Crunch in US and Globally — Expects Fed to Cut Rates ‘Sooner Than We Think’
19.3.2023
Galaxy Digital CEO Mike Novogratz has warned of a credit crunch in the U.S. and globally. Emphasizing that “we are heading into a recession,” he expects the Federal Reserve to cut interest rates “sooner than we think.” Novogratz on Global Credit Crunch and Recession...
How Filecoin (FIL), Avalanche (AVAX), and TMS Network (TMSN) are innovating crypto industries globally?
13.3.2023
Filecoin (FIL), Avalanche (AVAX), and TMS Network (TMSN) are three of the most innovative and disruptive platforms in the crypto space. And TMS Network’s (TMSN) first phase of pre-sale, where they have already raised $ 2 million in their private seed sale (in an incubator fund), is enough...
5 countries leading the blockchain adoption
9.3.2023
Discover the countries leading blockchain adoption with innovative solutions, supportive regulations and more
Trezor crypto wallet's move into the semiconductor business isn't for everyone
9.3.2023
Trezor plans to build its hardware wallet chips, but other crypto companies still prefer third-party imports due to technical and financial barriers
Nigerian Crypto Leverage Searches Second-Highest Globally — Africa Dominates Searches for Leveraged Trading Products
5.3.2023
According to an analysis of Google searches by Leverage Trading, Nigeria is the “second-highest country in the world for searches related to crypto leverage.” Along with South Africa and Ghana, the West African nation also dominates searches for the term “trade crypto.”...
Certain Banks' Crypto Exposure Dropped by 44% Globally in 2022 From Previous Year: BIS
28.2.2023
Banks across the globe lowered their exposure to certain crypto by 43.6% in a year, a report by the Basel Committee on Banking Supervision (BCBS) said on Tuesday
Report Reveals Limited Accounting Records, Commingled Funds at FTX Digital Markets in the Bahamas
17.2.2023
PWC, one of the ‘Big Four’ auditors and among the largest professional services networks globally, recently published a report on FTX Digital Markets, the bankrupt crypto exchange’s Bahamian subsidiary. The report indicates that the entity’s accounting records have been limited, and...
India Having ‘Detailed Discussions’ With G20 Members on Crypto Regulation
14.2.2023
India is having “detailed discussions” with other G20 members about forming a collective standard operating procedure (SOP) to regulate crypto assets, Indian Finance Minister Nirmala Sitharaman has revealed. She also called for “a globally coordinated approach on the regulation...
Quicknode Raises $60 Million in Series B to ‘Fuel Blockchain Adoption’ and Expand Globally
24.1.2023
Web3 infrastructure firm Quicknode raised $60 million in a Series B funding round, according to an announcement the company made on Tuesday. The capital injection brings the company’s post-valuation to $800 million, and Quicknode says the funds will be used to “further fuel blockchain...
Coinbase Shutting Down Most Crypto Services in Japan After Series of Job Cuts Globally
13.1.2023
The Nasdaq-listed cryptocurrency exchange Coinbase is closing down most of its operations in Japan after announcing another round of job cuts globally. “Despite everything we’ve been through as a company and an industry, I’m still optimistic about our future and the future...
Nigerian Crypto Exchange Roqqu Gets European Union Virtual Currency License
4.1.2023
The Nigerian crypto exchange Roqqu recently announced that it obtained a virtual currency license that allows it to offer its services in 28 European countries. According to Israel Ololade, the head of product at Roqqu, the European Union license “aligns with the brand’s drive to become...
Strike Launches Bitcoin Lightning Network-Enabled Money Transfers to Africa
7.12.2022
United States-based users of Strike, a digital payments platform built on Bitcoin’s Lightning Network, can now transfer funds instantly and at a low cost to Kenya, Ghana, and Nigeria via the recently added new feature known as “Send Globally.” The new feature instantly converts...
Bitget Takes on World Cup 2022 with Messi to Inject Confidence in Social Trading
1.12.2022
The leading exchange expands the team globally as Messi leads Argentina to the round of 16. World Cup 2022 in Qatar is one of the most expensive World Cups in history, with an estimated cost of $US 220 Billion invested, more than 15 times spent. According to Bloomberg, crypto and blockchain...
Deloitte: Metaverse Could Add $1.4 Trillion a Year to Asia’s GDP
24.11.2022
Deloitte estimates the metaverse could add $1.4 trillion to Asia’s GDP annually by 2035. Noting that the metaverse market could be as large as $13 trillion by 2030, the global financial services firm said: “The metaverse is no longer science fiction. Early metaverse platforms...
US Treasury Secretary and Indian Finance Minister Discuss Crypto Regulation
13.11.2022
U.S. Treasury Secretary Janet Yellen and Indian Finance Minister Nirmala Sitharaman discussed crypto regulation during the ninth India-U.S. Economic and Financial Partnership meeting. They stressed the importance of international cooperation and setting high regulatory standards globally. US...
Mastercard Study: African Fintech Sector Had One of the Highest Year-on-Year Growth Rates in Funding in 2021
1.11.2022
In 2021, African fintech startups accounted for 61% of the $2.7 billion in venture capital funding that was deployed on the continent, a new study has found. While its share of global fintech funding is just over one percent, the continent’s fintech sector still recorded one of the highest...
9 years after the first Bitcoin ATM, there are now 38,804 globally
31.10.2022
From one Candian coffee shop to a worldwide network of nearly 39,000, crypto ATMs have turned nine years old and are only expected to continue growing
An exclusive experience, MEXC is the first to launch future second-level K-line Function globally
27.10.2022
On October 25, the cryptocurrency trading platform MEXC upgraded the function of future products and launched the second-level K-line function. MEXC is the first cryptocurrency trading platform in the world to launch the future second-level K-line function. Currently, the K-line chart of the future...