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Ethereum: A mixed bag in 2023, But still a good investment

17.8.2023
The recent launch of PayPal’s USD stablecoin, known as PYUSD, as an ERC20 token on the Ethereum network has ignited significant interest in the cryptocurrency market. This move signals a crucial step toward Ethereum’s mainstream adoption. It is significant not only for the Ethereum...

Stellar announces investment in MGI via Development Foundation

16.8.2023
Stellar has announced that it is investing in MoneyGram International, also known as MGI in short, through its Development Foundation. Stellar Development Foundation, often referred to as SDF, will hail the investment opportunity just 2 years after they executed their commercial agreement. Stellar...

Auradine: How a Crypto Startup Secured $81 Million with a Visionary Pitch

15.8.2023
Crypto startup Auradine has managed to secure a staggering $81 million in its debut funding round, even without a product or customers to its name, a recent article from Fortune Crypto has revealed. This substantial amount, garnered solely from a pitch deck, raises eyebrows, particularly amidst...

Goldman Sachs Expects Fed to Start Cutting Interest Rates in Q2 Next Year

15.8.2023
Goldman Sachs has predicted that the Federal Reserve will start cutting interest rates in the second quarter of next year. The global investment bank’s economists also expect the Fed officials to forego hiking rates at their upcoming meeting. “We are penciling in 25 basis points of cuts...

Robert Kiyosaki Recommends Buying Silver Before It’s Gone

15.8.2023
Rich Dad Poor Dad author Robert Kiyosaki has urged investors to buy silver before it’s gone, noting that the precious metal is getting rarer. He stressed that silver is “a better bargain” as a long-term investment than gold. Robert Kiyosaki Urges Investors to Buy Silver...

Report: Embracer's $2 Billion Deal That Blew Up Was With Saudi Arabia

14.8.2023
Embracer Group, the Swedish holding company that’s been buying up everything from Borderlands maker Gearbox Entertainment to the rights to The Lord of the Rings, saw its stock plummet earlier this year when a mystery $2 billion deal collapsed at the last minute. Axios now reports that the partner...

Law Professors Blast SEC’s Concept of Investment Contract in Amicus Brief

14.8.2023
Six professors of law have issued an amicus brief in favor of Coinbase, blasting the U.S. Securities and Exchange Commission’s (SEC) stance on the definition of investment contracts. Through a historical examination of the development of securities laws, the brief concludes that an investment...

WPAY: Revolutionizing P2P Payments Through Cryptographic Proof

14.8.2023
PRESS RELEASE. The global financial system has undergone multiple changes throughout its lifetime. First, with the introduction of the gold standard, then with advancements in banking communications, digitized international trade and investment, and remittances. All of these inventions have made...

Spot Bitcoin ETF Applications Face More Delays

11.8.2023
The U.S. Securities and Exchange Commission (SEC) on Friday asked for additional public feedback on a proposal to list a spot bitcoin exchange-traded fund (ETF), likely delaying any decision on the high-profile applications. SEC Seeks Public Opinion on Spot Bitcoin ETF The SEC put out a 34-page...

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